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DeFi - Ad-Doge BLOG

Coinbase Stock Rises 5% After $2.9 Billion Deal To Acquire Deribit

One of the world’s largest cryptocurrency exchanges, Coinbase, announced on Thursday that it has agreed to acquire Dubai-based crypto derivatives exchange Deribit, for $2.9 billion, marking the largest deal in the crypto sector to date. Coinbase Expands Global Reach With Deribit The acquisition, announced on Thursday, involves a substantial financial commitment, with $700 million in…

Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer.  This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.  Polygon Market Cap Rebounds To $3.8 Billion…

DeepSeek’s AI Breakthrough Triggers Fears In Tech Sector, Impacting Bitcoin Prices

As January draws to a close, the cryptocurrency market has experienced a significant downturn, with Bitcoin (BTC) and other digital assets suffering losses attributed to a broader sell-off in the technology sector.  Bitcoin’s price fell 3% to $101,400, with earlier lows reaching $97,750. The CoinDesk 20 index, which tracks a weighted average of various cryptocurrencies,…

World Liberty Financial Raises $1B: Trump-Backed Crypto Venture To Extend Token Sales

The Financial Times reported on Monday that World Liberty Financial (WLF), the digital asset venture associated with President Donald Trump, has successfully raised $1 billion through its token sales.  Initially launched in October with a goal of selling only 20 billion WLF tokens, the decentralized finance’s (DeFi) venture token surpassed this target by selling 21…

XRP Breakout Alert: Expert Predicts Potential Surge To $15 After Triangle Formation

As XRP recovers from a notable dip in mid-December, technical analysis signals strong potential for further growth. Currently valued at approximately $3.23, XRP is positioned among the most robust performers in the cryptocurrency market, boasting an impressive 43% gain over the past month.  This price resurgence has propelled the market’s second-largest altcoin to a seven-year…