Cryptocurrency Market

  • Market Cap: $2,251,988,152,007.88
  • 24h Vol: $58,675,442,906.63
  • BTC Dominance: 55.61%
86-million-tokens-set-for-distribution-in-eigenlayer’s-season-2-stakedrop

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop

The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces […]

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bitcoin-sinks-3%-as-markets-brace-for-friday’s-jobs-report,-gold-climbs

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs

On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $2,500 per ounce mark. Recession Fears Loom as

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs Read More »

a-deep-dive-into-the-top-10-l1-chains-by-daily-transfer-records

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag

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gomining-token-review:-exploring-fundamental-and-technical-factors

GOMINING Token Review: Exploring Fundamental and Technical Factors

Given the volatility of the crypto market, the opportunity for cryptocurrencies to skyrocket in value comes with an equally significant risk of them plummeting. This reality forces investors and users to identify tokens that are less likely to lose their value suddenly. According to Statista, as of August 2024, there were over 10,000 active cryptocurrencies,

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bitcoin-miner-iris-energy-increases-mining-output-by-10%

Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy

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trump-leads-harris-by-7%,-wins-majority-of-swing-states,-polymarket-betting-shows

Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows

According to recent Polymarket data, former President Donald Trump is ahead of Vice President Kamala Harris by seven percentage points as of Sept. 5, 2024. Polymarket’s betting on six key swing states shows Trump leading in four, including Arizona, Georgia, Pennsylvania, and Nevada. Trump Holds 7% Lead Over Harris on Polymarket, General Polls Show a

Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows Read More »

pepe-unchained-presale-sees-whale-activity-as-it-crosses-$12m-line

Pepe Unchained Presale Sees Whale Activity as it Crosses $12M Line

The meme coin craze might not be over. Pepe Unchained (PEPU) has surged past the $12 million mark in its presale as investors pile in for discounted PEPU tokens. And with the project beginning to attract the attention of crypto whales, many believe PEPU’s launch later this year will be explosive. Pepe Unchained Attracts Enormous

Pepe Unchained Presale Sees Whale Activity as it Crosses $12M Line Read More »

bitcoin-and-ethereum-etfs-record-$74-million-in-outflows,-grayscale-funds-lead-losses

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses Read More »

former-mt-gox-ceo-mark-karpeles-to-launch-new-crypto-exchange-with-a-focus-on-transparency

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to

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robinhood-fined-$3.9-million-over-crypto-withdrawal-restrictions-in-california

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California Read More »