Active development of real-world assets and gaming on Avalanche are the key factors behind the growing on-chain activity and price surge, according to crypto analyst Alex Wacy. Key Metrics Overview Avalanche (AVAX) has enjoyed a remarkable 7-day rally, surging over 55%, according to CoinMarketCap data. This bullish momentum is also reflected on some ecosystem projects, …
AVAX Price Soars Explained: Real-world Assets and GameFi Read More »
It appears that price correction is coming after a rally week. Price volatility is back ahead of two major macro events this week. A 7% drop wiped out over $333 million worth of Bitcoin long positions in the last few hours, according to CoinGecko data. Bearish momentum arose after Bitcoin dipped from $43,500 to $41,700 …
Bitcoin Dips Ahead of CPI Report and Fed Meeting Read More »
With 2023 drawing to a close, a16z forecasts nine key trends to watch in the crypto space in 2024. Let’s take a look. Decentralization Optimization The concept of Decentralized Autonomous Organizations (DAOs) has come a long way in its mission to eliminate the need for centralized leadership, which can lead to risks of disruption or …
a16z Forecasts the Top 9 Cryptocurrency Trends for 2024 Read More »
There are a number of updates associated with spot Bitcoin ETFs in recent months ahead of the new year countdown, which could be the key factor behind Bitcoin’s stable performance. Will Bitcoin break through $38,000 in December? Grayscale Updates GBTC Agreement Leading digital asset management firm Grayscale Investment has recently updated the agreement of Grayscale …
With Spot ETF Bullish Sentiment, Will Bitcoin Break Through $38,000 in December? Read More »
OKX’s crypto exchange and Web3 wallet went live in Latin America’s dominant crypto market. Global Web3 and technology firm OKX today launched a new crypto exchange and Web3 wallet tailored for the Brazilian market. According to the press release, the all-in-one platform aims to provide an accessible, secure, and user-friendly solution for local users to …
OKX Launches Crypto Exchange and Web3 Wallet Tailored for Brazilian Market Read More »
In February 2023, Kraken reached a $30 million settlement with the U.S. Securities and Exchange Commission (SEC), which consequently forced the crypto exchange to terminate its staking service. Nine months later, the agency decided to kick off a new legal battle, but this time, Kraken vowed to stand its ground. Kraken Defends its Position On …
The world’s largest stablecoin issuer now plans to be the global top Bitcoin miners. Tether Holdings Ltd., the company behind the leading stablecoin Tether (USDT) is planning to invest about $500 million over the next six months in building new bitcoin-mining facilities, said Paolo Ardoino, CEO of Tether. The move came after Tether acquired shares …
Stablecoin Giant Tether Pours Half a Billion into Bitcoin Mining Read More »
PancakeSwap, one of the most popular decentralized exchanges (DEX), has released the PancakeSwap Gaming Marketplace to tap into the endless potential of GameFi. The new platform aims to become a dedicated gaming hub for gamers, game builders, and community members to play, build, and connect, according to the firm’s latest post. Initially, PancakeSwap Gaming Marketplace …
PancakeSwap Enters the GameFi Arena, Launches Gaming Marketplace Read More »
Binance’s plan to establish presence in Thailand takes a step forward as its joint venture with Gulf Energy gained approval from the Thailand Securities and Exchange Commission (SEC). According to a notification to the Stock Exchange of Thailand, on November 10, 2023, Gulf Binance, a joint venture by Gulf Energy Development PCL and Binance, was …
Binance to Re-enter Thai Market Through Joint Venture with Gulf Energy Read More »
Central bank digital currencies (CBDCs) can replace cash and promote financial inclusion, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) during an IMF seminar on November 14. The IMF head encouraged the public sector to ‘keep preparing’ to implement CBDCs and ‘related payment platforms in the future.’ She highlighted the unprecedented global …
IMF MD: CBDCs Can Replace Cash and Promote Financial Inclusion Read More »
Bitcoin (BTC) $ 67,822.00 0.65%
Ethereum (ETH) $ 2,634.39 0.43%
Tether (USDT) $ 1.00 0%
BNB (BNB) $ 606.60 1.75%
Solana (SOL) $ 155.32 0.36%
USDC (USDC) $ 1.00 0.04%
XRP (XRP) $ 0.548034 1.13%
Lido Staked Ether (STETH) $ 2,632.94 0.46%
Dogecoin (DOGE) $ 0.124589 6.87%
TRON (TRX) $ 0.160089 0.72%