January 21, 2024

Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023

Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on decentralized finance (DeFi), Web3 gaming, tooling, and infrastructure throughout the year. In the DeFi sector, Binance Labs invested an undisclosed amount in the lending and borrowing protocol...
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Solana vs Mollars: Which Token May Yield $1.111-Million Profit Per $5K Invested by 2025

Two cryptocurrencies predicted to have a big 2024 year are Solana (SOL) coin and Mollars (MOLLARS) token.  One is a firmly established crypto brand while the other is in the ‘highest potential’ stage, the initial coin offering. Both tokens are predicted to reach a value of over US$100 by the end of 2025, but only one...
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Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential impact on the U.S. dollar’s global dominance. Peel highlights that the rising interest surrounding assets such as Bitcoin, the surge in stablecoin volumes, and the...
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Over 50% of Tokens Listed on CoinGecko Since 2014 Have ‘Died’

A recent study by CoinGecko reveals that over 50% of all cryptocurrencies listed on the platform since 2014 have met their demise. Of the 24,000+ cryptocurrencies listed on CoinGecko since 2014, 14,039 have been deemed ‘dead’ or ‘failed.’ Most Dead Coins Linked to 2020-2021 Bull Run The study, which analyzed the fate of these digital...
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Bitcoin Investor Demand Weakens in the US Post-ETF Approval: CryptoQuant

Roughly a week after the United States Securities and Exchange Commission (SEC) approved the first wave of spot Bitcoin exchange-traded funds (ETFs), BTC investor demand in the country has slumped. According to a weekly report from market intelligence platform CryptoQuant, the weak BTC demand from U.S. investors is evident in crypto exchange Coinbase’s premium turning...
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Weekly Spot Bitcoin ETF Report: Insights After Its First Trading Week

The Spot Bitcoin Exchange-Traded Fund (ETF), a new product in the financial market, has just wrapped up its first week of trading. This event marks several key milestones in blending crypto with mainstream financial markets. Launched amid high expectations, the Spot Bitcoin ETF is a crucial move, providing a more regulated and safer option for...
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Bitcoin (BTC) $ 98,643.43 0.42%
Ethereum (ETH) $ 3,376.96 0.09%
Tether (USDT) $ 1.00 0.05%
Solana (SOL) $ 258.55 0.65%
BNB (BNB) $ 672.84 6.88%
XRP (XRP) $ 1.56 12.45%
Dogecoin (DOGE) $ 0.458936 16.62%
Cardano (ADA) $ 1.10 26.89%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,374.97 0.16%