Coinbase will increase its $USDC holdings on the Base network starting March 26 for lower fees and faster settlements. Currently, 17% of its $220.7M USDC is on Base, with 70% on Ethereum. @Coinbase encourages others to adopt on-chain solutions.
$AVAX surges 7% to $25 after @Grayscale launches Avalanche Trust and @FTI_US extends its on-chain money market fund to the Avalanche network. These moves underscore AVAX’s growing role in the crypto ecosystem and real-world asset tokenization.
Anthony Scaramucci predicts $BTC could hit $100k despite market volatility. SEC’s approval of spot Bitcoin ETFs boosts its legitimacy. Bitcoin is increasingly seen as a store of value with rising global adoption and use cases.
Grayscale Investments has launched the Grayscale Avalanche Trust, an ETF focused on $AVAX, now available to accredited investors. Following the announcement, $AVAX surged nearly 5%. This addition expands Grayscale’s portfolio to over 20 crypto-asset funds.
Justin Sun forecasts $TRX revenue hitting $4B with a meme strategy. Daily revenue peaked at $5.33M, beating $ETH and $SOL. The SunPump memecoin earned $585K in 24 hours. Plans to enhance USDD stablecoin to compete with $DAI.
Bitcoin ($BTC) surges past $61K amid bullish market dynamics. U.S. Fed minutes hint at potential rate cuts, sparking optimism. Rising BTC futures and ETF inflows reflect growing institutional interest and market confidence, reinforcing the upward trend.
$POPCAT and $SUN tokens rally after @Binance Futures announces USD-Margined perpetual contracts with up to 75x leverage, launching on August 22, 2024. Multi-Assets Mode allows various cryptocurrencies as margins, enhancing trading flexibility and reducing requirements.
Bitcoin’s market dominance surges to 78.5%, outpacing Ethereum at 19.7%, fueled by speculation around a spot Bitcoin ETF. CryptoQuant experts note a shift in investor preference towards Bitcoin, with its dominance rising to 57% from 51-52% earlier this year.
Cardano’s ($ADA) price surges as the Chang Hard Fork introduces Plutus V3 and on-chain governance on August 27. Significant derivatives trader activity and breaking a 6-month trendline push trading volumes, aiming for $0.45.
65% of Ukrainians see cryptocurrencies as key to future economic growth, with 70% using crypto for international transfers. Over 50% report improved financial discipline, highlighting crypto’s broader impact. $BTC $ETH @Binance @Ukraine
Polygon processes 579.97B gas units daily at just $65.48K, outpacing BNB Mainnet and Ethereum in cost-efficiency. As DeFi grows, Polygon’s scalable solution attracts users seeking low-cost transactions.
Coinbase will migrate $MATIC tokens to $POL starting Aug. 26. Trading for both tokens begins Sept. 4. $MATIC transactions paused Aug. 26-Sept. 10. $MATIC staking rewards continue during migration. $POL enhances Polygon’s network efficiency.
India’s DEA to release a key consultation paper on crypto regulation in Sep-Oct 2024, seeking public feedback to align with G20 efforts. Finance Minister stresses need for global cooperation and local tailoring.
An anonymous Bitcoin whale transferred 142.59 BTC ($8.45M) after 11 years of dormancy. The original acquisition was in 2013 when BTC was ~$550. Transaction fee: $0.68. Current BTC value: ~$61,000.
