Crypto exchange Coinbase has been surpassed in volume by Bybit since October, according to analytics firm Kaiko. In a new report, Kaiko says that the launch of Bitcoin (BTC) exchange-traded funds (ETFs) in the US has helped Bybit more than others in its push for market dominance. “The launch of spot Bitcoin ETFs in the …
Monthly archives: June 2024
As Bitcoin Tumbles, Learn-To-Earn Crypto 99Bitcoins Might Be The Best Buy During The Dip
The crypto learning platform 99Bitcoins($99BTC) has advanced to the next stage of its highly anticipated presale. With a user base exceeding 700,000 and over 2 […] Go to Source
Copa América Favorite Argentina Teams Up With CoinPoker, Crypto’s Leading Poker Room
GOAT has recognized GOAT as Web3’s largest poker room, CoinPoker, becomes regional sponsor of the Argentina National Football Team. CoinPoker and Argentina – winner of […] Go to Source
Meme Coins Soar 6% In 24 Hours As Popcat And Mog Coin Explode
The market cap for meme coins surged more than 6% in the last 24 hours after Popcat (SOL) POPCAT and Mog Coin (MOG) exploded. POPCAT […] Go to Source
ZK Compression Now Available to Solana (SOL) for 10,000X Scale Improvements, Says Helius CEO
Light Protocol and Helius Labs have introduced a new feature that aims to allow developers to build applications on Solana (SOL) at scale. Mert Mumtaz, chief executive of Helius, a Solana developer optimization service, says the new ZK compression feature will reduce costs directly on the project’s layer-1 without requiring layer-2s. “TL;DR (too long; did …
Bybit surpasses Coinbase to become second largest crypto exchange by volume – Kaiko
Quick Take In recent months, Bybit crypto exchange has surged to become the second-largest exchange by volume, surpassing Coinbase, according to data from Kaiko. Since October 2023, Bybit has doubled its market share from 8% to 16%, while Binance, although still the leader, has seen its share drop from 60% to 54%. Kaiko attributes an …
Fideum unveils launchpad democratizing crypto investment access
Fintech company Fideum has launched a launchpad to democratize access to promising crypto projects, according to a June 25 statement. The platform would offer investors a secure and user-friendly interface to access high-potential crypto projects. It is also designed to emphasize inclusivity, fairness, and transparency that would attract both seasoned and novice investors to the …
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Access Protocol taps Solana’s Actions and Blinks for streamlined user experience
Solana Labs, the company behind the Solana blockchain, has partnered with communications startup Dialect to introduce a new product called Actions and Blinks. According to a June 25 statement, Access Protocol, alongside other notable blockchain projects like Jupiter, Backpack, Tensor, and Sphere Labs, will integrate Solana Actions and Blinks into their operations. How Access protocol …
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Bitcoin DeFi app ALEX Lab links $4 million exploit to Lazarus Group
Crypto derivatives markets: Bitcoin vs. Ethereum Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets. Go to Source
Short-term Bitcoin holders’ sell-off leads to third-largest loss in 2024, totaling $537 million
Quick Take On June 24, Bitcoin experienced a significant price drop, breaking below the $60,000 mark and hitting a low of approximately $58,500. This decline led to a substantial realized loss of over $500 million, with data from Glassnode pinpointing the loss at $537 million. Data from Glassnode shows that the sell-off was predominantly driven …
Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs
Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback, resulting in less spot conversion. Bernstein Analysts Highlight Tokenization …
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Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. Bybit Climbs Crypto Exchange Ladder The report …
BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem
BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC). All revenue generated from these LPs will be reinvested back into …
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Sealana Presale Ends Today: Last Chance To Buy Tokens Are Analyst Predicts It Could 10X
It’s the last chance for investors to buy Sealana ($SEAL) at presale, with the campaign ending June 25 at 6 PM UTC. The presale has been a roaring success, raising over $5 million in funding and garnering industry-wide support. Following the presale, investors will be airdropped their share of presale tokens, and $SEAL will be …
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police Stirs Concerns A bitcoin wallet, reportedly linked to the German …