Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%. Despite this, the price
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XRP poised for year-end surge: Can it reach $1 by 2025?
There are many factors at play here, but XRP by Ripple is optimistic about ending the current year, that is, 2024, on a higher note. For starters, Ripple versus the SEC is likely to have a final judgment in the next couple of months. If favorable, it will trigger an upswing in XRP’s value. However, …
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Crypto Exchange Coinbase Adds Solana-Based DEX to Listing Roadmap
Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap. On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future. Drift is an open-source DEX that enables transparent and non-custodial trading. Explains the project, “Drift was designed The post Crypto Exchange Coinbase Adds Solana-Based DEX to Listing Roadmap appeared first on The Daily Hodl .
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BlackRock Bitcoin ETF Hits Massive Record, Dust Rivals
As the trend has been since the United States Securities and Exchange Commission (SEC) greenlighted spot Bitcoin ETFs in January, BlackRock Inc’s IBIT has once sustained its lead in the ETF game. The Bitcoin ETF recently recorded massive flows and record corporate holders. BlackRock Shocks Spot Bitcoin ETF Market According to Bloomberg Senior ETF analyst The post BlackRock Bitcoin ETF Hits Massive Record, Dust Rivals appeared first on CoinGape .
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Baidu Beats Quarterly Revenue Estimates Amid Its AI Push
Baidu shares (NASDAQ: BIDU) rose 1.22% Thursday after the Chinese search giant reported a revenue upbeat for the first quarter of 2024. Baidu Records $4.3 Billion Q1 Revenue The Beijing-based company recorded a revenue of 31.5 billion yuan ($4.3 billion) in Q1 ended March, which is slightly higher than the 31.4 billion yuan estimates. The
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US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions. In contrast, Grayscale’s Bitcoin Trust (GBTC) saw inflows of approximately $27 million during
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