Crypto news

Coinbase is launching a platform for Web3 users to easily view, manage, and interact with their holdings and DeFi investments, offering a seamless onboarding process and improving user experience. Beyond that, this new app will also make it convenient for users to settle payments, communicate with others involved in transactions, and connect to numerous Web3 use cases. In an announcement, Coinbase introduced the app to the ecosystem, “Today, we’re excited to introduce the new Coinbase Wallet...

A Dutch court has denied bail for Tornado Cash developer Alexey Pertsev, who was convicted of money laundering in May. This decision is a significant setback for Pertsev, who has been held in custody for the past two months without computer or internet access despite being requested in order to prepare for his defense. Pertsev Remains in Custody The Court of Appeal of ‘s-Hertogenbosch ruled that Pertsev will remain in custody as he prepares for his appeal. Despite his defense...

Meta Description: Dai (DAI) and Solana (SOL) take negative price changes as President Joe Biden’s potential replacement causes market pressure, while Clandeno (CLD) ICO gains attention. TL: DR Political uncertainties surrounding Joe Biden’s potential replacement and increased crypto supply from Mt. Gox repayments are causing market pressures on Dai (DAI) and Solana (SOL).  Dai struggles to maintain stability, depegs to $0.99 and Solana faces downward pressure.  Meanwhile,...

Ripple’s XRP managed to increase by a whopping 10% in the past 24 hours, pushing past the important $0.5 resistance and also leading the recovery of the broader altcoin sector. As CryptoPotato reported earlier, the entire industry is seeing an uptick, with Bitcoin’s price also increasing toward $59K. But why did XRP’s price suddenly shoot up? Let’s explore some of the possible reasons. Volatility Was Due to XRP’s Price Earlier in July, we reported that a historic pattern was...

DePIN, which stands for decentralized physical infrastructure, is one of the fastest-growing crypto narratives. It has reached notoriety due to its seamless integration of various technologies under one umbrella. This particular sector refers to protocols that use blockchain technology to support a global network of physical infrastructure maintained by participants providing the necessary computing resources. However, it is still a nascent category of projects, with many...

Transaction fees on the Bitcoin network have continued to decline months after its latest peak during the halving event. Data from IntoTheBlock shows that fees on the leading crypto network have decreased by 18% this week after dropping 27% from the previous one. The continuous decline has placed Bitcoin fees at their lowest since November 2023. Bitcoin Fees Are Declining Three months ago, Bitcoin recorded the highest transaction fees among all protocols, including Ethereum....

TL;DR Bitcoin’s price fluctuated between $54,000 and $60,000 in the last seven days, with predictions of a surge to $90,000-$100,000 based on factors like Ethereum ETFs launch and Germany’s BTC sales. However, some analysts warn of potential price drops due to various factors. What’s Next for BTC? The primary cryptocurrency experienced enhanced volatility in the past week, with its price ranging from $54,000 to almost $60,000. Currently, it trades at around $58,000 (per...

TL;DR Ripple’s XRP fell to around $0.44 after previously surpassing $0.70, with hopes for a price revival tied to the outcome of the SEC lawsuit. ChatGPT predicts that while a legal win for Ripple against the SEC could boost XRP, the asset would need additional boost to surpass ETH. Is It Possible? Ripple’s XRP experienced a significant price resurgence in mid-March, surpassing the $0.70 mark. Since then, though, it has been on a massive downfall, recently tumbling below the...

Bitcoin’s price headed south on Friday evening as it popped above $58,000 and has remained there since. The altcoins have also turned green, with XRP, ADA, DOT, BCH, and NEAR leading the pack from the larger caps. BTC Reclaims $58K The primary cryptocurrency had a violent end to the previous business week as it dumped hard on July 5 from over $58,500 to a multi-month low of under $54,000. The bulls intercepted the move during the weekend and drove BTC to $58,500 once again....

Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still highly concentrated, with Tether’s USDT at the forefront, its dominance has been eroding over the last two years. In fact, Kaiko’s latest data shows a decline in USDT market share. Tether (USDT) is Slowly Losing Market Share In 2024, USDT’s market share on...