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XRD has rallied by 176% to $0.114, with the price reaching a 12-month high of $0.15 at one point, Messari data show. The rally has lifted the cryptocurrency's market capitalization to $1.16 billion, making it the 46th largest coin in the market. In four weeks, market leaders bitcoin (BTC) and
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MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin's 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency.MSTR daily price
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The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking. Source
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UBS Group doubled its initial offer and agreed to buy its competitor Credit Suisse for nearly $2 billion on March 19, in a historical deal for the two biggest banks in Switzerland, the Financial Times reported.UBS previously put a $1 billion offer on the table on March 18, but the
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The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several services including region-specific
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"It could be a case of traders fading the hype of STX and shorting, largely due to the return of deeply negative after every price rally in the last week," Conor Ryder, research analyst at Paris-based Kaiko, told CryptoX. "I suspect traders are betting that there isn't a follow-up to
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey. State Senator Wendy Rogers, 68, introduced two bold bills in the Arizona
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Stefan Rust, CEO of blockchain technology firm Laguna Labs, said Solana has “held the ground solidly” by staying within the top 20 cryptocurrencies by market capitalization post-FTX, while hitting the metrics developers seek, including a project's "distribution," "difficulty in using toolsets," "marketing and visibility" and "money." He expects SOL's price
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"Last week, Alameda's balance sheet was questioned, and Binance also announced that it would liquidate FTT and other assets related to the FTX exchange," Griffin Ardern, a volatility trader from crypto asset management firm Blofin, said. "This appears to have caused a panic among investors, who chose to hedge their
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