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Bitcoin
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko.
L2 Blockchains Hit One Million Users Faster Than Ever,…
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a…
Bitcoin’s Largest Accounts: Peering Into the Top 10 Wallets on the ‘BTC Rich List’
In recent weeks, buzz within the crypto sphere has centered on prominent bitcoin and ethereum holders. Some addresses are awash with speculation, while others have earned distinct labels. Interestingly, a handful have purportedly been…
NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales,…
Biggest Movers: Ton 10% Higher on Saturday, Hitting Highest Level Since May
Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was…
Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000
Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has…
Top BRICS Diplomats Approached Indonesia With Proposal to Join, Foreign Minister Says
The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and…
DC Circuit Court of Appeals Chastises SEC for Grayscale Denial
On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded…
Colorado DMV Accepts Crypto Payments Through Paypal
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to…
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national…