Memecoins drove Tron network revenue to new high over Q3: Messari
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.
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What are privacy coins and how do they differ from Bitcoin?
Cryptocurrencies are typically pseudonymous, but not necessarily private. Bitcoin (BTC) and other assets run on blockchains, with each transaction posted publicly online. During a transaction between two or more parties, assets move to different wallets, each represented by a string of characters. With these addresses and transactions visible to all, however, a certain level of trackability…

TikTok Owner Reportedly Working With Chinese State Media on Blockchain
Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper to develop business models that include blockchain and artificial intelligence (AI), Bloomberg reported on Dec. 14. TikTok may use blockchain and AI to fight DeepfakesThe joint venture was launched in the capital…

Bitcoin beats stocks, commodities to best performing asset of 2021
BTC is up almost 50% this year overall, brushing aside corrections and increasingly decoupling from the macro environment in Q4. 581 Total views 3 Total shares Bitcoin (BTC) is officially the best performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal…

Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’
Bitcoin (BTC) struggled to reclaim $20,000 support at the March 10 Wall Street open as fears mounted over Silicon Valley Bank (SVB) contagion.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader targets $18,000 BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it nursed fresh losses, reaching $19,569 on Bitstamp. The pair had seen further downside prior…

Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator.RSI forming higher lowsDubbed as Relative Strength Index, or RSI, the indicator measures the speed as well as change of directional price movements. It operates within a set range of numbers—between…

Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 276 Total views 13 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits…

Coinbase Card Now Available on Android Phones Through Google Pay
Coinbase Card users owning supported Android phones can now avoid using the physical card. Through an integration with Google Pay announced on March 17, the card can be emulated by a mobile phone.The Coinbase Card connects a holder’s cryptocurrency balance on the exchange, which is then used for spending crypto via an instant conversion to…

Binance to launch Africa crypto awareness tour as adoption ramps up
BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. 179 Total views 4 Total shares With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies…