During the first quarter, Coinbase’s active users increased by 120% while trade volumes tripled. The first quarter revenue of leading U.S.-based crypto exchange, Coinbase, more than tripled its Q4 2020 performance. According to documents filed with the U.S. Securities and Exchange Commission, Coinbase generated earnings of $3.05 per share and […]
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South Korea’s central bank is the latest entity seeking powers to monitor crypto trading activity in the country. The Bank of Korea reportedly has plans to maintain strict oversight on crypto trading activity via real-name bank accounts. According to a report by The Korea Herald on Thursday, the BOK is […]
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Tesla’s decision to cease Bitcoin payments ignited a green energy debate that sent the price of low energy consumption protocols like NANO, HBAR and EWT higher.
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An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance.
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It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip.
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The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating as […]
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In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies. In an interview with New […]
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Ether now accounts for 19.2% of the overall cryptocurrency market, whereas Bitcoin dominance has fallen to 40.7%. The market capitalization of Ether (ETH) has increased at a much faster rate than Bitcoin’s (BTC) over the past year, highlighting the relative outperformance of ETH versus BTC over that period. In its […]
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Time to buy or wait and see? Bitcoin may have further to fall, but long-term price trends are still intact. Bitcoin (BTC) dipped below $50,000 again on Thursday as the fallout from Elon Musk’s criticism continued to resonate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders wait for telltale buy […]
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The Bitcoin Elon Musk negativity effect continues to weigh on bitcoin, but the investigation of Binance by US regulators is adding to the bearish woes, with the virtual currency failing to find a bottom. The selling pressure was set in motion by the shock revelation that Tesla will no longer […]
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Boxing legend Floyd Mayweather will release his own NFTs before the upcoming bout with Youtuber Logan Paul. The exclusive collection celebrates Mayweather’s legacy in life and sport with unique items. Floyd remained undefeated throughout his professional career after winning major titles in multiple weight classes. NFT Collection to Feature Rare […]
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The leading blockchain Virtual Reality (VR) Metaverse platform Dvision Network is set to migrate to the Binance Smart Chain network through the cross-chain bridge. Dvision Network has changed the blockchain space by offering users an ecosystem that encompasses NFTs and virtual reality. The migration to Binance Smart Chain could prove […]
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Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees, […]
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Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the Department of Justice (DOJ) under the assumption that it could be immersed in money laundering transactions. The investigation will also include inquiries from the Internal Revenue Service (IRS), which has been recently investigating a […]
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Traders bullish on Ether have a $109 million advantage heading into the $730 million ETH options expiry on May 14.
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