Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have…
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Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly…
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13…
$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark
As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over…
Grayscale Launches 2 New Crypto Trusts Focused on AI and Scalable Blockchain Tech
Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposure to…
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined…
July Slump for Bitcoin: What Historical Trends Reveal About Upcoming Months
Over the past 11 years, dating back to 2013, bitcoin has typically experienced positive performance in July, with five of those months seeing gains exceeding 16%. This year, however, July…
Marathon Digital Expands Mining Operations to Include Kaspa
Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company…
Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto
Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time…
Study: Ordinals and Runes Reach $1 Billion Market Cap
In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This…