Although November has a big reputation in Bitcoin lore, the typical November is subdued, with the blockbuster average skewed by the 2013 moonshot. Cryptocurrency influencer Lark Davis called November the “strongest month” for Bitcoin, with an average increase of nearly 42%. CoinGlass’ Bitcoin monthly return heatmap shows that this number is true as an average…
Opinion: Morgan Krupetsky, VP of On-Chain Finance at Ava Labs Following the passage of the GENIUS Act, the next era of stablecoin use is being driven by a growing constellation of fintechs and neobanks who are integrating stablecoins into their product and service offerings and expanding into areas deemed economically or operationally infeasible with traditional…
Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure Bitcoin price struggles continued over the past week, reflecting the largely pessimistic sentiment in the digital asset market in October. On Wednesday, October 29, the premier cryptocurrency fell below the psychological $110,000 level despite the decision by the US…
Important points ZKSync’s ZK token rose more than 50% after Vitalik Buterin endorsed Ethereum’s message of incorruptibility. ZKsync recently launched an Atlas upgrade that increases speed, interoperability, and institutional-level scalability for payments and tokenized assets. Share this article ZKsync’s ZK token surged more than 50% on Saturday, rising from nearly $0.03 to $0.045 after Ethereum…
Maximum extractable value (MEV), the process by which miners and validators reorder transactions within a block to extract profit, is hindering financial institutions’ adoption of decentralized finance (DeFi) and harming individual users, according to Aditya Palepu, CEO of DEX Labs, the lead investor in decentralized crypto derivatives exchange DerivaDEX. Palepu told Cointelegraph that all electronic…
There’s been a lot of fuss lately about the idea that large-scale reasoning models (LRMs) can’t think. This is mainly due to a research article published by Apple. "illusion of thinking" Apple claims that LRM should not be able to think. Instead, it just performs pattern matching. The evidence they provided is that LRM with…
Solana (SOL) is currently priced at around $186 after seeing some pretty wild price action last week. Major altcoins exhibited significantly volatile price movements, with bearish sentiment prevailing, resulting in a net loss of 4.37%. Interestingly, popular expert Ali Martinez highlights the key price levels that will attract the attention of Solana investors amid the…
Germany’s right-wing opposition party Alternative for Germany (AfD) has proposed that the country should create a national Bitcoin reserve, saying that doing so would make Europe’s largest economy one of the first major countries to hold the rare digital asset as part of its official reserves. The AfD party’s proposal, submitted to parliament in late…
Important points: Bitcoin’s October performance was its worst since 2018 as traders became cautious about the outlook. Despite macro tailwinds, ETF outflows are returning as derivatives traders hedge their risks. Bollinger Bands data suggests that BTC price volatility will recover significantly. Bitcoin (BTC) traded at around $110,000 on Saturday as traders remained bearish after the…
Bitcoin price has rebounded slightly to $109,600 after falling to $106,000 yesterday, ending a tumultuous October for Bitcoin. Traders are now cautiously optimistic as the market moves from a failed Uptober rally to a historically strong November. Bitcoin fell more than 3% yesterday on renewed risk-off sentiment sparked by Federal Reserve Chairman Jerome Powell’s hawkish…
