Author: News Room

The Graph, a decentralized indexing system that acts like a Google for blockchains, has unveiled a data standard for Web3. Called GRC-20, the standard will define how information is structured, distributed, and linked between decentralized applications, according to The Graph website in a blog post accompanying a proposal from developer Yaniv TAL to improve The Graph. The GRC-20 proposal builds on the concept of knowledge graphs, which Tal introduced in June. “Knowledge is created when information is linked and labeled to attain a higher level of understanding,” the blog explains, with knowledge graphs capturing the connections and relationships between pieces…

The enigmatic Shiba Inu lead Shytoshi Kusama shares a response to investors asking him to propel a massive price spike for SHIB. Shiba Inu has been unusually calm since its previous rally earlier this month, which saw it surge to $0.00003031. However, the token could not continue its uptrend as it recently plunged below the $0.000025 level. Investors Desire Substantial Rally for SHIB Amid Ongoing Market Uptrend With other crypto assets, particularly Bitcoin, witnessing significant price spikes, several SHIB investors have been urging the team behind the Shiba Inu ecosystem to make efforts that could lead to a substantial rally…

Ethereum’s derivatives market may be signaling bullish momentum today, with futures open interest rising by over 12% to reach an all-time high of $20.8 billion. Ethereum Futures Open Interest Surpasses $20 Billion, Reaching All-Time High: This follows a 7% price increase in the last 24 hours that took Ethereum to $3,365. Open interest, which measures the total number of contracts outstanding in a derivatives market, has reached unprecedented levels for Ethereum, with analysts attributing the increase to growing bullish sentiment among derivatives traders. According to a CryptoQuant report, the Ethereum OI-weighted futures funding rate has risen multiple times over the…

Coinbase, the largest cryptocurrency exchange in the United States, has been drawing attention with its listings in recent days. At this point, Coinbase, which has increased its listing speed in recent days, continues to list many expected altcoins. While the most notable of these is Floki Inu (FLOKI), Coinbase announced that it wants to list more memecoins in the coming days. Speaking to Bloomberg, Coinbase global policy chief Tom Duff Gordon said that they plan to list more smaller tokens, including memecoins. Stating that they expect more positive developments in the cryptocurrency market with Trump’s re-election, Gordon said, “Coinbase will…

Solana (SOL) price has surged 16.96% in the last seven days and is now very close to reaching a new all-time high. The recent rally has positioned SOL just under 3% from its previous ATH, signaling strong bullish sentiment in the market. However, indicators like BBTrend and ADX suggest that the current uptrend is losing some momentum, raising caution for potential consolidation or a pullback. SOL BBTrend Is Still Positive Solana currently has a BBTrend of 9.56, marking a sustained positive trend since November 18. While it remains in bullish territory, the value is down from its monthly high of…

Gary Gensler, who took the helm of the U.S. Securities and Exchange Commission (SEC) in April 2021, has been one of the most polarizing figures in financial regulation in recent years. His tenure has been marked by bold reforms, fierce debates, and an unrelenting focus on cryptocurrencies. While he has won praise for his efforts to modernize financial markets and protect investors, his approach to regulating the crypto sector has drawn sharp criticism. This comes amid recent speculation about his resignation. A Legacy of Modernizing Financial Regulation From the outset, Gensler aimed to bring sweeping changes to the SEC, focusing…

On Thursday, Bitcoin mining giant MARA Holdings (NASDAQ: MARA) announced that it had successfully closed a $1 billion convertible senior notes offering on November 20, 2024. The offering includes an additional $150 million in notes issued when initial purchasers exercised their full 13-day option on November 19. The zero-interest convertible senior notes, maturing March 1, 2030, were sold privately to qualified institutional buyers under Rule 144A of the Securities Act. After deducting purchasers’ discounts and commissions, MARA netted approximately $980 million from the sale. The company has outlined specific plans for the proceeds, allocating $199 million to repurchase $212 million…

Crypto investor Raoul Pal has shared a bullish outlook for Solana (SOL), suggesting the altcoin could see further gains despite recently reaching a new all-time high. His prediction coincides with two new ETF filings featuring SOL, which could increase the cryptocurrency’s demand and visibility in mainstream markets. For investors, this forecast aligns with Solana’s expanding ecosystem and growth. The key question remains: How high can SOL rise before hitting the ceiling of this bull cycle? Pal Expects Solana to Continue Climbing Pal’s comment after SOL’s price climbed above its previous peak of $260. According to the investor, who is also…

Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem. Sui and Franklin Templeton Forge Blockchain Development Alliance As a layer-one (L1) blockchain, Sui’s latest collaboration with Franklin Templeton highlights the growing interest of established financial institutions in exploring the potential of […] Read the full article here

A widely followed cryptocurrency analyst and trader is turning bullish on one red-hot large-cap altcoin. The analyst pseudonymously known as Bluntz tells his 296,200 followers on social media platform X that memecoin Pepe (PEPE) could soar more than 35% from its current value. The trader says the Pepe appears to have printed a local bottom after completing an ABC corrective wave on the one-hour chart. He uses Elliott Wave theory, which states that a bullish asset often witnesses a fresh leg up after a three-part ABC correction. “Daily reminder that Pepe is going to turbo send. Raise your targets.” Looking…