US Leads Crypto Gains in 2023, Amassing $9.3 Billion
CoinGape (RSS)
According to the Chainalysis report, the cryptocurrency market has demonstrated a remarkable recovery. Following a difficult 2022 year, 2023 brought large crypto gains for investors. The cumulative worldwide profits in the crypto market were $37.6 billion. The United States gained the most, with investors collecting $9.3 billion. This revival signals a powerful recovery, but it is still not equal to the $159.7 billion peak recorded during the 2021 bull market.
The positive momentum is attributed to the optimism of investors by Chainalysis. However, the gains do not touch the level experienced in 2021, although there is clear resistance from investors to cash out their assets from crypto. Such an act indicates an expected prolonged price rise. Of particular note, the market gradually increased throughout the year. T...
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CoinGape (RSS)
According to the Chainalysis report, the cryptocurrency market has demonstrated a remarkable recovery. Following a difficult 2022 year, 2023 brought large crypto gains for investors. The cumulative worldwide profits in the crypto market were $37.6 billion. The United States gained the most, with investors collecting $9.3 billion. This revival signals a powerful recovery, but it is still not equal to the $159.7 billion peak recorded during the 2021 bull market.
The positive momentum is attributed to the optimism of investors by Chainalysis. However, the gains do not touch the level experienced in 2021, although there is clear resistance from investors to cash out their assets from crypto. Such an act indicates an expected prolonged price rise. Of particular note, the market gradually increased throughout the year. T...
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Hong Kong Expands CBDC Study in e-HKD Pilot Phase 2
CoinGape (RSS)
The Hong Kong Monetary Authority (HKMA) has officially launched the second phase of its e-HKD pilot, which is an important move in the further study of central bank digital currencies (CBDCs) in the region. This second stage is designed to explore more deeply the functionalities and applications of the digital Hong Kong dollar in the context of programmability, tokenization, and atomic settlements.
Exploration of New Use Cases
The second phase of the e-HKD pilot project will run until the middle of 2025, ensuring a rather long period for in-depth exploration and analysis. The HKMA has also signaled its intention to study additional use cases of the digital currency that were not included in phase one. This entails a detailed study of the particular zones in which the e-HKD might bring unique benefits and upgrades in comparison with stan...
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CoinGape (RSS)
The Hong Kong Monetary Authority (HKMA) has officially launched the second phase of its e-HKD pilot, which is an important move in the further study of central bank digital currencies (CBDCs) in the region. This second stage is designed to explore more deeply the functionalities and applications of the digital Hong Kong dollar in the context of programmability, tokenization, and atomic settlements.
Exploration of New Use Cases
The second phase of the e-HKD pilot project will run until the middle of 2025, ensuring a rather long period for in-depth exploration and analysis. The HKMA has also signaled its intention to study additional use cases of the digital currency that were not included in phase one. This entails a detailed study of the particular zones in which the e-HKD might bring unique benefits and upgrades in comparison with stan...
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Dogecoin Price: What’s Happening With Dogecoin?
CoinGape (RSS)
The famous meme coin, Dogecoin, ranks 9th on Coinmarketcap after its progress in the market. Dogecoin price has been surging for weeks now, where it has recorded a 108% hike within a month. So, what’s happening with Dogecoin? Let’s discuss that through this blog.
Dogecoin Price Analysis
Dogecoin is trading at $0.1736 after a 4.16% hike within a day. With the increased market cap of $24,919,185,722 after a 4.15% jump, DOGE has made it into the top 10 cryptocurrencies on Coinmarketcap. In the last 24 hours, its trading volume has also surged by an impressive amount of 122%, pushing it to $5,301,078,645 and a number 7 ranking among the thousands of other cryptocurrencies.
Looking at the chart, it is clear that the Dogecoin price has gained another momentum where it can move towards the $0.2 milestone again after...
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CoinGape (RSS)
The famous meme coin, Dogecoin, ranks 9th on Coinmarketcap after its progress in the market. Dogecoin price has been surging for weeks now, where it has recorded a 108% hike within a month. So, what’s happening with Dogecoin? Let’s discuss that through this blog.
