Why Is Bitcoin Price Declining?
Several factors, including a weighty macro week in the United States and geopolitical tensions in the Middle East, contributed to the over 3% decline in Bitcoin price today. In anticipation of a significant macroeconomic week in the United States and geopolitical tensions in the Middle East, investors engaged in panic selling, resulting in a more […]
NFT Sales Plummet to Lowest Monthly Volume Since 2021
NFT sales in September dropped to $296 million, down 20% from August and 81% from March’s $1.6 billion peak. Non-fungible token (NFT) sales resumed their downward trajectory in September, as digital collectibles’ monthly sales volumes failed to recover. The sales volume of non-fungible tokens in September was $296 million, according to data provided by CryptoSlam. […]
Bithumb Crypto Exchange Plans US Nasdaq Listing
Bithumb, South Korea’s second-largest cryptocurrency exchange, has announced its plans to list on the Nasdaq in the U.S. The cryptocurrency exchange Bithumb, which is the second largest in South Korea, has made an official announcement regarding its intentions to seek listing on the Nasdaq in the United States. The company’s shareholders held a temporary meeting […]
Onyx to Close Ethereum-Based Lending Market, Relaunch Onyx Core
Following a $3.8 million attack on a well-known security vulnerability, Onyx intends to relaunch its governance-focused financial network with full community support. After suffering a $3.8 million loss in a hack on September 27, which exploited a known but unaddressed security vulnerability, decentralized finance (DeFi) protocol Onyx gained community approval to relaunch its open-source, permissioned […]
Binance To List EigenLayer (EIGEN) After Coinbase
Binance recently revealed plans to list the ERC-20 token EigenLayer (EIGEN), following Coinbase’s lead. On Monday, crypto exchange Binance made an important announcement regarding the decentralized Ethereum restaking protocol, EigenLayer (EIGEN). The exchange revealed plans to list the digital asset on its platform, with trading set to begin soon. In addition, the positive outlook for […]