Updated Trading News

Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit

A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.

NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity

Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.

Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens

A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?

Alibaba Says ‘Open Sesame’ to Web3
Alibaba Says ‘Open Sesame’ to Web3

The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.

PacWest Bank plummets 50%! How will Bitcoin react?
PacWest Bank plummets 50%! How will Bitcoin react?

Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin.

Memecoin hype drives Bitcoin transaction fees to multi-year highs
Memecoin hype drives Bitcoin transaction fees to multi-year highs

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels.

What is profit and loss (PnL) and how to calculate it
What is profit and loss (PnL) and how to calculate it

PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!

Zimbabwe Central Bank Wants Citizens to Subscribe to its Gold-Backed Digital Currency
Zimbabwe Central Bank Wants Citizens to Subscribe to its Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.

Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation

The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

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