Litecoin (LTC), one of the oldest cryptocurrencies, is showing signs of renewed interest and growing momentum in the market. Over the past few weeks, the digital asset has been gaining attention from investors and crypto aficionados, with key indicators suggesting a more favorable outlook for the token. Whether it’s the apparently surging social media volume, … Read more
The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or roughly 119% of Visa and 200% of Mastercard.
The fees for transactions on the Ethereum network have seen a sharp drop and now stand at just $0.41. That is quite a change from the high of $15.21 that was reached within the past two years. And $0.41 is an average; some transactions are going through at even lower costs. This large fee decrease … Read more
Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption.
Coinbase CEO Brian Armstrong shares insights on the potential evolution of meme coins, comparing them to transformative early internet trends. Armstrong highlights the importance of transparency, stating that while meme coins can empower user choice, unethical practices within the market pose serious risks. Commenting on recent controversies, Armstrong warns about illegal activities surrounding meme coins, … Read more
Trading and investing platform Etoro announced that its EU subsidiary, Etoro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) to provide crypto services across the European Union under the Markets in Crypto-Assets Regulation (MiCA). Avi Sela, Chief Operating Officer – Regulation at Etoro, emphasized the importance of regulation in … Read more
On February 20, COINOTAG News reported that Metaplanet, a publicly traded entity in Japan, has augmented its Bitcoin holdings by acquiring an additional 68 BTC, valuated at approximately $6.6 million. This recent acquisition increases Metaplanet’s total Bitcoin reserves to 2,100 BTC, equivalent to around $203 million. Notably, this positions Metaplanet as a holder of roughly … Read more
In a significant turn of events, a recent report by Nansen reveals that 86% of LIBRA investors incurred losses totaling $251 million, with insiders and automated bots reaping $180 million in profits. This stark disparity raises red flags about potential insider manipulation, especially given President Javier Milei’s deleted tweet that initially fueled LIBRA’s price surge. … Read more
On February 20th, COINOTAG News reported significant activity from a long-time Ethereum investor, identified by on-chain analyst @ai_9684xtpa. This prominent whale, known for accumulating ETH since 2018, has made a substantial deposit of 4,254 ETH into Binance, equivalent to a notable $11.67 million. Historical data reveals that the acquisition cost for this wallet’s ETH portfolio … Read more
Here is what you need to know on Thursday, February 20: While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday. The US economic calendar will feature the weekly Initial Jobless Claims report and the European Commission will publish … Read more