Ethereum’s supply growth is nearing 0%, signaling a shift in its economic model. The Merge was expected to make Ethereum a consistently deflationary asset, but recent data from UltraSound.Money suggests that the effect has weakened. In April 2024, Ethereum’s peak …
Bitcoin (BTC) witnessed a sharp drop of nearly 7%, pushing its price to $97,900. This unexpected decline rattled the cryptocurrency market, triggering widespread liquidations and raising questions about Bitcoin’s stability in the near term. The drop wiped out approximately $900 …
Ethereum, widely regarded as the second most significant cryptocurrency, is facing growing scrutiny for its inability to match the performance of its key competitors, particularly XRP and Solana. Over the past month, Ethereum’s market capitalization declined by approximately 17%, while …
The crypto market celebrated the inauguration of Donald Trump as the 47th U.S. President with a wave of optimism. However, the lack of any reference to cryptocurrency in his speech created a ripple of disappointment among crypto fans, leading to …
The launch of TRUMP and MELANIA memecoins has significantly boosted Solana’s network activity in recent days. Users and traders are flocking to the blockchain to capitalize on the hype surrounding these tokens, leading to a sharp increase in transaction fees. …
On the final day of 2024, Tether Inc., the company behind the world’s largest stablecoin, burned 1 billion USDT tokens. This event marked a notable contraction in USDT supply, which had grown steadily throughout the year. The token burn reduced …
As Bitcoin gains momentum in its transition toward sustainability, questions arise over whether Tesla will reintroduce Bitcoin payments in 2025. Tesla’s previous stance on Bitcoin, halted due to environmental concerns, remains a key topic of interest, especially as the cryptocurrency …
Bitcoin achieved a historic milestone on December 5, surpassing $100,000 for the first time. This marks a 41.75% increase in its value since November 5, when some major political changes, including Donald Trump’s presidential election win, impacted markets. The Bitcoin …
Decentralized Finance, or DeFi, has emerged as one of the most revolutionary trends in financial technology, offering a way to manage, grow, and access funds without traditional intermediaries like banks. By using blockchain technology and smart contracts, DeFi enables financial …
The cryptocurrency market is gearing up for a significant milestone as Deribit, the world’s largest cryptocurrency options exchange, prepares to host its biggest-ever options expiry. On December 29, 2024, at 08:00 UTC, a staggering 146,000 Bitcoin options contracts, valued at …