Markets

Coinbase Ethereum layer-2 network Base has clinched a new record in terms of the number of daily active users on decentralized exchanges (DEX), reaching 270,000 on June 17th. Compared to the previous day, the figure jumped by approximately 9%. Uniswap Dominates Base With 85% User Share According to data compiled by Dune Analytics, with the latest all-time high of active users, Base-powered decentralized exchanges have now surpassed BNB Chain. The Layer 2 network is now behind...

Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and Exchange Commission (SEC) to list shares of the Hashdex Nasdaq Crypto Index US ETF. “The assets of the Trust will consist of bitcoin and...

Eric Balchunas has made a big announcement in the crypto space—he is changing the expected date of a spot Ethereum (ETH) ETF approval to July 2. This news excites traders because now more people will pay more attention to Ethereum coins. Some of those coins that are likely to skyrocket include DTX Exchange (DTX) and Chainlink (LINK). Let’s see why. Eric Balchunas: The Spot Ethereum ETF Launch May Come Soon Ethereum (ETH) has recently made headlines in the crypto market. According to...

CoinspeakerBrazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information  Despite the lack of a clear regulatory framework, the government still wants to know how Binance, Coinbase, Kraken, OKX, and other exchanges registered outside of its border conduct their businesses within the country. Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

Many holders of non-performing coins or tokens are looking for lucrative investment opportunities in the crypto market. DTX Exchange (DTX) has emerged as the next 33x coin, drawing investors in droves. Meanwhile, SOL and AVAX are experiencing sluggish growth. Consequently, investors are turning their attention to DTX, hoping to capitalize on its growth potential. Amid this bearish outlook, analysts predict 15.2% and 231.5% price increases for SOL and AVAX.  >> BUY DTX TOKENS HERE...

TL;DR Polkadot’s DOT is down 4% weekly, trading around $6.20, but a potential resurgence might be on the horizon. Some analysts see the asset in an accumulation phase, with a bullish outlook if it holds above a certain resistance level. Rebound or Further Decline for DOT? Polkadot’s native token has not been as severely affected as other leading cryptocurrencies during the most recent market correction. Still, its price is down around 4% weekly, currently hovering around the...

CoinspeakerJPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend Collectively, the 14 US mining companies have a network hash rate of approximately 23.8% of the total market share.  JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend

[PRESS RELEASE – Dover, USA, June 17th, 2024] ScroogeToken has reached a notable milestone, surpassing $500,000 in funding. This achievement reflects market confidence in ScroogeToken’s approach to decentralized finance. The platform offers seamless access to the Web3.0 ecosystem and promotes a vibrant community. Key Features: User-Friendly Interface: ScroogeToken simplifies the Web3.0 experience for both new and experienced users. Community Engagement: Emphasizing strong...

BABY BEERCOIN (BBEER) is having a strong start to the week. This trending meme coin has pumped over 40% in the past day as retail investors pile in. But BBEER isn’t the only meme coin that’s performing well. New dog-themed token PlayDoge (PLAY) has just passed $4.5 million in presale – and is attracting attention from all corners of the market. BABY BEERCOIN Price Explodes Over 40% BABY BEERCOIN’s price action is a hot topic right now. This off-shoot of the popular BEERCOIN...

CoinspeakerSouth Korean Prosecutors Find New Evidence against Do Kwon While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter. South Korean Prosecutors Find New Evidence against Do Kwon