On November 23rd, in response to higher trading activity in the cryptocurrency markets, especially when Bitcoin’s price approached $100,000, stablecoin issuer Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. According to data compiled by Arkham Intelligence, two billion USDT were created in a single transaction
Solana has achieved a major milestone as its decentralized exchange (DEX) volume surpassed $100 billion in November. According to DefiLlama, Solana recorded $109.8 billion in DEX trading volume, doubling Ethereum’s $55 billion. The network also posted a remarkable 100% increase from October’s $52.5 billion, showcasing its dominance in DeFi. This
As the price of Bitcoin gets closer to its peak, the focus now shifts to the coins that have the potential to change one’s future. Of the hundreds of other cryptocurrencies in the market today, four are notable due to their exceptional capacity and potential growth: Rexas Finance (RXS), Cardano
ZA Bank, Hong Kong’s largest digital bank, has become the first bank in Asia to offer direct Bitcoin (BTC) and Ethereum (ETH) trading services through its platform. The service has been officially launched on November 25, 2024. This facilitates users to trade the two major cryptocurrencies using Hong Kong dollars
Ripple’s native token, XRP, has witnessed a significant boost in whale activity over the weekend. Over 50 million XRP were purchased by whales, fueling the ongoing bullish momentum. Notable transactions included a 20 million transfer ($27.24 million) from an unknown wallet to Bybit and another 20 million XRP transfer ($28.98
FXGuys ($FXG) is shocking the crypto market by exceeding all expectations in its first presale round. With strong investor demand, the token is now being seen as one of the best crypto to buy for those seeking high returns. Analysts are predicting a 30x profit potential once the coin launches
The global crypto market is balancing between gains and losses. Bitcoin has been breaking its all-time high multiple times in the last few days, sitting at under $100K. After two weeks of nonstop performance, slight falls were witnessed today as BTC dropped to the $97K zone, resulting in a 1.09%
Following Donald Trump’s re-election to the U.S. president earlier this month, the analysis of the crypto policy landscape was released by the non-profit crypto industry research and advocacy organization Coin Center. Though some difficult challenges will certainly remain. The organization does concede in the report that many in the sector,
Alameda Research has raised concerns among investors by transferring large amounts of Polygon (POL) tokens to Binance during a price surge. In the past four days, the firm moved 4.5 million POL tokens worth $1.98 million. The latest transfer involved 2 million POL tokens, valued at $927,000. Polygon’s market activity
Dogecoin ($DOGE) is trading at $0.4645, marking an impressive 19.04% increase over the past day. Its market cap is a substantial $68.24 billion, reflecting a 19.09% surge. The Volume-to-Market Cap Ratio has climbed to 29.45%, indicating heightened trading activity with a 24-hour volume of $20.05 billion. Dogecoin’s hash rate has
