The Stellar Testnet protocol just got upgraded to Protocol 21 as one of the most important steps in the blockchain’s smart contract evolution. According to the update it shared on its official X account, with this testnet upgrade, Stellar is now well-positioned to actualize the rest of the milestones in its roadmap. Stellar Protocol 21 […]
Goldman Sachs predicts first of four US rate cuts to occur in June
Goldman Sachs economists have recently updated their predictions for when the Federal Reserve will cut interest rates. Initially, they expected five rate cuts in 2024 but have now adjusted this to four, with the first cut anticipated in June, not sooner. This change comes after considering comments from Federal Reserve officials and the latest policy […]
Bitcoin ETF Sees $100M Influx Signaling Positive Road Ahead
The U.S. Spot Bitcoin ETF segment has started the week on a positive note, while the momentum seems to be continuing. Notably, over the first two days of the week, the U.S. Spot Bitcoin ETF has noted an influx of nearly $170 million, after noting three days of outflux last week. Meanwhile, the recent inflow data also reflects the growing confidence of […]
Crypto Prices Today: Bitcoin Drops To $50K, PEPE Rebounds As Uniswap Soars 70%
The top crypto prices today saw a major pullback as the Bitcoin (BTC) price dropped below $51,000. In addition, Ethereum got rejected from the $3,000 level amid the bearish turn. Meanwhile, other top altcoins, such as Solana (SOL) and Cardano (ADA) lost significant value. Major Crypto Prices Today The Bitcoin price extended below the $51,000 […]
Crypto Price Analysis 15/5: BTC and SOL Surge 2%, Pepe Coin Rallies 9%
Crypto Price Analysis: On Wednesday, the Bitcoin price surged to 2% to regain the $62000 mark, immediately invalidating the sellers’ attempt to push the asset below $60k. This occasional upswing in uplifting several bitcoins into a relief rally but that lack momentum for sustainable growth. Santiment, a leading crypto analytics firm, has reported a significant […]
Render (RNDR) Vs Worldcoin (WLD): Which AI coin is likely to Hit $10 First?
AI coins have been the talk of the cryptocurrency market recently, due to the astounding surges in their prices by over 30%. This surge has been fueled by the announcement of Nvidia’s strong financial performance in Q4 fiscal 2024 and OpenAI’s introduction of Sora, a text-to-video AI model that can create lifelike videos from basic […]
3 Best Performing Gaming Altcoins Today
The gaming cryptocurrency sector has seen growth with a global market cap of around $22.8 billion, experiencing an impressive 18.6% increase in trading volume to reach about $2.3 billion. Numerous altcoins have been drawing interest due to their strong performances. Let’s explore the world of three gaming altcoins that are gaining attention today: Floki Inu […]
Ethereum Holders Benefit from Arbitrum’s $72.8M Revenue Ahead of Dencun
Reaching a remarkable milestone to showcase the potential of layer-2 scaling solutions, Arbitrum has reported a staggering $72.8 million in revenue over the last 365 days. This figure underscores the protocol’s significant contribution to the Ethereum ecosystem. It highlights a unique revenue distribution model where $ETH holders, rather than $ARB holders, have reaped the majority […]
Binance Burns Additional Terra Luna Classic (LUNC) Tokens After Monthly Burn
The world’s largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed over 59 […]
AI News: 5 Takeaways From Nvidia’s Earnings that Could Spark Market Trends
The AI industry saw a sentimental boost in investor opinion as Nvidia posted extremely upbeat results. With $22.1 billion in revenue for the quarter, Nvidia reported adjusted profits per share (EPS) of $5.16. Revenue of $20.4 billion and profits per share of $4.60 were the projections made by analysts. Nvidia reported an EPS of $0.88 […]