The popular meme coin – Shiba Inu (SHIB) – has been one of the best-performing top 20 cryptocurrencies in the past seven days, with its price jumping by over 17% (per CoinGecko’s data). It witnessed a 7% increase in 24 hours, and in the following lines, we will outline the possible reasons behind the impressive […]
Bitfinex analysts have warned crypto investors to be cautious as bitcoin’s (BTC) recovery over the weekend is not a sign that its correction is over; the asset could witness more bloodshed in the near term. In the latest Bitfinex Alpha report, experts deemed the market’s reaction this week critical, especially as supply alleviated over the […]
[PRESS RELEASE – Dubai, United Arab Emirates, July 15th, 2024] Flare, the layer 1 blockchain for data, is delighted to announce that the SparkDEX team has chosen to deploy its advanced decentralized finance hub on the network, featuring an AMM and perps protocol. In doing so, SparkDEX will leverage Flare’s enshrined data protocols for decentralized […]
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September […]
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become […]
TL;DR XRP saw a notable price increase recently, outperforming major cryptocurrencies. Certain analysts predict additional gains if the asset maintains key resistance levels. Is XRP Poised for Further Gains? The cryptocurrency sector experienced a significant rally in the past few days, with its global market capitalization surpassing the $2.4 trillion mark (per CoinGecko’s data). Many […]
According to Forbes data, Argentina currently has the highest crypto adoption rate compared to every other nation in the Western Hemisphere. Ever-surging inflation of the local currency, Peso, and complex access to the dollar have been the primary drivers behind the current adoption of crypto assets, primarily USDT. Argentina Leads Crypto Adoption A Forbes report […]
Metaplanet, an investment firm based in Japan, has made a Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million) to add to its holdings. This comes as Bitcoin trades at $57,652, down 8% over the last week, struggling to reclaim the $60,000 mark. Metaplanet Expands Bitcoin Holdings In a press release dated July 8, […]
Kraken and Spanish Football Club Atlético de Madrid Shake Hands on a Major Sponsorship Deal: Details
TL;DR Kraken has partnered with Atlético de Madrid as its Official Crypto and Web3 Partner and Official Sleeve Partner, aiming to bridge the cryptocurrency industry and the sports world. The initiative aims to enhance fans’ digital experiences and promote cryptocurrency education. The Terms of the Collaboration The US-based cryptocurrency exchange – Kraken – announced its […]
The Bitcoin price has recovered above the pivotal $60K mark, causing many to believe that the bulls are back and a larger rally is in play. At the time of this writing, BTC trades at above $61K, charting an increase of more than 4% in the past 24 hours alone. Source: TradingView As seen […]