Tag Archives: Cryptocurrency News

The sixth largest cryptocurrency Solana (SOL) has all chances to enter the Top 5. Solana (SOL) is threatening to replace XRP among the world’s top five leading cryptocurrencies by market capitalization, driven by an increased surge of activities within the Solana ecosystem. According to CoinMarketCap data, currently ranked as the sixth-largest token in the industry, SOL has the potential to surpass XRP’s market cap.  At press time,  SOL is trading around $76.91, with a market...

Thanks to a new integration with Orbs-based dLIMIT and dTWAP protocols, users of the popular DEX Lynex can enjoy limit and TWAP orders. Popular Linea-based DEX Lynex has announced the integration of both dLIMIT and dTWAP protocols into its platform. dLIMIT and dTWAP are decentralized, permissionless DeFi protocols based on the Orbs network and both offer a plethora of benefits for Lynex users. How dLIMIT and dTWAP Benefit Lynex Thanks to this new integration, traders on Lynex can break...

The launch of Immutable Passport comes shortly after the company introduced a new gaming solution that allows developers to build games that eliminate transaction fees. Blockchain gaming developer Immutable has announced the official release of its new wallet infrastructure, named Immutable Passport. In a recent announcement, the company revealed that Passport is an innovative universal sign-on and wallet solution designed to streamline player access to online games and marketplaces....

With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for mass adoption with about 425 million global investors owning various crypto assets. Moreover, more governments around...

Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is building the upcoming ecosystem on Gelato’s Rollup, and powering it via Optimism’s OP Stack. Why Lisk Is Integrating...

Aside from the Chiliz Chain which attracted many people to the SportFi sector, the company said its Chiliz Labs Incubator and Accelerator Program also contributed to the sector’s growth this year. Chiliz, a crypto firm that provides infrastructure solutions for sports and entertainment companies, experienced a monumental year for SportFi and Fan Tokens, propelling the industry to new heights in 2023. Despite challenges faced by many blockchain sectors in the first half of the year, SportFi...

Despite the fervor in memecoin trading, some trading firms suggest that recent market movements do not indicate an imminent correction in the short term. Earlier today, the world’s largest cryptocurrency Bitcoin (BTC) gained an additional 5% taking its price past $43,000 levels. The recent price surge comes as BlackRock, WisdomTree, and others submit their updated S1 applications to the SEC. Along with Bitcoin, the altcoin market is once again buzzing with activity. Solana, Avalanche, and...

Blast’s growth in TVL is indicative of most institutional investors’ bullish stance for Ethereum and the DeFi market. In a breakthrough moment for Layer 2 (L2) scaling solution, Blast Network, a new record has been set, surpassing a Total Value Locked (TVL) of over $900 million. Data from DefiLlama, a leading authority in monitoring and analyzing Decentralized Finance (DeFi) trends, revealed Blast’s contact address, launched by Blur founder Pacman, has about $928.35 million TVL. This...

“I think Bitcoin is going to go into the stratosphere,” Saylor commented when asked about Bitcoin’s 56% value surge since October. During a recent interview with CNBC, Michael Saylor, the Executive Chairman and co-founder of MicroStrategy Inc (NASDAQ: MSTR), expressed his unwavering confidence in Bitcoin’s (BTC) long-term path. He highlighted certain fundamental aspects that will position BTC as the digital equivalent of gold, making it a crucial component of institutional investment...

One of the major factors behind the Injective price increase is the surge in trading volumes for INJ perpetual futures contracts which recently surpassed $25.5 billion in 24 hours. The price of crypto asset Injective (INJ) has seen an impressive explosion in 2023, surging almost 3000% in the process. The rapid price rise has also brought the asset to new all-time highs ATH as it continues to trade in greens. Recall that the asset recently reached a $34.64 ATH on December 15 before...