Arbitrum, a popular Ethereum scaling solution, recently hit a major milestone: 1 billion transactions! This is a huge number for decentralized finance (DeFi), especially considering how quickly it happened. Arbitrum’s Rise to Success Arbitrum was built to tackle Ethereum’s scalability issues. It uses a technology called “Optimistic Rollup” to process transactions faster and with lower…
Sei (SEI), a Solana rival, is making some serious moves and a seasoned trader is bullish on its future. The Flow Horse, a well-known trader in the crypto world, is pumped about SEI after it broke through a long-standing resistance level at $0.40. He’s calling it a “key inflection point” and is ready to buy…
Binance, a major cryptocurrency exchange, has announced its support for Lumia’s upcoming token swap event. This swap is a crucial step before Lumia’s new blockchain launches. What’s Happening? Lumia is getting ready to launch its new blockchain, and the token swap is the final step before that happens. Binance’s support means that ORN holders (those…
South Korean crypto exchange Bithumb is reportedly considering a big move: listing on the Nasdaq stock exchange. Bithumb’s US Ambitions According to Korean news outlet DNews, Bithumb shared its plans with shareholders on Monday. The exchange, currently the second-largest in South Korea by trading volume, is exploring a Nasdaq listing. This isn’t the first time…
The US is on track to become the biggest Bitcoin holder again, according to CryptoQuant CEO Ki Young Ju. He says this is happening because of the growing demand for Bitcoin spot ETFs. Bitcoin’s Resilience Ju believes Bitcoin has weathered all the recent storms, including the Mt. Gox and German Bitcoin sell-offs, without taking a…
Bitcoin’s price has been on the rise lately, and everyone’s talking about it. Some people think it’s all about hype and positive sentiment, but one expert says it’s much simpler than that. The Crowd Doesn’t Always Know Best A market intelligence platform called Santiment noticed a huge surge in positive sentiment around Bitcoin. People are…
China’s strict ban on cryptocurrencies is facing growing criticism from experts, including a former top finance official. A Shift in the Wind? Zhu Guangyao, a former vice minister of finance, recently called on the Chinese government to reconsider its crypto ban. He argued that while cryptocurrencies pose some risks, they are also crucial for China’s…
Crypto investors are feeling optimistic! Last week saw a huge surge in money flowing into crypto investment products, with a total of $1.2 billion pouring in. This is the third week in a row with positive numbers, which shows that people are starting to believe in crypto again. Bitcoin is the star of the show….
Taiwan is taking a step forward in the world of crypto by allowing professional investors to access foreign crypto exchange-traded funds (ETFs). This move comes after a period of careful consideration and discussion with industry experts. How It Works The process involves a “re-entrustment” system. This means Taiwanese institutions can hand over their investment management…
Ethereum is Still the King, But Solana Has Its Advantages EigenLayer, a platform that lets you stake your Ethereum in a more flexible way, is a big believer in Ethereum. Their founder, Sreeram Kannan, thinks Ethereum is better than Solana, even though Solana is gaining popularity. Kannan argues that Solana focuses too much on speed…
