The Japanese yen is a relatively volatile currency at the moment. In April 2024, the yen reached a 34-year low, trading at 160.15 yen per U.S. dollar, its weakest since 1990. Despite this, GMO-Z.com Trust Company made a notable...
It is 2024 already, and the NFT market still looks a pale shadow of its heyday. Once the darling of the crypto world, NFTs have now been relegated to the lower leagues. The initial excitement has faded, and the...
Bitcoin mining companies worldwide have been observed in recent times to be shifting from relying on debt to raising funds through equity to stabilize their finances and position themselves for long-term success. Well-known companies such as Frankfurt-based Northern Data,...
In just nine months, spot Bitcoin ETFs have gone from the new kid on the block to the life of the party. Over $4.6 billion worth of units of these ETFs were traded within 24 hours of their approval....
Ethereum’s L1 network revenue is haemorrhaging pretty badly. It crashed by a whopping 99% from a peak of $35.5 million on March 5, 2024, to a mere $578,000 as of September 2, 2024, raising valid concerns about the future...
Over the last five months, zkSync, a prominent Layer 2 (L2) solution for Ethereum, has experienced a sharp decline in network activity, leaving many to question its fall from grace. Once hailed for its potential to enhance scalability and...
Real-world asset (RWA) tokenization has seen significant growth over the past year, offering a new frontier for the crypto market by transforming physical assets like real estate, bonds, and commodities into blockchain-based tokens. There have been predictions that this...
This year has been quite the rollercoaster! Investors buckled up for what they thought would be another thrilling bull cycle, only to get caught in a whirlwind of hacks, scams, and staggering losses. By the end of August 2024,...
Bitcoin is currently suffering from an identity crisis. Though initially conceived as a decentralized, peer-to-peer electronic cash system, the cryptocurrency has evolved to embody two distinct, sometimes conflicting identities: a store of value akin to "digital gold" and a...
Current State of Ethereum Exchange Reserves Ethereum’s exchange reserves—the amount of the cryptocurrency held on exchanges, centralized or decentralized—have hit historic lows over the past few months. Between May and June 2024, over $3 billion worth of Ether was...
