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Unsuccessful Attempt by GHO Stablecoin to Attain Dollar Parity Attracts Negative Comments, Bluechip Marks It with a D- The GHO stablecoin, covered by this blog just a few weeks ago for its significant achievement of reaching a valuation of $0.98, unfortunately failed to sustain its level of success and fell to $0.975 per coin onContinue reading “Bluechip Awards D Grade to GHO Stablecoin Amid Failing Dollar Peg Enforcement and Rising Criticism”

Bitmap Theory and Its Rapid Advancement Witness the explosive growth of Bitmap Theory, an initiative launched just a few seasons ago, it aims to fuse a digital world, popularly known as metaverse, into the Bitcoin blockchain. Leveraging Ordinal inscription technology, Bitmap facilitates people to secure ownership over sectors of the Bitcoin blockchain. Currently, Bitmap celebratesContinue reading “Unstoppable Growth of Bitmap Theory: Lead Innovator in Bitcoin Metaverse Achieves $235 Million Valuation”

The Unforgettable Triumph of the Grimace Community: A Multimillion-Dollar Defeat for MEXC Just before bidding adieu to the year, Grimace’s developer initiated a remarkable event, presenting the followers with millions worth of gifts, entirely funded by MEXC Exchange. This came as a result of MEXC, a renowned platform, moving against the Grimace user-base and bypassingContinue reading “Successful Grimace Community: MEXC’s Surrender Worth Millions of Dollars”

Bitcoin-based NFTs Display Upward Trend: A Week with $425M in Sales There are significant movements in the non-fungible token (NFT) marketplace revolving around tokens minted on the Bitcoin blockchain. In the past seven days, Bitcoin NFTs have generated a remarkable $425.63 million in sales. With this, NFT collections tied to Bitcoin have been dominating theContinue reading “Bitcoin NFT Sales Soar to $425M This Week: Hot Collections Ensure Solid Base Prices”

Unprecedented Growth Takes Bitcoin Blockchain Beyond Half-Terabyte Mark The remarkable resilience of Bitcoin continues to make headlines as its network sets new records. One of the most notable achievements of the year has been the expansion of the Bitcoin blockchain which now stands at more than half a terabyte (500 GB+) in size. This growthContinue reading “Expanding Bitcoin Blockchain Exceeds Half-Terabyte as Transactions Skyrocket and Block Capacity Boosts”

Cryptocurrency Analysis: Bitcoin’s Bullish Trends Clash with Upper Resistances In the world of cryptocurrency, Bitcoin is undeniably a giant. Its price, wavering around the $43,094 mark within the previous 24 hours, adds an exciting dynamism to the market. Its impressive 24-hour trading volume sits at $20.10 billion, indicating a strong flow of investment and transactions.Continue reading “Bitcoin Technical Analysis: Rising Trends Battle Upper Resistance Boundaries”

Speculations Surrounding Buterin’s Ethereum Transfer Worth $1 Million to Coinbase The exciting world of cryptocurrency never fails to produce its fair share of thrills and spills. The recent buzz in the cryptocurrency world has been around the Ethereum co-creator, Vitalik Buterin, who recently moved a cool half a thousand Ether (500 ETH) to none otherContinue reading “Speculation Ignites as Vitalik Buterin Moves $1 Million Ethereum to Coinbase”

Blackrock Conforms to the SEC’s Stance: Chooses Cash Creation for Bitcoin Spot ETF Global asset management leader, Blackrock, has recently decided to adhere to the U.S. Securities and Exchange Commission (SEC)’s preference for utilizing the cash creation model over the in-kind model concerning its spot Bitcoin (BTC) exchange-traded fund (ETF). This move showcases the company’sContinue reading “SEC’s Choice Triumphs: Blackrock Embraces Cash Model for Instant Bitcoin ETF”

Analysis of Ethereum’s Trading Performance Ethereum has been actively marking its dominance in the world of cryptocurrency with a notable price point of $2,250. The fluctuation observed within a 24-hour range from $2,151 to $2,271 speaks volumes about the intense market movement. Ethereum’s trading volume stands strong at $26.82 billion, while the market capitalization isContinue reading “Ethereum’s Strength Meets Oscillator Signals: A Deep-Dive Into ETH Technical Analysis”