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In a remarkable turn of events, the monthly spot trading volume on cryptocurrency exchanges surged past the unprecedented mark of $1 trillion in December 2023, marking the first time such a significant volume level has been achieved in over a year. According to meticulous data compiled by The Block, the total exchange volume for the

As the world bid farewell to the previous year, Bitcoin marked the conclusion of 2023 with a remarkable achievement, setting a new daily transaction record on New Year’s Eve. The cryptocurrency processed an impressive 731,000 transactions in a single day, surpassing the previous record set on Christmas Eve 2023, where the network saw 723,459 transactions.

Stake, a crypto betting and casino platform, has made a groundbreaking move into Formula One by acquiring the naming rights for Sauber’s Formula 1 car for the upcoming 2024 and 2025 seasons. This strategic partnership comes after Sauber’s rebranding, following the departure of the Stellantis-owned Alfa Romeo brand, which chose not to extend its sponsorship

Bitcoin (BTC/USD) is at a critical juncture in the volatile world of cryptocurrencies, now trading at $45,280, up 6.76% on Tuesday. The impending launch of a Bitcoin ETF looms large, signaling a potentially game-changing development that might attract trillions of dollars in the long term. This anticipation coincides with Bitcoin grappling with soaring on-chain fees,

In the ever-evolving landscape of cryptocurrency, meme coins like $SHIB, $DOGE, and $SPONGE have garnered substantial gains for certain investors. The latest entrant into the meme coin scene gaining attention is $TSUKA, a novel Solana-based token inspired by the Japanese legend of the Dejitaru Tsuka Dragon, believed to bring good fortune. Despite its short existence,

In a remarkable turn of events, the Solana blockchain network has experienced an unprecedented surge in new token creation, breaking previous records by a substantial margin. Solscan’s data reveals that within the last two weeks, an astounding 72,202 new tokens have been minted on Solana using the SPL token standard, surpassing the token creation rate

Bitcoin remains a prominent focus of market activity in the ever-changing cryptocurrency ecosystem. Bitcoin is currently trading at $42,270, a 0.52 percent increase, and faces major shifts in its trajectory, fueled by recent developments and speculations about its future valuation. Nigeria’s Yellow Card forecasts a significant cryptocurrency boom once the country’s central bank eases its

In the ever-evolving landscape of cryptocurrency, the recent shifts in Bitcoin’s market value have become a central point of focus. As of Saturday, Bitcoin is trading around $42,000, signaling a decline of more than 1.50%. This price fluctuation aligns with significant developments in the investment sector, where influential asset managers such as BlackRock and VanEck

Changpeng Zhao, the former CEO of Binance, often known as CZ, is once again prevented from traveling as his sentencing for criminal charges looms in late February. On December 29, Judge Richard Jones of the U.S. District Court for the Western District of Washington in Seattle issued a sealed order, denying Zhao’s “request for permission

In the unfolding landscape of the cryptocurrency market, all eyes are on the anticipated approval of a spot Bitcoin exchange-traded fund (ETF) in January, and blockchain data firm CryptoQuant’s recent report has added a nuanced perspective to the conversation. Contrary to the widespread expectation of a bullish surge in Bitcoin’s price following such approval, CryptoQuant’s