Latest News and Updates

Bloomberg, citing the heads of several cryptocurrency hedge funds, reports that such funds expect significant growth in altcoins and large tokens next year.

Coinbase CEO Brian Armstrong called cryptocurrencies the future of money, which is already here as the popularity of digital assets grows around the world, regardless of the position of governments.

Ripple President Monica Long shared her forecasts for how the cryptocurrency industry will develop next year: what awaits DeFi projects, and what are the prospects for blockchain.

Tether, the operator of the largest stablecoin USDT, plans significant investments in mining equipment and companies - investments will amount to $500 million in the next six months.

Developers from Lightning Labs have launched an alpha version of the main network of the Taproot Assets project. This is a protocol that allows the issuance of stablecoins and tokens based on Bitcoin and the Lightning Network.

According to CryptoSlam, on September 25, the daily volume of flush trading of non-fungible tokens on the Ethereum blockchain increased by 30%. The share of the indicator in the total NFT trading volume reached 50% and amounted to $4.7 million. Trading volumes for the most popular NFT collections, such as CryptoPunks and Bored Ape Yacht Club (BAYC), also increased.

Brevan Howard Digital, director of venture capital investment, said that the payment options of the USDT and USDC stablecoins will attract more users to the world of cryptocurrencies.

Jamie Coutts believes that despite the lack of clear regulations for stable cryptocurrencies in the US, they are in for a real boom. The analyst recalled that already in 2022, there was a significant growth in the stablecoin market: the total volume of payments in the first-level blockchains reached almost $6.9 trillion. However, since the beginning of 2023, this figure has decreased by 80%.

Employees of the blockchain data provider Santiment predict the imminent completion of the flat in the Ethereum (ETH) market.

A significant drop in the level of volatility of the Ethereum exchange rate reduced the interest of traders in the coin, and the number of publications about ETH decreased to a minimum. However, Santiment analysts do not see this as a problem and argue that altcoins often win when they are in the shadow of a bright competitor, which can now be called XRP.

The CEO of Real Vision, a former top manager of Goldman Sachs, suggested that in the near future, Bitcoin will show a bullish rally, and the main altcoins will follow.