Polygon’s MATIC Surges Past $1, Poised for Potential 70% Rally
Polygon (MATIC) has surged past the $1 level for the first time since May, outperforming the rest of the crypto market. This analysis suggests that MATIC could rally another 70% if it maintains its bullish momentum. However, there are also risks of a pullback if the support levels fail. Read on to learn more about […]
Anatoly Yakovenko: Solana is an Ethereum layer-2 through Wormhole
Solana creator Anatoly Yakovenko says that Solana is an Ethereum layer-2 solution through its Wormhole eigenlayer, which enables cross-chain interoperability and scalability. Solana also ends 2023 with a strong performance, overtaking XRP in market cap and recovering its SOL/ETH ratio. Solana, the high-performance blockchain that aims to rival Ethereum, has made a bold claim: it […]
Thunder Terminal Blocks $240K Hacker Ransom Demand Following Exploit
Thunder Terminal, an on-chain trading platform, was hit by an exploit that compromised 114 user wallets and stole $240,000 worth of crypto. The hacker demanded a ransom for the user data, but Thunder Terminal denied the claim and offered refunds and compensation to the affected users. Thunder Terminal, a platform that allows users to trade […]
Grayscale Adopts Cash Creation Model for Bitcoin ETF Bid
Grayscale, the largest crypto asset manager, has amended its filing to convert its Bitcoin trust into a spot ETF, opting for a cash creation model. The move comes as its parent company’s CEO steps down amid an SEC probe. Grayscale has made two significant moves in its quest to launch a spot Bitcoin ETF in […]
Bitcoin’s Price Gap in Korea Signals a Possible Market Top
Bitcoin is trading at a higher price in South Korea than in other markets, a phenomenon known as the Kimchi premium. This could indicate strong buying pressure from Korean retail investors but also a sign of an overheated market that may soon correct. The Kimchi premium is the difference between the price of Bitcoin on […]