Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the recent banking turmoil, ongoing recession and ‘signs of another global economic crisis,’ cryptocurrencies are – once again – emerging as...
PayPal’s crypto holdings rose 56% in Q1 2023 per a recent submission to the U.S. Securities and Exchange Commission (SEC). In Q1 2023, PayPal’s cryptocurrency assets comprised $499m in bitcoin (BTC), up from $291m in December; $362m in ethereum (ETH), an increase from...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gas fees on the Ethereum network seem to be high again after a trader paid 64 ETH, worth around $120,000, for a single transaction. 64 ETH for one transaction ...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Data show that bitcoin (BTC) daily transactions have hit a new all-time high, while the number of addresses sending to exchanges has reached a 6-month low. Bitcoin’s bullish momentum...
On a recent episode of the All-In podcast, technology investor Chamath Palihapitiya sent shockwaves through the crypto community by declaring, “Crypto is dead in America.” He attributed this startling assertion to the intensified regulatory efforts of U.S. authorities, singling out SEC Chairman Gary...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global decentralized finance (DeFi) total value locked (TVL) has dropped to a 5-week low. The downward movement started amid the fall of the total cryptocurrency market capitalization from...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The rise of the digital yuan, China’s national central bank digital currency (CBDC), helped some crypto-related stocks surge while the cryptocurrency market has been facing notable drops. On April...
Currently hosting 370 locations, Australia has surpassed Asia’s total number of crypto ATMs and now ranks third globally. The global crypto ATM market has experienced significant growth in recent years. The United States led the charge with 29,002 locations, followed by Canada at...
Crypto exchange Huobi Global has recorded a profit of $30 million in the first quarter of 2023. Justin Sun, Tron founder and Huobi Global advisor, expects profits to rise fourfold in Q2, following measures implemented to reduce costs and boost efficiency. Sun announced...
As a result of the increased interest in digital collectibles sparked by replicas of a top NFT line, the total number of bitcoin ordinals has already surpassed 550,000. According to a study published by Dune Analytics, the total daily transaction costs for minting...