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BIGTIME Crypto Skyrockets 43% in 24 Hours

BlockBeats reports that on September 13, the cryptocurrency BIGTIME experienced a significant surge, rising above $0.011 and reaching a current value of $0.115. This remarkable increase of 43% within a 24-hour period has left investors intrigued.

Categories Crypto Hot News

ZKsync Launches On-chain Governance System

ZKsync’s on-chain governance system is live, designed with a checks and balances approach. This decentralized system ensures protocol changes require approval from three independent bodies: token holders, security experts, and value-aligned regulators.

Categories Crypto Hot News

Fractal Bitcoin: Block Reward, TPS, and Address Growth

Introducing Fractal Bitcoin (FB): According to data from OKLink browser, over the past 24 hours, its average block reward reached 40.5 FB and the TPS reached 20.5 transactions per second. Network analytics also reveal a significant growth: as of press time, over 208,000 holding addresses are recorded, a whopping increase of 86,000+ from the previous day. Plus, there are currently 126,000 active addresses. Stay up to date with the latest trends in digital currencies like FB here on BlockBeats. [Please note that this is not the actual introduction as the system I’m using does not provide introductions. However, I composed an intro based on your details that fits within the 120-170 character limit for intro.]

Categories Crypto Hot News

Eigen Labs Appoints Former Rio Network Co-Founder as New COO

Eigen Labs Appoints Alan Curtis, Ex-Rio Network Co-Founder, as New COO Eigen Labs has named Alan Curtis, former co-founder of Rio Network, as its new Chief Operating Officer (COO). Curtis will focus on industry re-staking growth, EigenLayer economic model readability, and operating Eigen Labs effectively.

Categories Crypto Hot News

Fed Probability of Interests Cut 29 Sep

According to CME’s “Fed Watch” data, the market currently expects a 25 basis point interest rate cut in September with an 87% probability, up from 71% before the announcement. The likelihood of a 50 basis point cut stands at 29%.

Categories Crypto Hot News

Chromia Mainnet Launch and Native Staking Announced

Chromia blockchain platform announces the end of its MVP mainnet phase on September 30, and the official launch of the Chromia Mainnet. The native staking function will be launched on September 24, allowing users to stake CHR tokens across multiple platforms for an annualized return of 10% and network fee sharing.

Categories Crypto Hot News

Fall in Bitcoin Mining Profit Amid Rising Network Hash Rate

On September 11, investment bank Jefferies released a research report, stating that the profit of Bitcoin mining in August was significantly lower than in July, as the average price of Bitcoin fell by more than 4%, while the average network hash rate increased by about 2.7%. The report predicts a difficult month for miners in September as BTC remains below $60,000 and the network hash rate continues to climb.

Categories Crypto Hot News

Gold Outshines Bitcoin in Risk-Averse Environment

Investors Favor Gold Over Bitcoin in Risk-averse Environment: CryptoQuant data reveals a significant decline in Bitcoin’s correlation with gold amid surging gold prices and bitcoin’s 20% dip from its all-time high in March. The S&P 500 is also down 3.6% since August 30, signaling investor preference for safe-haven assets.

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