Despite Polygon (MATIC) taking a cue from the rest of the cryptocurrency market in recording declines over the past few weeks, the Layer 2 blockchain that aims to help Ethereum (ETH) with its scalability has recently witnessed an uptick in the number of new addresses created daily on it. As it happens, the number of new MATIC addresses created on ...
In Belfast’s bustling commercial sector, a James-Bond-style vault has been opened by The Vaults Group, where clients may store fiat currency, precious metals, and even cryptocurrencies. Cutting-edge security and state-of-the-art technologies distinguish this location as Belfast’s first privately owned safe deposit box facility. Customers have full peace of mind and privacy thanks to the vaults’ 24-hour surveillance, seismic shock sensors, ...
After the long-anticipated upgrade that has allowed validators to withdraw their staked tokens, the Ethereum (ETH) network has recently surpassed a major milestone in deposit contract balance thanks to the soaring interest in staking. Indeed, users have deposited more than 4.4 million ETH since April 12, surpassing $40 billion in deposit contract balance following the Shanghai upgrade, according to the ...
After enduring a challenging and turbulent year in 2022, the cryptocurrency market, and notably Ethereum (ETH), has experienced a remarkable resurgence in 2023. Following a period of extensive market volatility, sharp declines, and lingering uncertainties, crypto prices have staged a powerful rebound, giving investors a much-needed sense of relief. Moreover, things could get even better for Ethereum, leading crypto analyst ...
As the sixth month of 2023 approaches, and the majority of the cryptocurrency market is either swimming in the sea of red or recording modest gains at best, some digital assets may have failed to grab the attention of crypto traders and investors over their low cost per unit. With this in mind, Finbold has analyzed the market to arrive ...
As the cryptocurrency market continues to trade sideways with seemingly not many surprises up its sleeve, the leading position among the most trending cryptocurrencies continues to belong to the internet meme-inspired digital asset Pepe (PEPE). Closely following Pepe in second and third place are Sui (SUI), the native token of the Layer 1 Sui network, and one of the most ...
In the rapidly-growing landscape of financial markets, investors often seek strategies that can protect their wealth and provide resilience during challenging times. One of the most crucial approaches to do this is through portfolio diversification – a practice that involves spreading investments across different asset classes and sectors. By diversifying, investors can effectively mitigate risks associated with downturns, inflation, and ...
As the cryptocurrency industry finds itself under a massive regulatory crackdown around the world, especially in the United States, an international association of 130 securities and futures watchdogs has revealed a set of standards and measures to control the space around the world. Indeed, the International Organization of Securities Commissions (IOSCO) has started a consultation process until the end of ...
Bemo has made the announcement that it has successfully launched the first liquid staking protocol on the TON blockchain in collaborarion with DWF Labs. In return for TON, Bemo user gets stTON tokens, which represent a portion of the pool of TON tokens staked using the Bemo application, according to the information from Bemo shared with Finbold. Notably, traditional staking ...
After dropping below $27,000, the price of Bitcoin (BTC) has successfully recovered and surpassed the significant price level once again. However, Bitcoin is encountering resistance in the vicinity of $27,600, and investors are eagerly anticipating a breakthrough above this level, which could trigger a rebound toward $29,000. Taking these factors into consideration, on May 23, Finbold consulted Price Predictions, a ...
