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Polygon network is experiencing a significant surge in gas fees and transaction volumes following the introduction of the new PRC-20 token standard. PRC-20, akin to Bitcoin Ordinals' BRC-20, has propelled Polygon (MATIC) to record-high transaction fees and volumes in the past 48 hours. According to Polygonscan data, daily transactions
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CoinShares is considering acquiring Valkyrie, a move that would solidify its presence in the U.S. amid the heated cryptocurrency ETF frenzy. CoinShares is considering acquiring Valkyrie. Photo: Valkyrie Website Crypto asset manager CoinShares has announced its intention to purchase 100% of Valkyrie Investments' ETF fund, a key player
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Market demand for options and expectations of interest rates from the Fed could help sustain Bitcoin's (BTC) price momentum, potentially reaching $45,000 by the year's end. Analysts Predict Bitcoin Could Reach $45,000 by End of 2023 According to Markus Thielen, head of research at
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Circle Ventures, the investment arm of the stablecoin issuer Circle, has made a significant investment in the layer-1 protocol Sei, aiming to expand the USDC ecosystem. Circle Ventures Investment Boosts SEI Price Volatility Circle Ventures, the investment arm of the giant Circle, has injected funds into the layer-1 protocol Sei.
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The U.S. Securities and Exchange Commission (SEC) has decided to further postpone the review timeline for the pending Bitcoin and Ethereum ETF proposals. SEC Delays Hashdex Bitcoin Spot ETF Proposal, Grayscale Ethereum Futures ETF Proposal - BTC Price Hits New Highs. Image: CryptoSlate In an early morning announcement on
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Despite handling just 160,000 transactions over the past 13 days, the token of modular blockchain Celestia, TIA, has shown remarkable price gains since its launch. Although on-chain activity has been subdued, TIA price continues to "hold the line". Image: CoinGecko Pioneering in the field of Modular Blockchain,
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Solana (SOL) has surged nearly 20% in the past 24 hours following praise from the renowned stock market maven Cathie Wood. SOL Price Surges 20% Following Cathie Wood's Praise. Image: CNBC Amidst the positive sentiment in the cryptocurrency market, SOL has shown impressive gains after remarks made by
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In the last 24 hours, Polygon's designated wallet has allocated 217 million MATIC tokens (equivalent to $199 million) across 70 recipient addresses, believed to be internal wallets. Polygon Allocates $200 Million to 70 Addresses in Past 24 Hours According to etherscan data, the wallet labeled Polygon (Matic): Ecosystem
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On the evening of November 16, 2023, the cryptocurrency community buzzed with news that Wall Street giant BlackRock had officially filed an application to establish an Ethereum ETF Spot According to the filing, the asset management company submitted an S-1 registration statement to create the "iShares Ethereum Trust,"
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Bitcoin and leading altcoins have recently experienced a significant correction following days of reaching new highs in 2023. On the evening of November 14th and morning of November 15th, Bitcoin (BTC) dropped from around 36,700 USD to 34,800 USD, accompanied by a surge in selling volume. Previously, the
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dYdX Chain, based on the Cosmos SDK and affiliated with the dYdX DEX, has transitioned to its beta mainnet phase as of the evening of November 14th (Vietnam time), marking its first live trading following nearly a month of alpha phase stress-testing. According to the dYdX Operations subDAO, 99% of
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Ethereum co-founder Vitalik Buterin believes Plasma could complement existing rollup layer-2 solutions to further scale the world's leading blockchain network. Vitalik Buterin Revives Plasma - Ethereum Scaling Solution Thought to Be Forgotten. Image: L2Beat On November 14th, Vitalik Buterin published a new blog post titled "New Applications