Author: Top Rated Cryptos
InQubeta (QUBE) and Cardano (ADA): Exploring Possibilities as 1inch Fund Acquires $10 Million of Ethereum (ETH) Overview: – The recent acquisition of $10 million worth of Ethereum (ETH) by 1inch Fund has sparked interest in the crypto community. – InQubeta (QUBE) and Cardano (ADA) are now being explored as potential beneficiaries of this investment. Key Points: 1. 1inch Fund’s ETH Acquisition: 1inch Fund, known for its involvement in the DeFi space, has made a significant move by acquiring $10 million worth of Ethereum (ETH). This acquisition has drawn attention to the potential developments that may arise from this fund. 2.…
Coinbase Extends Tender Offer and Increases Cap for Senior Notes Key Points: Coinbase has amended its tender offer for senior notes due 2031 The cap for the tender offer has been increased from $150 million to $180 million The expiration date for the tender offer has been extended to Sept. 18, 2023 Coinbase aims to strengthen its financial position and expand its operations Coinbase, the world’s second-largest cryptocurrency exchange, has recently announced updates to its tender offer for senior notes due 2031. Coinbase Global, Inc. has amended its tender offer for 3.625% senior notes due 2031, increasing the cap from…
MetaMask Introduces New “Sell” Feature for Converting Ethereum to Fiat Key Points: MetaMask, the renowned digital wallet service, has unveiled a new “sell” feature to facilitate the conversion of Ethereum to select fiat currencies. This move aims to offer users increased flexibility and convenience in managing their cryptocurrency holdings. The new feature is expected to attract more users to MetaMask and contribute to the platform’s growth. MetaMask continues to prioritize user experience and provide innovative solutions for secure and seamless cryptocurrency transactions. MetaMask, the digital wallet service known for its robust features and user-friendly interface, has recently introduced a new…
Tether’s CTO Reveals Massive US Treasury Holdings Surpassing Major Economies Key Points: Tether’s CTO, Paolo Ardoino, unveils the extensive US Treasury bill holdings of the company. Tether’s US Treasury holdings surpass those of prominent economies such as the United Arab Emirates, Australia, Japan, and Mexico. The revelation comes in a post on X (formerly Twitter), highlighting Tether’s significant investment in US Treasury bills. Tether’s decision to hold substantial US Treasury bills may impact the stability of the cryptocurrency market. Reykjavík, Iceland – In a surprising revelation, Tether’s Chief Technology Officer (CTO), Paolo Ardoino, has disclosed that the company possesses a…
Visa to Experiment with USDC Settlement Payments via the Solana Blockchain Key Points: Visa has announced its plan to experiment with USDC settlement payments via the Solana blockchain. This initiative aims to allow USDC settlement payments using the Solana blockchain starting from September 5. Visa’s partnership with Circle and Solana Labs will enable seamless USDC-denominated transactions. The move is expected to provide faster and more efficient cross-border transactions. This collaboration highlights the growing acceptance of blockchain technology within the mainstream financial sector. Visa, one of the world’s leading payment processors, is expanding its foray into the world of digital currencies…
SafePal’s Native Token SFP Surges 40% in One Month Key Points: SafePal’s native token SFP has witnessed a significant surge of almost 40% in just one month. The token’s value increase can be attributed to strategic partnerships and a soaring trading volume. SFP is the native token of SafePal, a popular crypto wallet platform. The native token of SafePal, a renowned crypto wallet platform, has been on an impressive upward trend lately. SFP, the token in question, has experienced a remarkable surge of close to 40% within a span of just one month. This surge in value can be primarily…
The Future of Crypto: Dapps and Meme-Based Cryptos to Drive the Next Market Cycle Introduction In a recent blog post, Xin Jiang, former Vice President of Binance, shared his perspective on the next crypto market cycle. According to Jiang, the cryptocurrency industry will witness a significant shift in dynamics, with decentralized applications (dapps) on mainstream social platforms and the emergence of meme-based cryptocurrencies playing a crucial role in driving the market forward. Key Points: The next crypto market cycle will be driven by dapps on mainstream social platforms. Meme-based cryptocurrencies are expected to gain prominence in the coming years. Jiang…
The Expansion of USDC on Base Network Key Points: Boston-based stablecoin issuer, Centre, has announced the launch of USDC on Base Network. Base Network, an Ethereum Layer-2 protocol incubated by Coinbase, will now have native USDC and USDC liquidity available to its users. The expansion of USDC onto Base Network aims to enhance scalability and reduce transaction costs for users. USDC will also benefit from the growing adoption of Base Network as a popular Layer-2 solution. This move further strengthens the position of USDC as the second-largest stablecoin in the cryptocurrency market. The Arrival of USDC on Base Network In…
The Art of Swing Trading in the Crypto Market Key Points: Understanding swing trading and its benefits in the crypto market Essential tips and strategies for successful swing trading Utilizing technical analysis in swing trading Managing risk and setting realistic expectations The future of swing trading in the evolving crypto market Introduction Swing trading has emerged as a popular trading technique in the dynamic and fast-paced world of cryptocurrencies. It allows traders to capitalize on short to medium-term price fluctuations and capture potential profits. In this article, we will explore the art of swing trading, its benefits, essential tips, strategies,…
Haun Ventures Hires Private-Equity Veteran Suzanne Kim for Investor Relations Key Points: Haun Ventures, a leading cryptocurrency investment firm, has appointed Suzanne Kim as its Investor Relations Manager. The move reflects the importance of effective communication between firms and investors in the rapidly evolving crypto industry. Suzanne Kim brings years of experience in private-equity to her new role and is expected to enhance Haun Ventures’ investor outreach efforts. Haun Ventures has made waves in the cryptocurrency investment world through its strategic approach and successful portfolio. In a recent announcement, the firm confirmed the hire of Suzanne Kim, a seasoned private-equity…