Markets

As the cryptocurrency market continues to evolve, key players like TRON, Hedera, and BlockDAG are making notable advances in attracting investor interest and market traction. TRON has seen a significant increase of 77.7% year-to-date, benefiting from the growing enthusiasm for altcoins. Hedera also impresses with a yearly growth of 58.85%, showing strong market potential. Amidst these trends, BlockDAG has captured the global spotlight with an eye-catching display...

Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin Zhao first named Bitcoin Virtual Machine (BitVM) among Bitcoin’s “most anticipated” next generation of applications. Published by Robin Linus...

TL;DR CoinGate, a blockchain payment processor, has added Shiba Inu as a payment method, integrating it with Polygon and Binance Smart Chain. SHIB’s price experienced an uptick lately, while its market capitalization neared $14 billion. Enabling SHIB Payments CoinGate – a blockchain payment processor headquartered in Lithuania – became the latest entity to embrace the popular meme coin – Shiba Inu – as a payment method. To do so, it integrated SHIB with Polygon and Binance...

Since its much-hyped debut during the latest Bitcoin halving, activity on the Runes protocol has experienced a significant downturn. The protocol, which allows users to create fungible tokens on the Bitcoin blockchain, saw a surge in transactions initially but has since declined in activity, particularly on May 10. Runes Protocol Decline According to data from a Dune Analytics dashboard, the protocol’s fee revenue has steadily decreased following its launch. While Runes...

As the financial market landscape evolves, the intersection of traditional markets and cryptocurrency has sparked innovation and opportunities with new players such as RCO Finance (RCOF). RCO Finance (RCOF), an AI-powered decentralized finance (DeFi) trading platform, is reshaping investors’ interactions with crypto and traditional markets. RCO Finance (RCOF) is transforming access to traditional assets RCO Finance stands at the forefront of a paradigm shift,...

Crypto is now a partisan issue in the United States, and there’s a clear reason as to why, according to a former Coinbase executive. Author and entrepreneur Balaji Srinivasan argued this weekend that digital assets appeal to “American conservatives” and “Chinese Liberals” – demographics that generally aren’t represented by the Democratic party. Crypto Versus Rich Democrats In a tweet this Sunday, Balaji said that crypto is for “small countries and dispossessed minorities,”...

The coronavirus crisis was a breakout of a new revolution in the financial world as millions of users found themselves stuck in lockdown, signing up to trading apps and using the opportunity to explore the world of stocks and cryptocurrency, signaling a new change and approach to the financial world. Like Bitcoin, Tesla, and the SPAC IPO, social media saw an exponential growth of over 300% across all mainstream in 2020, showcasing how strong the space has become. The main...

TL;DR Ripple’s XRP is holding steady at $0.50 despite a broader market upturn. Analysts foresee a potential bull run, with resistance at $0.49 seen as crucial. Future Projections: XRP’s price movement may depend on Bitcoin’s performance, with predictions suggesting it could rise significantly if market conditions are favorable. XRP’s Next Possible Move The cryptocurrency market experienced a resurgence today (May 13), with numerous digital assets entering green territory....

The market cap of MAGA VP has now come out of the shell to post a figure of $15 million. As a matter of fact, it just recorded ATH figures. It roughly translates to a 24 hrs surge of 44.7%. The MVP community is optimistic about a bull run since the trend appears to be chasing the end-point that MAGA $TRUMP has set in its historical record. MAGA TRUMP’s ATH in market cap comes to $483 million. There have been dips in recent times, but the overall sentiment in the...

The cryptocurrency market is luring in some of the savviest investors to the latest coins, one of them being Bitgert. Bitgert is surely a cryptocurrency that stands out from others and will throw itself into a massive growth trajectory. Here is a breakdown of Bitgert’s growth trajectory that you need to know. Bitgert (BRISE) is a cryptocurrency project that started in July 2021 and was brought to market with a full-fledged, independent ecosystem in 2022. The...