Crypto Exchanges Helping Brazilian Flood Victims

Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do Sul” emergency campaign, channeling funds to non-governmental organizations (NGOs) in the affected areas. Similarly, Bingx is doubling cryptocurrency … Read more

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid … Read more

NFT Sales See Week-Over-Week Decline as Market Continues to Cool

Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million, yet this was a 13% decrease from the preceding week. NFT Marketplace Struggles as Sales Dip for Another Week As another week concludes, the metrics … Read more

Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter

In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO of Cleanspark, partially attributes the company’s “record-breaking” performance to the surge in bitcoin prices. Impact of Bitcoin … Read more

Cosmos, Algotech, and Solana Are The Only Altcoins You Need to 5X Your Portfolio in 2024

The altcoin market is a vibrant landscape teeming with innovation and the potential for explosive growth. While established giants like Bitcoin offer a sense of security, it’s the altcoins that truly capture the imagination of investors seeking high returns. However, with so many options available, identifying the right altcoins can be a daunting task. Fear … Read more

You have not selected any currencies to display