Generative Data Intelligence

Tag: Redman

Stablecoin market records $2.4b in redemptions in 30 days as leading Tokens experience supply decline

By Jamie Redman According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins...

Top News

Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High – Bitcoin News

Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s...

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting – Economics Bitcoin News

Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting,...

Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion – Bitcoin News

In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed...

Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar   – Bitcoin News

EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency...

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks – Defi Bitcoin News

In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million....

Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause – Bitcoin News

Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for...

Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%

On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However,...

Grayscale Investments Files for 3 New Exchange Traded Funds

On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three...

Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline – Market Updates Bitcoin News

The lately launched meme token, impressed by Pepe the Frog and dubbed PEPE, skilled a 12% decline towards the U.S. greenback on Tuesday, plummeting...

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and...

Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’

Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the...

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a...

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?