Crypto News
Once Bustling, Now Barely Moving: Bitcoin’s Blockchain Continues to See a Sharp Drop in Transfers
In contrast to its historic peak in daily transfer volume last year, Bitcoin’s transactional activity in 2025 has dwindled to its lowest level in over eight months. During particularly sluggish intervals on certain days this year, blocks on the Bitcoin blockchain have been processed irregularly, creating an unpredictable environment for mining participants. Bitcoin’s Onchain Slowdown:Source link
Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption
Wrapped AVAX (WAVAX) has seen a surge in wallet accumulation on the Avalanche blockchain, even as its price dropped more than 4% over the past 24 hours, data from TheTie shows.A total of 3,898 wallets added to their WAVAX holdings today—nearly twice the recent average of 1,600, the data shows. A wrapped token is a token that represents a cryptocurrency from another blockchain or token standard and is worth the same as the original cryptocurrency. The wrapped token can be used on certain non-native blockchains for trading, lending and borrowing on DeFi platforms and later redeemed for the original cryptocurrency.While a declining price often signals bearish sentiment, the uptick in accumulation could suggest that some traders see long-term potential in...
Ethereum Dominates Corporate Blockchain Adoption With NFTs, Tokenized Assets: Galaxy Report
Over 50 non-crypto companies, including global banks and luxury brands, are building blockchain-based products on Ethereum and its layer two networks, focusing on NFTs, tokenized assets, and scalable infrastructure, according to a Galaxy Digital report. Traditional Finance and Retail Giants Bet on Ethereum’s L2 Networks More than 50 traditional companies, including financial institutions like DeutscheSource link
Gold-backed Tokens Underperform While Wall Street Calls for Dip Buying in Precious Metal
Cryptocurrencies backed by gold have underperformed over the week as the price of the precious metal saw a significant drop after moving up more than 10% so far this year. The decline came as speculation surrounding Trump’s tariffs being a negotiating tool.Gold-backed tokens, including Paxos gold (PAXG) and Tether gold (XAUT), have declined roughly 1% over the past week to trade around $2,900 while the wider crypto market rallied. The CoinDesk 20 Index rose 5.7% over the same period, and the broader MarketVector Digital Assets 100 Index (MVDA) rose 3.4%.The precious metal saw its price drop amid growing speculation that the new tariffs threatened by U.S. President Donald Trump are meant to be a negotiating tool. This hit the price...
Apple Teasing Home Robots? Top Analyst Predicts Surprise for iPhone Giant
While tech giant Apple is rumored to be working on humanoid and other home robots, analysts say production won’t begin before 2028—if at all.Source link