Day: January 15, 2024

Modular L2 for ZK Applications

The introduction of MANTA on Binance Launchpool is a huge step toward addressing the ZK ecosystem’s difficulties. Binance, one of the world’s leading crypto exchanges, has unveiled the 44th project on its Launchpool – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer, introducing a modular Layer 2 (L2) solution tailored for Zero-Knowledge (ZK) applications. Staking and Farming MANTA According to the announcement, users eager to partake in the MANTA Launchpool can stake their BNB and FDUSD tokens in separate pools, farming MANTA tokens over…

Solid TVL Slingshots SUI Price To Break $1 For New All-Time High

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Sui (SUI), a newcomer in the crypto sphere, is making waves as it tallied an impressive 87% rally in the last seven days, pushing its price to reach $1.43 at the time of writing for a new record high. Its native token has outperformed Bitcoin, sparking renewed interest in the dormant DeFi scene. Sui’s remarkable success can be attributed to the remarkable surge in its Total Value Locked (TVL), a key metric reflecting the amount of cryptocurrency locked into its decentralized finance (DeFi) protocols. Over the course of the past…

Binance Research forecasts 2024 trends, themes in crypto

Binance Research highlights potential 2024 crypto trends, including Bitcoin halving, AI integration, and institutional adoption. In their 2024 analysis, Binance Research outlines several trends that may influence Bitcoin (BTC) and the broader cryptocurrency market. One key focus is the upcoming Bitcoin halving event, historically associated with significant market movements, although it’s emphasized that this is not a guaranteed cause-and-effect scenario. #Binance Research is delighted to announce the release of our comprehensive industry year-in-review report. We uncover the top crypto industry dynamics of 2023 and discuss key trends as we head…

Bitcoin could replace the dollar as the reserve currency

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At the World Economic Forum, the former presidential candidate highlights the potential upside of Bitcoin toward global financial stability. The World Economic Forum, held annually in Davos, Switzerland, is a prestigious gathering that brings together leaders from across the globe, including political figures, business executives, and prominent intellectuals, to discuss pressing global issues. In a statement at the forum, former Secretary of State Hillary Clinton expressed her concerns about the impact of cryptocurrencies on global finance. Clinton’s words reflect a growing debate around the role and influence of digital currencies…

Ethereum Bloodbath Incoming? Celsius’ $125 Million Move Threatens ETH Price

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The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence company Arkham Intelligence, Celsius Network carried out transfers worth over $125 million worth of ETH last week to various crypto exchanges. Celsius Transfers ETH To Exchanges Data shows that between January 8 and January 12, Celsius…

Google Cloud Joins Flare Blockchain as Validator 

Google Cloud also said Flare has become part of the Google for Startups Program, which aims to accelerate the growth of Web3 startups. Google Cloud, the cloud computing and data storage unit of the technology giant Google, has entered into a strategic partnership with the Flare blockchain to join the network as a validator. The cloud unit has become the latest corporate institution to join the growing list of validators on Flare, verifying blocks, confirming transactions, and proposing new updates to the protocol. These efforts contribute to bolstering security and…

Insights from Davos 2024 World Economic Forum: AI, Growth, Climate

The 54th World Economic Forum in Davos gathers global leaders to discuss challenges ranging from geopolitical tensions to AI impact. Key themes include security, economic growth, AI ethics, and climate strategy. From January 15 to 19, 2024, the small Swiss alpine town of Davos will once again become the epicenter of global discussions with the celebration of the 54th edition of the World Economic Forum (WEF), under the theme “Rebuilding Trust”. With over 1,000 leading companies from different countries and the participation of 100 governments, along with heads of state,…

Toncoin surging, investors exploring altcoin alternative

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite a relatively flat 24 hours for crypto, Toncoin has enjoyed a significant run, increasing by 13.28%. Currently, TON is priced at $2.38 with a $8.2 billion market cap. Another altcoin making waves in Bitcoin Minetrix, a newly launched crypto mining token that is gathering momentum as its presale nears $8.5 million. TON pumps as user base expands While the exact catalyst behind Toncoin’s recent pump remains unclear, one…

How Low Can Bitcoin Go? CryptoQuant Head Reveals Target

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In the midst of Bitcoin’s recent price struggle, CryptoQuant head of research has revealed the level Bitcoin can potentially sink down to. Bitcoin Might Go Down To As Low As Realized Price Of 1 To 3 Months Old Hands In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how low the BTC price can go following the latest correction. “To evaluate this I like to look at the realized price of 1 to 3 month-old holders,” explains Moreno. The “realized price” refers to an indicator…

Celestia’s Native Token TIA Crosses $20, Reaches New All-Time High

Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just crossed the $20 mark, which…