Coinbase’s trading revenue from institutional clients has surpassed expectations, reaching $63.9 million compared to the anticipated $55 million. This revenue surge has contributed to a recovery in COIN stock. In addition, Coinbase’s Base Layer 2 has experienced a remarkable 300% growth in transaction volume from the previous quarter. This significant increase has positioned it as…
The world of cryptocurrency is always evolving, with new developments shaping the landscape. Recently, Lido has seen a significant increase in staked Ethereum, even as the SEC’s scrutiny looms over the industry. In this article, we will explore the recent surge in staked Ethereum on Lido, and why it matters. Additionally, we will delve into…
In the ever-evolving world of cryptocurrencies and digital finance, significant investments often mark pivotal moments of growth and innovation. One such moment has arrived as Gnosis, a prominent player in the crypto space, invests $2 million in Zeal, a UK-based digital wallet. This investment highlights the dynamic nature of the cryptocurrency market and underscores the…
The cryptocurrency market continues to dazzle investors with its volatility and potential for substantial gains. Recently, BEAM has grabbed headlines with an impressive 60% price surge in just two weeks. This dramatic rise has piqued the interest of traders and analysts alike, who are now pondering whether a reversal is on the horizon or if…
The cryptocurrency market is evolving rapidly, with investors constantly on the lookout for the best crypto presale projects in 2024. Among these, JasmyCoin has garnered significant attention. However, the question remains: Is a $1 moonshot for JasmyCoin realistic? In this article, we will explore JasmyCoin’s potential and delve into the promising MoonBag presale project, which…
How are emerging cryptocurrencies like Wrapped Ethereum (wETH) and MoonBag (MBAG) positioning themselves for success in the rapidly evolving digital asset landscape? Both projects are making significant advancements, each leveraging unique strategies to capture investor interest and ensure long-term viability. Wrapped Ethereum continues to facilitate liquidity in pools, crypto lending, and NFT trading due to…
Which cryptocurrencies are poised to redefine the digital investment landscape in 2024? As the crypto market evolves, investors seek projects that combine innovation with stability. Two noteworthy projects making headlines are Conflux and MoonBag, each offering unique opportunities for discerning investors. Conflux has gained attention with the launch of Conflux eSpace on C3 Caller, enhancing…
Have you ever wondered which cryptocurrencies have the potential to reshape the digital landscape and offer substantial returns on investment? As the world of digital assets continues to evolve, discerning investors are constantly on the lookout for projects that stand out in terms of innovation, security, and profitability. Two such projects currently making waves in…
In the fast-paced world of cryptocurrency, staying updated with the latest developments and identifying promising investment opportunities is essential for investors looking to maximise their returns. Two projects that have recently garnered attention in this dynamic market are MakerDAO and MoonBag. Each project has taken distinct paths to secure its place among the best ongoing…
Are you looking to identify top investment opportunities in the current cryptocurrency market? With the ever-changing landscape of digital assets, discerning the most promising projects is key. Two cryptocurrencies, EOS and MoonBag, have recently garnered attention for their performance and potential. EOS has shown significant resilience, achieving a daily gain of over 5% and a…
Futu Securities, Hong Kong’s largest online broker, has just announced that retail clients can now trade Bitcoin, Ethereum, and other cryptocurrencies through their platform. Hong Kong is making a major move to become a cryptocurrency hub with a significant step for Bitcoin (BTC) and Ethereum (ETH). Futu Securities Launches Crypto Trading in Hong Kong Futu…
Shiba Inu, one of the leading crypto meme coins, is celebrating its fourth birthday in the crypto world. Since its launch in 2020, SHIB has navigated through numerous challenges and sectoral issues before establishing itself in the market. Although it took time for SHIB to demonstrate its value, the token has made significant progress. As…
In August, several crypto projects, including Avalanche, Wormhole, Aptos, Sandbox, Arbitrum, and Optimism, will release tokens worth about $1 billion. Around $260 million of this will be unlocked in the first three days of the month. Token unlocks are often used by crypto projects to manage the supply of their assets and prevent market oversaturation….
Two market experts recently updated their predictions for Ethereum, suggesting that it could potentially reach as high as $100,000. These very optimistic forecasts are in line with some of the predictions made by financial institutions. Ethereum maximalist Adriano Feria has boldly predicted that Ethereum could hit $50,000 in this market cycle, following a similar prediction…
According to IntoTheBlock, there are currently 5.9 trillion Shiba Inu (SHIB) tokens available for sale at an average price of $0.000017 each. This sale could total about $100 million in SHIB tokens. The data also shows that buy orders have been placed for 3.4 trillion SHIB tokens, leaving 2.5 trillion tokens still on the market….
In July, Shiba Inu (SHIB) had a significant month, burning a large number of tokens to help create a deflationary effect and potentially boost its price. According to Shibburn data, the burn rate for Shiba Inu surged by over 1,529.20% in the past 24 hours, with more than 8.5 million tokens being burned during this…
Mt. Gox has repaid over 17,000 creditors using Bitcoin (BTC) and Bitcoin Cash (BCH), but still retains 32,899 BTC, valued at $2.099 billion. The remaining repayments are waiting for validation and agreements with designated exchanges. As Mt. Gox has begun making payments, there is growing concern in the crypto market that creditors might sell their…
The total cryptocurrency market cap has declined by over $60 billion in the day following the FOMC meeting. Bitcoin’s price fell below $65,000 as the FOMC signaled a hawkish stance on a potential rate cut in September. Among the hardest hit was Book Of Meme coin (BOME), which dropped by 12% in the last 24…
Tether, the largest stablecoin and third-largest cryptocurrency by market cap, reported a net profit of $5.2 billion for the first half of 2024. This strong performance is mainly due to Tether’s investments in traditional markets, particularly US Treasuries. While Tether’s short-term growth hasn’t matched some of its competitors, the company’s focus on transparency and financial…
At their latest meeting, the Federal Reserve decided to keep interest rates unchanged. Fed Chair Jerome Powell indicated that a rate cut might be considered in September. This potential change will depend on future inflation and economic data. Powell emphasized that officials will review these factors carefully before making any decisions on adjusting the rates….
