HOW MANY CRYPTO MILLIONERS ARE THERE ? There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC). The number of global crypto owners reached 580 million by the end of 2023, according to Crypto.com.15. 3. 2024. The allure of becoming a crypto millionaire has captivated many. Indeed, the appeal…
WHAT IS MARKET CAPITALIZATION ? Market capitalization, sometimes known as “market cap,” is the entire market value in US dollars of all outstanding shares of a company’s stock. Instead of looking at revenue or total asset worth, investors use this number to assess a company’s size. The market capitalization of a takeover candidate aids in…
For the previous month, Injective, a Layer 1 blockchain, has maintained a small trading range, indicating a pessimistic outlook. A phase of consolidation has begun for the INJ price, indicating a lack of interest from investors. This pattern aligns with a more general market decline as the cryptocurrency community waits for the next Altaris update….
Even with the severe decline in the cryptocurrency market, DeFi protocol Aave generated a whopping $6 million in revenue. Considering the intense pressure on other platforms, this accomplishment was a remarkable success. The release of the US jobs report and the Bank of Japan’s rate hike, which alarmed investors and resulted in intense selling pressure,…
On Monday morning, Ethereum plunged more than 20%, a victim of a severely wounded cryptocurrency market that seems to have been pulled down by alarming indications of a possible impending global recession. With the early wake-up call of a carnage on Monday, ETH fell almost 22%, from almost $3,000 to $2,280 at the time of…
Pre-market trading for U.S. stocks tied to cryptocurrencies has seen a steep decrease ahead of the opening bell, reflecting the dramatic decline in the larger crypto market. The sell-off has sent shockwaves through the ecosystem of digital assets and was brought on by a confluence of factors such as regulatory concerns, macroeconomic uncertainties, and geopolitical…
$528 million was pulled out of digital asset investment products last week, the first decline in four weeks. According to a recent analysis from CoinShares, the flight is thought to be a reaction to growing worries about a possible US recession, which are exacerbated by geopolitical unpredictabilities and the ensuing mass liquidations across a variety…
AI Acquires All of Its Knowledge from People. Will AI Teach Humans Anything, Too? One of the best go players in the world, Lee Sedol, was defeated by an artificial intelligence program named AlphaGo in 2016, taking the lead in four out of five games. By seeing how human players play the game and competing…
Among exchanges that support USD, Crypto.com held the largest market share in spot cryptocurrency trading volume in July. The Block Data Dashboard reports that Crypto.com, with a 38.5% market share in spot cryptocurrency trading volume, ranked #1 for the first time in more than two years. Coinbase came in second place with 35.8% of the…