Global

Recent data from IntoTheBlock reveals a promising trend for Bitcoin as the cryptocurrency network experiences a notable increase in daily new addresses. This uptick marks a significant reversal from earlier in the year when adoption levels had dipped to multi-year lows.

Notcoin, the pioneering force in Telegram gaming, has taken a significant leap forward by launching a new, story-driven game titled “Lost Dogs” in collaboration with TON’s Lost Dogs Co and NFT trading platform Getgems.

According to Kaiko’s latest report, significant bullish activity is emerging in the Bitcoin derivatives market, particularly on Deribit’s new election contracts.

Cardano (ADA), a prominent cryptocurrency, has seen its price plummet by 50% since reaching a high of $0.8100 in March, now trading around $0.385. Despite a recent positive development from the U.S. Securities and Exchange Commission (SEC) declaring ADA not to be a security, the token is still grappling with significant sell pressure, raising concerns about its short-term outlook.

On July 31, 2024, Nobuaki Kobayashi, the Rehabilitation Trustee for the defunct Mt. Gox exchange, announced a significant milestone: the completion of repayments to a substantial portion of the creditors. The exchange has successfully returned Bitcoin and Bitcoin Cash to over 17,000 creditors, with the process facilitated through exchanges such as Kraken and Bitstamp.

The cryptocurrency market is experiencing a significant uptick in trading volumes, with projections indicating that the U.S. will spearhead this growth, surpassing $2 trillion in trading activity.