News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Volume on Solana exceeded $3.79 billion on Friday. Total fees on Solana are also at new all-time highs. Jupiter did more volume in the past 24 hours than Uniswap V3 (Ethereum).
Ethereum’s price had exceeded $4,000 earlier this week but is down by $500 since then.
Avalanche, Cardano, and Polygon have also dropped by double digits in the past 24 hours.
Bitcoin bulls remain confident despite BTC price hitting its lowest levels since March 6 in a brutal weekend sell-off.
Ether.fi, the largest liquid restaking protocol on Ethereum, has announced its governance token, ETHFI, and details of its airdrop beginning March 18. Ether.fi also announced that the initial planned allocation would change following community feedback centered around TRON founder Justin Sun’s large allocation of tokens.
Bitcoin price rose to an all-time high on Thursday with a month left before the supply halving. Meanwhile, the largest cryptocurrency is growing in leaps and bounds all over the world.
- 15:10Standard Chartered: Bitcoin Price Could Retrace and Fluctuate as U.S. Elections ApproachOct. 31 (Bloomberg) -- Geoff Kendrick, global head of digital asset research at Standard Chartered, reportedly said that bitcoin's likelihood of breaking out of its all-time highs in the near term is reduced and could see a price pullback and increased volatility by Nov. 5 as investors close out positions ahead of the U.S. presidential election. Although the bitcoin price reached $73,563 this week, it has yet to break the all-time high of $73,700 set in March. Kendrick noted that volatility in the bitcoin market will increase during the election, especially if the results are delayed. In addition, he believes that if the Republican Party wins the election across the board, Bitcoin is expected to rise to $125,000 by the end of the year and trigger a new round of cottage-coin craze, of which Solana may benefit significantly.
- 15:09Agora Launches US Dollar Stablecoin AUSD on Injective BlockchainOctober 31, 2011 - Injective Labs announced the launch of its first native stablecoin on the Injective blockchain, AUSD, a fully collateralised USD stablecoin from Agora.Backed by VanEck and hosted by State Street, AUSD is backed by high-quality U.S. bonds and overnight repurchase agreements to provide users with a stable trading option. The Injective ecosystem, which has processed more than $40 billion in USD-denominated stablecoin trades since its inception, provides an ideal environment for Agora's issuance with superior infrastructure, low fees and fast trade confirmations, according to Nick van Eck, co-founder and CEO of Agora. Currently, AUSD has a circulating supply of $65 million, with over $15 million in daily trading volume, and further integration is planned in Injective's core applications such as DEX, pledge and lending protocols.
- 15:02Meme Coin MOMO Up More Than 2,200 Percent OnlineOn October 31, data showed that the Meme coin MOMO on the Ether chain rose more than 2200% online, and is now at 0.0003703 U.S. dollars. It is reported that MOMO is the theme MEME coin of Google's mascot MOMO magic cat.
