Blockchain

Crypto Market Cap Could Exceed $4 Trillion by Q2 2025 A recent analysis suggests that the total market capitalization of the cryptocurrency sector is on track to surpass $4 trillion in the second quarter of 2025. This projection comes after the total crypto market cap reached an impressive all-time high of $3.73 trillion on December…

SafeWallet Unveils Bybit Hack Post-Mortem Report The developer of SafeWallet has released a comprehensive post-mortem report detailing the cybersecurity exploit that led to the staggering $1.4 billion hack against Bybit in February. This report, conducted in collaboration with cybersecurity firm Mandiant, reveals how a sophisticated hacking group managed to hijack a Safe developer’s Amazon Web…

Credit: Image by Yahoo via YAHOO NEWS Texas Senate Approves Bitcoin Strategic Reserve Bill The Texas Senate has made headlines by passing the Bitcoin strategic reserve bill, officially known as SB-21, with a decisive 25-5 vote on March 6. This landmark legislation is set to reshape the financial landscape of the state and potentially influence…

Bitcoin Price Dips Below $90K Amid Market Caution Despite the recent Crypto Summit, which promised bullish announcements regarding a Bitcoin reserve, the cryptocurrency market has shown little enthusiasm. Traders are exercising caution, leading to a notable decline in Bitcoin’s price, which has slipped back below the $90,000 mark. Market Reactions to Bitcoin Reserve Announcements During…

Bitcoin, ETH, XRP, SOL, ADA: Navigating the US Crypto Reserve Rumors As the cryptocurrency market braces for potential volatility, Bitcoin and several altcoins are expected to remain range-bound in the short term. This anticipation comes ahead of the highly awaited White House Crypto Summit scheduled for March 7, which is set to unveil crucial details…

Solana DEX Volumes Surpass Ethereum Amid Memecoin Crisis In a surprising turn of events, Solana’s decentralized exchange (DEX) volumes continue to compete fiercely with the entire Ethereum ecosystem, even as the memecoin market experiences a significant downturn. According to a recent report by asset management firm VanEck, Solana’s share of total on-chain DEX volume reached…

US Lawmaker Revives CBDC Bill Following Trump’s Digital Dollar Ban Minnesota Representative Tom Emmer, the majority whip in the US House of Representatives, has taken a bold step by reintroducing legislation aimed at preventing federal banks from utilizing or issuing central bank digital currencies (CBDCs). In a notice dated March 6, Rep. Emmer announced the…

Litecoin Traders See Sub-$100 LTC Prices as Accumulation Opportunities As trade tensions escalate between the US, Canada, China, and Mexico, the cryptocurrency market is feeling the pressure. However, amidst this turmoil, Litecoin (LTC) is emerging as a beacon of opportunity for savvy traders. Analysts are increasingly optimistic about LTC, especially after it demonstrated remarkable price…

Credit: Image by Yahoo via YAHOO NEWS Crypto VC Investments Surpass $1.1B in February Amid DeFi Surge In a remarkable turn of events, venture capital funding for blockchain and cryptocurrency startups skyrocketed in February, reaching an impressive total of $1.1 billion. This surge is largely attributed to the growing interest in decentralized finance (DeFi) projects,…

Bitwise Makes First Institutional DeFi Allocation In a landmark move for the decentralized finance (DeFi) sector, Bitwise Asset Management has announced its inaugural institutional allocation into DeFi. This significant step not only underscores the growing acceptance of DeFi among institutional investors but also highlights Bitwise’s commitment to expanding its portfolio in innovative financial products. Understanding…