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Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived. JUST IN 🚨: Coinbase $COIN soars by more than 30%, its largest gain in history 📈 pic.twitter.com/L7QuNzWAuS — Barchart (@Barchart) November 6, 2024 BTC soared more than 10% f rom an opening price of $67,850.01 yesterday to trade at $74,756.42 as of 2:40 a.m. EST. Meanwhile, meme coins stole the show with a 13% surge in their collective market cap. And the post-election gains were not limited to crypto tokens, with the share price of Coinbase, the leading US crypto exchange, soaring over 31% during yesterday’s trading session. Small-Cap Meme Coins Rally After Donald Trump Win Smaller-cap meme coins were the top gainers in the lighthearted sector of the crypto market. Following an impressive 301% gain, AMATERASU OMIKAMI (OMIKAMI) claimed the title of the best 24-hour performer in the meme coin market....

Key takeaways Bitcoin is up by 3% in the last 24 hours and is now trading above $43k once again. Memeinator is set to conclude the 13th stage of its presale and has raised nearly $4 million so far.  Bitcoin now trading above $43k The cryptocurrency market has been bearish over the last two weeks. However, the trend is changing and Bitcoin has recovered some of its lost value. Bitcoin is up by more than 3% in the last 24 hours and is now trading above the $43k level again. At press time, the  price of Bitcoin stands at $43,365 per coin. Bitcoin’s positive performance has spread across the broader market, with the total cryptocurrency market cap now above $1.65 trillion. The rally comes as investors expect the US Federal Reserve to maintain its current interest rate. However, if the Fed is to reduce interest rates, BTC and other cryptocurrencies could rally higher in the short term. With the market looking promising, this might be a good ...

Victoria, Seychelles, December 12th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of SEAM token s in its staking rewards platform, Launchpool. Seamless is a native, decentralized lending & borrowing protocol on Coinbase-incubated Ethereum Layer 2 network Base. The listing will allow users to gain access to SEAM token s for further utility. Seamless ecosystem brings in newer DeFi possibilities, including composable, trustless, and undercollateralized borrowing. The Protocol aims to explore the use of Integrated Liquidity Markets (ILM), which enable smart contracts to borrow for their predetermined purposes within the protocol. “We’re firm believers of investing and contributing in high potential WEB3 companies, and support the growth of the same. The listings on our launchpool provides users the access to such token s, which offers various rewards for participating. This ali...

Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%. Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during the ongoing Token2049 event in Singapore. Telegram unveils TON based self custody wallet integration. Source:X The crypto wallet is developed on the Open Network (TON) blockchain and is now available to its 800 million users worldwide.  The TON wallet integration into Telegram helped the price of TON coin soar by nearly 7% on the announcement. TON Foundation said that the projects built on the TON blockchain will get priority access to the messaging app’s advertising platform, Telegram Ads. The wallet feature is currently available in the settings and global rollout will begin in November later this year excluding the United States and few other countries. This is a d...

The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN. The price of the native token of the decentralized finance (DeFi) cross-chain bridge Synapse (SYN) plummeted on Sept. 5 after an unknown liquidity provider on the platform dumped nearly 9 million SYN token s and pulled all stablecoin liquidity from the bridge. The official X account for Synapse acknowledged the liquidity rug by an “unknown liquidity provider,” while clarifying that the Synapse bridge didn’t face any security breach. A Synapse liquidity provider sold their SYN token s and removed liquidity today. We're investigating unusual activity on their wallets and are working to get in touch with them. Will update once there is more info. There was no security breach of the protocol or bridge. 4 — Synapse Labs (@SynapseProtocol) September 5, 2023 The unknown liquidity provider in question was traced to Nima Capital, one of the long-term capital partners of the pro...

The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services. Crypto exchange Binance on Friday, August 4, said it is adding 22 new loanable assets and new collateral assets to its Flexible Loan and VIP Loan service. In its official statement, the crypto exchange disclosed several new collateral asset s, among them Shiba Inu (SHIB), Compound (COMP) and Theta Network (THETA). This development has also fueled speculation about the potential listing of BONE token on Binance, coinciding with the upcoming launch of the Layer-2 blockchain, Shibarium, anticipated to take place in August. The cryptocurrency exchange concurrently announced the addition of 22 cryptocurrencies as loanable asset s and collateral asset s on its Flexible Loan and VIP Loan services. Screenshot of Binance's new collateral assets announcement.  Source: Binance Binance has now expanded its Flexible Loan service b...

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate, which is a metric for the annualized yield of validators. According to data, validators earned 24,997 Ether (ETH) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards. The recent trend of a new memecoin called Pepe trading is the reason behind the gratitude of validator s. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. As gas fees increase, end users are paying over $30 per swap. The surge in gas fees has resulted in higher fee income for validator s from processing transactions, in addition to their regular validator reward s. ETH staki...