Solana-Based PYUSD Stablecoin Grows to $240M, Yet Still a Small Market Share
TL;DR Explosive Growth on Solana: PayPal’s PYUSD stablecoin has seen remarkable growth on the Solana blockchain since its May launch. However, it still holds a relatively
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Why is Bitcoin and the Rest of the Crypto Market Falling? Here Are the Main Reasons
TL;DR US Political Climate and Crypto Market Price Pressure: The approval of spot Bitcoin ETFs initially boosted Bitcoin’s price in the US. However, recent political developments,
BlackRock Rejects Solana ETF, Citing Low Demand and Technical Issues
TL;DR BlackRock’s Decision: BlackRock, a major issuer of Bitcoin and Ethereum ETFs, has definitively ruled out launching a Solana ETF in the near future. Despite Solana’s
July NFT Sales Crash to Near Record Lows – Is the Bubble About to Burst?
TL;DR July NFT Sales Plummet: Non-fungible tokens (NFTs) hit near-record lows in July, with a monthly volume of just $393 million. Daily NFT volumes dipped below $14
Can Bitcoin Reach a New ATH This Week? BTC About to Break the $70K Barrier
TL;DR Post-Halving Rally: Bitcoin surged to a seven-week high of $69,775, nearing its all-time record. The recent halving event, which reduces supply, typically impacts prices around
Ethereum at Risk? Vitalik Buterin Addresses Centralization Concerns
TL;DR The Controversy: Ethereum founder Vitalik Buterin responds to allegations of centralization made by Péter Szilágyi, an Ethereum team lead. Szilágyi criticized the network’s direction, particularly upcoming
Compound Finance Faces Governance Scandal: $24 Million in COMP Tokens Allocated Amid Controversy
TL;DR Golden Boys and Governance Controversy: Compound Finance, a decentralized lending and borrowing protocol, is embroiled in a governance scandal. The “Golden Boys” group is at the
Bitcoin (BTC) Inflows Surge to $3.6 Billion in July While Ethereum ETFs See Massive $2.2 Billion Surge
TL;DR Ethereum ETFs Attract Record Inflows: The recent launch of spot-based Ether exchange-traded funds (ETFs) has led to substantial inflows, making it one of the largest asset
The Open Network’s Toncoin (TON) 2024-2030 Price Prediction
TL;DR Toncoin (TON) is a digital currency designed for fast transactions within a multichain ecosystem. Created by the Durov siblings in 2018, it supports non-custodial wallets,
Sui Network Unveils Mysticeti Upgrade: 80% Faster Consensus, 400ms Latency
TL;DR Mysticeti Unveiled: Lightning-Fast Consensus: Sui Network has introduced Mysticeti, a major upgrade aimed at revolutionizing consensus performance. Mysticeti achieves an impressive 80% reduction in consensus
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