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Search Results for: Ethereum

Whale Buys 131 Billion Shiba Inu (SHIB) Worth Approx $1.48 Million

The market capitalization of all meme tokens suffered serious damage as the prices of Bitcoin (BTC) and Ethereum (ETH) fell by almost 3 percent over the previous week. Yet the crypto whales were quick to purchase the drop, adding a combined total of billions of Shiba Inu Coins to their

March 4, 2023 1 min read

Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B

Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko

March 4, 2023 1 min read

Ark Invest Led by Cathie Wood Yet Again Buys Coinbase Shares

After making significant acquisitions in February, Ark Invest, an investment management business managed by Cathie Wood, continued its purchasing binge in March, adding additional Coinbase shares to its portfolio. Having just released Base, an Ethereum Layer-2 blockchain, and having purchased One River Digital Asset Management, investors are looking favorably on

March 4, 2023 1 min read

Ripple vs SEC Case Update Led XRP Price Surge

While the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) prices declined, Ripple’s native crypto token XRP price surged over 3% in a day. At the time of writing, XRP traded at $0.3754 with a market cap of more than $19 billion, as per CoinMarketCap data.  Finally, an end to Ripple’s

March 4, 2023 2 mins read

Bitcoin NFTs to Gain an Average $4.5 Billion Market Cap

The recent talks about Bitcoin NFTs have gained massive attention. Post the launch of Ordinal at the start of the new year, the NFT marketplace saw a jump from leading NFT blockchains to Ordinals. Specifically, Ethereum and Solana were well-known leads in the field of NFT.   Another major hit was

March 4, 2023 1 min read

Is it Another Wave of Crypto Crash?

Another crypto industry giant Silvergate Capital is in danger of collapsing less than four months after Sam Bankman-Fried’s crypto exchange FTX and its sister company Alameda Research filed for bankruptcy. The global cryptocurrency market cap plummeted from $1.13 trillion to $1.02 trillion in just three days. The warning spread throughout

March 4, 2023 2 mins read

Crypto Exchange Coinbase Acquires One River Digital Asset Management

One River Digital Asset Management is a top institutional digital asset manager and SEC-registered investment advisor, and it was recently bought by Coinbase Global Inc., the biggest cryptocurrency exchange in the United States.  As a result of the purchase, One River will serve as Coinbase Asset Management’s flagship operation, advising

March 3, 2023 1 min read

Contributor to Tornado Cash Launches Another Privacy Tool

The renowned “coin mixer” Tornado Cash was prohibited in the United States last year. But, the Ethereum community has been hard at work on a solution, Privacy Pools, that they think would deter the federal government from interfering. In August, the U.S. Treasury Department placed restrictions on Tornado Cash because

March 3, 2023 1 min read

Crypto Market Witnessed $221M Liquidation in Just 12 Hours

Following prominent crypto exchanges such as the Coinbase announcement, which made its distance with Silvergate bank, Bitcoin, Ethereum, and the rest of the cryptocurrency market have taken a significant blow. A sharp decline in the price of Bitcoin and across the global crypto market has sparked a flood of liquidations. 

March 3, 2023 2 mins read