Hello, and welcome to another bubbling crypto news roundup from your trusty portfolio tracking and trading platform, Coinigy.
Have you been keeping an eye on the crypto sphere? 👀
Solana has been on a roll lately…
- Its native token ($SOL) is up +15% and hit a 20-month high.
- Stablecoin inflows have increased every day for the last 10 days.
- Last week, Solana decentralized exchanges (DEXs) saw $11.24B in trading volume – a new weekly record.
- On Tuesday, Solana DEXs hit $2.85B in trading volume – a new daily record.
How high do you think SOL can go?
We’re probably not on the same guess but I know someone is probably thinking ⬇️
“Its 2021 all-time high” 🤔
Speaking of new all-time highs… take 50% off your annual Coinigy subscription by using promo code ALLTIMEHIGH today only! Redeem now.
Here are the hottest stories from last week:
- Coinbase stock jumps 60% in 2024, recovers listing price
- Dogecoin Surpasses Entire AI Crypto Market Sector
- BTC boom continues as price smashes $72k threshold
- Ether Hits $4K for First Time in More Than Two Years
Coinbase stock jumps 60% in 2024, recovers listing price
The crypto exchange’s latest earnings call revealed a resilient fourth quarter in 2023. Coinbase’s net revenue reached $905 million in Q4 2023, an increase of 45.2% from the third quarter, exceeding consensus expectations of $825 million.
Dogecoin Surpasses Entire AI Crypto Market Sector
Crypto analyst Miles Deutscher recently touched on the subject of artificial intelligence in a tweet, sharing his predictions on how AI will continue to expand, especially in the crypto space. The analyst also highlighted an important metric where Dogecoin has surpassed the entire AI-focused crypto sector.
BTC boom continues as price smashes $72k threshold
Bitcoin (BTC) price has surged above the $72,000 milestone on March 11, 2024, sparking early signals of another bullish outing in the week ahead.
Bitcoin price continues its blistering 2024 performance, soaring above the $72,000 milestone at around 12:00 GMT on March 11, adding over $100 billion to its market cap within the last 72 hours.
Ether Hits $4K for First Time in More Than Two Years
Ether has outperformed bitcoin over the past 30 days, climbing 67%, while bitcoin rallied 57% and the CoinDesk 20 Index, a gauge of the broader crypto market, added 53%.
Other Highlights Worth Mentioning
SEC pushes back decision to open up options trading on spot Bitcoin ETFs – Cointelegraph
Ethena Surges to Become Top-Earning DApp with $6.8M Daily Revenue – Crypto Intelligence
CoinSwitch Becomes First Indian Crypto Exchange to Surpasses 20 Million Registered Users – Outlook India
El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings – Crypto News
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