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December 5, 2024
Explore the impact of token burning and how this process influences cryptocurrency scarcity, its value and the project’s long-term growt Token burning refers to the process in which a certain amount of cryptocurrency is intentionally removed from circulation, reducing the total supply of available tokens. Imagine a popular restaurant that takes some tables out of...
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Bitcoin has plenty of room left to run, even as BTC price action enters six-figure territory, CryptoQuant said. Bitcoin became a $2 trillion asset, the world’s seventh-largest, after crossing $100,000 for the first time. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView confirmed that the current Bitcoin (BTC) price of $102,800 equals...
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Emurgo’s global head of business development, Amarpreet Singh, told Cointelegraph that all roads lead to interoperability. An Emurgo executive says Blockchain networks must embrace interoperability to thrive. At India Blockchain Week 2024, Cointelegraph’s Arijit Sarkar spoke with Emurgo’s global head of business development, Amarpreet Singh, who highlighted the necessity of interconnected blockchain systems and stablecoins...
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Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Bitcoin has recorded a historic milestone by smashing the $100,000 price mark on Dec. 5, but the cryptocurrency is still in the “early innings,” according to the ARK...
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For companies like MicroStrategy, convertible senior notes provide low-interest financing and flexible capital without diluting shareholders. Convertible senior notes are hybrid debt instruments companies use to raise capital without immediate dilution while giving investors the opportunity to convert debt into equity under favorable conditions.  To simplify, a convertible senior note is a type of debt...
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The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.” The United States Commodity Futures Trading Commission (CFTC) has announced a record-breaking $17.1 billion in monetary relief for fiscal year 2024, largely driven by enforcement actions involving cryptocurrency cases. The record monetary...
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A trader gets a 120x return 30 minutes after purchasing Sotheby’s executive Michael Bouhanna’s second memecoin token, “VOID.” A second Solana memecoin created by the vice president of the Sotheby’s auction house enabled a trader to cash in $1 million in crypto in just 30 minutes. On Dec. 4, Michael Bouhanna teased another art-themed memecoin...
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XRP is down today, wiping out most of the gains made in December against Bitcoin, despite BTC price hitting $100,000. XRP (XRP) is down 13% in the last 24 hours to trade at $2.30 on Dec. 5., going in the opposite direction with Bitcoin (BTC), which has finally smashed through the $100,000 level.  The decline...
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NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast. In episode 65 of the Hashing It Out podcast, Jana Bertram, Head of Strategy at RARI Foundation, explores the state of non-fungible tokens...
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India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives. A massive startup network supported by global investments and local adoption has positioned India to spearhead Web3 innovations, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across the finance,...
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