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Other proposed improvements already locked in include smaller transaction sizes – which help speed up transactional times – and smart contracts functionality that could allow Bitcoin Cash-based applications built that offer recurring payments, derivatives trading, and crowdfunding opportunities, among other uses, to Bitcoin Cash users. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Coinbase has reported a significant reduction in net loss during the first quarter of 2023, as robust earnings from retail investor trading activity helped boost revenues. Coinbase significantly reduced its net loss in Q1 2023,
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“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice
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The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending. Source
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Chronos, which launched on April 27, is a so-called (3,3) exchange, using staking as a primary resource for accruing value to its token to achieve store-of-value status. The (3,3) paradigm was made famous by Ethereum-based Olympus DAO – one of the most prominent projects of the previous crypto bull run. Source
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Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007.
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The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more than 50% on April 25.According to the Head of Research at Australian crypto education platform Collective Shift,
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Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in the process. Chainlink (LINK) Chainlink
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More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows. Source
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The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst. Original Source
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