Bitcoin News Today TheBitTimes.com

The uncertainties in the crypto market are increasing today as crypto prices shift between the upper and mid-range. The bulk of the fluctuation experienced across the board is fueled by the peBitcoin’s performance in the last 24 hours. BTC saw a marginal drop in price, dumping its value from $69k to $67k. The cascading price appears as support at the $69k range.  With BTC trading below its previous ATH value, investors might look more toward Altcoins for investment opportunities. Thus, this article unveils the top trending crypto currencies on the Polygon chain today to give investors an overview of the price actions of crypto currencies on the chain .  Most Trending Cryptocurrencies on Polygon Investors in the industry are not restricted to established cryptocurrencies or networks. Presale crypto projects have demonstrated high potential. The performance of the Mega Dice presale has been quite remarkable. This article shares a quick overview of the project and the...

Citibank is working with Wellington Management and Wisdom Tree to explore the tokenization of private equity funds on the Avalanche block chain . The global banking giant said i n a Feb. 15 press release that “smart-contract capabilities could deliver new functionality and operational efficiencies, which are currently unavailable with traditional assets.” Wellington’s Private Equity Fund Was Tokenized On Avalanche The proof of concept involved the tokenization of a Wellington-issued private equity fund, which was brought onto a decentralized network, Citibank said. Fund distribution rules were then “encoded into the smart contract and embedded in the token transferred to hypothetical WisdomTree clients.” The Full Report The report concludes that tokenization can unlock value in traditional markets by enabling greater automation, data access, and new operating models through digital identity and smart contracts.https://t.co/mXDuBo33En — Avalan...

A wealthy investor who made millions trading Bonk (BONK) is suddenly bullish again on the Dogecoin (DOGE) rival, according to on- chain data. Block chain tracking firm Lookon chain reports that a profitable BONK trader just purchased more than three billion BONK. “This smart trader who made ~$6.9 million on BONK spent 386 SOL ($40,000) to buy 3.29 billion BONK again [on Tuesday]! He accumulated 371.4B BONK in nine months at a cost of only 6,998 SOL ($276,000) and sold half of the BONK during the BONK surge for 50,139 SOL ($5.2 million).” Source: Lookonchain/X Bonk is trading for $0.0000138 at time of writing, up more than 13% in the last 24 hours. Lookon chain also noticed whales making big Wrapped Bitcoin (WBTC) moves. The analytics firm reports that one whale sold off their WBTC holdings as the price suddenly rallied, making more than $5 million. “A whale started selling WBTC after the WBTC price increased! The whale has sold a total of 355 WBTC for 15...

1. Solana Network Achieves Yearly High in New Addresses and Active Addresses in December link Solana Network sets a new record for monthly new addresses and active addresses. As of December 25th, the number of active addresses on the Solana Network for December surpassed 15.6 million, showing an increase of around 50% compared to November and exceeding the 15.2 million in January. The number of new addresses added in December is 6.8 million, surpassing the 6.6 million recorded in May earlier this year. 2. zkSync Era Mainnet Temporarily Halts Block Production for 2 Hours link On December 25th, the zkSync Era mainnet experienced a 2-hour block production pause. After an urgent investigation and fix by the team, the issue has been completely resolved. According to @zkSyncDevs, the problem on the zkSync Era network originated from an edge case error in the operator’s computation of state updates. While the sequencer was fully operational, overly defensive measures were taken based on unnec...

SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem. Decentralized Finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality. The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized applications built on the protocol gaining access to SushiSwap’s liquidity pools, cross-chain swaps and its decentralized exchange (DEX) aggregator. The liquidity of SushiSwap’s automated market maker platform is also set to benefit the Core ecosystem, with the additional liquidity from the integration expected to improve the functionality of other DeFi protocols operating on Core. SushiSwap joins ArcherSwap, IceCreamSwap and OpenEx as the main DeFi protocols operating on Core’s network. SushiSwap users are also set ...

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Much has been written about the importance of blockchain interoperability, which refers to the ability of two or more independent networks to exchange data and value. It’s a fairly straightforward concept, but it’s one that has proven extremely elusive in the real world. However, it is absolutely necessary to implement if blockchain is ever going to live up to its full potential.  The open and decentralized nature of blockchain has resulted in an explosion of networks. Today, there are easily more than 100 blockchains up and running, and they all exist independently of one another with no way of communicating. Because these networks can’t communicate, it’s impossible for a user on the Bitcoin blockchain to interact with someone on the Ethereum network, and vice versa.  In an interview with ...