SUI charts 115% monthly gain as its ecosystem memecoins rally after USDC integration
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.
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Major Banks Santander, MUFG Lead $14M Investment in Securitize
Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of its Series A round to continue developing its technology platform.According to a press release on Sept. 24, three major investor banks included Santander’s…
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Nifty News: Enter the afterlife in style, Solana NFT game demo hits Epic store and more
The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meters) statue in Ancient Sparta encircled with 15,000 name-engraved stones.Spartan founder and CEO Joe De Sena plans to bury his ashes under his stone…
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$27K ‘max pain’ Bitcoin price is ultimate buy-the-dip opportunity, says research
Bitcoin (BTC) is facing calls for a significant price dip this week, and while some favor $30,000, there may be a safer bottom to long BTC.In a tweet on April 28, on-chain analysis platform Whalemap used whale support to determine where "many" investors should enter the market.Should hodlers hope for "max pain"?With Bitcoin whales in…
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Bitcoin still dominates total payments on BitPay despite the bear market
Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022. 524 Total views 26 Total shares The cryptocurrency bear market has had an impact on how people pay with crypto, but Bitcoin (BTC) remains a major payment tool despite huge volatility,…
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Coinbase earnings show the company is now much more than just an exchange
Coinbase, a leading U.S. cryptocurrency exchange, shared its 2Q results on August 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, USD million. Source: CoinbaseHowever, the exchange took a hit…
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BTC must reclaim $106K before a 'new round of price discovery' — Traders
A crypto trader says a move back to $106,000 is needed for Bitcoin to confirm another uptrend. However, some think a dip to $85,000 is still on the table.
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Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger the…