Markets

After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data suggested that its market cap increased by more than 118% QoQ along with the broader market. Furthermore, numerous ecosystem developments fueled fee payer and transaction activity during Q1. Solana’s Performance in Q1 Solana’s network outages previously sparked conversations around potential insolvency. But its performance stabilized...

Bitcoin has shown the world just how resilient it can be. Not long ago, the Federal Reserve decided to raise interest rates by another 0.25 basis points. Under normal circumstances, the price of bitcoin would fall, and this time around was no exception as the world’s number one digital currency by market cap dropped from $28K to $26K. Bitcoin Is Still Alive and Kicking However, things didn’t stay there long, and just a day or so later, BTC was back at $28,000 per unit,...

Binance CEO, Changpeng “CZ” Zhao is rich; well, mega-rich. But he’s just not as rich as Bloomberg thinks, at least, he said so. But even though he is one of the richest men in the world, he is far from reaching the wealth of other tech industry billionaires, contrary to Bloomberg’s inaccurate assertions. On April 27, the CEO of Binance, the world’s largest cryptocurrency exchange, stated that his fortune is nowhere near the $28.2 billion claimed by Bloomberg in its report on...

Bitcoin has finally calmed after the massive volatility mid-week and stands just above $29,000. The altcoins are also sitting quietly today, with Solana being the only notable gainer from the larger caps. BTC Maintains $29K This past working week started rather calmly, as bitcoin continued trading sideways in a tight range of around $27,500. The landscape changed on Tuesday when the bulls initiated a massive leg-up that ultimately drove the cryptocurrency to $30,000. However,...

The world’s largest cryptocurrency exchange – Binance – aims to begin operating on the Japanese market after June this year.  This will mark the company’s return to the Land of the Rising Sun after leaving in 2018 due to regulatory issues.  Sakura Exchange BitCoin (SEBC) announced that Binance Japan will start providing services and products to local customers after June 2023.  The crypto giant acquired SEBC in November last year for an undisclosed sum to strengthen its...

Brian Armstrong, the chief executive officer of American crypto exchange Coinbase, and the company’s chief legal officer, Paul Grewal, have responded to a Wells Notice issued by the U.S. Securities and Exchange Commission (SEC) weeks ago in preparation for enforcement action. In a recent YouTube video, the Coinbase executives insisted that the SEC’s notice was unnecessary. The U.S. government has yet to develop clear rules for the crypto industry, and the exchange’s...

What a week it has been. The cryptocurrency market went on a massive rollercoaster where the market cap ping-ponged tremendously. At the end, it turned out somewhat fine, but what a ride it was. Let’s unpack. First things first, Bitcoin’s price was trading quietly around $27,500 throughout the beginning of the week, but all that changed on April 26th when it soared toward $28,500. After spending a few hours there, it was up only once again. BTC touched $30K and sent the...

Die Binance App ist ziemlich beliebt. Es gibt allerdings 2 Dinge, die ziemlich wichtig sind. Wer diese 2 Dinge kennt, der kann die App ziemlich schnell und einfach bedienen. Dazu mehr in diesem Blogartikel. Aber ganz kurz zum Thema: Warum ist die Binance-App so beliebt in der Bitcoin Community? Darum wurde die Binance App innert kurzer Zeit zur beliebtesten Bitcoin App: Die Binance-App ist eine der beliebtesten Kryptowährungs-App auf dem Markt. Die Gründe dafür sind vielfältig. Zum einen...

The European market recorded a gross domestic product (GDP) of 0.0 percent in the first quarter of 2023 compared with the fourth quarter of 2022. The European economy displayed market resilience during the first quarter despite being cut off from the Russian oil and gas supply since the invasion of Ukraine. The EU market was, however, marred by rising inflation amid bank deposits flight similar to the United States banking crisis. Nonetheless, the European Central Bank has continued to...

Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.  H.C. Wainwright believes that the crypto winter is over and has called for a buy on Coinbase (NASDAQ: COIN) stock. According to the New York-based investment bank, Coinbase stands to benefit from global digital asset economy growth sooner rather than later. H.C. Wainwright released a statement on Wednesday that underscored its bullishness on the prices of crypto assets. The...