Cryptocurrency

Uniswap Launches Unichain: Enhanced Layer-2 Blockchain for Rapid DeFi Trading

Uniswap Labs revealed on October 10th that Uniswap, the prominent decentralized exchange (DEX), has unveiled its own application-specific layer-2 blockchain network named Unichain. This innovative network, currently in the testing phase, is designed to offer accelerated and cost-effective transaction processing, along with advanced interoperability capabilities across various blockchain networks, as stated by Uniswap. As of…

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Coins, wallets & tokens

US Supreme Court Declines Review of $4.38 Billion Bitcoin Case from Silk Road Seizure

The United States Supreme Court has declined to review a case concerning the ownership of 69,370 Bitcoins, worth approximately $4.38 billion at current market value. These Bitcoins were seized by the US government from the illicit online marketplace Silk Road, which operated on the dark web. Battle Born Investments, a company claiming to have obtained…

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Coins, wallets & tokens

Bitcoin Faces Key Resistance at $68K Amid $1B Short Liquidation Potential

Around 75% of short-term Bitcoin investors are currently experiencing a profit, a situation that could potentially drive Bitcoin’s price even higher. The recent dramatic increase in the value of Bitcoin has been a source of great relief for short-term holders. This group had experienced a substantial decline in the value of their holdings, with over…

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Coins, wallets & tokens

Cryptocurrency Market Dynamics: Fluctuations, Bitcoin Movements, and PvP Insights

Over the past few months, the cryptocurrency market has been marked by substantial fluctuations and uncertainty. Despite a recent increase, the market capitalization remains 14% below its peak in March. In June, the total market capitalization experienced a significant 11.4% downturn, described as “brutal” in a report by Binance Research. This decline coincided with the…

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Coins, wallets & tokens

TON Foundation’s Secure Bitcoin Bridge Enhances Blockchain Interoperability

Jack Booth, who serves as the marketing director for The Open Network (TON) Foundation, shared insights on the measures being implemented to secure TON’s Bitcoin bridge. This bridge will provide users with the capability to transfer their Bitcoin assets to TON, ensuring a seamless and secure transition. The TON Foundation made a significant announcement on…

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Coins, wallets & tokens

Crypto Investment Inflows Surge, Hinting at Market Recovery

The inflows into digital asset investment products have set a remarkable new record, exceeding $17.8 billion year-to-date (YTD). This surge in investment suggests the potential beginning of a recovery in the cryptocurrency market. Notably, the recent record-breaking figure follows a substantial influx of $1.44 billion into cryptocurrency investment products in the last week. Based on…

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