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The payments industry is on the verge of a seismic transformation. Recent projections from the management consultancy McKinsey & Company place the annual value of cross-border payments at $195 trillion in 2024 and expect the figure to ascend to $320 trillion by 2032. This dramatic increase will be driven by many different factors, one of … Read more
In a surprising change of events in the world of cryptocurrency, the Central African Republic’s president, Faustin-Archange Touadéra, took to social media to declare the launch of a new meme token, $CAR. The announcement has sent the crypto world into a frenzy, with the token seeing an eye-popping rush of price gains, which saw it … Read more
In the world of cryptocurrency, where trades can be extremely risky, one whale recently took a shellacking. The bitcoin and Ethereum whale known as 0x560 made a poor bet on a new project called $VIRTUAL, a token that has seen some turmoil and no shortage of drama since its debut. The 0x560 wallet bought nearly … Read more
A newfound confidence is evident in a growing whale’s appearance in the world of decentralized finance (DeFi), where it’s making quite a splash by amassing a large quantity of the governance token for the MakerDAO ecosystem—$MKR. Over the last day, this whale has been buying up the token in a series of high-value trades that … Read more
A platform for launching tokens that operates on the Solana blockchain, Pumpfun, has recently disclosed to the public its intentions to launch its own token and conduct a public offering using the Dutch auction model. This move, which has not yet been executed by any other crypto project, was brought to light first by the … Read more
Current statistics from @intotheblock have illustrated a dire situation for $ARB holders, showing that virtually none of them are in the green, with their accounts showing nearly 100% in losses, and profit taken with 0% of the positions that investors currently hold. This is an accurate snapshot of the significant downturn that the desperately sought-after … Read more
FLUID has achieved something never before seen in the world of decentralized finance (DeFi). In its first 100 days, the project amassed $10 billion in trading volume on Ethereum—a number that has since gone up—and done so at a pace that probably no one anticipated when FLUID first launched in May 2023. Not only is … Read more
Once again, the cryptocurrency trading world has displayed its volatility and unpredictability. This was shown with a notable whale investor, identified as Whale 4FhF5, taking a significant loss on their $WIF position. The trade spotlights the risks of short-term trading in a market that can nearly instantly reverse upon receiving new information or just be … Read more
In a stunning introduction to the blockchain world, Berachain has attracted the attention of DeFi aficionados, gaining a total value locked (TVL) of $1.817 billion on its first day of operating. This swift rise has not only established Berachain as a meaningful DeFi player but has also vaulted it into the top 10 blockchains by … Read more
Within a mere 24 hours, Sonic has witnessed the explosive, near-10% growth of its ecosystem revenue—a continued streak of impressive growth across its decentralized ecosystem. This dramatic uptick in revenue highlights not only the outstanding performance of Sonic’s native token, $S, but also a notable increase in the adoption and success of projects within the … Read more
