In a significant move for the Ethereum ecosystem, the Eigen Foundation has committed to allocating 1% of its EIGEN token supply to the Protocol Guild. This decision underscores the Foundation’s intent to bolster research and development initiatives tailored to Ethereum Layer 1. By intertwining their mission with that of the Protocol Guild, Eigen aims to
Crypto
In a striking turn of events, Chainlink (LINK) has broken above the $29 threshold for the first time in 37 months, marking a pivotal moment for investors and enthusiasts alike. This significant increase in value—coupled with a robust 21% growth over the past week—positions LINK as one of the standout performers among alternative cryptocurrencies. Investors
In a remarkable evolution within the crypto ecosystem, Ethereum has solidified its position as the predominant blockchain for Tether’s USDT, surpassing its previous leader, Tron. This transition marks a pivotal moment for stablecoins, particularly in how they interact with decentralized finance (DeFi) and broader financial ecosystems. The implications of this shift extend beyond mere metrics,
Ethereum’s price action has been encapsulated within a critical trading range of $3,500 to $4,000, representing a key battleground for market participants. Recently, the cryptocurrency found support around the lower end of this range at $3,500. Following this, bullish sentiment sparked a renewed effort to approach the upper resistance level at $4,000. This price range
As decentralized finance (DeFi) continues to revolutionize the financial landscape, emerging projects are drawing both attention and investment. One such initiative is World Liberty Financial (WLFI), which stirred interest recently after a substantial acquisition valued at $12 million. Backed by high-profile endorsements, including that of President-elect Donald Trump, WLFI’s strategic undertakings may significantly influence its
Bitcoin, the flagship cryptocurrency, has recently captured attention with a remarkable ascent that has taken it from $68,000 to an astonishing peak above $100,000 within the span of just one month. Despite a minor setback for two days at the start of the week, this bull rally demonstrates significant strength and resilience. Such fluctuations are
Cryptocurrency, with its potential for high returns, continues to attract a wide array of investors, but it also draws the attention of malicious actors seeking to exploit the unsuspecting. Recently, a surge in sophisticated scams has emerged, characterized by attackers creating counterfeit social media accounts of well-known figures in the crypto space to deceive individuals
Bitcoin (BTC), the leading cryptocurrency, has recently experienced significant fluctuations that have captured the interest of investors and analysts alike. After facing a steep correction that saw its value dip below $94,500, Bitcoin demonstrated impressive resilience by rebounding to approximately $98,700. This recovery, though noteworthy, has raised questions about the sustainability of this upward momentum
Binance, the world’s largest cryptocurrency exchange by trading volume, has once again revisited its policy of delisting specific trading pairs. This time around, the exchange has chosen to remove PEPE, along with two other altcoins, from its trading platform. The decision, effective December 13, underlines Binance’s commitment to maintaining a robust and high-quality trading environment.
Bitcoin, the leading cryptocurrency, experienced another tumultuous day recently, characterized by sharp price fluctuations that echoed both the excitement and uncertainty of the digital asset marketplace. After a significant plunge that took its price down to under $94,400, Bitcoin demonstrated remarkable resilience, managing to recover to nearly $98,000 by the end of the trading day.