Archives par catégorie: Business

Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member

Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member

The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it.  As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it might offer crypto-enabled banking services.  Coinbase Is Transitioning From Crypto Exchange In a Twitter thread, Birla recounted Coinbase’s mission, vision, […]

Vitalik Buterin And Ethereum Foundation Selling ETH – Will Prices Fall?

Vitalik Buterin And Ethereum Foundation Selling ETH – Will Prices Fall?

Ethereum supporters are confident that prices will break the $2,000 level. However, recent moves by its founder, Vitalik Buterin, and the Ethereum Foundation, the team managing the smart contracting platform, raises concerns, especially from coin holders and traders, on whether the coin has what it needs to break above key resistance levels. ETH Transfer Raises […]

Upcoming Ethereum Upgrade To Reduce Fees – Details

Upcoming Ethereum Upgrade To Reduce Fees – Details

The second largest crypto blockchain Ethereum is preparing for a new upgrade that will reduce transaction fees on the network. The upgrade tagged “Dencun” will also introduce more use cases for Ethereum.  Notably, Ethereum Foundation made the announcement of Dencun upgrade just three weeks after the Shapella upgrade. With the upcoming Dencun upgrade, Ethereum network […]

Polygon Bears Gain Ground As MATIC Continues To Retreat

Polygon Bears Gain Ground As MATIC Continues To Retreat

Polygon (MATIC) is slightly shedding its gains today as the bears aim to seize control of its price. Despite the price fluctuations, its trading volume is up by 16%, indicating growing interest from traders.  Polygon has dropped below the $1 mark since April 23. However, it trades within the $0.9 and $1 price range. What’s […]

Dogecoin (DOGE) Stuck In Bearish Trend – When Will It Get Out?

Dogecoin (DOGE) Stuck In Bearish Trend – When Will It Get Out?

The Dogecoin market saw a significant drop in price on May 4 to a low of $0.077 but eventually increased by 5.19% the next day. Despite the bear’s pressure, Dogecoin bulls are struggling to regain positive market sentiment.  Notably, the Dogecoin price has experienced a slight 0.53% increase within 24 hours. According to CoinMarketCap, DOGE […]

Ethereum (ETH) Booming Deposits: Insights On Potential Price Outcome

Ethereum (ETH) Booming Deposits: Insights On Potential Price Outcome

Ethereum (ETH) has experienced a series of corrections in the last few weeks, following a rally over the past few months. According to a recent report by Santiment, investors are actively depositing ETH to various crypto exchanges, and this activity has reached its highest level in the past eight months.  While this trend may suggest […]

Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has decreased. Recent data from Braiins showed that Bitcoin computing power experienced a drop of over 45+ EH/s […]

New York Attorney General Proposes New Crypto Regulatory Act

New York Attorney General Proposes New Crypto Regulatory Act

New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the space is enduring “rampant fraud and dysfunction”. This new set of crypto regulations would impose independent public audits of crypto exchanges, ensuring that New York residents do not lose their cryptocurrency investments […]

BRC-20 Token Standard A Hotspot For New Memecoins As PEPE Soars

BRC-20 Token Standard A Hotspot For New Memecoins As PEPE Soars

The memecoin ecosystem has once again brought magic to crypto investors as PEPE the frog records massive gains and unbelievable numbers. The now popular PEPE meme token based on Ethereum was originally inspired by the Bitcoin BRC-20 PEPE which launched earlier in March, 2023. PEPE’s exponential price growth in its barely first month recorded close […]

Study: Shiba Inu (SHIB) Is More Of A Successful Memecoin Than PEPE and DOGE

Study: Shiba Inu (SHIB) Is More Of A Successful Memecoin Than PEPE and DOGE

Regarding meme coins, there is no denying that Shiba Inu (SHIB) has been one of the most talked-about tokens in recent times. Its success is partly due to its captivating name and adorable mascot, which has been a hit with social media users.  However, beyond the hype, how does SHIB compare to other meme coins […]

Bitcoin Breaks Out: Experts Predict $36,000 Target As Market Outlook Remains Positive

Bitcoin Breaks Out: Experts Predict $36,000 Target As Market Outlook Remains Positive

Bitcoin (BTC), the world’s largest cryptocurrency, could be set for a significant price surge in the coming weeks, according to experts at Matrixport, a leading provider of cryptocurrency financial services. The company has projected a target of $36,000 for Bitcoin, based on a technical breakout that signals a strong rally amidst a positive market outlook […]

Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin

Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin

The former US Department of Justice Attorney General Robert Francis Kennedy Jr, recently lamented the growing financial censorship worldwide and showed support for Bitcoin. The financial censorship of political enemies is something we’re used to seeing under authoritarian regimes. No one was surprised when Russia froze more than 100 bank accounts tied to opposition leader […]

Pro-XRP Lawyer Castigates The SEC’s Argument Saying It’s Unfounded And Absurd

Pro-XRP Lawyer Castigates The SEC’s Argument Saying It’s Unfounded And Absurd

Pro-XRP lawyer representing thousands of XRP holders as Amicus Curiae has slammed the US SEC’s position in the ongoing Ripple lawsuit. In a tweet, John Deaton claims the SEC undermined its once credible case by quoting an unrelated legal document. Deaton believes the document, dubbed ECF 640, supported his claim when the SEC stated that the […]

PEPE Market Cap Crosses $1 Billion As Gemini Listing Rumors Spread

PEPE Market Cap Crosses $1 Billion As Gemini Listing Rumors Spread

Crypto Twitter’s favorite new meme coin Pepecoin (PEPE) has hit another milestone. With an impressive rally over the last 24 hours, the coin crossed the $1 billion market cap mark and has now solidified its position as a top 100 cryptocurrency. But after rallying over 20,000x since its launch three weeks ago, what could be […]

Coinbase Q1 Report: Net Revenue Skyrockets 22% Quarter-Over-Quarter

Coinbase Q1 Report: Net Revenue Skyrockets 22% Quarter-Over-Quarter

Coinbase, one of the leading cryptocurrency exchanges, has reported impressive results for the first quarter of 2023. The company’s efforts toward building a more efficient and financially disciplined business have started to pay off. Despite a net loss of $79 million, Coinbase returned to positive Adjusted EBITDA, earnings before interests, taxes, and amortization, of $284 […]

Ripple Could Gain A New Ally Against The SEC, BitBoy

Ripple Could Gain A New Ally Against The SEC, BitBoy

Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the largest US-based crypto exchange, Coinbase, which recently filed a petition against the SEC. Bitboy’s revelation […]

Mystery Wallet Burns 1.69 Billion Shiba Inu, Will It Result In Price Bump?

Mystery Wallet Burns 1.69 Billion Shiba Inu, Will It Result In Price Bump?

An unidentified Shiba Inu wallet holder burnt about 1.69 billion SHIB in a single transaction. This burn event caused the overall SHIB burn rate to increase by 38,986.28%, exceeding yesterday’s burn rate of 1.34 million SHIB. SHIB burn events are critical to its price movement since they eliminate excess tokens in circulation and the 1.69 […]