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Crypto Market News
SVET Markets Weekly Update (January 02–05, 2024) | by SVET | Coinmonks | Jan, 2024
On Week 1, the Nasdaq and S&P closed 1.8% and 3.8% lower, respectively, while the Dow Jones was down 0.7%. Meanwhile, BTC initially rose sharply, breaking the 45K barrier, but later stumbled due…
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Disconnecting Blockchain: How Sidechains Are Revolutionizing Scalability and Functionality
The emergence of blockchain technology has brought about a paradigm shift in trust and transparency across various industries. However, limitations in scalability, transaction fees, and computational…
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Ethereum whales accumulate over $1 billion of ETH.
Whales have purchased significant amounts of Ethereum, sparking interest and speculation. These significant whale purchases have driven up the price and demand for Ethereum.Continue reading: Ethereum…
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Blackrock plans layoffs ahead of Bitcoin ETF approval.
BlackRock, the world's largest money management company, reportedly plans to announce layoffs for a total of 600 people, or about 3% of its global workforce.
The decision comes as BlackRock awaits…
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What is an Ethereum Layer-2 (L2) solution?
Ethereum, the main blockchain for Web3 development, has seen rapid growth as the number of Web3 participants increases. This surge was due to Ethereum's scalability issues, which caused processing…
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Understand the impact of inflation and deflation token models on market liquidity
Understanding Inflation Tokens:
Inflation tokens designed for everyday trading often boast ample supply, minimizing the risk of low market liquidity. The value of these tokens experiences a…
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Indian cryptocurrency exchanges witness surge in deposits and user activity
Cryptocurrency exchanges in India have seen an increase in deposits and user activity. CoinDCX reports a 2000% increase in cryptocurrency deposits following FIU's action.Continue Reading:Indian…
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An unidentified wallet sent $1.2 million in BTC to Satoshi Nakamoto.
An unidentified individual began trading on January 5, depositing 26.9 BTC, worth approximately $1.19 million, into the Genesis wallet. The Genesis wallet is the first wallet created on the Bitcoin…
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How US stocks survived a rollercoaster week | Nauris Treigys | Coins | January 2024
U.S. stock markets ended the week flat on Friday after facing a barrage of economic data that sparked volatility. Investors had to digest a variety of signals, from strong job creation and wage…
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The Power and Challenges of Turing Completeness in Blockchain Technology
Blockchain technology has made significant advancements in recent years, and one of the important features that distinguishes various blockchain platforms is their Turing Complete functionality.…
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