Crypto News
Maker Market Booms with Over 600 Addresses Completing MKR Trades in a Single Day
The Positive Potential of Maker (MKR) Coin in 2024 Introduction The starting point of 2024 has a positive outlook for the Maker (MKR) coin, suggesting that the year may be productive. Activity has increased, according to on-chain data, indicating a potential positive trend. Since the start of the year, the number of active addresses on…
Arbitrum DEXs Surpass Ethereum and Solana in Daily Transaction Volume: A Game-Changing Milestone
Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the past day, according to DeFillama data. During the reporting period, DEXs on Arbitrum saw their volume soar to $1.843 billion, surpassing Ethereum’s $1.444 billion and Solana’s $683.59…
Get Ready for a Wild Ride: The Bitcoin ETF Craze Sends the Market into a Frenzy Before a Sudden Drop
Get Ready for a Wild Ride: The Bitcoin ETF Craze Sends the Market into a Frenzy Before a Sudden Drop Description: Between Oct. 2023 and Jan. 2024, Bitcoin’s market saw significant price appreciation, heavily influenced by anticipation around the approval of a Bitcoin spot ETF. The market’s spot prices surged from roughly $25,000 to $45,000….
XRP Whale Makes Splashy Move During Price Rollercoaster: What’s the Big Fish Up To?
Hey there, crypto enthusiasts! What’s the deal with XRP whale activity? So, you may have heard about the recent buzz surrounding XRP and its whale activity in the crypto market. It seems like XRP just can’t stay out of the spotlight these days, can it? Well, hold onto your hats, because things are about to…
XRP Takes a Tumble: Short-Term Recovery Looks Bleak, But Don’t Panic Yet!
The Rollercoaster Ride of Cryptocurrency Prices What Happened to XRP? Over the past day, cryptocurrency prices have plummeted, with XRP being among the worst hit—it has lost 10% of its value while the market as a whole is reeling from extreme volatility. The price of XRP has dropped significantly and abruptly, causing a seismic shift…
Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns
Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns Overview Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors, according to a Jan. 4 statement on social media platform X (formerly Twitter). Celsius said the planned “significant” unstaking…
Unlock Your Crypto Fortune: The Top 10 Coins to Invest in by 2024
The Past, Present, and Future of Crypto Investing Introduction Over the past few years, Crypto has established itself as a notable player in the financial markets contending for a position in several investors’ portfolios. However, for those who are new to investing in the crypto market, grasping the current state of the industry and making…
Perplexity AI Raises $73.6M in Series B Funding, Boosting Valuation to $520M
Perplexity AI secures $73.6M in Series B funding, boosts valuation to $520M Perplexity AI’s Successful Funding Round Perplexity AI, a San Francisco-based startup specializing in AI-powered search engines, recently completed a significant Series B funding round, raising $73.6 million. The funding round was led by Institutional Venture Partners (IVP) and included a mix of venture…