As the year 2023 winds down, the crypto market has been a spectacle of resilience and optimism, with significant cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) leading a spirited rally. Despite a mild correction earlier, Bitcoin has surged more than 63% since mid-October, while Ethereum has followed suit with a
The asset management business Ikigai said that it had liquidated its claim in the bankruptcy proceedings of FTX, after disclosing that a significant portion of its hedge fund’s assets had been held by the exchange at the time of its downfall. Travis Kling, chief investment officer of Ikigai, said on
Constraints on Nigerian banks aiding cryptocurrency transactions have been removed by the Central Bank of Nigeria (CBN), almost two years after a complete ban on banks working with digital currencies was enforced. Moreover, the CBN acknowledged in a circular addressed to banks on December 22 that the rising worldwide demand
Bybit, the most trusted cryptocurrency exchange in the world per CoinGecko, has unveiled a powerful suite of free AI trading tools that are intended to transform the cryptocurrency trading industry. Bybit is grouping its range of AI solutions into a new Trading Tools category in an audacious attempt to democratize strategy
The world of cryptocurrency investments can be a wild ride, filled with opportunities and risks. In recent times, memecoins like Shiba Inu (SHIB) and Pepe (PEPE) have gained popularity due to their meme-inspired branding and, in some cases, astronomical price gains. However, for investors seeking a safer and more reliable
Solana Saga phone sales on eBay have recently reached $5,000, which is far more than the original retail price, indicating an exceptional spike in the market. The anticipated profitable airdrops in the future and the general uproar around BONK, a memecoin based on Solana, are the main factors propelling this
The weekend saw a jump in network transaction fees across all blockchains, as the need for block space was driven by the Ordinals inscriptions frenzy, which isn’t limited to the Bitcoin network. Gas fees surged over the weekend due to an explosion of Ethereum Virtual Machine (EVM) chain inscriptions. Dune
In the fast-paced world of cryptocurrencies, the slow-moving nature of Ripple (XRP) has become a source of frustration for many investors. Over the last 7 days, XRP has emerged as the worst performer, trailing behind even Bitcoin in terms of performance among the top 10 global coins.With its price barely
An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16. The Ethereum rollup chain Arbitrum was
Since the price of Solana’s memecoin Bonk (BONK) skyrocketed, the crypto community has been purchasing Solana’s Saga phone at a rapid pace. Solana co-founder Raj Gokal tweeted on December 15 that the company’s phone sales had jumped tenfold in the last two days, putting them on track to sell out
