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Search Results for: Cryptocurrency

Bitcoin and Ethereum Bulls Lead the Rally: Should Buy or Sell?

The cryptocurrency market is witnessing an electrifying surge as Bitcoin, the world’s largest cryptocurrency, breaches the $50,000 mark for the first time in over two years. This rally comes on the heels of heightened expectations for interest rate cuts later in the year and recent regulatory approvals for U.S. exchange-traded

February 13, 2024 2 mins read

Polygon Could Lose Market Share to a New Competitor Priced at $0.11, Analysts Predict

The decentralised finance (DeFi) market is characterised by constant evolution and innovation, where established players face the ever-present risk of being surpassed by newer, more agile competitors. In this article, we delve into the emergence of Retik Finance (RETIK) as a potential disruptor to Polygon’s (MATIC) dominance in the DeFi

February 13, 2024 4 mins read

Digital Currency Group Records $210 Million in Q4 2023 Revenue

The company’s revenue reached $210M in the Q4 of 2023, a 59% rise in comparison to the same time the previous year, Digital Currency Group (DCG) said Monday in a letter to shareholders. The parent business of Grayscale Investments attributed the increase in revenue on rising asset values, especially bitcoin.

February 12, 2024 2 mins read

Philippines Unveils Wholesale CBDC Plans, Excludes Blockchain

Eli Remolona, governor of the Bangko Sentral ng Pilipinas (BSP), has announced that the BSP plans to launch a central bank digital currency (CBDC) for wholesale use in the coming years. In 2020, the central bank of the Philippines began investigating CBDCs. November saw the Bank for International Settlements (BIS),

February 12, 2024 1 min read

A.I Trading Titans Set to Command 2024 Bullrun, Kaspa (KAS) Eyes $5

As the crypto market teeters on the cusp of what many predict to be an unprecedented bull run in 2024, two names are drawing significant attention from investors and market analysts alike: Option2Trade (O2T), with its cutting-edge A.I. trading platform, and Kaspa (KAS), a rising star in the cryptocurrency space

February 12, 2024 4 mins read

Ethereum Validator Entry Queue Surges Amid Growing Optimism

More and more Ethereum validators are considering staking their ether (ETH) on the network. An analysis of data from ValidatorQueue shows that the so-called validator entry queue has reached 7,045 entries, the highest level since October 6th. In little over 48 hours, the waitlist—representing more than 225,000 ether ($562 million)—is

February 12, 2024 1 min read

ERC-404 Tokens Hit by 26% Market Downturn Amid Gas Fee Surge

In the fast-paced world of cryptocurrency, the Ethereum network has witnessed a tumultuous 24 hours marked by soaring gas fees and a sharp decline in the ERC-404 sector. According to data from Coingecko, the overall market capitalization of ERC-404 tokens has plummeted by a staggering 26%, leaving investors reeling from

February 12, 2024 2 mins read
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