In the ever-evolving world of cryptocurrency, investors are constantly seeking the next big opportunity, the proverbial needle in the haystack that promises exponential returns. While Bitcoin and Ethereum have long been the stars of the show, a new wave of altcoins has emerged, capturing the attention and imagination of traders
On March 9, the total value locked in DeFi protocols surpassed $100 billion, thanks to the demand for Bitcoin which is boosting the mood surrounding the crypto sector. Data from DefiLlama shows that decentralized financial protocols have a total value locked (TVL) of $100.1 billion, with a volume of over
The newly issued U.S. spot bitcoin ETFs got off to a flying start after their January debut. According to statistics, the crypto-based financial instruments reached a new important milestone on Friday, surpassing $100 billion in total trading volume. A month passed before the new products’ combined trading volume surpassed $50
In the run-up to the pivotal halving, Bitcoin miners had hoped for a rapid mining rate. Bitcoin miners have reportedly hit a new monthly energy consumption peak, according to a Bloomberg article. Bitcoin prices have remained high and skyrocketed due to the supply shock and the simultaneous increase in the
With a 60% increase from the start of the year, Coinbase (COIN) stock has shown remarkable growth in the last few weeks, regaining its listing price and trading at $256 at the time of writing. After a steep decline during the crypto winter, when shares fell to $33 in 2023,
Shiba Inu, the second-largest memecoin by market cap, has seen a surge of over 22445% in its 24-hour burn rate. This surge occurs as an aftermath of the SHIB team’s massive burn of 13.4 billion SHIB, worth $466K at current prices, in the last 12 hours. On X, Shiba Inu’s
Cryptocurrency market has experienced numerous bull runs throughout its history, but none have been as anticipated as the one expected to occur in the near future. With Bitcoin breaking all-time highs and investor interest reaching unprecedented levels, the stage is set for a monumental bull market. Let us explore three
Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of
Investors are ecstatic about the Bitcoin rise, but the Coinbase exchange’s platform is responding poorly. In the midst of Bitcoin’s new all-time high (ATH), Coinbase has reported yet another downtime. The crypto exchange has experienced three outages in the last two weeks. The platform collapsed, causing significant disruptions according to
Solana (SOL), one of the most prominent layer-1 blockchain platforms, has caught fire over the last couple weeks. The Ethereum competitor has notched a scintillating 45% price gain since mid-February, outpacing broader crypto markets. After languishing under $100 for the latter portion of 2022 and early 2023, SOL appears to
