DeepNewz
DeFi
Solana DEX Volume Surpasses Ethereum by 168%, Processing 14 Million Transactions
Solana has recorded a significant surge in decentralized exchange (DEX) volume, surpassing Ethereum's mainnet by 168%
NFTs & Web3
VanEck Invests in Gunzilla Games' Off The Grid, a Web3 Triple-A Game; Redacted Group Launches Crypto Fund
VanEck has announced a significant investment in Gunzilla Games, the developer of the upcoming Web3 game 'Off The Grid', which is set to be available on PC, Xbox, and PS5
DeFi
Tether Reports $7.7 Billion Profit in 2024, $102.5 Billion in U.S. Treasury Holdings, $120 Billion USD₮ Circulation
Tether has reported a strong financial performance for the third quarter of 2024
Markets
Ethereum (ETH) Struggles in Bear Market with Lower Highs Amid Comparisons to Gold and Bitcoin
The cryptocurrency market continues to experience a downturn, with Ethereum (ETH) showing significant weakness compared to other altcoins
Markets
Bitcoin ($BTC) Drops Below $70,000 Mark on October 31, 2024
Bitcoin ($BTC) has experienced a significant drop, falling below the $70,000 mark on October 31, 2024
TradFi & Fintech
Microsoft Shareholders Begin Voting on $3 Trillion Bitcoin Investment Despite Opposition
Microsoft shareholders have begun voting on whether the company should invest in Bitcoin for its $3 trillion corporate treasury
Regulation & Politics
Analysts Find One-Third of Polymarket's Presidential Market Volume Tied to Wash Trading
Analysts from Chaos Labs and Inca Digital have uncovered evidence of rampant wash trading on Polymarket, a leading electoral betting site
Markets
Bitwise CIO Matt Hougan Predicts Bitcoin Will Surpass $100,000, Foresees New All-Time Highs in 2025
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed optimism regarding Bitcoin's future, predicting the cryptocurrency will surpass $100,000
NFTs & Web3
Charity Auction 'Bridging Worlds' Raises Funds for UNHCR Initiatives, 50% of Works Acquired by Non-Crypto Collectors
A charity auction titled 'Bridging Worlds' has successfully raised funds in support of UNHCR's innovation initiatives
TradFi & Fintech
Reddit Sells Majority of BTC and ETH Treasury Holdings Before October Rally, SEC Filing Reveals
Reddit has disclosed in an SEC filing that it sold the majority of its cryptocurrency portfolio, primarily consisting of Bitcoin (BTC) and Ethereum (ETH), before the significant price rally in October
