Solana becomes the second-largest chain by DeFi TVL as revenue surges in Q 2024
Solana has risen to become the second-largest blockchain by DeFi TVL (surpassing Tron), while its app revenue saw an impressive 213% quarter-over-quarter surge. According to the State of Solana Q4 2024 report by Messari, Solana has climbed to the second-largest…...
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ATB Financial fuels crypto in Canada while big banks stay away
Canada’s crypto firms are stuck between two banking realities—ATB Financial, which welcomes Bitcoin and Ethereum businesses, and the country’s biggest banks, which want nothing to do with them. On Feb. 6, Bloomberg reported that ATB Financial, a government-owned bank in…...
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How Will Markets React to Today’s $2.5B Bitcoin Options Expiry?
Around 26,000 Bitcoin options contracts will expire on Friday, Feb. 7, and they have a notional value of roughly $2.5 billion. This week’s expiry event is about a third of the size of last week’s month-ending mammoth one. Therefore, there is likely to be a minimal influence on spot...
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Shiba Inu And The Big Reveal: A Memecoin No More, But A ‘Tech Powerhouse’
Shiba Inu is currently one of the top meme coins, with a market cap of $9.2 billion, trailing the other “top dog-themed coin,” Dogecoin. When meme coins pump, SHIB is one of the popular tokens that surge and dominate market activity. For Shytoshi Kusama, Shiba Inu lead developer, their...
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Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
Fed Board Governor Christopher Waller supports regulated stablecoins, as he believes they will help keep the US dollar as a global reserve currency....
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Ethereum ETFs added 16% of their lifetime inflows in one week—is a breakout coming?
Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch. With ETH stabilizing, could this signal a larger trend reversal? Spot Ethereum (ETH) ETFs have seen a surge in inflows over the…...
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BlackRock Expands Crypto Offerings With Bitcoin ETP in Europe: Report
BlackRock – the world’s largest asset manager, is gearing up to launch a Bitcoin-linked exchange-traded product (ETP) in Europe. This marks its first foray into the European crypto market. The fund is expected to be based in Switzerland. This move follows the success of BlackRock’s US-based iShares Bitcoin Trust...
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Dogecoin Poised For Growth As It Sights The Beginning Of A Major Uptrend Breakout
In the ongoing bull market cycle, Dogecoin has seen considerable upward movements reaching the $0.48 mark. Even though the dog-themed meme coin has since dropped to the $0.25 price level, it is likely to witness another bullish run, which could push DOGE to a new all-time high in this...
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Bitcoin Spikes Among Trump Media ETF Move, Ethereum, Dogecoin Drop — Top Analyst Eyes ETH At $14K On Breakout
The cryptocurrency market experienced a downturn on Thursday, with the global market capitalization falling 1.4% to $3.15 trillion, amid significant developments in institutional adoption and mixed traditional market performance. Cryptocurrency Gains +/- Price (Recorded at 8.37 p.m. ET) Bitcoin (CRYPTO: BTC) +0.6% $97,311.65 Ethereum (CRYPTO: ETH) -3.42% $2,698.76 Dogecoin...
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Bitcoin Shows Incredibly Bullish Symmetry At $97,000, Here Are The Details
Bitcoin (BTC) is showing strikingly bullish patterns as its price hovers around the $97,000 mark. Technical analysis points to a rare symmetry in Bitcoin’s price action, comparing the pioneer cryptocurrency to past trends and predicting a sharp move to new all-time highs. Bitcoin Price Action Mirrors Bullish Symmetry Patterns...
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