Ethereum Sees Surge in Blob Usage as Layer-2 Solutions Gain Momentum
The Ethereum network is witnessing a notable surge in blob usage, reflecting an increasing shift towards layer-2 scaling solutions for faster and cost-effective transactions. What Are Blobs and Why Do They Matter? Blobs, or binary large objects, are a data management innovation introduced in Ethereum’s Dencun upgrade earlier this year.
Bitcoin Dips to $95K Amid $500M Crypto Market Liquidation
The cryptocurrency market faced a turbulent weekend, wiping out nearly $500 million in value as volatile corrections gripped traders. The sell-off triggered mass liquidations across exchanges, impacting 186,966 traders in just 24 hours. Altcoins Bear the Brunt While Bitcoin (BTC) briefly dropped to $95,700—just days after nearing the $100,000 milestone—altcoins
ZA Bank Launches Retail Crypto Trading in Hong Kong
Hong Kong’s largest virtual bank, ZA Bank, has introduced a groundbreaking service allowing retail users to buy and sell Bitcoin and Ethereum directly with fiat currency. The move highlights the city’s growing acceptance of cryptocurrency within traditional financial systems. ZA Bank customers can now access Bitcoin and Ethereum trading via
Bitcoin Eyes $125K by New Year: Prediction Markets Bet Big
Bitcoin‘s price is surging, with forecasts pointing to a six-figure valuation by the end of 2024. Prediction platforms and market activity signal a high likelihood of Bitcoin breaking its psychological $100,000 barrier, possibly reaching new heights. Prediction Markets Bet on Six Figures Data from Kalshi, a popular betting platform, suggests
Bitcoin and Crypto Set for 2025 Shakeup as SEC Eyes New ETFs
Bitcoin prices have surged, approaching the $100,000 mark, as optimism around crypto exchange-traded funds (ETFs) grows. Analysts predict bitcoin’s value could skyrocket to $30 trillion, fueled by BlackRock’s continued backing of spot bitcoin ETFs. This surge also follows rumours that a country may be quietly accumulating bitcoin, further driving demand.
Bitcoin Soars as SEC Chair Gary Gensler Announces Resignation
Gary Gensler, chair of the US Securities and Exchange Commission (SEC) and a prominent critic of the cryptocurrency industry, has announced his resignation. Gensler will officially leave his position on 20 January 2025, the day Donald Trump is inaugurated as the next US president. In a post on X, Gensler
