Crypto news

Despite the launch of a slew of blockchain networks offering lower fees and faster transaction times, Ethereum’s dominance continues, and users seem willing to pay higher fees. As such, Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, according to data compiled by Lookonchain. With a whopping $2.728 billion, Ethereum clearly leads the pack in fees, while Bitcoin follows in second place, generating $1.30 billion in fees. According to the popular on-chain...

As Venezuela faces knee-deep hyperinflation and the Venezuelan bolívar drops in value steeply, those outside the country have turned to crypto to send funds to their family. The amounts have increased every year minus 2018. While such remittances traditionally occur through financial services companies specializing in cross-border payments, steep fees, long waiting times, and currency supply issues make it inconvenient for most. So, crypto has become how citizens receive funds from their...

Solana meme coins have recently taken the crypto space by storm. They have been making incredible gains, leading the market regarding trading volume and interest. However, where there’s a significant reward, there’s always considerable risk. 90% of the low-cap meme coins found on Solana usually go to zero, and if you’re a new trader who wants to get in on the hype, chances are, you won’t catch the coins that make it out of the trenches.  That’s why crypto experts recommend that...

US House and Senate will be tasked with voting on Biden vetoing legislators choosing to repeal the SEC’s Staff Accounting Bulletin (SAB 121) in May. This guidance received a bipartisan vote to stop it from going through, as it needed financial institutions to record their digital asset holdings on their balance sheets. Doing that would make it harder for institutions to integrate crypto-related products, stifling the mainstream adoption of the asset class. While the bipartisan vote to stop...

TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader cryptocurrency market correction. Ondo (ONDO) Real-world Assets (RWA) have increased their popularity in the past several months. They can represent physical objects or...

Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally further is fundamentally due to the tightening monetary policy in the U.S. since March 2022,” they reported on July 3. As a result, the overall stablecoin supply started to decline in early 2022 when the Federal Reserve started raising interest rates. Conditions for $BTC to...

BTC ETFs witnessed the largest inflows in the past month, recording $143.1 million on July 5 despite concerning BTC price movement. The inflows display investors’ willingness to buy the dip and hold on until the asset’s price rises again. Analysts suggest that BTC is still bullish despite temporary setbacks caused by events like Mt. Gox repayments and the German government offloading millions of dollars in BTC to centralized exchanges (CEXs). They feel the asset will take an upward...

As the Nigerian SEC’s money laundering case against Binance continues, the Central Bank of Nigeria (CBN) on July 5 claimed that the exchange facilitated illegal transactions. According to Dr Olubukola Akinwunmi, Head of Payment Policy and Regulation at the CBN, Binance conducted banking and financial services without appropriate authorizations. Dr Akinwunmi testified in the Federal High Court of Abuja in front of Judge Emeka Nwite that the services Binance offered are reserved for banking...

TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run might have peaked due to recent events like Bitcoin ETF approvals and meme coin trends. The End of the Bull Market or Just a Normal...

Die Revolut Metal-Karte ist mehr als nur ein Zahlungsmittel. Sie ist ein Statement, ein Lifestyle-Accessoire und ein finanzielles Werkzeug in einem. Mit ihrem eleganten Design aus verstärktem Stahl zieht sie sofort die Blicke auf sich und vermittelt ein Gefühl von Exklusivität. Doch die Metal-Karte ist nicht nur schön anzusehen, sie bietet auch eine Vielzahl an Vorteilen, die weit über das hinausgehen, was herkömmliche Karten bieten. Revolut Metal-Kunden genießen eine Reihe...