TRX hits $20B record high, flashing ‘altseason’ signal for December
    04 Dec 2024
    84 Views

    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…

    Ethereum Beacon Chain ‘far from perfect’ but brings massive opportunity
    03 Dec 2024
    68 Views

    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…

    DeFi on the way to having ‘bank-like’ financial products — Mercuryo CEO
    03 Dec 2024
    69 Views

    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…

    Grayscale’s crypto portfolio up 85%, driven by triple-digit altcoin gains
    01 Dec 2024
    68 Views

    Grayscale’s cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Grayscale Trust Investment’s cryptocurrency holdings have increased by over 85% in market capitalization during the past month, according to Cryptorank data. The asset management giant’s portfolio increase was primarily driven by…

    How RWA unlocks new opportunities in the $700B reinsurance market
    20 Nov 2024
    85 Views

    Nayms, a crypto-native marketplace, has announced the introduction of the NAYM token to enable decentralized governance, staking and greater participation in tokenized insurance programs. The global reinsurance market, valued at over $700 billion, plays a critical role in stabilizing the broader insurance industry by covering risks for primary insurers. Traditionally, this market has been a closed-off space,…

    BlackRock receives license to operate in Abu Dhabi
    19 Nov 2024
    109 Views

    BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region. The company is also seeking a license to operate in the…