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Home2024October

Month: October 2024

Kraken Launches kBTC: Bitcoin-Backed Token for Ethereum and OP Mainnet
Bitcoin

Kraken Launches kBTC: Bitcoin-Backed Token for Ethereum and OP Mainnet

October 20, 2024 CryptoExpert

TLDR: Kraken launched kBTC, a fully backed 1:1 Bitcoin ERC-20 token kBTC is compatible with Ethereum and OP Mainnet networks Reserves are held by Kraken Financial, a Wyoming-chartered SPDI On-chain verification of reserves is available […]

Ethereum
Ethereum

Ethereum’s Next Move: Breaking $2,700 or Falling Back?

October 20, 2024 CryptoExpert

TLDR Ethereum (ETH) reclaimed $2,500 support, rising 8.6% in 7 days $2,700 is the next crucial resistance level for ETH Analysts predict ETH could reach $3,500 if it breaks out ETH/BTC chart suggests altcoins are […]

Jamie Crawley
Cryptocurrency

BTC Flirts With $68K Amid ETF Inflows

October 20, 2024 CryptoExpert

Bitcoin made another attempt to establish a foothold above $68,000 early in the European morning before pulling back and trading around $67,800. BTC has gained about 1.35% in the last 24 hours, outperforming the broader […]

Bitcoin Holds Above $67K as Ethereum ETFs Set to Launch
Bitcoin

Is Bitcoin (BTC) Primed for a Massive Leap? Technical Signs Say Yes

October 19, 2024 CryptoExpert

TLDR: Bitcoin price holding above $67,000 resistance zone Technical indicators suggest potential for further gains Trump presidency prospect providing momentum for crypto assets Historical patterns indicate possible 60%+ rally for Bitcoin Analyst Henrik Zeberg identifies […]

Vitalik Buterin Profile
Ethereum

Vitalik Buterin Outlines Ethereum’s Next Phase of Development

October 19, 2024 CryptoExpert

TLDR Vitalik Buterin outlined plans for Ethereum’s next phase called “The Surge” The goal is to increase transaction capacity to over 100,000 per second Focus on layer-2 scaling solutions while maintaining decentralization No specific timeline […]

Search CoinDesk
Cryptocurrency

The Promise of Trustless Environmental Monitoring

October 19, 2024 CryptoExpert

Additional applications extend far beyond methane detection. The system can be adapted to monitor air quality in urban areas, water quality in rivers and lakes, and identify deforestation hotspots. By incorporating a more horizontal protocol […]

DeFi Leader Lido Finance Introduces stETH on Optimism Network
Ethereum

DeFi Leader Lido Finance Introduces stETH on Optimism Network

October 18, 2024 CryptoExpert

TLDR Lido Finance expands to Optimism, allowing stETH deployment on the layer-2 solution Users can benefit from daily staking rewards and multichain opportunities Lido Finance is pursuing a multichain strategy, offering stETH on multiple layer-2 […]

Schematic illustrating how IoTeX's Modular Security Pool works in conjunction with its DePin Infrastructure Modules (DIMs), designed to reduce development time and initial costs for DePIN applications (IoTeX)
Cryptocurrency

Drop Protocol, Liquid Staking Protocol on Neutron (in Cosmos Ecosystem), Closes $4M Seed Round

October 18, 2024 CryptoExpert

Dynex, a layer-1 blockchain for decentralized quantum computing, powered by a decentralized GPU network, has unveiled what it describes as an “ambitious 10-year roadmap to transition from GPU-based quantum emulation to silicon quantum chips, aiming […]

Orbitt: Revolutionizing Trading & Project Development on Solana With AI
Weekly Overview

Orbitt: Revolutionizing Trading & Project Development on Solana With AI

October 17, 2024 CryptoExpert

Navigating the cryptocurrency space can feel like walking through a minefield of complexity, volatility, and disinformation, especially in rapidly expanding ecosystems like the Solana blockchain. Both traders and developers face an uphill battle to keep […]

U.S. Bitcoin ETFs Accumulate $390.7 Million Over Four Days
Bitcoin

Bitcoin ETFs Attract $1 Billion in Three Days as Bitcoin Price Surges

October 17, 2024 CryptoExpert

TLDR US spot Bitcoin ETFs saw over $1 billion in net inflows in three days Fidelity and BlackRock led with combined inflows of about $760 million Monday saw the highest inflows since early June at […]

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Blockonomics is a decentralized and permissionless bitcoin payment solution
  • Bitcoin Price Heads Lower as Apple Earnings, US Midterms Weigh on Stocks
  • Ethereum Foundation Sells $6.42M in ETH as Price Tests $2,300 Support
  • FATF Targets Crypto Hubs in Money Laundering Review
  • Bitcoin Price Outlook This Week: What to Expect Ahead of U.S. Midterms
  • Ethereum Price Prediction: Will ETH Crash Below $2,250 as Funding Rates Sink?
  • THORChain Bug Halts Swaps Across 10 Networks
  • Anchorpoint Taps Solana to Launch HKDAP Regulated Stablecoin
  • Fhenix CoFHE Goes Live on Ethereum and Arbitrum for Private DeFi
  • Bitcoin Circles $77,000 as US Stocks and Gold Drop Amid Resurgent AI Fears
  • Lido Launches 0x02 Staking Module for Ethereum Validators Up to 2,048 ETH
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