Markets

Coinbase Ventures has kicked off its initial round of investments from the Base Ecosystem Fund by selecting six projects. The specific investment amounts have not been disclosed. The Base Ecosystem Fund is essentially operated by Coinbase Ventures, the investment branch of the cryptocurrency exchange Coinbase, and is created to back early-stage projects that operate within its incubated Base network. According to the latest blog post, Base reported that its ecosystem fund has...

A hedge fund manager whose firm was ravaged by FTX’s November collapse is now warning of a second-coming “implosion” at Binance. On Tuesday, Ikigai Asset Management founder Travis Kling published a historical timeline outlining a history of “negative events” at Binance since December 2022, attracting attention from some of the exchange’s top brass. How Binance Resembles FTX Kling’s timeline includes over 40 events that have cast a shadow of doubt over Binance’s...

Insight from Coinmarketcap suggests that the SHIB/USDT market in Binance has more depth than all other SHIB markets in other exchanges.  According to market depth insights from CoinMarketCap, about $775k in funds could induce a 2% surge in price for SHIB on the Binance exchange. Conversely, a deduction of $1.1 million from the SHIB/USDT market in Binance could drive a price drop by 2%.  The data is quite different for the SHIB/USD pair. About $546k can cause a 2% surge in...

The cryptocurrency market is renowned for its volatility and high upside potential. However, the sub-category of meme coins takes this reputation a step further, providing ultra-high-risk, high-reward investment opportunities for degens who dare to partake. Over the past years, Dogecoin has stood as the figurehead of meme coins, turning countless investors into meme coin millionaires. One of these investors is Glauber Contessoto, who goes by the SlumDOGE Millionaire. However,...

Ethereum is now eight years of age, and many experts have come out to praise the world’s second largest digital currency by market cap. Ethereum is Now Eight Years Old! Ethereum first emerged in 2015 and was designed to be more of a network rather than a currency. This has worked well over the years given how much popularity it’s earned amongst developers who prefer its technology to bitcoin’s when it comes to creating new blockchains and assets. Not long ago,...

The market has been relatively calm throughout the past seven days, and it failed to deliver any substantial increase (or decrease) in most of the cryptocurrencies, including Bitcoin. Starting with the BTC price, it’s more or less where it was this time last week – slightly below $26,000. To be fair, the cryptocurrency is down around 0.8% over the past seven days, and it wasn’t for the past day, the week looked as if it never happened. The price hovered around $26K in search...

Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...

ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain technology. In a press release published on September 8, the company’s CEO Zhang Hui announced the launch of ZAN during a conference in Shanghai,...

Bitcoin cash is attempting a recovery wave from the $188 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $192 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $200 and $210 to start a steady upward movement in the near term. Bitcoin cash price is rising from $188 against the US Dollar,...

Chainlink has forged several collaborations with prominent companies but on the price side of things, its native token has yet to recoup its losses. Over the past month, LINK was down by approximately 14%. Surging past the crucial resistance level at $6 was a feat given a broad bearish market for altcoins this week, but the token could potentially be poised for more gains. According to Santiment, the “shark” tier of LINK investors has been amassing coins. As a result, the...