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Recent News on Cryptocurrency, Blockchain, and Finance | Yellow.com
Explore the latest Web3 and blockchain developments, cryptocurrencies news, market updates, technology, trading, mining, and trends.
Bitcoin Whales Tighten Grip: Now Control 40% of BTC Supply
Jun 06, 2024
Bitcoin whales are steadily increasing their holdings, now controlling over 40% of the total supply. According to recent data from TheBlock, addresses holding between 100 to 10,000 BTC have ramped up
Crypto Mining Falls to Emerging AI Era: Data Centers Undergo Major Transformation
Jun 06, 2024
According to a recent report by Bloomberg, crypto mining companies are finding new opportunities in the AI sector by converting their existing infrastructures. That is driven by AI’s unprecedented dem
A Stablecoin That Pays Interest? Paxos Was Able To Surprise Us After All
Jun 06, 2024
Paxos International has announced the issuance of a regulated, interest-paying U.S. dollar-pegged stablecoin. The trick is that this new digital asset, named USDL, will not be available to users in th
Hail, HODL: 100% of Long-Term Holders Now in Profit as Bitcoin Hits $71K
Jun 06, 2024
Bitcoin’s recent surge past $71,000 has pushed all long-term holders into profit. According to Glassnode, even those who bought during the peak of the 2021 bull market are now in the green. This marks
Bullish Signals Persist in Crypto Market: Declining Exchange Volumes Indicate Bigger Shifts Ahead
Jun 06, 2024
May's crypto market witnessed a notable decline in centralized exchange volumes, hinting at significant changes ahead. Report from CCData indicates a 27.1% drop in May compared to April, marking the l
Ethereum to Soar? VanEck Projects $22K Price by 2030
Jun 06, 2024
VanEck, a leading investment firm, has made a bold prediction for Ethereum (ETH). According to their latest report, Ether's price could surge to $22,000 by 2030. This forecast comes as part of a broad
Coinbase Unveils Smart Wallet, Targets 1 Billion Users – No Kidding
Jun 05, 2024
Coinbase has launched its new Smart Wallet, a product designed to streamline on-chain activities. This is a significant move to broaden its influence in the cryptocurrency world. A key feature of th
Who Really Controls Ethereum? Insights from the Latest Study Are Shocking
Jun 05, 2024
Ethereum’s governance model is under scrutiny following a new report by Christine Kim from Galaxy Research. This research reveals that Ethereum’s control structure is decentralized and operates primar
Bitcoin Miner Reactivates Dormant Wallets, Moves 277 BTC for First Time in 11 Years
Jun 05, 2024
Bitcoin miner addresses dormant for 11 years have suddenly transferred $7 million in BTC. On-chain data reveals that these long-inactive wallets moved approximately 277 BTC recently. This activity has
Vitalik Buterin Criticizes Celebrity Memecoins: We Do Not Disagree
Jun 05, 2024
Vitalik Buterin, the co-founder of Ethereum, has voiced strong criticism against celebrity-endorsed memecoins. He believes these tokens, often backed by public figures, lack real value and mislead inv
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