Bitcoin Miners’ Income Dwindles as September Yields Lowest Fees of 2024
TL;DR September 2024 saw the lowest monthly revenue for Bitcoin miners this year, with earnings dropping to $815.7 million, a 4% decline from August. Reduced transaction fees
Crypto Market (Latest Publications)
Bitcoin Price Drops Sharply at Start of Historically Strong Month amid Middle East Tensions
TL;DR The beginning of October brought a surprising drop for Bitcoin (BTC), which lost 3.05%, trading at $61,671, while geopolitical tensions in the Middle East increase.
Ethereum Historically Lags Behind Bitcoin in October—But Optimism Rises for 2024
TL;DR October is historically a bullish month for Bitcoin, with an average increase of 22.9% over the past few years. Although Ethereum also tends to perform
Options Activity Spikes as BTC Gears Up for a Bullish October, According to Research
TL;DR Increased BTC Options Activity: Bitcoin options trading volume is surging as traders anticipate a bullish October, historically a favorable month for BTC. Strategic Positioning: Traders
EigenLayer Unlocks EIGEN Token: Market Opens with $7.1 Billion Valuation
TL;DR EigenLayer’s EIGEN token launched on major exchanges with a $7.1 billion fully diluted valuation (FDV), marking a significant milestone for the Ethereum restaking protocol. The
TON Blockchain Captures 50% of L1 Transactions in September Thanks to GameFi Success
TL;DR TON Blockchain Dominates: Captured over 50% of all Layer-1 transactions in September 2024, surpassing Ethereum and Avalanche. GameFi Ecosystem: Viral games like Hamster Kombat and
Ripple Secures UAE Regulatory License to Expand Its Reach Across the Middle East
TL;DR Ripple Receives Approval: Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services within the Dubai International Financial Centre
Crypto Inflows Reach $1.2 Billion Amid Positive Sentiment on Dovish Fed Policies
TL;DR Cryptocurrency investment products have accumulated inflows of $1.2 billion over three consecutive weeks. The approval of investment options in the U.S. improves market sentiment, despite
Santiment: Bitcoin’s Record High Could Be Distant as Market Greed Takes Over
TL;DR Market Sentiment: Santiment’s analysis indicates that Bitcoin’s high bullish sentiment (a 1.8 to 1 ratio of bullish to bearish posts) could lead to a market
Ripple Targets Tether’s Dominance with Aggressive RLUSD Minting – Is a Major Market Shift on the Horizon?
TL;DR Rapid Minting: Ripple Labs has minted 1.7 million RLUSD tokens in just two days, signaling an imminent launch of their USD-pegged stablecoin. Regulatory Approval: Ripple
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