In July, the Solana network outpaced Ethereum in monthly decentralized exchange (DEX) volume, marking a significant milestone for the blockchain platform. According to DefiLlama data, Solana’s DEX transactions reached $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This surge in volume can be attributed to the increased activity on platforms like Raydium, Orca,
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The world of cryptocurrency and digital assets regulation is constantly evolving, with new challenges and opportunities emerging at every turn. In a recent interview, Joey Garcia, Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, shared his journey and insights into the evolution of digital assets regulation. Let’s take a closer look
Recently, Bybit made the decision to cease its operations in France due to regulatory issues that have arisen. These challenges stem from new developments from the French regulator, which have raised concerns about licensing requirements for the exchange. As a result, Bybit has announced that it will no longer be operating in the French market
PEPE, a prominent meme coin in the cryptocurrency space, is currently facing a pivotal moment as it approaches its long-standing bullish trend line. The price movement in relation to this trend line will determine the future market sentiment for PEPE, potentially leading to significant price fluctuations. At the time of writing, PEPE’s price has experienced
The XRP price has been experiencing significant movements since the last week of July, mainly driven by updates surrounding a possible settlement between the SEC and Ripple. This anticipation has had a notable impact on XRP’s market performance, leading to a substantial surge in its price from $0.599 to $0.655 in just a few hours.
Coinbase, the popular cryptocurrency exchange, recently reported a total revenue of $1.449 billion for the second quarter of the year. This exceeded market expectations, showcasing the company’s ability to generate significant income from its platform. In comparison to the same period last year, Coinbase experienced exponential growth, with total income jumping from $674.1 million to
In the second quarter of the year, the BNB Smart Chain (BSC) faced a mix of challenges and opportunities. Despite the native token BNB remaining relatively flat, down 5% quarter-over-quarter, the network’s key metrics showed a variety of trends. According to a recent report by Messari, the chain’s revenue experienced a significant decline of 28%
There have been predictions by hedge fund managers such as James Lavish, who believe that Bitcoin could potentially rise to $428,000 at some point in the future. Lavish mentioned in a post on X that for Bitcoin to reach this ambitious target, it would need to become 1% of the $900 trillion investment assets worldwide.
Senator Cynthia Lummis of Wyoming made headlines with her groundbreaking proposal to use Bitcoin to supercharge the US dollar and pay off the national debt. The proposal, known as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act,” aims to establish a Strategic Bitcoin Reserve to manage the Federal Government’s Bitcoin holdings
As BNB continues to exhibit strong bullish momentum, technical indicators suggest a potential upward trend towards the $605 resistance level. The recent price movements of BNB have been influenced by key factors that have resulted in significant market dynamics. Technical Analysis Upon analyzing the 4-hour timeframe, it is evident that BNB has crossed above the