Ethena, the synthetic dollar protocol, has forged a strategic partnership with Ceffu, aimed at leveraging the MirrorX solution on Binance. This collaboration signifies a milestone in facilitating off-exchange settlement and enhancing liquidity access for institutional clients. The partnership entails the integration of MirrorX with Binance Exchange since Ethena’s public launch in February 2024. Through this […]
Worldcoin Price Analysis: Is WLD Riding The AI Hype To $14 In March?
Wordcoin price analysis: WLD has been at the forefront of the crypto market’s recent optimistic trends, displaying a notable value increase. This surge is attributed to the increasing interest in AI tokens, propelling Worldcoin to new heights. As of now, Worldcoin boasts a price of $9.93, reflecting a modest gain of 0.60% within the last […]
Stop Anti Spot Ethereum ETF Campaign, ETH More Liquid Than Most S&P 500 Stocks
The success of spot Bitcoin ETFs within just two months of launch has clearly irked some lawmakers in the U.S. On Thursday, March 14, Senator Reed and Senator Butler wrote to the U.S. Securities and Exchange Commission (SEC) urging them to refrain from approving additional Exchange-Traded Products (ETPs) for alternative tokens beyond Bitcoin. Indirectly, the […]
Meme Coins Outperforming Bitcoin This Week
There has been a 7.2% decrease in the global market cap of the cryptocurrency market in the last 24 hours. The value of Ethereum dropped by 6.65% and is currently being traded below $4000. Popular meme cryptocurrencies such as Dogecoin, and Shiba Inu (SHIB) have also witnessed substantial declines in their values. Bitcoin price is […]
Cryptocurrency Funds Hit $3.4B Inflow Alongside US Stock Inflows
The financial markets have witnessed an influx into both cryptocurrency funds and US equity funds. Strategists at Bank of America, utilizing data from EPFR Global, have reported that for the week ending March 13, there was a notable surge in investments, marking a historic period for asset allocations. ❖ US stocks, crypto funds attract record […]
Bitcoin (BTC) Price Recoups $70,000 Showing Strength Before FOMC, Will ETH Catch Up?
After dropping all the way to $66,000 earlier on Thursday, the Bitcoin (BTC) price has registered a healthy bounce back all the way to $70,000 once again. As of press time, BTC is trading 1.32% up at a price of $69,269.64 with a market cap of 1.36 trillion. Bitcoin Investors ‘Buy The Dip’ In a […]
Reasons Jupiter (JUP) Price is Rising by 86%
Jupiter’s token (JUP) has surged by an impressive 183% over the past 30 days, even though it is still below its initial price of $2. The cryptocurrency market took a hit of nearly 8% yesterday, with Bitcoin price falling to $65,000 for the first time in over a week. Ethereum price also experienced a drop […]
Andrew Kang Acquires Pepe NFT in Sotheby’s 3AC Liquidation
Andrew Kang, co-founder of Mechanism Capital, has successfully acquired the original Pepe the Frog NFT. The major acquisition happened in a private sale conducted by Sotheby’s as part of the asset liquidation process of a now-defunct crypto hedge fund, Three Arrows Capital (3AC). However, intriguingly, the exact financial details of the sale remain undisclosed. Sotheby […]
Bitcoin (BTC) Profitability Drops as Whale Transactions Slump 46%
The long slump in the price of Bitcoin (BTC) over the past few days has triggered a reversed growth in the premier coin’s profitability overall. Compared to a few weeks ago, the number of profitable addresses on the network is now less than 100%. Bitcoin (BTC) Recording Sliding Metrics Besides the price of the cryptocurrency […]
Shiba Inu Price Rallies 10% As SHIB Burn Rockets 2600%, $0.00005 Looms?
In what comes as another remarkable event witnessed across the meme coin universe today, March 17, Shiba Inu, a prominent Ethereum-based meme coin, showcased a nearly 10% price rally, piquing the interest of crypto market enthusiasts globally. This phenomenal rally came riding a bullish wave of market optimism, aligning with today’s staggering SHIB burn upswing, […]