USDtb Launch and WLFI Investment: Ethena's Rise in the DeFi Space
Dec 19, 2024 08:30 am UTC| Digital Currency Insights & Views
Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. Launch of USDtb Stablecoin Ethena Labs has...
Navigating Inflation: The Fed's Cautious Path Amid Rate Cuts
Dec 19, 2024 03:18 am UTC| Central Banks Insights & Views
Recent Rate Cut Announcement The Federal Reserve has recently cut its benchmark interest rate by 25 basis points, bringing it down to a range of 4.25% to 4.5%. This marks the third consecutive rate cut in 2024, following...

Dec 18, 2024 15:50 pm UTC| Insights & Views
Gold prices lost its shine due to a strong U.S. dollar, hitting a low of $2,633at the time of writing and currently trading around $2,639. Gold prices are currently influenced by two main factors: the potential dovish...
Solana Meme Coins Soar: $BONK Hits New High as Community Engagement Fuels Growth
Dec 18, 2024 15:47 pm UTC| Digital Currency Insights & Views
Performance Overview In the past week, Solana meme coins have performed remarkably well, with several tokens showing notable price changes and increased trading activity. BONK: This popular meme coin reached a new...

XRP Whales Accumulate 22 Million Tokens as Market Anticipates Stablecoin Launch
Dec 18, 2024 15:27 pm UTC| Digital Currency Insights & Views
Ripple Whale Activity In the last three days, Ripple whales have been actively buying XRP, demonstrating strong confidence in the market. Whales, which are large investors holding between 1 million and 10 million XRP,...

Ethereum's Rising Sentiment: Whale Interest and ETF Confidence Shape Future Momentum
Dec 18, 2024 12:44 pm UTC| Digital Currency Insights & Views
Ethereum pared some of its gains due to profit-booking. It hit a high of $3,988 and is currently trading around $3855. Decline in Staking and Profit-Taking Recent data shows a significant decline in Ethereum...

Bitget's Rapid Growth: LaunchX Innovation and Record-Breaking Trading Volumes
Dec 18, 2024 08:28 am UTC| Digital Currency Insights & Views
Bitget Token (BGB) is the main utility token of the Bitget cryptocurrency exchange, launched on July 26, 2021. There are 2 billion BGB in total, with about 1.4 billion currently available. BGB offers benefits like...