Dogecoin Price Analysis
Dogecoin is trading at $0.1736 after a 4.16% hike within a day. With the increased market cap of $24,919,185,722 after a 4.15% jump, DOGE has made it into the top 10 cryptocurrencies on Coinmarketcap. In the last 24 hours, its trading volume has also surged by an impressive amount of 122%, pushing it to $5,301,078,645 and a number 7 ranking among the thousands of other cryptocurrencies.
Looking at the chart, it is clear that the Dogecoin price has gained another momentum where it can move towards the $0.2 milestone again after...
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Robinhood Gets Outperform Rating as Crypto Market Set To Triple by 2025
CoinGape (RSS)
Publicly listed firm Robinhood Markets Inc. saw its coverage being initiated by Bernstein with a rating of “outperform”. The positive rating comes as the brokerage also highlighted that crypto markets are likely to see a higher value by 2025.
Robinhood Gets Outperform Rating
Bloomberg in a report said that a “monster of a crypto cycle” is expected this year and next, according to Bernstein. The research firm started covering Robinhood Markets Inc. at outperform. Analyst Gautam Chhugani said that the volume of cryptocurrency trades at the online brokerage will increase nine times over the next two years.
In a note published on Thursday, he further stated, “We bel...
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CoinGape (RSS)
Publicly listed firm Robinhood Markets Inc. saw its coverage being initiated by Bernstein with a rating of “outperform”. The positive rating comes as the brokerage also highlighted that crypto markets are likely to see a higher value by 2025.
Robinhood Gets Outperform Rating
Bloomberg in a report said that a “monster of a crypto cycle” is expected this year and next, according to Bernstein. The research firm started covering Robinhood Markets Inc. at outperform. Analyst Gautam Chhugani said that the volume of cryptocurrency trades at the online brokerage will increase nine times over the next two years.
In a note published on Thursday, he further stated, “We bel...
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PEPE Coin Rich List
CoinGape (RSS)
Pepe Coin has dominated the trending cryptocurrencies chart hitting an all-time high of $0.00001051. PEPE price has increased by 65% in the last week and over 800$ over the past seven days. The price surge is attributed to Elon Musk’s PEPE promotion on social media, the coin’s stability and resilience despite profit-taking actions by whales and a surge in open interest. As with any digital asset, understanding the distribution of its holders provides crucial insights into the dynamics of its market and the concentration of wealth within its ecosystem. In this article, we delve into the Pepe Coin rich list, exploring the distribution statistics and analyzing the top addresses ...
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CoinGape (RSS)
Pepe Coin has dominated the trending cryptocurrencies chart hitting an all-time high of $0.00001051. PEPE price has increased by 65% in the last week and over 800$ over the past seven days. The price surge is attributed to Elon Musk’s PEPE promotion on social media, the coin’s stability and resilience despite profit-taking actions by whales and a surge in open interest. As with any digital asset, understanding the distribution of its holders provides crucial insights into the dynamics of its market and the concentration of wealth within its ecosystem. In this article, we delve into the Pepe Coin rich list, exploring the distribution statistics and analyzing the top addresses ...
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Worldcoin Price Analysis: Is WLD Riding The AI Hype To $14 In March?
CoinGape (RSS)
Wordcoin price analysis: WLD has been at the forefront of the crypto market’s recent optimistic trends, displaying a notable value increase. This surge is attributed to the increasing interest in AI tokens, propelling Worldcoin to new heights. As of now, Worldcoin boasts a price of $9.93, reflecting a modest gain of 0.60% within the last 24 hours.
Wordcoin Price Analysis: Navigating the Surge Amidst Market Optimism and AI Hype
Over the past 24 hours, the trading activity of Wordcoin has seen a downturn, with volumes dipping by 4.49%, settling at around $508 million. Nonetheless, World Coin has managed to maintain its position as the 77th most valuable cryptocurrency in the global market, boasting a market cap of close to $1.44 billion.
...
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CoinGape (RSS)
Wordcoin price analysis: WLD has been at the forefront of the crypto market’s recent optimistic trends, displaying a notable value increase. This surge is attributed to the increasing interest in AI tokens, propelling Worldcoin to new heights. As of now, Worldcoin boasts a price of $9.93, reflecting a modest gain of 0.60% within the last 24 hours.
