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Search Results for: bitcoin

Solana Overtakes Ethereum in Network Activity Amid Memecoin Frenzy

While giants like Bitcoin and Ethereum are grappling with slight downward trends, Solana has emerged as a top contender for bullish momentum. Over the weekend, the Solana network witnessed a surge in activity, outpacing Ethereum, driven by a frenzied fan rush towards Solana-based memecoins. On March 15th, trading volume on

March 18, 2024 2 mins read

Solana (SOL) Overtakes Binance Coin (BNB) as Fourth Largest Crypto

In keeping with the ecosystem’s ongoing expansion, Solana (SOL) has surpassed Binance coin (BNB) in market capitalization to become the world’s fourth biggest cryptocurrency. True enough, the two assets have been trading places, with CoinMarketCap reporting a 3.05% drop in BNB’s market valuation during the last 24 hours. Solana has

March 17, 2024 2 mins read

U.S FTC Investigates Reddit’s Data Licensing Policies Amid IPO Preparations

A U.S Federal Trade Commission (FTC) investigation into Reddit’s data licensing policies for AI training has begun. In the midst of getting ready for its highly anticipated initial public offering (IPO), the firm is being investigated. A revised Form S-1 registration statement was filed with the U.S. SEC by Reddit

March 17, 2024 2 mins read

U.S Manufacturers Embracing Metaverse as per World Economic Forum

The World Economic Forum reports that an increasing number of American manufacturing companies are looking to the industrial metaverse to solve complicated problems that arise throughout the production cycle. The World Economic Forum (WEF) revealed in a March 12 report that 92 percent of American manufacturing executives are looking at

March 17, 2024 1 min read

Charles Hoskinson Debunks Rumors of Cardano Hydra Abandonment

Charles Hoskinson has dispelled detractors’ accusations that Cardano Hydra has been disbanded, referring to them as FUD, or Fear, Uncertainty, and Doubt. Charles Hoskinson, founder of Cardano, has said that the speculations suggesting that Cardano Hydra has been abandoned are baseless rumors. According to the founder, there will be new

March 17, 2024 1 min read

Nigerian SEC Proposes Significant Fee Hikes for Crypto Exchanges

The SEC in Nigeria has suggested an increase in the registration cost for cryptocurrency exchanges from 30 million naira ($18,620) to 150 million naira ($93,000), as part of an update to the regulations that govern platforms providing crypto services. According to the SEC, the purpose of the proposed amendments was

March 17, 2024 1 min read

Solana DEX Soars to Record $3.5B Daily Volume Amid Meme Coin Frenzy

The volume on the Solana (SOL) blockchain DEX has reached a new record high. The total transaction volume on the Solana DEX in a single day has surpassed $3.5 billion. This increase is in line with the general trend of rapid expansion in the crypto industry that has been going

March 17, 2024 1 min read

Why $100 in BEFE Coin Could Result in Good Profits for Investors

The Cryptoverse is a world of depths and heights. Every day there are new tales of millionaires made overnight and coins going through the roof. While behemoths like Bitcoin and Ethereum get most of the attention, a new phenomenon came in the meme coin that’s defying expectations – BEFE Coin.

March 16, 2024 2 mins read

Investors Buzzing as Analysts Forecast Bitgert Coin to Soar Over 2000% This Week

Large financial investors and corporates are increasingly investing in cryptocurrencies like Bitcoin.Blackrock one of the Biggest investment management company is holding Bitcoin directly in its reserves, with the asset size around $15 billion. This is truly exciting, and we have been clearly seeing this excitement in the cryptosphere for the

March 16, 2024 2 mins read