Category: Reviews

Ethereum Stablecoins Soar, Uniswap Hits $170B

Key Notes Ethereum’s stablecoin volume hit a record $2.82 trillion in October. USDC and USDT led the surge, accounting for the bulk of onchain settlements. Uniswap processed $170.9 billion, topping all decentralized exchanges. Ethereum’s stablecoin ecosystem exploded in October, hitting a new all-time high in monthly transaction volume with traders rotating into stable assets and yield strategies as the broader crypto market spiraled into uncertainty. Stablecoins on Ethereum Dominate According to The Block’s data, stablecoin volume on Ethereum reached $2.82 trillion, marking a 45% jump from September’s $1.94 trillion. This…

Hong Kong Opens Crypto Floodgates to Global Capital

Key Notes The SFC plans to allow local crypto platforms to share global order books. More liquidity will enter the Hong Kong market with this move. The shift also aligns crypto trading practices with more traditional asset-trading frameworks used in Hong Kong. Hong Kong’s Securities and Futures Commission hinted at easing restrictions and encouraging cryptocurrency trading with its new plans. The city’s top market regulator will allow locally licensed virtual-asset trading platforms, also known as VATPs, to share global order books with their overseas affiliates, according to a Bloomberg report…

Live: Crypto Market Is Down on Nov. 3, What Is Behind This Drop?

The crypto market cap has lost 3.5% to $3.6 trillion after a wave of liquidations. Let’s explore the most important market updates today, on Nov. 3. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Cryptocurrency News, News Julia is an…

History Says It’s The Most Bullish Month In History

The XRP price performance in the month of November has historically been more bullish than not, confirming higher returns than any other month in the year. Given this trend, it is possible that the XRP price could be headed for a rapid increase this new month. However, there is also the fact that the price had closed in the red back in October, and this performance could have an impact on how the cryptocurrency turns out in November. Looking At XRP Price Performances In November According to data from CryptoRank,…

Solana (SOL) Nosedives — Sellers Tighten Grip, Recovery Attempts Fail

Solana started a fresh decline from the $188 zone. SOL price is now consolidating losses below $180 and might decline further below $175. SOL price started a fresh decline below $185 and $180 against the US Dollar. The price is now trading below $182 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $192 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $175 or $172. Solana Price Dips…

Ethereum Founder Vitalik Buterin Triggered 120% ZkSync Price Rally With This Post

Key Notes ZKsync price surged 120% after Vitalik Buterin praised the project’s contributions to Ethereum scalability. The rally followed ZKsync’s “Atlas” upgrade announcement introducing faster, more interoperable institutional-grade payments. ZKsync confirmed over 30 major institutions joined as observers for its new privacy-focused “Prividium” layer. ZKsync price rallied 120% to hit $0.74 on Sunday after Ethereum co-founder Vitalik Buterin’s endorsement triggered intense market optimism. The move began on Friday when ZKsync founder Alex Gluchowski, announced the launch of the Atlas upgrade, citing institutional-grade scalability, interoperability, and transaction speeds as key features.…

Dash Price Crosses $90 First Time in 3 Years as Bitcoin and ZCash (ZEC) Retreat: Here’s Why

Key Notes Dash price jumped 25.84% in 24 hours, crossing $90 for the first time since 2022. Bitcoin and ZCash prices faltered as investors rotated into Dash. DashPay team’s new report spotlighted five major product upgrades fueling investor optimism. Dash price rose 25.84% over the last 24 hours, outpacing rival privacy coins ZCash (ZEC) and Bitcoin. As of Sunday, November 2, Dash trades at $90, marking its first time above the $1 billion market cap since 2022. Over the past month, privacy coins have witnessed a remarkable resurgence, with ZEC…

Hedera Price Prediction: Falling Wedge Pattern Hints 150% Upside Amid $44M HBAR ETF Inflows

Key Notes HBAR gains 3% in 24 hours, hitting $0.20 after ETF inflows surge. Canary’s HBAR ETF records $44 million in net inflows, leading altcoin peers. Falling wedge breakout pattern projects up to $0.50 if bullish momentum holds. After closing October with a 13% loss, Hedera (HBAR) price dipped by another 3% in the last 24 hours, hitting $0.19 on November 2. As macro headwinds taper off, Hedera appears to be benefiting from $44 million ETF inflows, as institutional investors take on a bullish outlook on HBAR’s enterprise solution prospects.…

UAE Telecom Giant du Enters Crypto Mining

Key Notes Telecom company du has launched a cloud miner in the UAE. The contracts reportedly begin at 250 TH/s. The first auction for these contracts runs from November 3 – 9. The UAE-based telecom giant du has launched its “Cloud Miner,” a mining-as-a-service platform, which will take care of hardware, electricity, and maintenance for its customers. According to a report by The National, du’s Cloud Miner allows UAE residents to subscribe to crypto-mining capacity instead of buying hardware. This lowers the barrier for everyday users to participate in crypto…

Michael Saylor Announces 10.5% STRC Monthly Dividends as Bitcoin Treasuries Take $20B Haircut in October

Key Notes Strategy raises STRC monthly dividend to 10.5%, up from 10.25% last week. Bitcoin treasury firms shed $20 billion in market cap as BTC fell 8%. Despite losses, total Bitcoin holdings by treasury firms increased by 3,970 BTC in October. Michael Saylor-led Bitcoin-focused firm Strategy has announced a 10.5% monthly dividend on its STRC stock, signaling confidence in its Bitcoin-backed financial structure. The move follows a positive Q3 report, where the company declared $3.9 billion in profits, a massive improvement from $432.6 million in losses recorded in Q3 2024.…