The 24-hour trading volume of Tether (USDT) on the TRON network has reached an impressive $53 billion, surpassing the average daily trading volume of payment giant Visa for the first quarter of 2024, which stood at $42 billion. This milestone is significant considering Visa’s reputation as one of the world’s largest payment processors, facilitating billions
Crypto
The crypto market has been abuzz with the emergence of political-themed meme coins in anticipation of the upcoming United States presidential debate. These meme coins, such as Super Trump (STRUMP), Maga Hat (MAGA), Jeo Boden (BODEN), and Doland Tremp (TREMP), have garnered significant attention and market capitalization in recent months. Bitfinex analysts have highlighted that
Standard Chartered Bank, a British multinational bank, has made headlines in the financial world with its decision to launch a trading desk for Bitcoin and Ether. This development marks a significant move for the bank, as it becomes one of the first global banks to engage in spot cryptocurrency trading. The bank has been actively
Over the years, Bitcoin has been a significant driver of market trends within the cryptocurrency space. Long-term holders of Bitcoin have traditionally played a crucial role in indicating market cycles. However, a recent divergence in behavior has been observed between Bitcoin and Ethereum holders. While Bitcoin holders have been liquidating their positions since January, Ethereum
Bitcoin’s price volatility has been on full display recently, with the asset experiencing sharp declines from $66,400 to $64,000 multiple times in the past week. The failure to break above $70,000 has resulted in painful rejections, pushing the price down to under $65,000 by the end of the week. Over the weekend, Bitcoin managed to
In the past 24 hours, the cryptocurrency market has shown signs of recovery, with major digital assets like Bitcoin, Ethereum, and Ripple seeing modest gains. This positive movement comes after a period of losses that had been registered in the market recently. AI-related Coins Thrive While leading cryptocurrencies experienced minor gains, AI-related coins such as
NVIDIA, once considered a tech giant on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing Microsoft. The company has experienced a significant increase of around 3.5% in its stock price in the last 24 hours alone. Throughout 2024, NVIDIA has seen an impressive surge in its stock
Kraken, a prominent cryptocurrency exchange, recently faced a major security breach when an undisclosed white-hat hacker group exploited a critical bug in its system. The security researchers, who first identified the bug, demanded compensation from Kraken for their discovery. This raised ethical concerns in the crypto community about the boundaries of bug bounty programs. The
Recent reports have revealed that Montenegrin Prime Minister Milojko Spajić was among the early investors in Terraform Labs. In April 2018, Spajić invested $75,000 in the project, acquiring 750,000 Luna tokens at a price of $0.10 each. This made him the 16th investor during Terraform Labs’ initial fundraising phase. Unfortunately, Terraform Labs’ cryptocurrency project ultimately
Following a surge above $0.50, XRP experienced a slight decline over the past 12 hours. Despite this, the cryptocurrency managed to erase its weekly losses, standing as the only top digital asset in the green for the week. The uptrend coincided with a notable rise in open interest (OI) as traders closely monitored the ongoing
