Aptos (APT) has been making headlines recently, with a sharp jump in price and a high trading volume. The tech giant Microsoft’s partnership with Aptos Labs on blockchain-based AI tools caused a significant reaction in the market, leading to a 17% surge in APT’s price. While there has been a slight pullback since then, data
Decentralized exchanges (DEX) on Coinbase’s recently launched layer2 network, Base, have achieved remarkable trading volume within a short span of time. In fact, Base has managed to outperform established layer1 networks such as Cardano (ADA) and others, less than 24 hours after its public debut. This groundbreaking achievement is based on data obtained from DeFiLlama.
In recent months, there has been increasing excitement in the cryptocurrency market surrounding Bitcoin spot ETF applications. However, what many may not be aware of is the growing number of Ethereum futures ETF applications that are closely following in its footsteps. As of August 10, there are a total of 14 Ethereum futures ETF applications
Render (RNDR) has experienced a tumultuous two months, with the cryptocurrency suffering a significant decline in value. After a major retracement triggered by a rejection from the $3.00 level, RNDR has plummeted to its current price of $1.70. This has raised concerns about the survival of the leading Web3 GPU project. In this article, we
Democratic U.S. Congresswoman Maxine Waters recently voiced her criticism of PayPal’s stablecoin, highlighting the need for federal regulation and oversight in the cryptocurrency space. In a statement, she expressed concerns about the lack of a regulatory framework and emphasized the importance of protecting users and ensuring financial stability. Waters argued that the launch of PayPal’s
The CEO of Binance, Changpeng Zhao (CZ), recently expressed concerns about the dangers posed by AI-enabled deepfake videos in the world of cryptocurrencies. He highlighted the risks associated with video verification, urging individuals to be cautious when receiving video messages from others. CZ’s warning came as a response to an AI-powered video post featuring Joshua
In recent weeks, Bitcoin DEX tokens have gained significant attention, with projects like BITCOIN2 achieving astonishing price surges. One of the most talked-about tokens is XBTC, a Bitcoin spin-off that skyrocketed by +30,000%. While this pump may appear enticing, experts are warning investors that XBTC could be a scam. XBTC experienced an incredible price action,
Bitstamp, one of the leading cryptocurrency exchanges, announced on August 8 that it would cease U.S. trading for several cryptocurrencies that have been declared as securities in recent cases against Binance and Coinbase. The affected tokens include Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol (NEAR), The Sandbox (SAND), and Solana (SOL).
Bitcoin, the number one cryptocurrency, has seen a slight uptick in its price in the past 24 hours, with bulls successfully defending critical support. However, recent data suggests that the digital asset is likely to experience further sideways price action. This article will examine the current state of the Bitcoin market and its correlation with
In a shocking development, Ryan Salame, the former co-CEO of FTX’s Bahamas subsidiary, FTX DM, is reportedly in negotiations with federal prosecutors regarding criminal charges related to the collapse of the cryptocurrency exchange. According to Bloomberg’s sources, Salame may plead guilty, although it remains uncertain whether he will choose to testify against FTX’s co-founder and