Wordcoin Price Analysis: Navigating the Surge Amidst Market Optimism and AI Hype
Over the past 24 hours, the trading activity of Wordcoin has seen a downturn, with volumes dipping by 4.49%, settling at around $508 million. Nonetheless, World Coin has managed to maintain its position as the 77th most valuable cryptocurrency in the global market, boasting a market cap of close to $1.44 billion.
...
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Justice James Mellor's Ruling on Craig Wright, COPA Trial, in His Own Words
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The judge's remarks, as shared by the U.K. Judicial Office.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The judge's remarks, as shared by the U.K. Judicial Office.
Oracle Integrates Generative AI Boosting Business Operations
Cryptopolitan (RSS)
In a bold move, Oracle announced on Thursday its plan to integrate generative artificial intelligence (AI) into its software suite. This leap forward is transforming how companies manage their finances, supply chains, and personnel. It’s positioning Oracle to compete with other giants like Microsoft.
Transforming corporate software
Oracle, headquartered in Austin, Texas, is no stranger to the corporate world. Its software is a backbone for countless businesses, aiding in everything from budgeting to logistics and employee management. The new AI capabilities aim to streamline these tasks by automating complex reports, condensing data, and crafting job listings, among others.
This strategic addition is not just about adding bells and whistles. It’s a calculated effort to catch up and perhaps outpace rivals in the cloud computing world, where Oracle has trail...
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Cryptopolitan (RSS)
In a bold move, Oracle announced on Thursday its plan to integrate generative artificial intelligence (AI) into its software suite. This leap forward is transforming how companies manage their finances, supply chains, and personnel. It’s positioning Oracle to compete with other giants like Microsoft.
Transforming corporate software
Oracle, headquartered in Austin, Texas, is no stranger to the corporate world. Its software is a backbone for countless businesses, aiding in everything from budgeting to logistics and employee management. The new AI capabilities aim to streamline these tasks by automating complex reports, condensing data, and crafting job listings, among others.
This strategic addition is not just about adding bells and whistles. It’s a calculated effort to catch up and perhaps outpace rivals in the cloud computing world, where Oracle has trail...
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Thetanuts Finance Launches Leveraged LRT Strategy Vault to Enable Further Composability with Pendle’s PT-eETH
Cryptopolitan (RSS)
Singapore, Singapore, March 14th, 2024, Chainwire
Thetanuts Finance, the leading decentralized on-chain options protocol, announced that it has integrated Pendle Finance’s $PT-eETH offering to create a Leveraged LRT Strategy Vault on the Ethereum Mainnet.
This marks the protocol’s first foray into the world of restaking and Liquid Restaking Tokens (LRTs), a fast-growing primitive within the Decentralized Finance (DeFi) industry that has already accumulated more than $10 billion in Total Value Locked (TVL).
Accelerated Staking Yields
Restaking provides a way for DeFi users to use their staked $ETH to secure other networks and earn additional yield beyond what they earn via the Ethereum Mainnet. Pioneered by EigenLayer, it gives users the choice of restaking directly in EigenLayer’s native dApp or within a li...
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Cryptopolitan (RSS)
Singapore, Singapore, March 14th, 2024, Chainwire
Thetanuts Finance, the leading decentralized on-chain options protocol, announced that it has integrated Pendle Finance’s $PT-eETH offering to create a Leveraged LRT Strategy Vault on the Ethereum Mainnet.
This marks the protocol’s first foray into the world of restaking and Liquid Restaking Tokens (LRTs), a fast-growing primitive within the Decentralized Finance (DeFi) industry that has already accumulated more than $10 billion in Total Value Locked (TVL).
Accelerated Staking Yields
Restaking provides a way for DeFi users to use their staked $ETH to secure other networks and earn additional yield beyond what they earn via the Ethereum Mainnet. Pioneered by EigenLayer, it gives users the choice of restaking directly in EigenLayer’s native dApp or within a li...
