Author: Nola Robert

Article written by Nola Robert

Over 15 million South Koreans now invest in crypto

December 26, 2024 1 min read

South Korea has reached an important point in crypto use, with more than 30% of its people now investing in digital assets. By late 2024, there were 15.59 million crypto investors, the highest number ever for the country. This increase shows how important cryptocurrencies are becoming in South Korea’s financial system. In November, daily trading volume for cryptocurrencies reached $10.5 billion, exceeding the total trading activity of the KOSPI and

Bitcoin trading around $95k after liquidating over $500 million in long positions

December 24, 2024 1 min read

The cryptocurrency market has shown its ups and downs again, especially with Bitcoin, which recently jumped to a record high of $108,200. This rise created a lot of excitement for traders and investors. But the excitement didn’t last long as Bitcoin’s price quickly fell to $95,000, leading to the liquidation of $540 million in long positions. It’s important to know what causes this big change. Bitcoin reached $108,200 due to

Dogecoin drops over 30% from its yearly high of $0.48

December 22, 2024 1 min read

Dogecoin (DOGE) has fallen a lot, going down more than 30% from its yearly high of $0.48 earlier this month. This decline is linked to various negative signs that indicate prices may drop further as the year ends. Technical indicators suggest that DOGE might drop below $0.20. A significant bearish pattern, called a “Death Cross,” has appeared on the DOGE/USD one-day chart. A short-term moving average, like the 50-day, crosses

The Current Changes in the Blockchain Network: Why Users Need More Bitcoin

December 18, 2024 3 mins read

As we navigate a rapidly evolving cryptocurrency landscape, significant changes have already occurred in the blockchain network, particularly concerning the necessity for investors to increase their holdings of Bitcoin. With the recent resurgence of the Chinese crypto market and the ongoing monopolization of the crypto market by major corporations, the demand for Bitcoin has surged. As we approach the new calendar year, investors should be aware of these developments and

Owner of Peanut the Squirrel sues Binance over alleged IP violations

December 17, 2024 1 min read

Mark Longo, who owns Peanut the Squirrel, is suing Binance. He claims the crypto exchange used images and stories of Peanut without his permission. Longo says this legal action is part of a bigger plan to protect his creative works, and he intends to send more cease-and-desist letters. The market value of the Peanut the Squirrel (PNUT) token has stayed mostly stable, showing that the lawsuit hasn’t had much effect.

CoinShares predicts 2025 will bring major gains for Bitcoin and altcoins under Trump

December 13, 2024 1 min read

CoinShares expects significant growth in the cryptocurrency market by 2025, driven by positive regulatory changes and new technology. The European investment firm’s latest report highlights important trends. These include the possible effects of Donald Trump’s presidency, the growth of companies that yield Bitcoin, and progress in Ethereum and Solana. Analyst Max Shannon believes that a Trump administration might bring regulatory changes that benefit Bitcoin miners and digital assets, making it

MicroStrategy makes a $2 billion Bitcoin purchase

November 13, 2024 2 mins read

MicroStrategy Inc. has made headlines with its most significant Bitcoin purchase since 2020, acquiring around 27,200 BTC for about $2.03 billion between late October and early November. This move marks a pivotal moment in the company’s ongoing commitment to cryptocurrency, bringing its total Bitcoin holdings to an impressive $24 billion, based on Bitcoin’s recent peak price of over $86,500. The company’s co-founder and chairman, Michael Saylor, first introduced Bitcoin into

exSat Network introduces Bitcoin staking

November 5, 2024 1 min read

The exSat Network unveiled its new exSat bridge, which introduces Bitcoin staking just weeks after its mainnet launch. This feature, according to the team aims to broaden the financial landscape for Bitcoin holders, allowing them to earn yields while still retaining control of their original assets. By staking Bitcoin, users receive a wrapped token called XBTC, which is directly tied to their native BTC on a 1:1 basis. This means

DWF Labs Dismisses Partner Amidst Allegations

October 29, 2024 1 min read

DWF Labs is currently addressing serious allegations against one of its partners, who has been accused of inappropriate behavior. In light of these concerns, the company has made the decision to remove this partner from all management and operational positions immediately. DWF Labs announced they prioritize respect and are dedicated to fostering a safe and inclusive workplace for everyone. In addition, they added that their commitment to gender diversity is

SEC filings reveals Emory holds 2,678,906 ETF shares as of September 30

October 27, 2024 1 min read

Emory University has made headlines by investing $15 million in the Grayscale Bitcoin Mini ETF, becoming the first university in the United States to publicly announce Bitcoin holdings. According to recent filings with the U.S. Securities and Exchange Commission, Emory owns over 2.6 million shares in the ETF, valued at just over $15 million as of the end of September. This investment is part of a larger trend where institutional

MOODENG rises 128% after Binance announces USD-Margined perpetual contract listing

October 26, 2024 1 min read

Moo Deng (MOODENG), a meme coin on the Solana blockchain, is making waves in the cryptocurrency scene, with its price skyrocketing by 128.4% in just 24 hours, currently sitting at approximately $0.1649. This surge is accompanied by a remarkable 293% increase in trading volume, largely fueled by Binance’s recent announcement of a USD-Margined perpetual contract for the token, which went live on October 25. The new MOODENGUSDT perpetual contract on

India Blockchain Week (IBW) Returns To Spotlight The Growth of India’s Web3 Ecosystem

October 14, 2024 6 mins read

India Blockchain Week (IBW), the country’s flagship series of blockchain and web3 events held in Bangalore, is set to return for 2024 after an enormously successful 2023 edition. Spanning from November 30th – December 8th 2024, the web3 festival will feature an array of 100+ web3 events, including flagship events such as IBW2024 Conference, ETHIndia, IBW Demo Day and many other side-events hosted by Indian & global blockchain industry stakeholders.