Crypto News
Why DePIN Is Taking Off Now
DePIN has existed for a few market cycles, with early successes in digital infrastructure networks like Helium and Golem. Now, half a decade later, it is taking off, as seen by a surge in product launches and new DePIN-dedicated funds. Outlier Ventures’ Jasper De Maere, asks: Why now?Source link
Hedge Bitcoin Exposure by Shorting Altcoins During Murky Market, Says Analyst
"Even though we're cautious about Bitcoin's upside potential in the short term, this hedging strategy remains promising," the firm wrote.Source link
Ethereum Fees Plummet—Etherscan Adds Decimals to Keep Up With Gas Drop
Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels that Etherscan, a leading Ethereum block explorer, has recently added decimal points to its gas tracker after fees dipped below 1 qwei. Etherscan’s New DecimalSource link
Harris Leads Trump on Polymarket as DNC Begins, but They Got Tied Earlier Amid Volatility
Plus, bettors see RFK dropping out by November without a Trump endorsement, and China's 'bitcoin ban' is more complicated than what Justin Sun thinks.Source link
Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps
On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week, while ETH saw a decline of more than 4% during the same period. Despite the downturn, some digital currencies managed to stand out, with superrareSource link