Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Shiba Inu (SHIB) Cryptocurrency Faces On-Chain Stagnation: Only 1 Trillion SHIB Moved in 24 Hours Shiba Inu (SHIB), once a meme-fueled sensation, is now showing signs of on-chain stagnation, with only 1 trillion SHIB transferred in the last 24 hours. This situation raises concerns about the future of this cryptocurrency and the broader market dynamics […]
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Gate.io Introduces GORK Perpetual Contracts with Up to 20x Leverage Gate.io, a prominent cryptocurrency exchange, has launched GORK perpetual contracts with leverage options up to 20x, aiming to meet the growing demand for high-leverage trading in the volatile crypto market. Gate.io launches GORK perpetual contracts Up to 20x leverage available GORK linked to the Gork […]
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Trump Embraces Temporary Recession for Cryptocurrency and Blockchain Integration In a recent interview highlighted by BlockBeats News, former U.S. President Donald Trump has expressed his readiness to embrace a temporary economic slowdown as part of the country’s transition toward integrating cryptocurrencies and blockchain technology into its financial system. This pragmatic stance signifies a notable shift […]
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PepeX vs Shiba Inu: The Better Bet in 2025? Can a new meme coin outshine the beloved Shiba Inu by 2025? As the crypto market steadies itself, two meme coins are charting different paths. SHIB faces bearish indicators and declining interest. PepeX gains traction with a focus on security and transparency. Market Overview The cryptocurrency […]
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Bitcoin Dominance Soars to 4-Year High Amid US Job Market Shifts – Bitcoin dominance hits 64.94%, a 4-year high – US job market shows resilience, exceeding job growth expectations – Bitcoin seen as a hedge against economic uncertainty – Altcoins lose market share as Bitcoin’s dominance grows Bitcoin’s market dominance has surged to a four-year […]
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Fidelity’s Jurrien Timmer Predicts Bitcoin Will Soon Outshine Gold in Investor Preference Is Bitcoin set to dethrone gold as the ultimate investment choice? Fidelity’s Jurrien Timmer thinks so. In a bold prediction that’s stirring the investment world, Timmer suggests that Bitcoin might soon “take the lead” from gold. This forecast comes amidst shifting investor sentiments […]
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Criminal Groups Favor Crypto for Efficiency, Not Anonymity Organized crime groups are increasingly using cryptocurrencies for their efficiency and speed, rather than for the perceived anonymity they offer, according to a recent Chainalysis blog post. This trend is particularly evident among Mexican cartels using crypto to pay for fentanyl precursors, highlighting both the benefits and […]
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Thumzup Media Aims to Boost Bitcoin Holdings with $200M Fundraise Thumzup Media Corporation, a Los Angeles-based SaaS (Software as a Service) company, is making a bold move in the cryptocurrency space by filing to raise up to $200 million. The funds are primarily earmarked for purchasing more Bitcoin, signaling the company’s strong belief in the […]
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BITCOIN Act: A Bold Move to Slash U.S. Debt with Digital Assets Senator Cynthia Lummis (R-WY) has introduced the BITCOIN Act, a groundbreaking legislative proposal aimed at establishing a federal Bitcoin reserve to tackle the U.S.’s $36 trillion national debt and position the country as a leader in digital asset technology. Senator Lummis and Congressman […]
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Tether Plans New US Dollar-Pegged Stablecoin Amid Rebranding Efforts Tether, once a shadowy player in the crypto world, is boldly stepping into the US market with a new dollar-pegged stablecoin. This move is part of a broader strategy to reshape its image, distancing itself from past associations with criminal activities and towards a cooperative stance […]
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