While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s […] Original
Day: October 19, 2024
POPCAT cools, WYAC and PHIL meme coins pump double.digits
With Bitcoin up above $68,000, meme coins like Woman Yelling At Cat, Settled EthXY Token and Phili Inu spiked double digits. According to CoinMarketCap, the global crypto market has slowly recovered from last week’s slump. The crypto market cap has jumped to $2.34 trillion from last weekend’s $2.17 trillion. Bitcoin (BTC) is hovering above $68,000, and Ethereum (ETH) is trading around the $2,600 level. But in the last few hours, the market seems to be cooling down, with signs of a potential reversal. Despite this uncertainty, these three meme coins…
Exploring 7 Different Investment Strategies for Bitcoin: A Guide for Investors
Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals. The following editorial explores seven distinct types of investment methods and […] Original
Solana Struggles To Break $160 Resistance As Top Analyst Predicts A Coming Surge
Este artículo también está disponible en español. Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure. The crypto community is closely watching these developments, as breaking through this key resistance could lead to substantial gains for the altcoin. Related Reading Top…
Former Sodastream CEO Offers $100K in Bitcoin for the Safe Return of Israeli Hostages
In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis. Following Netanyahu’s statements, former Sodastream CEO Daniel Birnbaum upped the ante by pledging a $100,000 reward for […] Original
NFT sales surge to $93m, Ethereum network dethrones Bitcoin
Weekly non-fungible token sales volume has surged 22.5% and now stands at $93 million, per the latest data. As the crypto market shows slow signs of recovery, the NFT market enjoys an uptick in volume and other metrics. Here’s a small glimpse: NFT sales volume pumped to $93 million from last week’s $77.6 million. The Ethereum (ETH) network has dethroned the Bitcoin (BTC) network in terms of volume. NFT buyers almost doubled from last week’s 263,804 to 494,666. The number of NFT sellers also witnessed a 108% surge and stands…
The Moral Case for Bitcoin: Decentralized Currency as a Path to Freedom
In a world where state-backed currencies fund wars, inflate economies and deplete savings, digital alternatives like bitcoin offer a compelling ethical choice. By removing money from government control, bitcoin presents a route toward a freer and more just society. The Flaws of Fiat Currencies Government-issued fiat money, which lacks intrinsic value, is often manipulated through […] Original
Ethereum Derivative Market Sees Over 50,000 ETH Inflow, Price Fall Imminent?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Decentralized Money Market Protocol Loses $4.3M in Social Engineering Attack
Tapioca DAO, has been the victim of a social engineering attack in which criminals exploited a vulnerability to compromise the ownership of the TAP token vesting contract. The breach led to the sale of 30 million vested tokens. A blockchain security firm detected suspicious activity involving Tapioca DAO. The attacker withdrew millions of TAP tokens, […] Source CryptoX Portal
Ostium Launches Novel Macro Trading Platform Amidst Growth in Global Events-Based Trading
Enables Real-Time Trading of Traditional Assets During Historic Event-Driven Market Volatility and Adoption of Prediction Markets LONDON, Oct. 18, 2024 /PRNewswire/ — Ostium Labs today announced the public mainnet launch of its onchain trading platform, offering traders unprecedented access to global macro markets during a period of global event-driven volatility, marked by speculation around the U.S. Presidential election. Ostium enables perpetuals trading on traditional market currencies, commodities, and indices in real time, markets uniquely affected by events like interest rate changes and geopolitical outcomes. The trading platform meets the needs…