Markets

Base, Coinbase’s layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Base’s TVL Growth According to data from L2Beat, Base’s current TVL stands at $2.27 billion, increasing by over 230% YTD....

CommEX, a crypto exchange that previously took over Binance’s operations in Russia after it decided to exit the country, has revealed its intention to cease operations in the country. Binance had initially announced its departure from Russia in September 2023, stating that the process would take approximately one year to complete. CommEX Announces Gradual Wind-Down of Operations In a post on X, CommEX Russia mentioned that the exchange will wind down operations gradually...

CoinspeakerBinance Labs Invests in StakeStone amid Growing Interest in Restaking Sector Investing in advance­d restaking protocols aligns with Binance Labs' strategic focus on this domain. Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector

CoinspeakerCrypto Market Records First Outflow in 7 Weeks Worth $942M Despite the market sentiment, altcoins sparked investor interest, resulting in a net inflow of $16 million. Crypto Market Records First Outflow in 7 Weeks Worth $942M

The Nigerian government has slammed the world’s largest cryptocurrency exchange, Binance, with four counts of tax evasion charges as the saga between the entities deepens. According to a report from local media Premium Times, the Federal Inland Revenue Service (FIRS) filed the charges at a Federal High Court in the nation’s capital, Abuja, on March 22, the same day Nadeem Anjarwalla, one of the Binance executives detained since February, escaped from the custody of the...

CoinspeakerBybit Introduces Telegram-based Meme Coin Notcoin (NOT) via Pre-Market Trading Platform The Telegram-based meme coin, Notcoin ($NOT) utilizes the tap-to-earn gaming mechanism to democratize its Web 3.0 GamiFi protocol. Bybit Introduces Telegram-based Meme Coin Notcoin (NOT) via Pre-Market Trading Platform

After enduring a brutal crypto winter between 2022 and 2023, the crypto market has finally seen a resurgence. The new year brought positive sentiment into the market, boosting token prices across the board. The renewed investor confidence and bullish momentum has led to speculation about the potential growth of three altcoins: VeChain (VET), Mantle (MNT), and NFTFN. The crypto market is eagerly awaiting the next BTC halving, which is estimated to take place...

The exciting and ever evolving cryptocurrency market has seen a renewed surge of interest in the crypto space, with altcoins experiencing a resurgence in investment. However, this dynamic ecosystem is witnessing a rather intriguing shift in the investment trend of altcoin whales. On-chain data shows that several Solana (SOL) whales are migrating towards NFTFN, a presale token that currently threatens top memecoins like PEPE. Innovative Solutions For NFT Troubles...

Stellar lumen price is attempting a fresh increase from the $0.1180 zone against the US Dollar. XLM price is now trading above $0.1280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.140 resistance zone. Stellar lumen price is trading above $0.1300 against the US Dollar, like...

XRP price is attempting a fresh increase from the $0.5680 support against the US dollar. The price is now trading above $0.610 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.630 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6580 resistance. XRP price is gaining pace above $0.630 against the US Dollar, like Bitcoin. It must...