Month: January 2024

A closer look at the potential challenges facing Cardano in the market, along with the positive outlook on Rebel Satoshi and Solana according to analysts.

A recent survey conducted by Binance Square highlights the increasing adoption of cryptocurrencies in Europe. The survey, which included 10,498 participants, found that Europeans are driven by factors such as high yield, decentralization, and innovation when entering the cryptocurrency market. This growing interest in crypto reflects the region’s progressive attitude towards digital assets.

According to blockchain forensic firm PeckShield, the crypto industry experienced more than 600 hacking incidents in 2023, resulting in a staggering loss of nearly $2 billion. PeckShield’s recent infographic sheds light on the widespread scale of hacker attacks targeting the cryptocurrency sector.

Discover the latest trends in the altcoin market as Chiliz, Klaytn, InQubeta, and Chainlink surge in value over the past few weeks.

Binance’s venture arm, in a recent announcement, clarified that it did not participate in SkyArk Chronicles’ latest $15 million funding round, contrary to the project’s previous statement. The clarification was made in a post on Jan. 29, addressing the misconception surrounding Binance’s involvement in the funding round.

According to analysts, Bitcoin has the potential to reach $1 million in value, but the focus is shifting towards Borroe Finance. Experts believe that Borroe Finance’s ROE token may outperform Chainlink’s LINK token in the year 2024.

A new report reveals that 18 U.S. senators, including prominent figures such as Cynthia Lummis and Ted Cruz, are actively supporting the cryptocurrency sector. The Stand with Crypto Alliance, a group formed with the backing of Coinbase exchange, highlights the legislators’ dedication to advancing initiatives in the crypto space.

Discover the recent net outflow of $158 million in the BTC ETF market, with GBTC experiencing a significant decrease in investor interest. Learn about the implications and what to expect next in the U.S.-listed Bitcoin exchange-traded funds (ETFs) market.

In a recent X post, Ripple’s Chief Technology Officer, David Schwartz, expresses his support for a new governance proposal for the XRPL Foundation. Schwartz emphasizes the importance of community involvement in shaping the proposal.

Robert F. Kennedy Jr., a contender in the U.S. presidential race, has voiced his staunch disapproval of Central Bank Digital Currencies (CBDCs), asserting that they pose a threat to civil liberties. In line with the sentiments expressed by former President Donald Trump, Kennedy argues against the development of CBDCs by central banks.