Ethereum Adds $70 Billion Market Cap Equal to Almost Solana’s Total Value
Key Insights Ethereum’s market capitalization saw a remarkable surge on Monday, adding $70 billion to reach $439 billion. This increase equates to nearly 90% of Solana’s total market
New DeBank Credit Authentication Tool Boosts Web3 Transparency and Security
Key Insights: DeBank, a well-known cryptocurrency portfolio tracker, has introduced an advanced authentication system named Credit. This tool aims to evaluate the authenticity, activity, and value of Web3
AI Companies Bet on Small Models to Boost Adoption and Cut Costs
Key Insights: Major technology companies such as Apple, Microsoft, Meta, and Google are shifting their focus to smaller language models with fewer parameters. These new models aim to
What Is GameStop and How It Became a Meme Stock Sensation
In January 2021, the video game retailer GameStop (GME) became the focal point of an extraordinary stock market event. GME stock prices surged dramatically due to a substantial
Bitcoin Climbs Sharply as April CPI Data Signals Lower Inflation
Key Insights: Bitcoin has surged, recording its best day since March, in response to the latest U.S. inflation figures. The April Consumer Price Index (CPI) indicated a milder
Crypto Wallet Recovery Firms See Boom as Bitcoin Value Soars
Key Insights: As Bitcoin prices reach new highs, an increasing number of investors find themselves locked out of their cryptocurrency wallets, prompting a boom in business for wallet
FTX Pushes Debt Claim Deadline to Streamline Bankruptcy Plan
Key Insights: FTX Digital Markets has announced an extension to the deadline for creditors to submit proof of debt claims. Initially set for May 15, 2024, the new
What You Need to Know About SocialFi and Its Decentralized Benefits
SocialFi, combining ‘social’ and ‘finance,’ integrates social media with blockchain technology. It seeks to reward users for producing high-quality content and provides them with greater control over their
Bitcoin Mining Difficulty Drops to Lowest Point Since December 2022
Key Insights: Bitcoin mining difficulty has decreased by 5.63%, reaching its lowest level since December 2022. The difficulty level now stands at 83.15 trillion, a drop that aligns with
How Bitcoin Runes Differ from Ordinals in Utility
BTC Runes represent the latest innovation in Bitcoin technology, developed by Casey Rodarmor, who is also behind the Ordinals invention. This discussion will first define Bitcoin Runes, providing