Metamask, a popular Ethereum wallet, recently introduced Validator Staking support on its platform. This feature allows users to stake their tokens and participate in the Ethereum network by becoming validators. However, there are both advantages and disadvantages to consider before diving into the world of staking with Metamask. One of the major benefits of staking
Crypto
Bitcoin, the world’s leading cryptocurrency, has recently experienced a 6% decrease in its price. Many have attributed this drop to the market impact of the newly approved spot Bitcoin Exchange-Traded Funds (ETFs). However, Jurrien Timmer, Fidelity’s Director of Global Macro, believes that this sell-off is just a short-term phenomenon rather than a long-term trend reversal.
Bitcoin’s recent decline following the approval of spot Bitcoin ETFs has not had the anticipated positive influence on its price. In contrast, Ethereum has seen a significant rise in price dominance against Bitcoin, with a notable increase over the past week alone. This increase in dominance is accompanied by a surge in new Ethereum addresses
In a surprising turn of events, a Bitcoin user unknowingly paid a staggering transaction fee that amounted to a whopping 4 BTC, equivalent to $172,000. The exorbitant fee was significantly higher than the actual amount being transferred, as the transaction itself only sent 2.9 BTC to the intended recipient. The fee alone accounted for over
The lending firm Celsius has been making headlines recently with its initiatives to repay creditors amidst its ongoing bankruptcy court proceedings. In the past week, Celsius transferred over $125 million worth of its Ether to crypto exchanges, following the lead of FTX and Alameda Research. This article delves into the details of these transfers and
Chainlink’s native token, LINK, recently experienced a significant downturn, causing concerns among investors. The decline was mainly attributed to speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now decoupling from the altcoin pack, indicated by its ratio
In the fourth quarter of last year, 1inch experienced a significant increase in volumes and market dominance. According to a report by Messari, the popular decentralized exchange (DEX) aggregator recorded over $30 billion in executed volume, capturing a commanding 64% share of the Ethereum DEX aggregator market. This surge in volume can be attributed to
In recent years, Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges, leading to speculation about the future potential of these cryptocurrencies. According to a research report by Coinbase Research and Glassnode, the current market cycle for BTC and ETH is following a similar pattern to previous years, during which their prices skyrocketed by
The recent approval by the United States Securities and Exchange Commission (SEC) for the launch of spot Bitcoin exchange-traded funds (ETFs) has sent shockwaves through the crypto market. Anthony Scaramucci, founder and CEO of SkyBridge Capital, one of the leading alternative asset management firms, has boldly predicted that Bitcoin will reach its all-time high by
The dApp industry has witnessed a remarkable surge in growth, as revealed by DappRadar’s 2023 Industry Report. This comprehensive report offers valuable insights into the dynamic landscape of the industry, shedding light on the key trends observed in NFTs, DeFi, and blockchain gaming. The report highlights the unprecedented increase of 124% in Unique Active Wallets
The world of blockchain games has seen its fair share of ups and downs. The latest data from the Big Blockchain Game List reveals that more than 30% of announced blockchain games in 2023 have either been discontinued or canceled. This brings us to question the sustainability and viability of this emerging industry. As of
The rise of decentralized finance (DeFi) has undoubtedly sparked excitement and potential within the financial industry. However, a recent report by the Commodity Futures Trading Commission (CFTC) sheds light on the glaring issues and risks that plague this emerging sector. In analyzing the report, it becomes evident that DeFi systems lack clear lines of responsibility
The cryptocurrency market experienced a whirlwind of activity as 11 spot Bitcoin ETFs made their debut on US stock markets. The result? A rollercoaster ride of price movements, with Bitcoin reaching a multi-year peak followed by a massive dump. The approval of these Bitcoin ETFs by the US Securities and Exchange Commission (SEC) gave the
Hackers have once again demonstrated their ability to infiltrate secure platforms by compromising the official X accounts of popular crypto data aggregator Coingecko. This incident marks the second hack within a span of just 24 hours, as the U.S. Securities and Exchange Commission (SEC) also fell victim to a similar attack. With these occurrences, it