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HomeMarket Analysis

Market Analysis

Bitget’s proof of reserves sets record with a total reserve ratio of 223%
Market Analysis

Bitget’s proof of reserves sets record with a total reserve ratio of 223%

July 13, 2023 0

Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200% in the past seven months. […]

Market Analysis

Stocks of Big Mining Companies Rode Bitcoin’s 85% Surge in 2023

July 13, 2023 0

The increase in Bitcoin’s price since the start of the year has been a boon for the stock of mining companies surviving the winter of 2022. The stocks of several mining companies, including Canaan, Cipher […]

Market Analysis

Polygon proposal seeks to upgrade native token MATIC to POL

July 13, 2023 0

Polygon’s technical upgrade could see MATIC renamed to POL. POL will operate on multiple chains including PoS, zkEVM and Supernets. The price of MATIC rose after the news, up 5% in 24 hours as daily […]

Litecoin (LTC) Miners Prepare for Halving: What’s in Store for Litecoin Price?
Market Analysis

Litecoin (LTC) Reclaims $100 Level After Previous Breakdown

July 13, 2023 0

The Litecoin (LTC) price has increased since July 10 and is currently trading inside the $100 horizontal area, possibly validating it as resistance. There are mixed signs in regard to the price action and indicator […]

Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
Market Analysis

Dapper Labs lays off 51, cites prolonged crypto winter in NFT market

July 13, 2023 0

51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior layoffs in November and February. In the midst of a […]

Bitcoin Miner Hive to Use Huge Nvidia GPU Fleet in AI Pivot
Market Analysis

Hive Bitcoin Miner Warms Up to Artificial Intelligence With AI Pivot

July 13, 2023 0

Bitcoin mining giant Hive has announced a name change and a major shift in focus towards artificial intelligence (AI). The firm has dropped the ‘Blockchain’ part of its name, replacing it with ‘Digital Technologies’ to […]

Elon Musk Launches xAI With Twitter Tesla Collaboration Plans
Market Analysis

Elon Musk’s New Venture xAI to Challenge OpenAI in AI Sector

July 13, 2023 0

xAI is a new independent venture launched by Elon Musk that will attempt to ‘understand reality.’ The company has former members of OpenAI, Google, Microsoft, and DeepMind. Elon Musk has launched an independent venture to […]

Market Analysis

More Real World Assets Are Becoming Tokenized on Blockchains

July 13, 2023 0

The tokenization of real-world assets (RWA) is one of the few sectors in the crypto industry that is currently seeing healthy growth. As a testament to that progress, the value of tokenized US Treasuries has […]

Crypto Liquidity and Volume Rankings See Big Improvements for XRP
Market Analysis

Ripple Crypto Liquidity Jumps Higher Alongside Arbitrum

July 13, 2023 0

Blockchain and crypto data insights firm Kaiko has released its crypto liquidity ranking report for the second quarter. There have been some shakeups in the listings, which see improvements for Ripple’s XRP asset. On July […]

How a Pepe 2.0 Trader Turned $12,000 Into $1 Million in Just 10 Days
Market Analysis

How a Pepe 2.0 Trader Turned $12,000 Into $1 Million in 10 Days

July 13, 2023 0

The exponential rise of Pepe ($PEPE) has led to an influx of copycat coins – with Pepe 2.0 ($PEPE2.0) being one of the most successful. Notably, some traders have made life-changing returns by jumping on […]

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