News

Ethereum crosses the $4k mark for the second time in three months

Ethereum, the second largest crypto asset by market capitalization crossed the $4000 price threshold for the second time in over three months today. The crypto asset hit $4,012 in the early hours of Monday as it closes in on its three-year all-time high of $4,878. This is the second time Ethereum has crossed this price…

December 16, 20240Comments

ByMichael Ndu-okeke

Ethereum

Ethereum’s Value Debate: Can Rollups and Layer-1 Integration Secure Its Future?

As Ethereum continues evolving into a rollup-centric ecosystem, its position as the leading smart contract platform faces increasing scrutiny. While major upgrades like Dencun have improved scalability and efficiency, concerns about long-term value capture persist, especially with rising competition from alternative Layer-1 (alt-L1) blockchains like Solana and Sui. This shift has sparked critical discussions about…

December 14, 20240Comments

ByGabriel Okokhuele Eromonsele

Bitcoin News

Grayscale’s GBTC drains Bitcoin ETFs with $105 million outflow

Grayscale’s GBTC Yesterday, recorded an outflow of $105 million, the only highlight of an underwhelming day of trading for Bitcoin ETFs. On Dec 12, a day before yesterday, Bitcoin ETFs were pumping pulling in a staggering $597 million. This was the highest inflow recorded for the second week of December. Things were really quiet yesterday…

December 14, 20240Comments

ByMichael Ndu-okeke

News

Metis Announces DSEQ Reboot to Incentivize Builders and Users Through Performance-Based Rewards

Metis, a layer-2 Ethereum scaling solution, has announced the relaunch of its Decentralized Sequencers (DSEQ) initiative, aimed at strengthening its decentralized infrastructure and incentivizing meaningful contributions within its ecosystem. Notedly, the DSEQ Reboot introduces a performance-based rewards program that benefits builders, users, and projects by encouraging sustainable growth, community engagement, and collaboration. https://twitter.com/MetisL2/status/1867572264922644629 Key Details of…

December 14, 20240Comments

ByDaniel Nwokolo

News

VanEck Predicts Bitcoin, Ethereum, and Solana to Hit New ATHs by 2025

#VanEck predicts #Bitcoin, #Ethereum, and #Solana will hit new ATHs by 2025, driven by U.S. adoption, #blockchain innovations, and institutional interest.

December 14, 20240Comments

ByPeter Macharia

News

SEC’s Threat Against Elon Musk Sparks Legal Inequality Concerns

The #SEC threatens legal action against #ElonMusk, sparking concerns about regulatory overreach and its impact on small businesses.

December 14, 20240Comments

ByPeter Macharia

News

BiT Global Sues Coinbase Over Delisting of Wrapped Bitcoin

#BiT Global sues #Coinbase for delisting Wrapped Bitcoin (#WBTC) to favor #cbBTC, accusing the exchange of unfair business practices.

December 13, 20240Comments

ByPeter Macharia

News

Rep. French Hill Unveils Crypto Plans for 2025 as House Financial Services Chair

Rep. #FrenchHill outlines plans for clear #cryptoregulations in 2025, focusing on market structure, #stablecoins, and debanking practices.

December 13, 20240Comments

ByPeter Macharia

News

GO SmartChain AI Launches Tier 1 Node Sale on CV Pad

GO SmartChain AI has announced the launch of its Tier 1 Node Sale on CV Pad, offering early participants a 40% discount on node purchases as part of its RealFi ecosystem expansion. The sale begins on December 15, 2024, at 14:00 CET and runs until December 22, 2024. Notably, the exclusive offer allows CV Pad…

December 13, 20240Comments

ByDaniel Nwokolo

News

Midnight Expands DeFi Ecosystem with SundaeSwap, NMKR, and FluidTokens

Midnight, the first partner chain to Cardano, has announced new partnerships with decentralized exchange SundaeSwap, NFT infrastructure provider NMKR, and NFT-based lending platform FluidTokens. Notably, these collaborations aim to enhance security, compliance, and data protection across decentralized finance (DeFi) applications on the Midnight network. Accordingly, the partnerships will build a comprehensive DeFi ecosystem that prioritizes…

December 13, 20240Comments

ByDaniel Nwokolo