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Analyst Predicts Bullish Outlook for Ethereum

Analyst Predicts Bullish Outlook for Ethereum

Despite market corrections, Ethereum is displaying several bullish signals, indicating traders’ optimism towards the asset, writes CryptoQuant analyst EgyHash. Ethereum’s Silent Surge: Key Metrics Turn Bullish “These factors point to a persistent bullish outlook for Ethereum, as market participants appear ready to maintain, and potentially increase, their exposure to the asset.” – By @EgyHashX Link […]

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Cosmos Network Moves $27.7 Million in Bitcoin After Two-Year Dormancy

Cosmos Network Moves $27.7 Million in Bitcoin After Two-Year Dormancy

After two years of inactivity, the developers’ wallet of Cosmos Network transferred 295.3 BTC ($27.7 million), which were raised through an ICO in 2017. This is according to data from Arkham Intelligence. After nearly 2 years, Cosmos Network developers transferred 295.3 BTC ($27.7M) raised through an ICO in 2017. https://t.co/dPDd6vMAKB This year, they transferred/sold a […]

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Russia Imposes Mining Ban in Several Regions

Russia Imposes Mining Ban in Several Regions

The Russian government has approved a list of regions and territories where cryptocurrency mining and participation in mining pools will be prohibited from January 1, 2025, to March 15, 2031, as reported by TASS. The restrictions specifically affect Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, and Chechnya. Additionally, in certain areas of the Irkutsk region, Buryatia, […]

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Investment Advisers to Dominate Crypto ETFs by 2025, Says CF Benchmarks

Investment Advisers to Dominate Crypto ETFs by 2025, Says CF Benchmarks

By 2025, investment advisers plan to increase their holdings in Bitcoin and Ethereum-based ETFs to over 50%, according to experts at CF Benchmarks, as reported by CoinDesk. Since their inception, American spot cryptocurrency exchange-traded funds have attracted $36 billion in capital from various entities, analysts claim. The primary interest has come from hedge fund managers, […]

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KuCoin, Gate.io, and MEXC List EYWA Token

KuCoin, Gate.io, and MEXC List EYWA Token

On December 20, cryptocurrency exchanges KuCoin, Gate.io, and MEXC listed EYWA, the native token of the eponymous cross-chain protocol. The project team informed ForkLog of this development. EYWA is a cross-chain liquidity protocol aimed at addressing two issues in the DeFi ecosystem: bridge vulnerabilities and liquidity fragmentation. The project has raised $8.5 million from Fenbushi […]

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MicroStrategy Increases Bitcoin Holdings by $560 Million

MicroStrategy Increases Bitcoin Holdings by $560 Million

Between December 16 and 22, MicroStrategy acquired 5,262 BTC for approximately $561 million at an average price of about $106,662 per coin. MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of 12/22/2024, we hodl 444,262 $BTC acquired for ~$27.7 […]

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Developer Questions Long-term Popularity of AI Agents

Developer Questions Long-term Popularity of AI Agents

Contrary to popular belief, AI agents will cease to be the dominant narrative in the crypto industry within the next few months, according to a developer known as Kyle. This might be a hot take, but i genuinely think that there is a substantial chance that AI Agents will no longer be the dominant narrative […]

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Hawkish Fed Signals Dampen Inflows to Crypto Funds

Hawkish Fed Signals Dampen Inflows to Crypto Funds

Between December 15 and 21, cryptocurrency investment funds received $308 million, a sharp decline from the $3.2 billion the previous week, according to CoinShares. Data: CoinShares. The trend was overshadowed by the largest daily outflow since mid-2022, amounting to $576 million on December 19, following the Federal Reserve’s hawkish rate cut. At a press conference, […]

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Hype or a new standard? What Hyperliquid’s airdrop—history’s most generous—teaches us

Hype or a new standard? What Hyperliquid’s airdrop—history’s most generous—teaches us

In late November 2024 the decentralised exchange (DEX) Hyperliquid carried out a genesis airdrop of its native token, HYPE. Roughly 31% of the total supply went to community participants, allocated in proportion to points earned at an early stage. The giveaway was the largest on record, worth about ~$10.8bn at the token’s peak. Since then […]

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OpenAI Unveils New 'Thinking' AI Models o3

OpenAI Unveils New ‘Thinking’ AI Models o3

Concluding a 12-day event, OpenAI announced its most significant reveal—a new model focused on reasoning, o3. Today, we shared evals for an early version of the next model in our o-model reasoning series: OpenAI o3 pic.twitter.com/e4dQWdLbAD — OpenAI (@OpenAI) December 20, 2024 The neural network is the successor to o1. It sets “new standards of […]

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Expert Questions Wealth Effect of Token Purchases on Binance Alpha

Expert Questions Wealth Effect of Token Purchases on Binance Alpha

Of the 29 tokens added to the Binance Alpha platform, 17 increased in price, while 12 — declined. This data was provided by user sankin_eth. 2024-12-23 #BinanceAlpha 上线资产统计基于 Binance Web3 Wallet 的 Binance Alpha 在上周 3 天的时间分别分四批上线了 29 个代币（第四批时只上线了 9 个代币），过了一个周末，看看这些代币截至目前的市值表现如何？盈亏表现29… pic.twitter.com/rgV4AZ0mva — 做表人小郭 (@sankin_eth) December 23, 2024 In the sample, the maximum capitalization […]

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Telegram's Reserves Surpass $500 Million Excluding Cryptocurrencies

Telegram’s Reserves Surpass $500 Million Excluding Cryptocurrencies

By the end of 2024, Telegram’s total revenue exceeded $1 billion, marking its first profit since the start of monetization, according to the messenger’s founder, Pavel Durov. He noted that over the year, the number of Telegram Premium subscribers tripled, surpassing 12 million. Advertising revenues also showed growth. “We are closing the year with more […]

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