Portal (PORTAL) launches on Binance Launchpool with trading and exciting farming event! Crypto News: Portal, the eagerly awaited cross-chain gaming platform, is poised to revolutionize the gaming industry as it gears up for launch on the prestigious Binance Launchpool, commencing on February 22nd. This momentous occasion presents a golden opportunity for users to delve into the world of decentralized gaming while reaping the rewards of staking BNB and FDUSD over a span of seven days. Binance, a global leader in the cryptocurrency space, has strategically chosen Portal as the 47th project to grace its esteemed Launchpool platform. Here, users are…

Coinbase reaches US$1 billion daily trading volume: Shaping cryptocurrency’s future Crypto News: Coinbase CEO Brian Armstrong’s recent announcement heralding the milestone achievement of the international unit of the platform surpassing US$1 billion in daily trading volume marks a significant moment in the evolution of the cryptocurrency exchange landscape. As of 8:15 pm UTC, the Coinbase International Exchange proudly recorded US$1.09 billion in 24-hour perpetual trading volume, underscoring the platform’s growing prominence in the global crypto market. Notably, Ethereum (ETH), Bitcoin (BTC), and Solana (SOL) emerged as the top traded assets, reflecting the diverse interests and investment strategies of traders on…

Polygon Launches Palm ID Tech in AI Warzone: Revolutionizing Web3 Identity Verification In the ever-evolving landscape of digital innovation, the intersection of blockchain technology and identity verification has taken a monumental leap forward with the launch of Humanity Protocol on Polygon Chain. This groundbreaking initiative, spearheaded by Polygon (MATIC) in collaboration with Animoca Brands and The Human Institute, heralds a new era of secure, user-centric identity verification methods within the Web3 ecosystem. Redefining Identity Verification in Web3 The introduction of Humanity Protocol marks a pivotal moment in the quest for secure and user-centric identity verification methods within the Web3 landscape.…

Ethereum breaks through the US$3k barrier and is seeking higher goals in the upbeat market sentiment The ether price, which is now hovering around US$2946. The recent spot Bitcoin’s US$51,698 exchange-traded fund (ETF) debut in the United States has seen a significant influx of investors, which is credited with driving the positive trends in cryptocurrencies. Nevertheless, Ether possesses other factors that can push its cost over US$3,000, a mark that was damaged during the last test in March 2022. What will happen this time around when Ether eventually rallies to the US$3,000 mark? Looking ahead, Ether may solidify its position…

Stellar’s path to progress: Unveiling Protocol 20 upgrade for enhanced innovation and growth Crypto News: The Stellar blockchain has embarked on a transformative journey with the initiation of its much-anticipated “Protocol 20” upgrade. This milestone marks a significant leap forward in the capabilities of the Stellar network, introducing Ethereum-style smart contracts as part of the Soroban project. The upgrade has been eagerly awaited within the Stellar community, promising enhanced functionalities and paving the way for a new era of decentralized applications (dApps) and innovation on the platform. The Stellar Development Foundation, entrusted with the task of nurturing the Stellar ecosystem,…

Major changes to Ethereum pairs revealed by Binance: A new era in the crypto trading scene The largest cryptocurrency exchange in the world by trading volume, Binance, has announced adjustments to its Ethereum pairings that could impact spot and margin trading. The following Ethereum cross-margin pairings will be delisted by Binance, per the official announcement: ETH/BTC, ETH/USDT, ETH/BUSD, and ETH/USDC. Open positions in these pairs will be liquidated at the market price if users don’t close them before the delisting date. The Ethereum isolated margin pairings ETH/BTC, ETH/USDT, ETH/BUSD, ETH/USDC, ETH/BNB, ETH/EUR, ETH/GBP, ETH/AUD, ETH/RUB, ETH/TRY, and ETH/ZAR will also…

Worldcoin’s price surge: Balancing caution and opportunity amidst privacy-focused innovation Crypto News: Worldcoin, a cryptocurrency project with a unique focus on privacy-preserving digital identity verification, has recently seen an astounding surge in its price, capturing the attention of both investors and observers within the crypto market. Spearheaded by prominent figures such as OpenAI CEO Sam Altman and Alex Blania, Worldcoin aims to revolutionize identity verification through innovative technology, offering users rewards in the form of its native cryptocurrency, WLD, for participating in its iris scanning system. Over the past week, the price of Worldcoin has experienced an impressive 158% surge,…

Crypto funds reported record inflows totaling $2.45 billion globally amid Bitcoin ETF craze In the dynamic realm of cryptocurrency investment, the past week witnessed a significant milestone as crypto funds at leading asset management firms, including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, reported record inflows totaling $2.45 billion globally. This surge in capital influx, as reported by CoinShares’ latest report, underscores the burgeoning interest of institutional investors in the digital asset space. Dominated by the introduction of new U.S. spot Bitcoin exchange-traded funds (ETFs), year-to-date inflows to digital asset investment products now stand at an impressive $5.2 billion. The…

Sui network’s ascension: Navigating remarkable DeFi surge with impressive growth trends Crypto News: The Sui network, a prominent player in the decentralized finance (DeFi) landscape, has experienced a remarkable surge in transactions and total value locked (TVL) in tandem with the broader bullish trend seen across the cryptocurrency market. According to recent data from DeFiLlama, the TVL on the Sui blockchain skyrocketed to an impressive US$593 million on February 19th, accompanied by a 24-hour trading volume of nearly US$280 million. This surge in TVL reflects a substantial increase from the network’s initial figure of US$211 million at the onset of…

XRP price surge: Analyzing market sentiment and managing risk amidst cryptocurrency volatility Crypto News: XRP price recently experienced a surge, reaching US$0.56 on February 19th, marking a gain of 0.39%. Despite facing resistance around US$0.60, optimism prevailed among traders following Ripple’s acquisition announcement of Standard Custody on February 13th. This acquisition news further boosted XRP’s price by 12% within 48 hours. However, the broader crypto market cooled off after the closure of Bitcoin ETF trading on February 16th, causing XRP’s price to drop by 7% to US$0.54 by February 18th. Market Sentiment and Derivatives Trading: Despite the recent downturn, derivatives…