Ethereum Poised for $1 Billion Profit in 2024 as DeFi Surges

In the first quarter of 2024, Ethereum is expected to reach a billion dollars in total earnings, following a revenue increase of 155% compared to the same period the previous year. This substantial income marks a near-doubling from the $123 million profit earned in the last quarter of 2023, as reported by analyst Michael Nadeau … Read more

“Own The Doge” Acquires Doge Meme Copyright

The “Own The Doge” DAO, which functions decentralized and autonomously, declared they’ve obtained the copyright for the Shiba Inu image – the basis for Ethereum‘s Shiba Inu altcoin and Dogecoin‘s logo. In 2010, Kabosu, a Shiba Inu dog owned by Atsuko Sato, gained fame online after her photo was shared on the internet. This picture, … Read more

Kraken Acquires TradeStation Crypto for US Expansion

Kraken, a well-known cryptocurrency exchange, aims to strengthen its position in the US market by purchasing TradeStation Crypto, the digital asset division of TradeStation, an online brokerage. Obtaining additional licenses through this acquisition will enhance Kraken’s regulatory status within the United States. Over the last few years, TradeStation Crypto, which is based in Florida, has … Read more

Bitcoin’s Role in Cross-Border Payments: IMF

According to new research by the International Monetary Fund (IMF), Bitcoin is revolutionizing the way payments are transferred globally. This study, derived from extensive data, highlights Bitcoin’s promise for regions with rigid banking rules or restricted access to financial institutions. A study distinguishes between two kinds of Bitcoin transactions: on-chain and off-chain. On the one … Read more