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Ethereum layer-2 scaling solutions Optimism and Arbitrum are in a fierce competition over transaction activity. Over the past month, there has been a noticeable divergence in activity between Optimism and Arbitrum. According to data from The Block, Optimism has been averaging 675,000 transactions per day, while Arbitrum lags behind
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Popular metaverse projects have experienced an explosive price surge over the past week, outpacing even major market leaders like Bitcoin and Ethereum. It seemed improbable that the metaverse sector would regain traction amidst Bitcoin’s strong recovery above $21,000, especially given that virtual land prices and trading volumes plummeted
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In a recent report on the economic status of USDC, Circle reaffirmed that its stablecoin "always" maintains a 1:1 peg to USD. The report opens by highlighting that Circle has redeemed $213 billion worth of USDC since its launch in 2018. This success is attributed to the
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Shibarium, the upcoming layer-2 solution from Shiba Inu, is poised to become a direct competitor to other layer-2 solutions like Arbitrum and Optimism. It aims to enhance scalability, speed, and transaction fees. Shiba Inu Set to Launch Beta Version of Layer-2 Shibarium On January 16, Shiba Inu announced that the
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On January 17, cryptocurrency exchange Binance announced the completion of its 22nd quarterly BNB burn, marking a significant increase in the value of BNB destroyed. Binance Completes 22nd BNB Burn In Q4 2022, Binance burned 2,064,494 BNB through its BNB Auto Burn mechanism. In USD terms, this equates
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Solana (SOL) is experiencing a strong rebound following a series of setbacks in December 2022, with an impressive 135% increase since the start of the year. As reported by Coin68, the collapse of FTX in November severely impacted SOL's price, which at one point fell to around $8,
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Last week was exceptionally eventful, with BTC surging by 5000 points and many altcoins also experiencing significant gains. For those who followed the spot and futures signals from 68 Trading, it was a profitable period. Now, with BTC making such a strong move, should we buy at these levels or
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Bitcoin (BTC) has experienced a remarkable surge in recent days, bringing the cryptocurrency close to its pre-FTX disaster levels. Price Movement of Major Cryptocurrencies as of 09:20 AM on January 14, 2023. Source: Coin360 On the morning of January 14, Bitcoin (BTC) extended its streak of consecutive daily gains
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Ethereum developers have launched a new testnet in preparation for the upcoming Shanghai upgrade, slated for March 2023. On January 12, Ethereum rolled out its second testnet for the Shanghai hard fork, an upgrade set to unlock a substantial amount of ETH currently held in Ethereum 2.0 staking contracts.
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Bitcoin (BTC) has reached a new milestone, surpassing the $19,000 mark for the first time since the FTX crisis. This is the highest value Bitcoin has achieved since November 8, 2022, when the FTX scandal peaked. Price Movements of Major Cryptocurrencies as of 08:05 AM on January 13,
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Polygon developers have proposed a network hard fork, named Delhi, scheduled for January 17, aimed at tackling the recent surge in gas fees and blockchain issues. Update on January 18, 2023: On January 17, the Polygon team successfully executed the Delhi hard fork to address the sudden spike in gas
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Gala Games (GALA) has seen intense price volatility, driven by vague "bombshell" news that has left investors on edge. In recent days, Gala Games (GALA) has shaken up the market with a staggering price surge of over 300%. The token skyrocketed from its lows of $0.014–$0.