Ethereum and its Layer 2 scaling solution, Polygon, have emerged as the top choices for new users in the first quarter of 2024. According to the latest report by Flipside, these two blockchain platforms have attracted a significant number of new users compared to other EVM chains since the beginning of the year. With Polygon
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Cardano (ADA) has recently reached a significant milestone by processing 88.6 million transactions to date. This achievement is crucial as it showcases sustained network activity, which can have a positive impact on ADA’s price. Additionally, with 1,353 projects actively building on the network, the ecosystem is set to expand further as new users join through
Notcoin, also known as NOT, has been making waves in the cryptocurrency community with its innovative Telegram-based clicker game. Developed by Open Builders, Notcoin allows players to mine in-game coins by simply tapping on a coin within the app. These coins can then be converted into an on-chain, tradable token – NOT. The game has
The Bitcoin mining industry experienced an unprecedented boom in March, raking in over $2 billion to secure the leading cryptocurrency network. Data from Blockchain.com reveals that miners collectively averaged a staggering $65.23 million per day over the course of the month. This figure surpassed the previous two months’ 30-day averages of $48.31 million in February
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, has recently suggested that the U.S. Securities and Exchange Commission (SEC) delay the approval of a spot Ethereum Exchange-Traded Fund (ETF) until December. This move comes amid the soaring success of the Bitwise Bitcoin ETF (BITB), which has garnered over $2 billion in assets under
Discover the environmental impact of cryptocurrency mining in this informative article. Uncover facts about energy consumption, waste generation, water usage, air pollution, and more. Learn about the urgent need for sustainable solutions in the industry.
Learn the fundamentals of cryptocurrency mining for beginners! From choosing the right cryptocurrency to setting up your mining operation, this guide has got you covered. Start your mining journey today!
As Ethereum (ETH) continues its journey towards the $4,000 price mark, it is facing a critical challenge in the form of scrutiny from the US Securities and Exchange Commission (SEC). The recent market conditions have not been particularly favorable for Ethereum, with the digital asset experiencing a significant drop of more than 15% over the
Bitcoin’s price has recently experienced a period of consolidation correction around the $60K level. Despite this, buyers are showing interest in reclaiming the $73K threshold in the mid-term, which could potentially drive the price to a new all-time high. An in-depth analysis of the daily chart reveals that Bitcoin is currently in a corrective phase
The past week was nothing short of challenging for Spot Bitcoin ETFs, as they struggled to attract significant inflows on a daily basis. This lack of interest resulted in consecutive daily outflows throughout the week, signaling a potential decline in bullish sentiment among institutional traders. The impact of this can be seen in the price