Solana seems to be eating Ethereum’s lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance. There are two reasons why Solana is suddenly covered in rocket fuel: 1. The Pump.fun launchpad – which makes it much easier to launch meme coins –…
Following a series of discussions with a diverse group of US investors, analysts at Bernstein have noted a notable observation: various market participants are increasingly convinced that “crypto is back.” This renewed enthusiasm comes on the heels of a political shift under the Trump administration, which has sparked growing curiosity about the potential implications for…
As markets await the Federal Open Market Committee’s (FOMC) decision on January 29, crypto investors find themselves at a critical juncture. Following the first ever crypto executive order by US President Donald Trump and yesterday’s DeepSeek price crash, macroeconomics are once in the focus. Crypto Market FOMC Preview Crypto analyst Byzantine General (@ByzGeneral) has identified…
Blockchain payment company Ripple has announced the acquisition of two additional Money Transmitter Licenses (MTLs) in the United States, one from New York and another from Texas on Monday. This brings Ripple’s total to over 55 Money Transmitter Licenses across its payments, custody, and stablecoin operations, underscoring the company’s robust growth in the regulatory landscape….
Crypto investors in the U.S. are bracing for impact as tax authorities crack down on reporting. Centralized exchanges (CEXs) will soon have to report crypto transactions to ensure tax compliance. Even MicroStrategy, which holds over $19B in Bitcoin gains, might feel the heat. The rescinding of SAB 121 – a rule requiring crypto custody platforms…
As the artificial intelligence (AI) sector continues its rapid expansion, several companies are positioned to experience significant growth in 2025. Below, we highlight key AI stocks that investors should consider, based on current market analyses and trends. Nvidia (NVDA) Nvidia has established itself as a leader in the AI industry, primarily due to its dominance…
There is no question that the cryptocurrency industry witnessed explosive growth in 2024, with the flagship cryptocurrency Bitcoin continuing to lead the market. Data shows that the total market capitalization of the crypto industry has more than doubled over the past year. While it has been challenging to find a common theme for how the…
Amid yesterday’s crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025. SEC Approves First Dual Bitcoin-Ethereum Index ETFs For the first time, the US financial regulator has…
The Bitcoin price movements in the past 24 hours have sent the entire crypto market into another state of disarray and liquidations. Particularly, Bitcoin has witnessed a price crash of about 5% in the past 24 hours, which has seen it breaking below the $100,000 psychological price threshold again. Although Bitcoin eventually seems to be…
Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai. Parcl is built on a smart contract platform on Solana. Parcl was recently included…
