Ethereum’s token supply has surged to levels not seen since early 2023, reigniting debates around its inflationary status post-upgrade. Recent analysis indicates that the Dencun upgrade has altered the dynamics of transaction fees on the Ethereum network, impacting the burn mechanism that previously limited ETH supply. According to Presto research analyst Jaehyun Ha, the surge … Read more
What Is This Studios has announced the upcoming launch of their trading card game, “What Is This Sorcery?” (WITS), on the SKALE blockchain network. This also marks WITS as the first Web3 gaming project to receive backing from Kickstarter. WITS Blends Tangible Card Collecting with Digital Gameplay WITS distinguishes itself by blending tangible card collecting … Read more
With its latest approval from Hong Kong’s SFC, HashKey Capital can offer crypto investment strategies to professional investors. HashKey Capital has received approval from Hong Kong‘s Securities and Futures Commission to offer discretionary account management for cryptocurrencies under the existing type 9 license, the firm revealed in a Wednesday blog announcement. The approval means HashKey … Read more
Investors are searching for the best coins to buy now as the market picks up steam. New high-potential altcoins emerge and gain traction, and certain crypto assets continue their dominance as blockchain adoption grows. Top altcoins like Sui have maintained their momentum as promising high-flyers, while other low-cap but high-potential altcoins like Wormhole, Brett, Beam, … Read more
According to a recent analysis from JPMorgan Chase, the Bitcoin network demonstrated a modest uptick in its average monthly hash rate in January, rising by 1% year-on-year to reach 785 EH/s. Interestingly, the mining difficulty saw a slight decline of 2% compared to the previous month, reflecting unusual dynamics within the market. The analysis highlighted … Read more
SUI is trading at $3.71, holding above the $3.50 demand zone after recent downward pressure. The 20-EMA at $3.58 serves as immediate support, while $3.87 – $4.12 remains a key resistance range. A break below $3.50 could push SUI toward $3.08, while a breakout above $4.12 may drive it toward $4.90. Sui (SUI) has been … Read more
In an exciting development for crypto enthusiasts, Bitget has announced the launch of its latest Launchpool project, titled Analog (ANLOG), set to commence on February 6th. The project boasts a substantial total prize pool of 23,333,431 ANLOG, capturing the attention of investors looking for lucrative staking opportunities. The lock-up period will span from February 6th, … Read more
Solana-focused investment firm Sol Strategies has significantly expanded its holdings by purchasing an additional 40,300 SOL between Jan. 19 and Jan. 31. The purchases, worth approximately $9.9 million, were made at an average price of $246.53 per token, according to the company’s press release. With this latest acquisition, the Toronto-based firm now owns a total … Read more
SUI could soar 47% to reach the $5 level if it maintains above $3. SUI was at a crucial support level of $3.3 and has formed a perfect 1:5 risk-to-reward ratio. After a sharp decline in recent days, Sui [SUI] has formed a perfect risk-to-reward ratio for intraday traders, attracting notable attention from Binance … Read more
This is a contributor content by Kadan Stadelmann, operations security expert and Chief Technology Officer at Komodo Platform. President Donald Trump’s federal crypto reserve is a fantastic financial idea that could change the direction of U.S., and even world, history. Investors seem to understand the turning point we are at, as Bitcoin prices shot up into … Read more