Cryptocurrency regulation has been a hot topic in the financial world, with many countries grappling with how to effectively oversee digital assets. Joey Garcia, the Director and Head of Regulatory Affairs at Xapo Bank, has been at the forefront of this evolution. In a recent interview with CryptoSlate Senior Analyst James Van Straten, Garcia shared
In a surprising turn of events, the Solana network has surpassed Ethereum in monthly decentralized exchange (DEX) volume in July. According to DefiLlama data, Solana’s DEX transactions reached $55.8 billion, outpacing Ethereum’s $53.8 billion for the same period. This marks Solana’s second-highest monthly volume, with its peak reaching $60.7 billion in March 2024. The surge
XRP, the native token of Ripple, recently experienced a significant drop in price, falling from $0.66 to around $0.56. This decline was accompanied by a bearish pattern that indicated a potential further downtrend in the future. Analysts have been closely monitoring the situation, with some expressing concerns about the future prospects of XRP. While some
As the world stock markets faced turmoil, the crypto market also experienced significant volatility. Ethereum, one of the leading cryptocurrencies, saw a 3% loss in value this week. Despite attempts by buyers to reclaim support at $3,300, it now serves as a key resistance level. With the current support shifted to $2,800, there is potential
The decentralized finance (DeFi) sector has been making a comeback, with significant growth seen in key metrics such as active loans and total value locked (TVL) from their lows in 2023. DeFi lending, a crucial aspect that allows investors to lend their cryptocurrency holdings for interest, plays a vital role in indicating DeFi participation and
Former US President Donald Trump has recently made a significant splash in the cryptocurrency world by endorsing Bitcoin. This move has not only brought him back into the limelight but has also stirred up a lot of attention within the crypto industry. With his eye on a potential return to the White House in 2024,
Lost Dogs is revolutionizing the gaming industry by introducing a unique gameplay experience on Telegram. Unlike traditional games, Lost Dogs combines a captivating storyline with NFTs and token rewards to create an immersive and interactive gaming experience. Players are tasked with making daily decisions over a six week period, with each choice impacting the abilities
Coinbase recently announced its total revenue for the second quarter, which surpassed market expectations. The company reported a total revenue of $1.449 billion, showcasing significant growth compared to the same period last year. The increase in revenue highlights the exchange’s ability to capitalize on the growing cryptocurrency market. Additionally, Coinbase’s net income for the quarter
The recent trend in Ethereum ETFs in the US has seen a mix of net outflows and inflows, with outflows totaling $77.21 million on Wednesday. This comes as Ether’s price struggles below $3,200. The Grayscale Ethereum Trust (ETHE) experienced significant net outflows of $133.33 million on July 31st, leading to a total loss of almost
After the conclusion of the Bitcoin2024 conference, Bitwise CIO Matt Hougan made a significant call to all crypto investors, urging them to reconsider the potential upside of Bitcoin. In his view, the current market sentiment is “not bullish enough” towards the flagship cryptocurrency, despite recent developments signaling a shift that could have a substantial impact
As the cryptocurrency market continues to evolve, market experts have been revising their predictions for Ethereum, with some making surprisingly bullish claims. One such expert, Ethereum maximalist Adriano Feria, recently made waves with his prediction that the second-largest crypto token could potentially reach an astonishing $100,000. This ultra-bullish forecast aligns with the sentiments of other
Manchester United has made a groundbreaking move by being the first to introduce player trading cards and the Fantasy United game for the upcoming season on the Tezos Blockchain. This initiative allows fans to collect cards featuring first-team players, build squads, and participate in a Web3 fantasy football game. ‘Fantasy United’ comprises cards of all
The first two quarters of 2024 saw a surge in popularity for meme coins, but recent data indicates a significant cooling off in their market. While a handful of lesser-known meme coins have experienced gains over the past 30 days, the more popular ones like Dogecoin (DOGE) and Shiba Inu (SHIB) have struggled to maintain
The Wanderers Open Beta has now launched on the Epic Games Store, offering players a unique gaming experience that combines generated worlds with deck-building mechanics. This new game release has been highly anticipated after going through various Closed Beta events, and now it is available to all players for free download. One of the key