Blockchain data service platform Chain.info reveals that five exchanges hold an overwhelming 10% of circulating BTC According to Chain.info, five major centralized exchanges—Binance, Coinbase, Huobi, Kraken and OKEx—together custody roughly 10.6% of all circulating Bitcoins. This concentration highlights how a small group of large platforms controls a significant portion of the Bitcoin supply. The total … Read more
For the first time, the cryptocurrency market capitalization has reached $2 trillion, while institutional adoption of digital assets continues to expand. Here is a concise summary of the week’s most important cryptocurrency news: Crypto market cap reaches $2 trillion The cryptocurrency market is in a prolonged rally that began last year. Over the past 12 … Read more
Polygon is climbing after announcing it raised $450 million to scale Ethereum, the network it closely complements and competes with. The token broke above $2 and, at the time of writing, has risen by about 12%. Read on for a concise overview of Polygon, including what it is, why it matters, and where you can … Read more
Pudgy Penguins hints at a recovery with a parabolic price curve. Brett reaches a market capitalization of $1 billion. The Trump token stabilizes and targets resistance at $16.50. The memecoin market is experiencing a pronounced bullish shift in momentum, following broader Bitcoin gains as it approaches the $100,000 threshold. The sector recorded a nearly 10% … Read more
Solana CME futures open interest reached a record $2.16 billion as institutions accumulate ahead of the SEC ETF decision. Solana ETPs surpassed $500 million AUM, led by staking products REXShares SSK and Bitwise BSOL. SOL price outlook: a pullback to $210 is considered healthy, while a break above $250 targets highs near $290. Solana (SOL) … Read more
The cryptocurrency BitConnect has become one of the most controversial digital currencies on the market. Since its launch, many observers have accused BitConnect of operating as a Ponzi scheme. Now the company behind BitConnect has announced it will immediately shut down its lending platform and close its exchange platform within the next four days. As … Read more
Concerns across markets intensified on Monday, sending cryptocurrency prices sharply lower. Bitcoin fell below $40,000, and the total crypto market capitalization slipped under $1.87 trillion. Several coins were among the steepest decliners: Near Protocol, Mina Protocol, Zilliqa, Moonbeam, and Axie Infinity each dropped more than 10% in the past 24 hours. Investors Are Fearful Cryptocurrencies … Read more
Bank completed a pilot with Elliptic, a cryptocurrency risk management firm, to report suspicious crypto activity Blockchain analytics and compliance firm Elliptic announced yesterday that it worked with Banco Santander to help the bank better understand risks associated with digital assets. The pilot concluded yesterday, during which Elliptic assisted Santander in identifying suspicious cryptocurrency activity. … Read more
ZetaChain has enlisted Google Cloud, Deutsche Telekom, NTT Digital, Coinbase and Alibaba Cloud as validators. The price of ZETA jumped sharply after the announcement before retracing amid profit-taking. ZetaChain, a Layer 1 universal blockchain designed to enable interoperability across multiple networks, has welcomed several major industry players as validators. In a statement, ZetaChain said the … Read more
Key points UNI from Uniswap is the top performer among the top 30 cryptocurrencies by market capitalization, rising 20% in 24 hours. The rally follows a governance proposal called “UNIfication” submitted by Uniswap Labs and the Uniswap Foundation. UNI surges after UNIfication proposal UNI, the native token of the decentralized exchange Uniswap, has emerged as … Read more