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Atlas Upgrade Launches on Arbitrum, Slashes Layer 2 Fees with Blobs
CoinGape (RSS)
Offchain Labs has successfully launched the Atlas upgrade within the Arbitrum ecosystem. This update signifies significant progress in the quest to minimize transaction costs on Ethereum Layer 2 solutions. By incorporating the novel transaction type known as blobs, introduced in the recent Dencun upgrade, the Atlas upgrade promises to lower the financial barrier for users operating on the Arbitrum network.
Introduction of Blob Transactions to Arbitrum
The Atlas upgrade, also known as ArbOS 20, incorporates blobs, a new type of transaction used for a different way of storing data on Ethereum. This integration is in line with the successful rollout of the Dencun upgrade, which brought blobs to the Ethereum blockchain.
Blobs’ inclusion in Arbitrum is projected to improve the way data is stored,...
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CoinGape (RSS)
Offchain Labs has successfully launched the Atlas upgrade within the Arbitrum ecosystem. This update signifies significant progress in the quest to minimize transaction costs on Ethereum Layer 2 solutions. By incorporating the novel transaction type known as blobs, introduced in the recent Dencun upgrade, the Atlas upgrade promises to lower the financial barrier for users operating on the Arbitrum network.
Introduction of Blob Transactions to Arbitrum
The Atlas upgrade, also known as ArbOS 20, incorporates blobs, a new type of transaction used for a different way of storing data on Ethereum. This integration is in line with the successful rollout of the Dencun upgrade, which brought blobs to the Ethereum blockchain.
Blobs’ inclusion in Arbitrum is projected to improve the way data is stored,...
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JPMorgan Slammed $348.2M Fine For Market Misconduct Oversight
CoinGape (RSS)
JPMorgan Chase & Co., a well-known American Investment Bank has found itself in hot water as it faces a $348.2 million fine by two US bank authorities.
Banking Giant Facing Allegations of Financial Misconduct
According to the announcement, the Federal Reserve in collaboration with the Office of the Comptroller of the Currency (OCC), imposed this penalty on the banking giant for failing to appropriately supervise both firm and client trading activity for market misconduct.
The regulators stated that the misconduct took place between 2014 and 2023, almost a decade long. Specifically, the OCC highlighted JPMorgan’s failure to monitor billions worth of deals across at leas...
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CoinGape (RSS)
JPMorgan Chase & Co., a well-known American Investment Bank has found itself in hot water as it faces a $348.2 million fine by two US bank authorities.
Banking Giant Facing Allegations of Financial Misconduct
According to the announcement, the Federal Reserve in collaboration with the Office of the Comptroller of the Currency (OCC), imposed this penalty on the banking giant for failing to appropriately supervise both firm and client trading activity for market misconduct.
The regulators stated that the misconduct took place between 2014 and 2023, almost a decade long. Specifically, the OCC highlighted JPMorgan’s failure to monitor billions worth of deals across at leas...
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Custodia Bank Vs Federal Reserve Is The Next Big Crypto Lawsuit to Watch
CoinGape (RSS)
Fox Business Journalist Eleanor Terrett believes Custodia Bank’s lawsuit with the United States Federal Reserve is the next big crypto case to focus on after the Satoshi Nakamoto identity case involving Craig Wright and COPA ended recently.
Custodia Bank Lawsuit to Set Major Precedence
On Thursday, Terrett acknowledged that if Custodia Bank secures victory in its lawsuit against the U.S. Federal Reserve, it will mark a pivotal point for the broad crypto industry. In addition, she stated that it would make Caitlin Long, the founder and CEO of Custodia Bank, the first woman to take on the central bank and win.
The Fox Business reporter’s hypotheses are valid considering that the Fed has not lost a...
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CoinGape (RSS)
Fox Business Journalist Eleanor Terrett believes Custodia Bank’s lawsuit with the United States Federal Reserve is the next big crypto case to focus on after the Satoshi Nakamoto identity case involving Craig Wright and COPA ended recently.
Custodia Bank Lawsuit to Set Major Precedence
On Thursday, Terrett acknowledged that if Custodia Bank secures victory in its lawsuit against the U.S. Federal Reserve, it will mark a pivotal point for the broad crypto industry. In addition, she stated that it would make Caitlin Long, the founder and CEO of Custodia Bank, the first woman to take on the central bank and win.
The Fox Business reporter’s hypotheses are valid considering that the Fed has not lost a...
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