Markets

The launch of the crypto exchange in Thailand comes at an opportune time, as the country continues to embrace digital innovation and blockchain technology. The world’s largest crypto exchange Binance has teamed up with Gulf Innova Co Ltd, a major technology firm in the Gulf area, to launch a new crypto exchange in Thailand. With the launch scheduled for the fourth quarter of 2023, this collaboration could shape the future of Thailand’s crypto landscape. Binance shared the announcement in a...

There are exciting weeks in the cryptocurrency market, and then there are weeks like the last one. It felt like the last seven days were a constant chop for Bitcoin, bouncing between $26K and $27K with absolutely no particular direction. The market is trading more or less where it was last week, and it currently sits at $1.17 billion per data from CoinGecko. This comes on the back of minor movements from major coins such as Ethereum, Binance Coin, XRP, Cardano, and others. In...

The ongoing negotiations surrounding the US debt ceiling have been a key focal point for investors as the June 1 deadline approaches. The United States Treasury bond market experienced a decline in yields on Friday as investors eagerly await the release of key inflation data and updates on debt ceiling negotiations. According to reports, the yield on the 10-year Treasury fell by 3 basis points to 3.829%, while the 2-year Treasury yield dropped by nearly 6 basis points to 4.57%. It is...

Gemini also plans to expand its workforce after the EU adopted the new Markets in Crypto-Assets Regulations (MiCA), which were formally approved on May 16. Cryptocurrency firm Gemini has revealed that Dublin, Ireland, will be the home of its new European headquarters. On May 25, Tyler and Cameron Winklevoss, owners of the crypto firm, told reporters that the established technology and innovation community, a strong regulatory landscape, and a huge talent pool were all factors that...

The cryptocurrency space is full of stories regarding certain investors, typically larger ones, who made fortunes with their investments in more speculative assets like memecoins. These examples tend to attract jealousy as well as some resentment from less fortunate market participants. Today, however, we will take a look at the other side of this coin. A few years ago, it was Dogecoin. Then, it was Shiba Inu. This year, at least for now, the massive memecoin explosion has...

Due to a favorable forecast and AI adoption, Nvidia has seen explosive growth and could soon hit the trillion-dollar market cap. Nvidia Corporation (NASDAQ: NVDA) is fast approaching the trillion-dollar market cap due to its explosive stock surge. On Thursday, the chip maker’s shares jumped 26% following a robust earnings outlook and increased production scale. Nvidia’s market valuation sits at $950 billion, which is almost $200 million higher than it was at Wednesday’s close. The Santa...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $115 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $115 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

Bitcoin is around 60% since the turn of the year, and while that doesn’t necessarily signal the end of the crypto winter, it’s a sign that investors who have been holding off on the world’s largest cryptocurrency may have missed their chance to buy in while it was undervalued. However, there are still plenty of explosive opportunities in the crypto market for investors who are willing to look beyond Bitcoin. We’ll take a closer look at Bitcoin’s price and highlight 5 emerging...

Coinbase-incubated Base is gearing up for a mainnet launch as the Ethereum layer 2 ecosystem heats up. Path to Base mainnet includes a certain set of objectives to be met. The official timeline for the mainnet launch has not been revealed yet, but Optimism’s upcoming Bedrock upgrade remains a crucial factor. Base Mainnet The Base testnet, which is based on a roll-up agnostic superchain powered by Optimism, has been running since February this year, during which it focused on...

The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral. Binance continues its effort in the world of non-fungible tokens. According to a press release shared with CryptoPotato, the exchange is launching a new feature. It will allow users to borrow crypto while using their NFTs as collateral. However, it is worth noting that the loans...