Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
PBoC sets USD/CNY reference rate at 7.0947 vs 7.0949 previous
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Foreign Exchange Reserves (MoM) registered at $3.246T above expectations ($3.21T) in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
AAVE price climbs as founder talks of “fee switch” to redistribute fees to stakers and holders
AAVE founder discussed the redistribution of fees to the asset’s stakers and holders, in a “fee switch” move. The platform’s DAO earns approximately $50 million in net profits annually. The founder announced a temperature check to … [Continue reading]
Astar zkEVM plans mainnet upgrade for April 10, set to boost functionality and performance
Astar, an Ethereum Layer 2 scaling solution announced a mainnet upgrade for April 10. The upgrade is expected to enhance the functionality and performance across the zKyoto testnet and zkEVM mainnet. ASTR price is in a downward trend, … [Continue reading]
Bitcoin halving is less than two weeks away, traders likely to buy the rumor sell the news
Bitcoin is likely to see a repeat of the 2016 halving, selling pressure could pile up to four months later. Three previous Bitcoin halvings were followed by a price rally in the asset, analysts expect the same for the upcoming event. BTC price … [Continue reading]
Genesis spends over $2 billion to acquire Bitcoin to repay customers for GBTC shares
Crypto lender Genesis has purchased 32,041 Bitcoins to repay customers by redeeming Grayscale BTC shares. As per a court filing, the sale of GBTC was completed on April 2. Genesis has purchased Bitcoin at an average price of … [Continue reading]
Ethereum Layer 2 chains see nearly 32 million transactions per week after Dencun upgrade
Ethereum Dencun upgrade resulted in a significant decline in Layer 2 gas costs, driving higher on-chain activity to these protocols. Transactions climbed to nearly 32 million per week on Arbitrum, Optimism and Base. Prices of Layer 2 … [Continue reading]
Solana scrambles to patch failed transactions on its chain, crushed under rising user activity
Solana co-founder defended the rate at which transactions are failing on the SOL blockchain. Co-founder Raj Gokal says that world class engineering teams are working to push fixes to the SOL chain. Solana has seen a surge in new addresses and … [Continue reading]
Coinbase sees revival of class action lawsuit filed by consumers alleging illegal contracts
The 2nd US Circuit Court of Appeals reversed a ruling that dismissed a class action lawsuit against Coinbase. The proposed lawsuit seeks damages from the sale of 79 digital assets. Coinbase CLO applauds the Second Circuit for confirming that … [Continue reading]