CELO jumps 25% after project gains endorsement from Vitalik Buterin

Key Takeaways Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. Share this article CELO, the native... Read more »

Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848

Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block... Read more »

Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts

Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry analysts are still divided on the direction Bitcoin... Read more »

Solana could hit 50% of Ethereum’s market value, predicts VanEck

Key Takeaways Solana’s transaction efficiency far surpasses Ethereum, offering a 3000% increase in processing speed and drastically lower fees. VanEck’s analysis suggests a significant market cap rise for Solana, potentially reaching 50%... Read more »

Congressman Blasts SEC Chair Over Crypto Regulation Failures

Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your... Read more »

BlackRock records $158 million inflows across Bitcoin and Ethereum ETFs

On Sept. 24, Bitcoin ETFs recorded a substantial inflow, totaling $136 million, driven primarily by BlackRock’s IBIT ETF, which saw an inflow of $98.9 million, marking the most significant movement of the... Read more »

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims

The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the... Read more »

Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million in seed funding and collaborates with major crypto investors and companies. Share... Read more »

TradFi giant BNY Mellon secures regulatory exemption for crypto ETF custody services

BNY Mellon is taking significant steps toward entering the crypto custody market, particularly for Bitcoin and Ethereum exchange-traded funds (ETFs), after securing an exemption from the SEC, Bloomberg News reported on Sept.... Read more »

US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant

According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%.... Read more »
Dip Your Toes in Crypto Blog