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Payment Use Cases Fuel Increasing Stablecoin Growth
12.4.2024
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
Stablecoin Market Expands by $4.46 Billion in 12 Days
12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...
Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police
12.4.2024
The victims of an investment fraud scheme have called on China to negotiate with the UK government to recover 61,000 Bitcoin seized in a money laundering investigation, valued at $4.3 billion at the time of publication.
The post Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Genshin Impact Developer Mihoyo Valued At $23 Billion
11.4.2024
The tenor of conversations around mobile and gacha games has shifted over the years. Though they were first met with derision for the widespread perception that they were cheap and inferior knockoff games, not to mention predatory due to their various mechanics and features often being closely tied...
Ethereum Price Prediction as ETH Sees $18 Billion Daily Trading Volume – Can ETH Overtake BTC?
10.4.2024
ETH has dropped by 3% in the past 24 hours, with the Ethereum price slipping to $3,524 on a day when the crypto market as a whole has fallen by 2.5%.
The post Ethereum Price Prediction as ETH Sees $18 Billion Daily Trading Volume – Can ETH Overtake BTC? appeared first on Cryptonews
P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL
10.4.2024
P2P.org unveils its Staking-as-a-Business model to facilitate staking services for institutional clients, achieving a milestone with more than $7.5 billion in assets under management.
The post P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL appeared first on Cryptonews
Former Ethereum Network Advisor Steven Nerayoff Files $9.6 Billion Lawsuit Against U.S. Government Over Cover-Up, False Charges
9.4.2024
Former advisor to the Ethereum network, Steven Nerayoff, is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, a Tuesday morning court filing reveals. Tuesday's...
Floki Price Prediction as FLOKI Reaches $2 Billion Market Cap – Are Whales Accumulating?
9.4.2024
Floki Price Prediction heats up as FLOKI hits a $2 billion cap, sparking debates on whale activities and its bullish market potential.
The post Floki Price Prediction as FLOKI Reaches $2 Billion Market Cap – Are Whales Accumulating? appeared first on Cryptonews
Las Vegas Sphere Takes BlockDAG to Heights, Analysts Predict 30,000x ROI Amid Solana Price Surge and BNB Smart Chain Upgrade
8.4.2024
Following the latest cryptocurrency events, BlockDAG knows how to run the market with unprecedented presale success. It is nearing $14.7M in its seventh batch, selling over 6.6 billion coins for 0.004, expected to generate 30,000x ROI post-launch. Celebrating the release of the Technical...
Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B
8.4.2024
A total of $646 million poured into crypto products last week, pushing the year-to-date inflows to an unprecedented $13.8 billion and surpassing the previous year's total of $10.6 billion.
The post Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B appeared first...
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
Solana Price Prediction as FTX Estate Sells $1.9 Billion Worth of SOL – Will SOL Rally Now?
7.4.2024
Solana Price Prediction In a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half...
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
6.4.2024
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings...
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
5.4.2024
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over...
Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over?
5.4.2024
Despite Dogecoin's recent price decline to $0.173, its resilience is evident with a $2 billion trading volume, solidifying its position in the cryptocurrency market's top 10.
The post Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over? appeared first on Cryptonews
DogWifHat Price Prediction as WIF Pulls Back From $4 Billion Market Cap – Can WIF Overtake Dogecoin?
5.4.2024
After hitting a $4 billion market cap last month, the Dogwifhat (WIF) price is pulling back sharply.
The post DogWifHat Price Prediction as WIF Pulls Back From $4 Billion Market Cap – Can WIF Overtake Dogecoin? appeared first on Cryptonews
Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin?
4.4.2024
DogWifHat's valuation soars to $4 billion, stirring debate if it can eclipse Dogecoin, driven by its robust market rally and celebrity backing.
The post DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin? appeared first on Cryptonews