The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock...
The cryptocurrency market, which started 2024 with soaring prices and high enthusiasm, is now in the throes of a dramatic downturn. August has seen an unprecedented surge in liquidations. The fallout has been substantial; a total of $1.12 billion...
On August 5, 2024, the crypto market experienced one of its toughest days in years. The sharp increase in costs for the Japanese yen-denominated loans acted as the spark that ignited the fire of volatility in the wider financial...
2024 is shaping up to be the year of memecoins. What started as a fun, niche part of crypto has become a huge trend that both seasoned investors and curious newcomers want to be a part of. Take Brett...
The web3 gaming token market has been riding high on a wave of excitement about blockchain tech, but 2024 has finally thrown it a curveball. The sector has hit a major speed bump after starting the year with mixed...
Ripple's (XRP) Market Performance in 2024 XRP’s market performance in 2024 has been characterized by significant volatility, reflecting both internal developments and external market forces. XRP rode a wave of optimism at the start of the year, sporting a...
Algorand’s ALGO has emerged as a standout performer in the cryptocurrency market in the first half of 2024, building on its impressive momentum from late 2023 where it saw a 43% quarter-over-quarter rise in its transaction volume and a...
Cryptocurrency investors have eagerly awaited the launch of Ether ETFs since May 2024, when the U.S. Securities and Exchange Commission (SEC) approved applications from potential issuers. However, these spot ETFs did not start trading until July 22, 2024, when...
Q2 2024 ushered in a remarkable resurgence in the cryptocurrency market, marked by impressive price rallies across various cryptoassets. This period was characterized by renewed investor confidence and growing interest in both established cryptocurrencies and emerging projects. The market...
The NFT market, which was booming at the start of 2024, hit a rough patch in the second quarter. After a strong first quarter with sales volume reaching $4.1 billion, Q2 ended with a dramatic 45% drop, with sales...
