Solana doubled Ethereum’s trading volume, hitting $5.39B vs. $2.14B, while perpetual trading reached $1.09B, surpassing Ethereum’s $470M. Solana is defying the market downturn, generating significantly more revenue than Ethereum. Data collected by blockchain researcher Aylo shows Solana-based apps pulled in ten times more revenue than their Ethereum-based counterparts. Speculation as...
Major Pi Network (PI) Achievement Ahead of Open Network Launch
The launch of Pi Network's Open Network is scheduled for next week. TL;DR Pi Network’s follower count on X has surged to 3.7 million, placing it among the top five most-followed cryptocurrencies globally. The upcoming Open Network launch is set to make Pi tokens publicly tradable, with major exchanges like...
Will Crypto Markets React to $2B Bitcoin Options Expiring
Friday has come around again, and that means Bitcoin options expiry day, but can it provide a spark of momentum for spot markets, which have been pretty flat all week? Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2...
Metaplanet to Join the MSCI Japan Index in February
Metaplanet’s addition to the MSCI Japan Index is expected to drive passive investment from ETFs and institutional funds. Metaplanet, a Japanese Bitcoin investment firm, is set to be included in the MSCI Japan Index on February 28, a move expected to drive significant investment inflows. This development comes as the...
Crypto Boom Boosts Robinhood’s Revenue by Over 700% in Q4 2024
Last summer, Robinhood announced its $200 million acquisition of Bitstamp to deepen its global crypto presence with one of the oldest exchanges Robinhood Markets saw its revenue more than double in the fourth quarter of 2024. This was fueled by a surge in cryptocurrency trading owing to the favorable US...
First Solana Layer-2 Project Solaxy Crosses $20M in Presale Funding – Next Crypto to Pump?
Solana is one of the biggest blockchains in the world – but network congestion is still a huge issue. That’s where Solaxy (SOLX) comes in. This new Layer-2 solution for Solana has raised over $20 million in presale funding. And some early backers think the native SOLX token could see...
BTC Bull Token Rockets Past $1M in ICO Funding – Could It be the Hottest New Bitcoin Play?
A new Bitcoin-themed meme coin called BTC Bull Token just passed the $1 million mark in its ICO. This project offers a unique way for holders to generate BTC rewards. The big question is: Could BTC Bull Token (BTCBULL) help capitalize on the anticipated Bitcoin bull run? Inside BTC Bull Token...
Figment Joins Blockchain Association to Advance U.S. Crypto Policy and Institutional Staking Adoption
[PRESS RELEASE – Please Read Disclaimer] Today, Figment, the leading independent staking infrastructure provider with over $15B in staked assets, announced it is joining the Blockchain Association, the leading trade association for the cryptocurrency industry in the United States. Joining forces with the country’s preeminent exchanges, venture capital firms, infrastructure,...
Higher Inflation Shakes Bitcoin: Could Whales Prepare to Capitalize on Retail Overreactions?
Santiment predicts a scenario where whales accumulate Bitcoin as retail traders panic in fear. Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached...
Rise Surpasses $500 Million in Total Payroll Volume, Solidifying Its Leadership in Hybrid Payroll
[PRESS RELEASE – Please Read Disclaimer] Rise, the leading hybrid payroll and contractor payment platform is proud to announce its major milestone: surpassing $500 million in total payroll volume paid out to global teams. This comes only six months after hitting the $300M milestone in September of 2024, highlighting Rise’s rapid...
