Coinspeaker Solana Network: Monthly DEX Trading Volume Surpasses $100B for First Time

As its recent growth and various achievements suggest, Solana may be putting up its best performance yet. That is, since its inception as a blockchain network. Keeping up its momentum after last week’s report, the platform has reported yet another set of notable feats, both in the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems.

According to data from DefiLlama, Solana’s monthly decentral

Coinspeaker Ripple’s XRP Aims to Retest ATH in Near Term Fueled by Heightened Demand from Whale Investors

After a bullish breakout from a multi-year triangular pattern earlier this month, Ripple Labs-backed XRP XRP $1.49 24h volatility: 6.1% Market cap: $85.00 B Vol. 24h: $12.47 B has signaled the bulls are in control. In the last three weeks, XRP price has rallied more than 200% to trade at about $1.51 on Monday, November 25, during the early New York session.

For the first time since April 2

Coinspeaker Wall Street’s Cantor Fitzgerald Eyes $2B Bitcoin Lending Initiative in Partnership with Tether

Cantor Fitzgerald, an American financial services firm led by Chairman and CEO Howard Lutnick, is reportedly exploring a major collaboration with Tether to launch a $2 billion Bitcoin-backed lending program.

According to Bloomberg, the project, initially unveiled in July this year during a Bitcoin Conference in the United States, aims to provide US dollar loans using Bitcoin BTC $98 330 2

Coinspeaker Philippines to Tighten Virtual Asset Reporting Rules by January 1

The Philippines is advancing its regulation of the virtual asset sector through a new reporting system initiated by the Bangko Sentral ng Pilipinas (BSP). A reporting portal is scheduled for launch on January 1, 2025, with a draft circular released recently outlining enhanced data submission requirements for virtual asset service providers (VASPs).

Under the updated rules, VASPs must submit thirteen reports at specif

Coinspeaker Heavy Crypto Liquidations Registered in Last 24 Hours as Altseason Teases via Large Cap Surge

As Bitcoin price BTC $98 422 24h volatility: 0.5% Market cap: $1.95 T Vol. 24h: $58.28 B failed to reach the much-anticipated target of $100K last week, crypto traders shifted their focus to altcoin projects with more bullish sentiment. In the last seven days, altcoins that were previously perceived as ‘zombie coins’,  led by XRP XRP $1.49 24h volatility: 2.6% Market cap: $84.82 B Vol. 24h:

Coinspeaker Metaplanet Deepens Crypto Presence with Planned Launch of Bitcoin Magazine in Japan

Asia’s MicroStrategy, Metaplanet, is expanding its footprint in the cryptocurrency sector. On Monday, November 25, the company announced plans to launch a localized edition of Bitcoin Magazine in Japan.

According to an official announcement, the company confirmed it has secured an exclusive licensing deal with BTC Media Inc, a subsidiary of BTC Inc, granting Metaplanet the rights to introduce Bitcoi

Coinspeaker Whale Sells 130B PEPE, Swaps Meme Coin for EIGEN

A whale wallet holding a humongous amount of Pepe PEPE $0.000020 24h volatility: 0.2% Market cap: $8.61 B Vol. 24h: $3.47 B meme coins has swapped its holdings for EIGEN EIGEN $3.14 24h volatility: 11.4% Market cap: $586.95 M Vol. 24h: $253.89 M , the native token of EigenLayer, an Ethereum restaking protocol, while selling a whopping 130 billion in PEPE tokens. The transfer suggests that crypto investors are now capitalizing on the g

Coinspeaker Hong Kong’s ZA Bank Becomes Asia’s First Bank to Offer Retail Crypto Trading

Hong Kong’s ZA Bank has always prided itself as an industry leader, and its recent move may be another testament to this fact. This follows after the bank announced on Monday that it has become Asia’s first bank to allow retail customers to trade cryptocurrencies. According to the press release by the bank, users may have direct access to crypto trading services through its banking app. This development rep

Coinspeaker Axie Infinity’s Sky Mavis Reduces Employee Headcount by 21%

Sky Mavis, the creator behind the Axie Infinity game, has decided to undergo a headcount reduction. This decision will impact 21% of its workforce, which accounts for 50 employees in a team of 250 individuals. This new development comes as the firm looks forward to growth and expansion in the coming year. 

