Browsing yearly archive

2024

WIF, PEPE, and SEI shine as cryptocurrencies surge

WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19. These gains followed US Federal Reserve’s 0.5% interest rate cut. Analyst says WIF could outpace market in coming weeks. Meme coins dogwifhat (WIF) and Pepe (PEPE), as well as layer 1 blockchain Sei (SEI) are among the […]

Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut

Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K. Ethereum and Solana have also surged, reflecting a broader crypto market rally. Caution remains due to economic uncertainties and potential regulatory issues. Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points. […]

Google Cloud rolls out new blockchain RPC service

Google Cloud announced the new blockchain remote procedure call service on Sept. 17 The blockchain RPC service is compatible with Ethereum and offers up to 100 requests per second. Google Cloud targets developers in the web3 space, aiming to scale development and deployment of decentralized applications. Google’s cloud computing platform has announced the launch of […]

Bitcoin price jumps to a three-week high

Bitcoin price has surged 5.6%, hitting a three-week high of $61.1K on Tuesday morning. Altcoins like Celestia, Immutable X, and Near have seen double-digit percentage gains. Crypto stocks have risen modestly ahead of the Fed’s expected rate cut announcement. Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency […]

Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024

DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain and Web3 for institutional-grade access. Singapore’s DBS Bank is set to launch over-the-counter (OTC) crypto options trading and structured notes in the fourth quarter of […]

Ethereum developers consider rolling out Pectra upgrade in two phases

Ethereum devs consider splitting the Pectra upgrade into two phases for a 2025 launch. The first phase is targeted for release by February, with June seen as a deadline. Pectra upgrade includes the Prague (execution) and Electra (consensus) layer upgrades. Ethereum developers are contemplating a split of the much-anticipated Pectra upgrade into two phases to […]

Starknet approves new staking mechanism with dynamic STRK minting curve

Starknet community approved a dynamic minting curve for STRK tokens. The minting curve adjusts token supply based on staking participation levels. Starknet Foundation can modify minting parameters to manage inflation and rewards. The Starknet community has successfully passed a proposal to implement a dynamic minting curve for STRK tokens, a significant move to balance staking […]

Coinbase’s wrapped Bitcoin token cbBTC goes live

Coinbase launches cbBTC, an ERC20 token backed 1:1 by Bitcoin in its custody. cbBTC allows BTC holders to access DeFi apps like Aave, Compound, and MakerDAO. Over 843,783 Bitcoins back cbBTC, representing 4% of the total Bitcoin supply. Coinbase, the largest cryptocurrency exchange in the US, has officially launched its new tokenization product, Coinbase Wrapped […]