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Stephen bullish on EGLD: $240 target sooner than expected?

4.3.2024
EGLD has been on a bearish run for a long time. However, Stephen S., a notable crypto enthusiast, believes that EGLD has finally hit the bull run. It is fundamentally backed by a strong TPS of 100k+. Moreover, MultiversX did study the drawbacks of Bitcoin and Ethereum so as to solve them...

EigenLayer’s TVL reaches $10 billion, indicating a DeFi peak

4.3.2024
EigenLayer has experienced remarkable growth, as evidenced by the significant increase in asset value from $1.1 billion at the beginning of the year to an extraordinary $10 billion, equivalent to approximately 2.93 million ether. This surge reinforces the growing confidence and interest...

Utility demand burned over $1.12 million FLOKI tokens in a week

4.3.2024
The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary...

Bitcoin ETFs touch $7.6 billion in volume

29.2.2024
Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line...

Floki staking TVL peaks at $137 million

28.2.2024
Floki announced surpassing the previous high in terms of staking, with the tokens worth $137 million, effectively leaving circulation. Users have staked the tokens in the Floki Staking Program and broken the previous high of $105 million, which was recorded less than 24 hours ago. The community...

Bitcoin reaches a 2-year high value of $57,000

27.2.2024
Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven...

AI & Crypto collide? OpenAI seeks $7T for Sora AI

22.2.2024
Sam Altman, the Chief Executive Officer of Open AI, said that they are targeting to raise $7 trillion in funding for Sora, a text-to-video model. Sora basically creates a video based on the verbal prompt. Sam plans to utilize the funds to design and manufacture chips for the model. What has sparked...

Startale Labs gets $3.5M from Samsung Next and UOB Venture Management

22.2.2024
Startale Labs announced raising $3.5 million in the Seed Extension Round to boost the development of its Web3 product. Samsung Next and UOB Venture Management raise the funds. This brings the total seed fund to $7 million, including $3.5 million of funds it secured in September 2023 from Sony...

Dogecoin soars: Adoption boost eyes rally above $0.15

20.2.2024
DOGE (Dogecoin) is quickly gaining market strength after a long slump. Starting this week, the original meme coin has outpaced Bitcoin and other altcoins. With 7.10% growth in the past seven days, DOGE is trading at $0.08821. The coin has also made it back to the top 10 cryptocurrencies based...

Bitcoin crossing $50k opens the space for $60k before summer

19.2.2024
Bitcoin last danced below $50,000 on February 14, 2024, and has since then experienced a new height. BTC has maintained the jump above $50,000 conveniently, now opening up to speculation that it could soon surpass the milestone of $60,000 by summer, that is, June. Analysts said that Bitcoin...

XRP aims for $0.65: Can bulls hit the target this year?

19.2.2024
XRP is currently being traded at $0.561. According to bullish speculation, the token is anticipated to transcend that milestone soon and reach $0.65. Amid the legal dispute between Ripple and the SEC, even though the distinction is minor, it may prove to be a difficult nut to split. Despite this...

FixedFloat hit by a $26 million crypto heist

19.2.2024
FixedFloat Exchange, a crypto exchange, has been hacked and claimed to have lost bitcoin and ether worth $26.1 million, as per an analysis of the on-chain data. As a result of this concerning decline in activity, the exchange is presently closed for maintenance purposes; the future of...

Ledger Live and Coinify’s fiat on-ramp manage $VET and $VTHO

19.2.2024
VeChain announced that two of its core tokens, namely VET and VTHO, are available on Ledger Live and Coinify’s fiat on-ramp. Calling it a technical integration, VeChain said that the move is a testament to their commitment to providing a better experience to the community. Ledger Live enables...

Coinbase sales rose to $954M in Q4 amid market bounce

16.2.2024
Coinbase reported a surge in its revenue in the fourth quarter of the previous year, that is, 2023. The revenue jumped to $954 million, with trading volume up to $154 billion. That includes the institutional volume of $125 billion. The surge came amid the market rebound. Most of it is credited...

USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor

16.2.2024
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...

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