Axie Infinity Growth Pursuit in 2025

According to Trung Nguyen, the CEO and co-founder of Sky Mavis, the layoff is no

Coinspeaker Tether Mints Additional $3 Billion USDT Stablecoins, Tron Dominates Transactions

The stablecoin inflows in the crypto market surged significantly in November following Donald Trump‘s victory and in tune with the broader market rally. Last Saturday, November 23, stablecoin issuer Tether issued an additional $3 billion worth of USDT USDT $1.00 24h volatility: 0.1% Market cap: $132.76 B Vol. 24h: $78.90 B tokens, on both the Ethereum and the Tron blockchain networks. This development c

Coinspeaker Sui (SUI) Network Signs Strategic Partnership with $1.5T Asset Manager Franklin Templeton Digital Assets

Sui SUI $3.47 24h volatility: 2.5% Market cap: $9.89 B Vol. 24h: $1.69 B , a fast-growing layer 1 blockchain that leverages the Move computer language, has announced a strategic partnership with Franklin Templeton Digital Assets to further enhance the growth and adoption of the web3 ecosystem. According to the announcement, Franklin Templeton Digital Assets will focus on enabling

Coinspeaker Ethena Labs Plans to Integrate USDe on Deribit Exchange

Ethena Labs has announced the upcoming integration of its USDe USDe $1.00 24h volatility: 0.2% Market cap: $3.77 B Vol. 24h: $243.77 M as rewarding margin collateral on the Deribit derivatives exchange. As a result of this potential integration, Deribit users can earn rewards for holding USDe. They can still use the token as derivative margin collateral in cross-collateral pools.

According to the derivatives exchange, this mov

Coinspeaker 58% of Traders on Binance Are Shorting, What’s Next for Bitcoin?

Bitcoin BTC $98 745 24h volatility: 3.2% Market cap: $1.95 T Vol. 24h: $105.50 B flirted the $100,000 mark today, rising over 2% to reach a record high of $99,480 earlier in the session. This week alone, Bitcoin has surged 9.1%. Despite the impressive rally, Bitcoin faces immense selling pressure. Market sentiment has turned bearish over the past few weeks. Traders are heavily favoring short positions, expecting the pr

Coinspeaker Toncoin May Struggle to Break $6 in 2024: Here Is Why

Toncoin TON $5.48 24h volatility: 0.5% Market cap: $13.96 B Vol. 24h: $467.98 M , a cryptocurrency closely associated with the messaging giant Telegram, has been on a tumultuous journey in recent weeks. Once seen as a potential frontrunner in the blockchain space due to its unique connection to a massive user base, Toncoin has recently faced significant price fluctuations, struggling to maintain critical support levels. Investors

Coinspeaker Binance Expands Compliance Team by 34%, Targeting Industry Leadership amid Rapid Regulatory Growth

The Binance crypto exchange aims to boost its full-time compliance staff to 645 by the end of 2024. This is according to a Friday press statement released by the firm.

According to the world’s largest crypto exchange, this would represent a 34% increase from the number of staff it had in this department as of last November. Notably, Binance continues to eye the possibility of building

Coinspeaker FTX Token (FTT) Price Shoots 36% after Exchange Reorganization Plan

FTT, the native cryptocurrency of bankrupt crypto exchange FTX, surged by a staggering 36% in the last 24 hours shooting all the way to the high of $2.96 earlier today. This massive FTT price rally comes against the backdrop of crypto exchange FTX announcing its reorganization plan, scheduled to kickstart in January 2025.

On Thursday, November 21, the defunct crypto exchange FTX confirmed that it has secured the co

Coinspeaker Ethereum (ETH) Price Forms Massive Bullish Divergence amid Low Demand from Whale Investors

As Bitcoin BTC $97 926 24h volatility: 0.4% Market cap: $1.93 T Vol. 24h: $99.95 B holders prepare to begin celebrating the $100K milestone, Ethereum ETH $3 290 24h volatility: 1.7% Market cap: $394.99 B Vol. 24h: $47.63 B price is facing a crucial resistance range between $3,380 and $3,427. The large-cap altcoin, with a fully diluted valuation of about $402 billion and a daily average traded

Coinspeaker Dogecoin Eyes New High at $2.4 as Elon Musk’s D.O.G.E Fuels Open Interest

Traders and investors look forward to a potential price rally for canine-themed meme coin Dogecoin DOGE $0.40 24h volatility: 3.2% Market cap: $59.55 B Vol. 24h: $11.11 B . This coin is predicted to go as high as $2.4, reaching a 515.38% increase from its current price level. DOGE is trading at $0.3901 after registering a 1.8% increase in the last 24 hours.

Apart from its market cap, which has increased to $5

Coinspeaker Say Bye to Ethereum Gas Fees, Here’s How MetaMask’s Gas Station Makes It Possible

Ethereum wallet MetaMask unveiled its new Gas station feature allowing users to conduct token swaps without any need for ETH ETH $3 354 24h volatility: 2.2% Market cap: $403.92 B Vol. 24h: $52.87 B or gas fees. Dubbed gas-included swaps, this feature is now live for the users of MetaMask extension on the Ethereum mainnet.

The goal is to simplify transactions while eliminating the barrier pertaining to

Coinspeaker South Korea’s Upbit Returns Over $6 Million to 380 Victims of Telecom Fraud

South Korean cryptocurrency exchange Upbit has taken a commendable step by returning over $6 million (8 billion KRW) to 380 victims of telecom fraud. This initiative was part of a broader effort to combat illicit activities that often target digital assets trading platforms.

The recovered funds stemmed from fraudulent activities that exploited Upbit’s services, with perpetrators targeting users through sche