BONK, PEPE and SHIB are a menace to crypto
    14 Dec 2023
    209 Views

    In 2013, the launch of a dog-themed crypto token as a private joke between a couple of software developers was a harmless piece of fun. The fact that Dogecoin has since amassed a market capitalization greater than $13 billion (as of Dec. 13) is beyond the understanding of most investors, but it seems like it’s here…

    Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
    14 Dec 2023
    186 Views

    Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin payouts effectively slashed to about 30% of what they’re worth at current market rates. In an X post, Gemini Trust revealed it sent creditors an email on Dec. 13 outlining the proposed plan, which has now been put up for a vote….

    Fed pause is a ‘green light’ for investors; here’s what it means for crypto
    14 Dec 2023
    207 Views

    A decision from the United States Fed to pause and possibly lower interest rates next year will likely serve as a “positive boost” for cryptocurrencies and crypto stocks. In a Dec. 13 interview with Bloomberg, Blackrock fund manager Jeffrey Rosenberg described the Fed’s rate pause — and its hint at rate cuts next year — as a…

    Starknet to hand 10% of network fees to devs, with $3.5M in first distribution
    13 Dec 2023
    171 Views

    Layer-2 network StarkWare and the Starknet Foundation are set to distribute a 10% cut of network fees to developers, a part of a pilot program called “Devonomics.” In an announcement shared with Cointelegraph on Dec. 12, StarkWare CEO Uri Kolodny said it was allocating a portion of the network fees, provisionally 8%, to decentralized app…

    Avalanche (AVAX) posts triple-digit monthly gain as TVL surge points to user growth
    13 Dec 2023
    188 Views

    AVAX, the native token of the Avalanche ecosystem has surprised the market, posting double-digit gains amid a drawback in the wider crypto space. AVAX token smashed through the $40 barrier on Dec.12 to reach an intra-day high of $43. At the time of publication, the layer 1 token trades at $38, up 12% over the…

    BlackRock revises spot Bitcoin ETF to enable easier access for banks
    13 Dec 2023
    160 Views

    BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash, rather than just crypto. The new in-kind redemption “prepay” model, will allow banking giants such as JPMorgan or Goldman Sachs to act as authorized participants for the…