Hemi has surpassed $265 million in Total Value Locked (TVL), outpacing established Bitcoin L2s like Stacks ($98M) and BOB ($242M) ahead of its mainnet launch anticipated in Q1 2025. The early TVL comprises 2,686 BTC and 3,207 ETH, with liquidity flowing from major protocols like exSat, Kelp, B2, and Lorenzo. Hemi, a Bitcoin Layer 2 … Read more
Despite a significant jump in quarterly revenue, Coincheck Group still reported a net loss of $98.1 million.
Due to recent investments, BlackRock, the world’s largest asset manager, is attracting significant attention from crypto enthusiasts amid ongoing market uncertainty. Today, February 12, 2024, blockchain-based security intelligence firm Arkham posted on X (formerly Twitter) that BlackRock has invested millions of dollars in Bitcoin (BTC) and Ethereum (ETH). BlackRock’s Investment In Bitcoin and Ethereum According … Read more
Lawmakers in 20 U.S. states are pushing bitcoin reserve bills that could inject $23 billion (247K BTC) into the market, according to Vaneck’s head of digital assets research, who calls the estimate conservative. 20 State Bitcoin Bills Could Unleash a $23 Billion Buying Wave—247K BTC at Stake Lawmakers across 20 U.S. states have introduced bills … Read more
Metaplex (MPLX), a decentralized platform on Solana, is attracting attention after surging 2,100% in two months. The altcoin, trading near $0.29 support, shows bullish momentum with rising volume and positive market sentiment. Investors closely monitor whether Metaplex can sustain its rally and push toward a triple-digit percentage gain. Metaplex generates over $50 million in annual … Read more
The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.
Crypto exchange Bybit and Block Scholes, a London-based research firm, have published a new report analyzing why the much-anticipated altcoin season has yet to arrive during the current market cycle. The market so far is “a sea of uncertainty.” But could it still witness a shift to altseason? In their report,”Altcoin Rotation — Why Altseason … Read more
The crypto market is constantly shifting, and Arbitrum, once a major player, is now seeing a slowdown. While traders previously flocked to its ecosystem, the enthusiasm has started to fade. At the same time, FXGuys is capturing the spotlight, offering traders a more rewarding and practical alternative. With its Stage 3 presale at $0.05, raising … Read more
The task force would investigate how many digital currencies are being traded, the number of exchanges in New York and how crypto affects the state and local tax receipts, among other priorities.
Ether’s price briefly spiked 3.5% on the news that asset manager 21Shares plans to add staking to its spot Ether ETF.