VanEck, a major financial entity based in New York, has shared insights into Ethereum’s layer-2 (L2) solutions. The firm projects a $1 trillion valuation for L2s, highlighting their potential to outperform Ethereum. L2 technologies, such as zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs), address scalability by processing transactions off the main blockchain. This could position […]
Binance Still Bullish On These 3 Trending Crypto
The world’s largest crypto exchange Binance remained bullish on these 3 crypto and continued to expand support for them. The trending crypto are BOOK OF MEME (BOME), dogwifhat (WIF), and Jito (JTO) despite the broader market correction. Binance has been adding BOME, WIF, and JTO to its products and services, which led to massive rallies in […]
Paypal USD (PYUSD) Deployed As Funding Option On Xoom
Xoom, PayPal’s cross-border money transfer service has launched a new funding option that will allow U.S. users to finance international transfers using PayPal USD (PYUSD), its dedicated stablecoin pegged to the U.S. dollar. Paypal USD Deployed For Borderless Transactions According to the announcement from PayPal, Xoom users in the United States will pay no transaction […]
Crypto Stocks Spike as Markets Rally
The digital asset market has recorded slight gains in its weekly recovery efforts prompting an inflow to crypto stocks in the last 24 hours. This week, the stock market as well as cryptocurrencies lost ground gained in past months due to macroeconomic factors and industry movements. Crypto stocks are shares of companies linked to Bitcoin […]
18,060 Bitcoin Options & 270,440 Ethereum Options To Expire Today
Bitcoin and Ethereum prices take respite during volatile market conditions, with traders mostly staying away from making new trades amid uncertainty in the crypto market. Also, traders and investors are bracing for over $2 billion in Bitcoin and Ethereum options expiry on Friday. Bitcoin and Ethereum Options Expiry After the market saw one of the […]
Charles Hoskinson Highlights Wall Street Role Post Grayscale’s ADA Removal
In an attention-grabbing chronicle witnessed within the cryptocurrency universe, Cardano founder Charles Hoskinson recently took to a post on X, stating, “Wall Street give; Wall Street take,” pointing towards Grayscale’s recent removal of ADA in its GDLC (Grayscale Digital Large Cap Fund) portfolio. This statement by the Cardano founder underscored the influence of Wall Street […]
Decentralized Exchange Uniswap Surpass $2 Trillion Trading Volume
Uniswap, a top decentralized exchange (DEX) platform, has achieved a significant milestone by surpassing $2 trillion in trading volume. This monumental achievement, meticulously tracked by Zach Wong’s Dune Analytics dashboard, occurred around 11:55 a.m. UTC on April 5th. The magnitude of this accomplishment cannot be overstated, as it signifies Uniswap’s unrivaled position in the decentralized […]
Shiba Inu (SHIB) Spotlights Listing On Nexo, SHIB Price To Rally?
The Shiba Inu (SHIB) ecosystem is in a celebration mood as the token gets listed on the top crypto trading platform Nexo. Shiba Inu and its Numerous Listings Following this listing, SHIB holders can now buy, swap, borrow, and even transfer SHIB on Nexo. This offering is not available to residents of the United Kingdom. […]
Elon Musk’s xAI: Investors Eye $3 Bln Fund Injection, What’s Happening?
In an unprecedented turn of events, Elon Musk’s xAI is reportedly eyeing a $3 billion investment, as investors close to Musk are immersing in talks surrounding the investment, per a report by the Wall Street Journal. This investment, aimed at pushing the company’s value to $18 billion, will further position Musk’s generative AI as a […]
Coinbase To List Tensor NFT Token TNSR After Launch on April 8
Solana-based leading NFT marketplace Tensor recently announced the launch of its upcoming token TNSR scheduled to go live on April 8. Crypto exchange Coinbase was quick enough to announce support for the TNSR token. This introduction of the native TNSR token from the Tensor NFT marketplace with the end of Season 3 of Tensor’s rewards […]