🔍 CryptMarket Analysis — 17-09-18

Crypto markets exhibited cautious optimism as traders braced for the expected Fed rate cut, with Bitcoin and Ethereum prices remaining steady amidst anticipation of a 25bps reduction. ETF inflows have started to rebuild, suggesting revived institutional interest, even as spot demand and profit-ta... ... Read full CryptMarket Analysis — 17-09-18

Ethereum Mid-Sized Whales See Unrealized Profits Soar to 2021 ATH Levels

Ethereum Mid-Sized Whales See Unrealized Profits Soar to 2021 ATH Levels

Ethereum’s mid-sized whale cohort is sitting on massive paper gains, reaching levels not seen since the network’s last market peak almost four years ago.Analyst CryptoOnchain has shared data showing wallets with between 10,000 and 100,000 ETH seeing unrealized profits rise to cycle highs, a sign tha…

7 reasons why Bitcoin mining is a terrible business idea

7 reasons why Bitcoin mining is a terrible business idea

Bitcoin miners make an invaluable contribution to the security of the hardest money known to man, but its a risky and challenging way to make a buck.Between 5,000 and 10,000 Bitcoin miners operate across the world, ranging from solo miners to massive corporations. It takes an average of 12 years for…

BNB hits $1,000 for first time as altcoins outpace bitcoin after Fed rate cut

BNB hits $1,000 for first time as altcoins outpace bitcoin after Fed rate cut

Crypto markets held an upside post-FOMC footing on Thursday after the U.S. Federal Reserve cut interest rates by 25 basis points to a 4%–4.25% target range, with several large-cap altcoins outpacing bitcoin.Binance's BNB briefly crossed $1,000 for the first time on record before paring gains, accord…

Coinbase Delists Major Ethereum DeFi Token: Details

Coinbase Delists Major Ethereum DeFi Token: Details

Coinbase exchange has reordered its platform by delisting a major Ethereum decentralized finance (DeFi) token. As per an update on its official X handle, Coinbase said it has stopped all trading activity for MKR-PERP on its exchange.Coinbase ends trading for Maker perp contractNotably, MKR-PERP is t…

Solana’s Alpenglow upgrade could make it faster than Google: Here’s how

Solana’s Alpenglow upgrade could make it faster than Google: Here’s how

The boldest step yet Solana has always pitched itself as the blockchain for speed. With Alpenglow, it’s attempting a quantum leap.Validators have voted overwhelmingly in favor of the upgrade, with almost 99% support across the network. If successfully implemented, Alpenglow is expected to reduce t…

P2P.org becomes validator on $4T Canton Network

P2P.org becomes validator on $4T Canton Network

P2P.org has become a validator on the Canton Network, a blockchain platform for institutional finance that handles more than $4 trillion in tokenized assets. As a validator, P2P.org will operate nodes that verify and record transactions on the network. Launched in May 2023, Canton is a blockchain pl…