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In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,
Lately, the price of Solana (SOL) skyrocketed, coming alarmingly close to $25. Due to its recent price increase, Solana is now the seventh most valuable cryptocurrency, surpassing both Dogecoin (DOGE) and Cardano (ADA). This year, the TVL for Solana reached a new high of $338.21 million. This provides some good
The crypto market is showing signs of life as Bitcoin’s value rises. After failing to break over $26,500 earlier this week, BTC is hovering around the $27,000 mark at the time of writing. Moreover, Toncoin had been in news lately for defying the market trend and registering a strong rally.
Recent months have seen a surge in Total Value Locked (TVL) in the Solana ecosystem, despite a precipitous decline in DEX volumes. The declining DEX activity in Solana’s DeFi landscape has caused considerable concern, given the significance of these metrics to the general condition of a DeFi network. Base, Coinbase’s
Shiba Inu is gearing up for its biggest month, if past performance proves predictive. The prominent meme coin has a knack for explosive growth in October, defying typical market trends. With the arrival of “Uptober,” SHIB holders hope the token repeats or even exceeds its astronomical 833% surge last year.
Bitcoin Cash (BCH), a cryptocurrency that forked from Bitcoin, has been creating a buzz in the crypto market with its recent performance. It has surged to a two-month high of $234, marking an 8% increase in the past 24 hours. This price range has been long-awaited by traders who have
Total Value Locked (TVL) in the Solana ecosystem has increased recently, yet DEX volumes have dropped significantly. Given the importance of these numbers to a DeFi network’s health, the decline in DEX activity in Solana’s DeFi landscape has sparked some worry. SOL’s price had shown surprising resilience and recovered at
The cryptocurrency market was buzzing as the MKR token from Maker DAO took center stage, reaching a peak not seen since May 2022, a 16-month high. Further, as of today, September 27, MKR has continued to make a strong impression on investors, surging from its low point of $504 in
Former Obama administration employee Lauren Belive has been recruited by Ripple to lead the company’s public policy and government operations in the United States. Belive will take charge of the company’s efforts in Washington and elsewhere to promote crypto-friendly regulations for both consumers and companies. Before joining SoftBank Group International
Binance, a cryptocurrency exchange, has announced that it is once again available to customers in Belgium, after earlier difficulties caused by European Economic Area rules. Binance announced on September 25th, 2023, that it will begin offering its services in Belgium. After more than three months, the exchange has announced it
