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Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
2.6.2024
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers...
Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
29.5.2024
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest...
Decoding FDV: The Importance of Fully Diluted Valuation in Crypto Investments
25.5.2024
In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation (FDV) has become essential for investors looking to better evaluate the current value of cryptocurrency projects, as well as better predict the long-term value and risks associated with them....
BlockDAG’s dashboard innovation forecasts a $30 valuation by 2030, surpassing Ethereum and Pyth Network
22.5.2024
BlockDAG has introduced a pivotal update to its platform, a user-focused dashboard that offers instantaneous updates and detailed views of transaction activities. This enhancement is critical as Ethereum continues to exhibit bullish tendencies, and the Pyth Network reshapes access to data with...
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
22.5.2024
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s...
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
21.5.2024
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...
Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion
16.5.2024
Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion.
The post Humanity Protocol Achieves Unicorn Status with $30 Million Funding, Valuation Reaches $1 Billion appeared first on Cryptonews
LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
4.5.2024
The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value.
The post LayerZero...
The rise of the Chinese AI unicorns doing battle with OpenAI
3.5.2024
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country
Meme coin valuation: Could Slothana be Solana’s next major hit?
26.4.2024
During the latest bull run, meme coins based on Solana have captured significant interest, with some projects on this blockchain bringing significant returns. Now, it appears there’s a new competitor in the space that might surge in the coming weeks – Slothana ($SLOTH). Many experts...
Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
19.4.2024
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market...
Popular Analyst Plan B Predicts Bitcoin Price to Surpass $300,000 in 2025 – Here’s How
18.4.2024
Bitcoin price predictions are heating up, with analyst Plan B forecasting a potential $300,000 valuation by 2025. Discover the factors influencing this projection, including the upcoming halving event, the Stock-to-Flow model, and growing institutional interest. Explore insights from other experts...
Citadel-Backed Hidden Road Partners Targets $120M in Series B
18.4.2024
Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation.
The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews
Ripple CEO Projects Crypto Market to Double to $5T Valuation By Year’s End
8.4.2024
Ripple CEO Brad Garlinghouse anticipates that the crypto market capitalization will exceed $5 trillion by the end of the current year.
The post Ripple CEO Projects Crypto Market to Double to $5T Valuation By Year’s End appeared first on Cryptonews
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...
Ethereum Layer-2 valuation is expected to reach $1 trillion by 2030
4.4.2024
The valuation of Ethereum layer-2s is predicted to reach a massive milestone of $1 trillion by the end of 2030. This is based on the fundamental analysis of five key areas under the lenses of user experience, developer experience, and technical capability. Key areas in the conversation...
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
4.4.2024
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming
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
Wormhole Debuts at $3B Valuation in 617M Token Airdrop
3.4.2024
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W