Tag: cryptocurrency exchange

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Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette

Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its Presence In Asia On Thursday, Aptos Labs, the developer of the Aptos network, announced it had…
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Dogizen, the First-Ever Telegram ICO, Lands Today: Will it Surpass Catizen?

Dogizen launches its presale today, 4th October, at 8am UTC, bringing a brand new token—DOGIZ—to the viral Telegram gaming sector. The new upstart challenges the niche’s current leaders, namely Catizen and Hamster Kombat, for primacy in what is emerging as one of crypto’s most exciting corners. And, with the first ever Telegram ICO, this could…
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RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return

In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives…
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Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains…
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Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments. Stablecoins as a Store of…
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Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important

Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin Needs To Hold Above This Price Level To Avoid Crash Martinez stated in an…
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From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations…
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Solana (SOL) Clings to Key Support: Is a Bounce Imminent?

Solana trimmed gains and tested the $132 support. SOL price is consolidating and might aim for a fresh increase above the $140 resistance zone. SOL price started a fresh decline below the $145 zone against the US Dollar. The price is now trading near $142 and the 100-hourly simple moving average. There was a break…
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XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?

XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance. XRP price declined further below the $0.5250 zone. The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
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Nubank Lowers Cryptocurrency Trading Fees

Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others. Nubank has been lowering its trading rates since last year when it charged…
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