Advertisements The sealed and unopened phone boxes contain an airdrop of 30 million bonk tokens, which has seemingly revived dismal Saga sales. A dog-themed meme token may have just resurrected sales of Solana’s Saga phone – with some now selling for as much as $5,000 after earlier being deemed a “failure” by its makers. SeveralContinue reading “BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K”
Category Archives: Finance
Bitcoin Hovers Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains
Advertisements Longs continue to get liquidated as the price of bitcoin and other major digital assets gyrate. Bitcoin (BTC) opened the trading week marginally higher, trading above $41,000. Ether (ETH) was also up slightly, trading above $2,100. Data from Coinglass have been $103.5 million in liquidations of token-tracked futures in the past 12 hours, andContinue reading “Bitcoin Hovers Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains”
Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M
Advertisements CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said. Crypto exchange CoinList paid $1.2 million to settle U.S. Office of Foreign Assets Control allegations it allowed users in Crimea, a Ukrainian peninsula annexed by Russia, to use the platform. CoinList “opened 89 accounts forContinue reading “Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M”
ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
Advertisements The firm has sold over $150 million worth of stake in COIN since Dec. 5. Cathie Wood’s investment firm, ARK Invest, offloaded a sizeable chunk of Coinbase (COIN) as the shares of the Nasdaq-listed crypto exchange rose to a 20-month high on Wednesday. ARK sold 283,104 shares worth $42.59 million based on Coinbase’s lastContinue reading “ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High”
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
Advertisements The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing the previous peak of $330 million set in April. Value locked on Cardano’s ecosystem grew rapidly in the past few weeks as a recent boost in Ethereum alternatives, such as Solana and Avalanche, is likelyContinue reading “Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%”
Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
Advertisements Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin. Cathie Wood’s ARK Invest sold around $12.85 million worth of Grayscale Bitcoin Trust (GBTC) shares from its Next Generation Internet (ARKW) exchange-traded fund (ETF) on Monday, the biggest sale in more than a year. The offloadContinue reading “Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares”
Why Vietnam listed among Top 3 countries with the highest cryptocurrency ownership?
Despite Vietnam having a population exceeding 100 million, it claims the third position globally, as 25.9 million people actively engage in cryptocurrency
VIB Secures Impressive $280 Million Funding, Reinforcing Its Robust Standing in the Global Capital Market
The additional capital from this syndicated loan will be used by the bank to finance its core retail lending activities
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Advertisements Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX. Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund,Continue reading “Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report”
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Advertisements Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls. Bitcoin (BTC) fell early Monday, validating the caution signaled by the options market last week. The 4% drop to $42,000 has cooled the overheated crypto perpetual futures market, clearing the way for a steady ascentContinue reading “Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show”
Market Watch: Vietnam Financial Market updates for December 11, 2023
Fitch Ratings has upgraded Vietnam’s credit rating from BB to BB+ with a stable outlook, reflecting the country’s positive medium-term growth prospects
Vietnam Market Watch: Stock Liquidity Reaches Two-Month High
Before the lunch break, the HoSE witnessed over 17,100 billion VND in shares changing hands.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Advertisements Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday. Bitcoin’s ever-growing prices are leaving at least one group startled by the rapid bumps: Those placing highly leveraged short futures bets aimed at profiting from potential price reversal.Continue reading “Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K”
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Advertisements Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens. Unusually high liquidations on some altcoin futures led by Big Time’s BIGTIME and Ordi Protocol’s ORDI tokens created over $250 million in total altcoin liquidations in the past 24 hours, showcasing theContinue reading “BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations”
Coinbase’s Rally Still Has Legs, Chart Analyst Says
Advertisements Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing. Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) have surged nearly 300% this year, outperforming leading cryptocurrency bitcoin (BTC) by a significant margin. Per Fairlead Strategies, further gains could beContinue reading “Coinbase’s Rally Still Has Legs, Chart Analyst Says”