In the rapidly expanding realm of Decentralized Finance (DeFi), a newcomer named Sui, a Layer 1 blockchain built for scaling DeFi applications, has gone through an exhilarating journey. At the beginning of 2024, Sui experienced remarkable growth, with its Total Value Locked (TVL) – indicating the combined value of cryptocurrencies deposited in its DeFi protocols … Read more
Metaplanet, a company that provides infrastructure for Web3 applications, experienced a significant increase of 90% in its Tokyo-traded stock within two days. This surge occurred soon after the firm revealed it had bought approximately $6.56 million worth of Bitcoin (BTC). Initially, Metaplanet stated that this purchase aimed to minimize its reliance on the Japanese yen … Read more
The widespread use of Web3 projects and digital assets is strongly connected to the availability of trustworthy crypto custodians like Ripple Labs’ Metaco. Additionally, the tokenization of real-world assets (RWA) has experienced significant growth over the past year, spearheaded by prominent companies such as BlackRock Inc. (NYSE: BLK). In simpler terms, the increased acceptance of … Read more
Crypto stocks in the US had a promising start to the week, with their prices increasing. Coincidentally, Bitcoin, the biggest digital currency, hovered near its record-breaking price of $73,000. Crypto Stocks Trading Higher Based on Coindesk’s latest update, Coinbase Global Inc (NASDAQ: COIN) experienced a 6.68% rise in share price to $256.99. Having debuted as … Read more
An individual who identifies as an expert on VeChain (VET) has made a daring prediction about the token’s future value. According to this person, the current lackluster price movement is intentional on the part of the team and that VET will experience a significant price surge when the right moment arrives. VeChain Will “Reach The … Read more
Currently, Chinese authorities are examining the main figures in STFIL, a liquid staking platform based on the Filecoin blockchain. According to an announcement on X made on Tuesday, some of these individuals have been taken into custody for reasons that haven’t yet been disclosed. In the midst of current ambiguity, over 2.5 million Filecoin tokens … Read more
At the ongoing Paris Blockchain Week, Binance CEO Richard Teng shared that Binance is holding discussions with several cryptocurrency-friendly locations to determine its next headquarters. Despite being one of the biggest crypto exchanges in terms of trading volumes worldwide, Binance has yet to secure a permanent base for its operations. In recent times, regulatory bodies … Read more
In observance of Financial Literacy Month, Michigan Attorney General Dana Nessel has taken the initiative to educate the public about the potential dangers of increasing crypto scams. Her renewed alert titled “Cryptocurrency: Understanding the Risks” highlights the speculative and unstable nature of digital currencies in today’s financial markets. During Financial Literacy Month, it’s important to … Read more
Arthur Hayes, an American investor and co-founder of the cryptocurrency exchange BitMEX, has again expressed his views on how Bitcoin (BTC) might behave before and after the upcoming halving event, predicted to take place between April 16 and 20 this year. The ex-CEO of BitMEX wrote in his recent blog named “Heatwave,” anticipating tough times … Read more
Certain cryptocurrencies, such as Dogecoin (DOGE) and Ethereum (ETH), have seen impressive gains over the last five days, with DOGE rising by more than 21% and ETH adding 16%. In contrast, Solana (SOL) has lagged behind, dropping in value instead of joining the bullish trend. Presently, its price is lower than it was during the … Read more