Crazy crypto valuations? Binance is reportedly worth $300 billion
Crazy crypto valuations? Binance is reportedly worth $300 billionThe global crypto market cap is $2.65 trillion with a 24-hour volume of $151.4 billion. The price of Bitcoin is $60,682.93 and the BTC dominance is at 43.2%.
by Oluwapelumi Adejumo Binance, if it was a publicly listed company, would be the 25th biggest company on earth.
More news ⏬Polygon launches EVM scaling solution MidenPolygon has unveiled Miden, an Advanced zk-STARKs based scaling solution intended to address the issues of network congestion on the Ethereum blockchain. China expels party official for supporting crypto mining firmTo demonstrate its continued hostility towards the crypto industry, China has relieved one of its top officials for supporting crypto mining. OpenSea causes 10% of all Ethereum burn as sales jump 100% in 24 hoursSales have rallied on OpenSea recently as the platform leads the pack in Ethereum burn rate with over $400,000 million ETH burned. Barbados to establish a virtual embassy within Ethereum dApp DecentralandThe Caribbean nation is primed to become the first sovereign nation with an embassy in the metaverse. DeFi dApps show low growth compared to Ethereum activity, JPMorgan findsAccording to the report, DeFi’s growth, in terms of dollar rise of Ethereum, is up by 780% this year. Cardano (ADA) founder talks about what lies ahead in 2025 roadmapChalres Hoskinson gives a high level overview of the up-and-coming 2025 roadmap. Scalability comes to Bitcoin as Taproot upgrade goes liveAfter years of waiting, Bitcoin’s Taproot upgrade is now live and its implementation could bring DeFi to the blockchain at last. Pollen DeFi becomes the most oversubscribed Launchpool presale with over $8.4 million stakedThe Pollen DeFi community swells as the largest ever Launchpool raise broke platform records. Indian government might take action against misleading crypto adsThe Indian government will not tolerate deceiving crypto ads that promote false narratives when it comes to cryptocurrency trading in the region. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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