The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it. As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it might offer crypto-enabled banking services. Coinbase Is Transitioning From Crypto Exchange In a Twitter thread, Birla recounted Coinbase’s mission, vision,…
Ethereum (ETH) has experienced a series of corrections in the last few weeks, following a rally over the past few months. According to a recent report by Santiment, investors are actively depositing ETH to various crypto exchanges, and this activity has reached its highest level in the past eight months. While this trend may suggest…
Coinbase, one of the leading cryptocurrency exchanges, has reported impressive results for the first quarter of 2023. The company’s efforts toward building a more efficient and financially disciplined business have started to pay off. Despite a net loss of $79 million, Coinbase returned to positive Adjusted EBITDA, earnings before interests, taxes, and amortization, of $284…
Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the largest US-based crypto exchange, Coinbase, which recently filed a petition against the SEC. Bitboy’s revelation…
Cardano (ADA) was at the peak of its performance in 2022, boasting an all-time high Total Value Locked of over $400. However, since then, the cryptocurrency’s value has fluctuated. But recent data from Artemis shows that Cardano’s TVL has been consistently increasing over the last six months. The seven-day moving average of $154 million is…
Pepe Coin has emerged victorious in the battle against skepticism and doubt, with an incredible rally that left even its harshest critics astounded. Despite the naysayers, including Changpeng “CZ” Zhao, the CEO of Binance, who openly expressed his confusion towards meme coins, Pepe proved to be a force to be reckoned with. The coin has…
The total market capitalization for the memecoin sector reached $19 billion in the past weeks; the launch of PEPE, WOJAK, and others have attracted new participants to the market. As a result, these assets have experienced a massive surge in value and trading volume. Over the last 24 hours, memecoin PEPE saw a 53% profit…
Shiba Inu (SHIB) has seen its burn rate skyrocket to impressive heights. This incredible surge in burn rate is causing many to speculate that a price reversal may be on the horizon, as the token’s value continues to experience significant volatility. As the burn rate of Shiba Inu continues to soar, the cryptocurrency’s fate remains…
Dogecoin (DOGE) is now making serious waves in the investment world as the potential for its value to reach $0.50 in 2023 becomes a hot topic of discussion among crypto enthusiasts and investors alike. Despite its humble beginnings, Dogecoin’s popularity continues to soar, and its recent performance has caught the attention of many who are…
SUI, one of the long-awaited blockchain token projects in the crypto community, finally launched earlier today. However, contrary to expectations, SUI has recorded a significant plunge in price as the trading went live on multiple exchanges. Over the past 4 hours since its launch, the token has declined by more than 30%. This price action…