Author: coinadrenaline
AAVE’s Open Interest surge suggests increased engagement and potential breakout. Rising active addresses signal growing network activity and support for upward movement. Aave [AAVE] is currently showing strong signs of a potential reversal after bouncing from its accumulation zone. At press time, the price was $267.39, up by 5.07% over the past 24 hours. With the asset continuing to build momentum, traders are closely monitoring the situation to see whether AAVE can break free from its consolidation phase and continue upward. AAVE Open Interest surge: What does it imply? Open interest is a crucial metric for gauging market sentiment, and…
What if every click you made online cost just a fraction of a penny? What if your favorite news site, your go-to streaming service, or even your daily email usage could be paid for at tiny increments, rather than one big chunk at the end of the month? This vision—where nearly every digital interaction could be monetized by “micropayments”—has hovered over the internet economy since its earliest days. But as Nick Szabo’s seminal 1999 paper, Micropayments and Mental Transaction Costs, pointed out, there’s a lot more than technology standing in the way.Twenty-five years on, Szabo’s warnings about mental transaction costs—the…
The percentage of Ethereum (ETH) supply staked on the network has dropped to 27.6%, a level last seen in July 2024. This decline has raised questions about Ethereum’s long-term appeal among investors and whether staking remains a preferred option. Staked Ethereum Percentage Drops From November Peak According to data from Dune Analytics, the proportion of ETH staked on the network has declined to 27.6%, a pullback from its peak of 29% recorded in November 2024. At press time, a total of 33.5 million ETH is staked on the Ethereum network. Ethereum staking was introduced alongside the launch of the Beacon…
Ripple chief executive Brad Garlinghouse endorses the diversity in digital asset reserve stipulated in President Donald Trump’s executive order signed on Thursday, Jan. 23. Key Highlights Brad Garlinghouse welcomes crypto diversity in the digital asset reserve. National digital asset stockpile is now a reality as the Trump administration heightens efforts towards its creation in the US. The crypto prediction platform Polymarket allocates 19% odds of BTC reserve within a 100-day timeframe. Bitcoin maximalists challenge the inclusion of multiple cryptos in potential reserves as eroding the original idea. Ripple Labs chief Brad Garlinghouse waded into the debate on the Trump-led…
XRP trades at $2.72 on Feb. 16, 2025, consolidating near resistance as traders weigh bullish momentum against fading volume signals. XRP The 1-hour XRP/USDC chart for Binance shows a recent high of $2.837 followed by consolidation, with lower highs suggesting weakening upward momentum. Immediate support rests at $2.70; a breach could trigger a drop toward […]
Este artículo también está disponible en español. Ethereum price action amid the broader crypto market bearish sentiment over recent weeks hasn’t been any different from the performance recorded in the past months. Over this period, Ethereum’s price has struggled to gain significant upward momentum, remaining in a prolonged consolidation phase. Amid this, a recent analysis by CryptoQuant contributor MAC_D has shed light on Ethereum’s current state and factors that may influence its future price trajectory. The analysis notes that Ethereum’s “ultrasound money” narrative—an idea tied to its post-Merge deflationary tokenomics—has faced challenges. Total supply has reached record highs, and the…
Top Crypto Coins to Invest: Arctic Pablo Coin, Celestia, and Terra Classic No Result View All Result
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
The US Securities and Exchange Commission’s (SEC) Crypto Task Force met with industry representatives on Feb. 5 to explore potentially including staking in crypto exchange-traded products (ETPs).Jito Labs CEO Lucas Bruder and chief legal officer Rebecca Rettig attended the meeting, along with Multicoin Capital managing partner Kyle Samani and general counsel Greg Xethalis. According to an SEC filing, the companies argued that staking is intrinsic to proof-of-stake (PoS) blockchain networks such as Ethereum (ETH) and Solana (SOL).Staking allows network validators to lock up native assets — such as ETH or SOL — to participate in the network’s consensus mechanism. As rewards,…
Bitcoin’s evolution from an obscure digital currency to a global financial force has been nothing short of extraordinary. As Bitcoin enters a new era, institutions, governments, and developers are working to unlock its full potential. Matt Crosby, Bitcoin Magazine Pro’s lead market analyst, sat down with Rich Rines, contributor at Core DAO, to discuss Bitcoin’s next phase of growth, the rise of Bitcoin DeFi, and its potential as a global reserve asset. Watch the full interview here: The Future Of Bitcoin – Featuring Rich Rines Bitcoin’s Evolution & Institutional AdoptionRich Rines has been in the Bitcoin space since 2013, having…