Bitcoin’s market performance in the third quarter of 2024 was a rollercoaster of volatility. Starting on shaky ground, Bitcoin dropped to a low of $54,321.02 on July 8, sparking concerns about a potential bearish trend. However, within just 48...
After a lengthy spell of research and public consultations that began in 2017, the Bank of Canada has decided to discontinue its efforts to create a digital version of the Canadian dollar. This decision comes even as the central...
Over the past three years, East Asia has strengthened its role as a major hub in the global crypto and stablecoin market. The region is home to five of the world's top 50 crypto adopters—South Korea, China, Japan, Hong...
The Democratic Party's candidate for the U.S. presidential elections coming up early next month, Kamala Harris, has largely maintained a low profile when it comes to discussing the crypto industry. Her broader policy platform, the "Opportunity Economy," noticeably avoided...
Blockchain oracle network Chainlink recorded the most developer activity among ERC-20 token projects in September 2024. According to analytics firm Santiment, the project had over 400 GitHub events. Meanwhile, Ethereum, the pioneer in smart contracts and decentralized applications, was...
The Chinese government banned cryptocurrency in 2021 in a bid to reduce financial risks and control money flow. However, mining pools in the country continue to wield significant influence over the Bitcoin network. As Ki Young Ju, founder and...
The rise of commodity-backed stablecoins this year has captured quite some attention, especially as an alternative to fiat-backed stablecoins and the volatile broader crypto market. As of August 1, 2024, their total market capitalization reached $1.3 billion, led by...
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,...
