As the cryptocurrency market heats up, 2024 is shaping up to be a year of substantial growth for several promising digital assets. While Bitcoin (BTC) continues to dominate headlines and lead the market, savvy investors know that the most significant…
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India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights…
UK Bill Recognizes Digital Assets as Personal Property Under New Law
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around…
Dogecoin Vs Shiba Inu Vs Pepe: How Do The Top Memecoins Compare In Investor Profits?
Here’s what on-chain data reveals regarding the profitability of the different segments of the Dogecoin, Shiba Inu, and Pepe investors. Dogecoin, Shiba Inu, & Pepe Compared In Terms Of Investor Profits In a new insight post, the on-chain analytics firm…
Ethereum Price Aims for Key Upside: Can Bulls Push Past $2,400?
Ethereum price is again rising and trading above $2,320. ETH must clear the $2,400 resistance to gain bullish momentum in the near term. Ethereum is attempting a recovery wave above the $2,320 zone. The price is trading above $2,350 and…
Bitcoin Vaults and the Future of Bitcoin Custody
Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per coin…
UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property
The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law would officially protect digital…
Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot
Boston, Massachusetts, September 11th, 2024, Chainwire Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding…
Dune Becomes the Most Comprehensive Onchain Data Hub for Polkadot’s 50+ Parachains
Boston, Mass, September 11th, 2024, Chainwire New Integration Expands Dune’s Coverage Across the Entire Polkadot Ecosystem, Delivering Unmatched Onchain Analytics Zurg, Switzerland, September 11th 2024 – Dune, the leading platform for onchain analytics, announces the integration of 50+ parachains from…
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693…