The Tron token has surpassed a record $20 billion in market capitalization, flashing another bullish signal for altcoins leading into 2025. The Tron price hit a new all-time high of $0.23 after the token rose over 13% in the 24 hours leading up to 10:20 am UTC on Dec. 3, Cointelegraph data shows. TRX is…
As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network. The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift toward a proof-of-stake…
The cryptocurrency market may be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have changed, according to a market analyst. “Stablecoin liquidity” to determine next altseason The crypto market is transforming, with cycle indicators, market structures and trading patterns changing rapidly. “Altseason…
The CEO of payments infrastructure platform Mercuryo predicted that decentralized finance (DeFi) protocols and applications will soon offer financial products similar to those of banks. Mercuryo recently launched a program to support 30 startups developing Web3 consumer use cases within DeFi. Announced on Nov. 21, the program offers funding, consultations with Mercuryo and its network…
Web3 venture capitalist and crypto market maker DWF Labs is moving its headquarters to Abu Dhabi, United Arab Emirates (UAE), founder and CEO Andrei Grachev announced on X. The purpose of the relocation is to increase real-world assets and other financial services in the Middle East, Grachev said. He provided no other details. Headquarters in…
Non-fungible tokens (NFTs) have maintained their monthly sales momentum, surging by 57.8% in November as digital collectibles continue to recover. On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million in sales in November, a substantial increase in volume from October. CryptoSlam data also indicates that November’s monthly sales volume for NFTs is the highest…