Tag: Report

Binance Unveils 2023 Full-Year Market Performance Report

The Binance report revealed that on-chain metrics indicated a remarkable resurgence in gaming activity in 2023. Binance, the world’s largest cryptocurrency exchange by trading volume, has released its yearly report on the digital assets industry for 2023 and a possible outlook for the new year. In a blog post published on January 15, 2024, the company revealed that the industry witnessed a significant comeback with a 109% increase in total market capitalization after the year-long turbulence in 2022. Market Resilience amidst Turbulence The report, authored by the Binance research team, JieXuan…

First Two Weeks Show Major Updates, Report

In a report from the educational tool Essential Cardano, the team behind Input Output Global (IOG) showed some of the latest updates to ship in the ecosystem. From performance to scalability, the network continues to implement improvements. Cardano has been regaining bullish momentum in the crypto market as the news of the spot Bitcoin Exchange Traded (ETF) fund in the US pushed the sector higher. At the time of writing, ADA’s price trades at $0.5 with a 7% profit in the last week. ADA’s price trends to the upside on…

BlackRock Reveals $4.63B in Q4 2023 Earnings Report, Acquires Global Infrastructure Partners for $12B

Figures reported by BlackRock for Q4 2023 beat the expectations of analysts as the company also purchased Global Infrastructure Partners. Giant asset manager BlackRock Inc (NYSE: BLK) has announced earnings for Q4 2023, with figures beating Wall Street expectations. According to reports, BlackRock had profit of $0.15, and $9.66 per share for earnings adjusted for restructuring and amortization costs. Also, the total revenue for BlackRock Inc’s Q4 2023 was $4.63 billion, which met expectations on Wall Street. In addition to BlackRock’s figures for Q4 2023, the company also announced the…

Apple Expunges Binance, Kraken, Kucoin, Huobi and Other Crypto Exchanges From App Store in India: Report

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Apple has reportedly booted out several crypto exchanges from its app store in India amid allegations that most of these platforms are illegally operating in the country. TechCrunch reports that Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex and OKX’s apps are no longer accessible on Apple’s India app store, though customers who have already installed them on their devices can still use them. The development comes after the nation’s Financial Intelligence Unit (FIU) accused Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXCGlobal and Bitfinex of violating the Prevention of Money Laundering…

Crypto.com, Bybit and Other Centralized Exchanges See Trading Volume Skyrocket in December: Report

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New data reveals that prominent centralized exchange (CEX) platforms, including Crypto.com and Bybit, saw their trading volumes surge in December. According to blockchain reporter Colin Wu, in December, the overall spot trading volume of centralized crypto exchanges rose 27.4% month-on-month despite some of them seeing notable dips. “In December, the spot trading volume of major exchanges rose by 27.4% month-on-month. The top three in terms of percentage change were Gate at 65%, Crypto.com at 50%, and Bybit at 44%. The bottom three were BitMart at -24%, Bitget at -12%, and…

Crypto Payments Soared To Unprecedented Levels In 2023, CoinGate Report Reveals

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The year 2023 witnessed a remarkable surge in crypto payments, signaling a significant milestone in adopting digital currencies for retail and e-commerce transactions.  According to a recent report by CoinGate, a crypto payment processor firm, the number of crypto payments processed reached staggering heights, showcasing robust growth and diversification in the crypto landscape.  Massive Surge In Crypto Payments In 2023, CoinGate processed an astounding 1,294,058 cryptocurrency payments, marking a 39.4% increase compared to the previous record. This exponential growth, equivalent to one payment every 24 seconds, underscores the accelerating pace…

New Report Predicts When The XRP Price Will Cross $1.56

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A recent crypto report has delved into the XRP price, forecasting the cryptocurrency to surpass the $1 peg in 2024. The report also included predictions for the cryptocurrency’s pricing over the next few decades.  2024 Monthly Prediction Popular cryptocurrency exchange, Changelly published a new XRP price report on January 5, providing a comprehensive forecast of the cryptocurrency for each month in 2024. Before outlining its predictions, the crypto exchange delved into XRP’s past successes and hurdles between 2017 till date. In 2018, when XRP reached its price peak of $3.84,…