Cryptocurrency Analysis and News Portal
Ethereum’s large user and developer base “will continue to act as a feeder to rollups,” analysts Gautam Chhugani and Manas Agrawal wrote, adding that they “expect a new growth cycle to emerge in crypto as rollups drive mainstream application building on Ethereum.” Original Source
Read More
Crypto adoption worldwide has accelerated in the last couple of years. Thanks are especially in order to the 2021 bull run that saw the price of bitcoin reach as high as $69,000, triggering an influx of new users into the market, both on the retail and institutional investor side. As
Read More
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its
Read More
Beyond being just a buzzword, Web3 is supposed to be a reimagined Internet that offers users gaming, social media and financial services through decentralized applications, or dApps, running on a blockchain and controlled by a user’s own wallet. Gaming-related companies, such as Australian-based Immutable, reckon they will be the breakthrough industry
Read More
Last month, there was news of a “Solana Phone.” Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, said the network’s smartphone (officially called Solana Saga) was a way to bring crypto into the world of mobile computing. And maybe, just as the iPhone rapidly expanded internet use, a
Read More
Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time.Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back
Read More
Troubled "Singapore-based" crypto firms like Three Arrows Capital have little to do with local crypto regulations, said Ravi Menon, managing director of the Monetary Authority of Singapore. Original Source
Read More
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the
Read More
Prices have been declining across the crypto market and with it has come to a lot of doubt on the part of investors. This is reflected in the deposit and withdrawal trends recorded across the various crypto exchanges. One of these has been the funding rates which had remained flat
Read More
The leading NFT marketplace on the Solana network, Magic Eden, has raised a total of $130 million in a Series B funding round. This funding round was co-led by Electric Capital and Greylock. The seeding round, announced on Tuesday, values the platform at $1.6 billion, making it level with Series
Read More