Markets

Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023, as reported by its operating company, Dunamu. This figure represents a significant surge, with a 117% rise compared to the same period in 2022 and an astounding 1,800% increase compared to the first half of 2020. Upbit is one of South Korea’s largest cryptocurrency exchanges, boasting an impressive 24-hour trading volume of approximately $1.2 billion, as reported...

Coinbase’s Ethereum layer-2 protocol, Base, has recorded a significant rise in its total value locked (TVL) once again, hitting $558 million this time. According to data from Ethereum layer-2 analytics platform L2Beat, Base’s TVL surged by more than 25% in the past seven days, surpassing Matter Labs’ zero-knowledge (zk) rollup tech-powered scaling solution, zkSync Era, for the second time. Base’s TVL Hits $558M Since Base’s launch two months ago, the network has seen...

As the final quarter of 2023 finally arrives, strategic investors are keeping an eye out for potential winners. In this article, we will delve into three prominent players: Dogecoin (DOGE), Cardano (ADA), and the up-and-coming Tradecurve Markets (TCRV). Summary Dogecoin’s leading status in the meme ecosystem and the broader market position it as a compelling cryptocurrency. Cardano’s leading status within the crypto scene and pivotal role in the blockchain ecosystem make it...

For those looking to follow and replicate the trading portfolios and strategies of lead traders, Binance’s copy trading can prove to be a game-changer. In a groundbreaking move, Binance, the world’s largest crypto exchange, is set to transform the crypto trading landscape with the introduction of copy trading for its highly liquid futures products in selected markets. As contained in a press release shared with Coinspeaker, this innovative feature will allow millions of users to...

The firm believes the approval of a spot Bitcoin ETF in the United States will trigger an influx of over $30 billion in subsequent months. The mainstream adoption of Bitcoin (BTC) by institutional investors has put the gold market on notice with a possible decoupling in the coming few years. According to a report by Matrixport, Bitcoin is about to challenge gold as a store of value due to the simple fact that the former has outperformed the latter in the past years. Additionally, the...

In the fast-paced world of cryptocurrencies, Bitcoin halving events are significant milestones that grab the attention of investors, traders, and enthusiasts worldwide, leading to speculation and anticipation among the community. Changpeng Zhao recently shared his thoughts and observations on the dynamics and sentiments surrounding Bitcoin halvings based on his experiences during the past three events. The Pre-Halving Buzz and Aftermath The cryptocurrency community buzzes...

The crypto market has seen widespread losses over the weekend, with XRP down nearly 5% since Friday. Major coins like Bitcoin and Ethereum are also trading lower as the crypto market turns red overall. But amidst the decline, Bitcoin Minetrix has emerged as a bright spot, hitting the  $820,000 mark during its ongoing presale phase. XRP Slides Below Key Support Level as Selling Pressure Mounts XRP has closed in the red for four days out of the last five – and it looks likely...

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoin’s chances. While the specific count might not be the same across analysts, Rekt Capital posted on X...

Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX.  Metro Bank Shares The sharp surge in stock price comes as Metro Bank announced a £325 million ($395.6 million) capital raise and £600 million in debt refinancing on Sunday, October...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...