The U.S. government, already one of the largest Bitcoin holders globally with over 200,000 coins, may soon significantly increase its holdings. A new bill introduced by Senator Cynthia Lummis (R-Wyo.) proposes creating a strategic Bitcoin reserve to reinforce the...
In a dramatic shift from its previous stance, Russia has officially legalized cryptocurrency mining. This move comes just two years after the country considered banning Bitcoin and halting all crypto-mining activities. The change in policy is largely driven by...
Venture Capital (VC) investments in the cryptocurrency sector rose significantly in early 2024 and maintained momentum through the first half of the year. According to a report from Crypto Koryo, a data analysis platform, both the total investment amounts...
The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock...
The cryptocurrency market, which started 2024 with soaring prices and high enthusiasm, is now in the throes of a dramatic downturn. August has seen an unprecedented surge in liquidations. The fallout has been substantial; a total of $1.12 billion...
On August 5, 2024, the crypto market experienced one of its toughest days in years. The sharp increase in costs for the Japanese yen-denominated loans acted as the spark that ignited the fire of volatility in the wider financial...
2024 is shaping up to be the year of memecoins. What started as a fun, niche part of crypto has become a huge trend that both seasoned investors and curious newcomers want to be a part of. Take Brett...
The web3 gaming token market has been riding high on a wave of excitement about blockchain tech, but 2024 has finally thrown it a curveball. The sector has hit a major speed bump after starting the year with mixed...
Ripple's (XRP) Market Performance in 2024 XRP’s market performance in 2024 has been characterized by significant volatility, reflecting both internal developments and external market forces. XRP rode a wave of optimism at the start of the year, sporting a...
Algorand’s ALGO has emerged as a standout performer in the cryptocurrency market in the first half of 2024, building on its impressive momentum from late 2023 where it saw a 43% quarter-over-quarter rise in its transaction volume and a...
