Tron Network posts record $577M revenue in Q3
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market.
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Analysts say Bitcoin price pullback and profit-taking at $50K ‘was expected’
The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price of Bitcoin slid to a…

MetaMask Updates User License, Some Users Need to Pay Fee
Nothing in life is free. 1438 Total views 23 Total shares MetaMask announced it had made updates to its products' use license.The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge…


Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers.Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before.New or old, Bitcoin hodlers nurse serious lossesSince the FTX meltdown sent crypto markets tumbling, BTC/USD has failed to recover.…

Blockchain Policy Development in China Concentrated in Three Cities
Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7.The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within the…

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days.Total crypto market cap, USD billion. Source: TradingViewIn terms of performance, the aggregate…

Major Thai bank experimenting with decentralized finance
Kasikornbank has identified asset-backed DeFi as having the potential to create economic value for Thailand. 2433 Total views 14 Total shares Kasikornbank, or KBank, one of Thailand’s largest banks has begun experimenting with DeFi services as part of its business expansion plan.According to a report by Bangkok Post, the bank’s DeFi exploration is being spearheaded…

Coinbase stock looks to find its footing at $350 following explosive open
COIN stock has surged after debuting on the Nasdaq exchange Wednesday. 5539 Total views 16 Total shares Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock. The $381 value put Coinbase’s market capitalization at $99.6 billion on…