While Bitcoin struggles to hit the coveted $100k threshold, several altcoins have taken the charge to post impressive rallies. One such is Binance Coin (BNB), which has soared to a new all-time high six months later. In just the past 24 hours, BNB has surged by over 22%, reaching a record high of $793 on CoinMarketCap. This remarkable rise brings its year-to-date gains to nearly 200%. As of December 4, BNB has surpassed Solana (SOL) in market capitalization, securing its...
Read More »Ethereum Dev Sees Coinbase Account ‘Nuked’ After Attempting USDC Transfer
“Coinbase just locked my account after trying to send $25,000 USDC,” reported Ethereum developer Eric Connor on Dec. 3. “Wasn’t Brian Armstrong just talking about debanking? Very cool!” he quipped. He added that the notification was “completely useless” as both paths to unlock the account required him to sign in, which he couldn’t do. “Service agent on the phone also completely useless,” he added. Coinbase just locked my account after trying to send $25k USDC Wasn’t...
Read More »Perennial Unveils a Novel Intent Layer for Perpetuals – Solving DeFi’s Fragmented Liquidity Problem
[PRESS RELEASE – New York, United States, December 3rd, 2024] Perennial announced the launch of Perennial Intents, a unique intents layer for perpetual futures, designed to unify DeFi’s fragmented liquidity landscape and deliver a centralized exchange trading experience on-chain. By sourcing liquidity from on-chain and off-chain venues, Perennial Intents is delivering deeper markets, better prices, and a unified trading experience designed to move DeFi forward. Tackling...
Read More »Coinbase’s Brian Armstrong Calls for Boycott of Legal Firms Employing Ex-SEC Officials
Coinbase CEO Brian Armstrong announced a bold stance against law firms hiring individuals associated with what he views as ethically questionable actions during the SEC’s “soon-to-be prior administration.” Armstrong revealed that the crypto exchange has already informed its legal partners that employing such individuals would result in the termination of their professional relationship with the company. Coinbase Cuts Ties with Milbank In a post on X, Armstrong revealed that...
Read More »This Metric Suggests BTC Could See Sharp Uptick Within the Next 2 Months
Bitcoin (BTC) currently ranges between $94,000 and $96,000, but on-chain signals suggest the cryptocurrency is on the verge of a massive breakout. Data from blockchain analytics platform CryptoQuant indicates that BTC could witness a sharp and significant uptick within the next one to two months. According to a report by pseudonymous digital asset analyst Crypto Dan, a signal usually seen once or twice in each bull market has just appeared. It indicates that BTC could...
Read More »Das Duell der Giganten: Ripple vs. SWIFT
Stellen Sie sich vor, ein kleines Startup würde versuchen, einen jahrzehntelangen Branchenriesen vom Thron zu stoßen. Unmöglich, oder? Nicht unbedingt, wenn es um die Kryptowährung Ripple und das etablierte Zahlungssystem SWIFT geht. Ripple, mit seiner bahnbrechenden Blockchain-Technologie, verspricht, internationale Überweisungen schneller, günstiger und sicherer zu machen. Aber kann es wirklich SWIFT, das Rückgrat des globalen Finanzwesens, ablösen? SWIFT, die Society for Worldwide...
Read More »Pump.fun Faces $22M Revenue Crash Amid Livestream Controversy
Pump.fun, the popular Solana-based meme coin launchpad, has seen its fortunes plummet following a series of alarming incidents tied to its livestream feature. The platform seems to be grappling with the fallout from a decision to temporarily pause its livestream function after users broadcast disturbing content in a bid to pump their tokens’ values. Weekly Income Nosedives Information from decentralized finance (DeFi) data aggregator DefiLlama shows that between November 18...
Read More »Here’s Why Shiba Inu’s (SHIB) 10% Daily Correction Could be Good News: Analysts
TL:DR; Shiba Inu surged on Sunday but retraced hard on Monday, alongside the rest of the market. However, certain analysts believe this could be the calm before the storm, and they even envision a new all-time high for the popular meme coin. SHIB’s Monday Downfall CryptoPotato reported yesterday the positive price developments around the second-biggest meme coin. At the time, SHIB was the top performer from the larger-cap alts, having surged by over 15% on a 24-hour scale....
Read More »AlphaX Exchange: Unlocking Decentralized Access to Crypto Trading
Crypto trading is a lucrative facet of the crypto market that involves speculating on crypto price movements to generate profits. However, most platforms offering this feature mandate traders undergo a know-your-customer (KYC) verification, eliminating anonymity. AlphaX seeks to make crypto trading a feature accessible to everyone regardless of their identity and geographical location. By eliminating KYC for most services and easing the onboarding process, the platform will...
Read More »Ripple Price Eyes $3 as XRP Goes Parabolic: Who Is Behind This Rally?
TL:DR; XRP continues to make the headlines, with another notable surge that pushed its price beyond $2.7 for the first time in almost seven years. On-chain data has attributed this mindblowing monthly rally to whales accumulating the asset, mostly on Coinbase. It almost seems like a repeat now when it comes down to XRP’s price performances in the past month and since Sunday, in particular, but there’s a lot going on around the asset. Recall that just yesterday, Ripple’s...
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