The crypto community has been divided over Stripe’s decision to launch its own layer-1 blockchain, with many asking why the payment firm didn’t just build on top of an already existing blockchain network. It came after Stripe CEO Patrick Collison said in an X post on Thursday that “existing blockchains are not optimized” to handle
Bitcoin’s (BTC) lack of short-term bullish drivers and worsening technical outlook has prompted one analyst to plan bids at lower price levels to capitalize on a potential market freakout. “I will leave bids at $94,0000 and $82,000 in case of a freakout,” Brent Donnelly, president of Spectra Markets, said in a market update. “If my
Polygon is a Layer 2 blockchain platform that scales Ethereum by processing transactions off-chain before committing checkpoints to Ethereum’s mainnet, enabling fast and low-cost transactions while maintaining security. The platform functions as a multi-chain ecosystem that addresses Ethereum’s scalability limitations through various technical approaches, including sidechains, plasma chains, and zero-knowledge rollups. What started as Matic
The bitcoin BTC$111,596.84 bull run has already stalled with ongoing sales from long-term holder wallets and a slowdown in ETF inflows. To make matters worse, another lesser-known but significant market variable appears to be turning against BTC bulls, signaling new challenges on the horizon. That market variable is the MOVE index, created by Harley Bassman,
Ark Invest, the New York-based investment firm led by Cathie Wood, has added more than 100,000 shares of Figma to its ARKW ETF, following a nearly 20% drop in the stock after the company’s first earnings report since going public. The disclosure came via the popular Ark Invest Tracker X account but has not yet
Bitcoin continues to tread water as traders await U.S. labor market figures on Friday, a key data point that could influence the Federal Reserve’s interest rate decision later this month. The crypto remains little changed on a 24-hour basis, having clawed back losses earlier in the day’s trading session. Bitcoin is hovering near $111,100, CoinGecko
CreataChain, a popular interoperability-centered blockchain, has partnered with Btok, a Web3-based social networking entity. The partnership aims to merge the comprehensive blockchain-based social network of Btok with the cutting-edge Lunar Link technology of CreataChain to redefine Web3 connectivity. As CreataChain revealed in its official announcement on social media, the development is set to strengthen consumers
The recent Bitcoin (BTC) price correction has sent ripples through the broader cryptocurrency market, pushing many assets into the red. On Tuesday, Bitcoin fell below $110,000, marking a 12% decline from its all-time high. Experts are now warning that the situation could worsen as October approaches. Crypto Market’s Imminent Downturn Market analyst OxPepesso took to