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Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10.  Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users accessing the Nexo Card’s collateralized credit line. Weekly card transaction frequency jumped by 324% across the European Economic Area. “Today, people don’t want to choose between their financial future and their present needs — and the Nexo Card reflects that,” noted Chief Product Officer Elitsa Taskova. “It’s empowering users to live fully without losing the potential of their assets. Whether it’s art, travel, or supporting a loved one, crypto is now part of everyday life.” The Mastercard-powered Nexo Card won several 2024 awards from The Digital Banker, FinTech Breakthrough, and INATBA, including Best Pa...

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The cryptocurrency market is currently encountering a mellow price pace, with the majority of the tokens taking their sweet time to establish an upward trajectory. At the same time, coins like Shiba Inu (SHIB) and Dogecoin (DOGE) are also seen to have stuck in a slow-moving loop, a pattern that does not allow them to break out easily. While Trump’s tariff regime continues to hamper the markets globally, Bitcoin is currently sitting at $94K, awaiting a stellar market change of pace for it to spark a new rally. In the meantime, DOGE and SHIB are both eyeing independent price targets, showing signs of gradual ascent as predicted by a leading analyst. Out of the two, which token will ultimately emerge as the biggest profit monger of 2025? Let’s find out. Also Read: JP Morgan Predicts When Gold Prices Will Reach $4,000 Shiba Inu: What Makes It Special? Source: Watcher Guru Shiba Inu (SHIB) is the OG memecoin, the first of the first, that popularized the phenomenon of memecoin man...

1. Trump Ordered the Imposition of Tariffs, Causing the Cryptocurrency Market to Plunge Amid Risk Aversion link On Monday, Trump signed an order to impose a 25% tariff on imports from Mexico and Canada, and a 10% tariff on imports from China. The order was set to take effect on Tuesday. The cryptocurrency market showed a risk-averse trend and dropped significantly, with BTC recently falling 8% to $92,798.34. Jeff Park, the head of alpha strategy at Bitwise, said that due to the eventual weakening of the US dollar and US interest rates, the ongoing tariff war would be “amazing” for Bitcoin in the long run. On Monday, Ben Zhou, the CEO of Bybit, tweeted, “The real total liquidation amount in the cryptocurrency market today is far more than $2 billion. According to my estimate, it should be at least between $8 billion and $10 billion. The liquidation amount of Bybit in 24 hours alone reached $2.1 billion. The 24-hour liquidation amount of Bybit recorded on Coinglass is about $333 million,...

The Cardano price prediction shows that ADA demonstrates stability and resilience, consolidating within a range of $0.75 to $1.15. Cardano Prediction Statistics Data: Cardano price now – $0.99 Cardano market cap – $34.94 billion Cardano circulating supply – 35.15 billion Cardano total supply – 44.99 billion Cardano Coinmarketcap ranking – #9 Cardano (ADA) exemplifies the benefits of early adoption in crypto, with its price surging an incredible 5,662.37% from an all-time low of $0.01735 in October 2017 to current levels between $0.9244 and $1.03. Although it remains 67.73% below its all-time high of $3.10 in September 2021, this growth underscores the platform’s innovation and community support. ADA’s journey highlights the potential rewards of identifying and supporting promising blockchain projects early while emphasizing the importance of thorough research in any investment decision. ADA/USD Market Key Levels: Resistance levels: $...

If you had believed in the cryptocurrency market’s superpower a decade ago, you would be sitting on millions today. Yes, investors who took an early entry position with a minimal investment have mostly seen their portfolio turn into seven digits. Be it Bitcoin, Dogecoin, or Shiba Inu, these have delivered life-changing gains to traders, ushering them into financial freedom. Also Read: Litecoin Hits $130 After 3 Years: What Will LTC Be Worth in 4 Years? Doge Price Fluctuations The latest data from Changelly shows that a mere $1,000 investment in Dogecoin has turned into $1.8 million today. That’s an uptick and return on investment (ROI) of approximately 186,538%. Even leading stocks in the US markets have not generated this much returns in a decade. Learn how high DOGE could trade in the next five years, in 2030. Also Read: ‘Buy Cronos Now’: Upside Target 31% For CRO Coin Dogecoin: $1,000 Becomes $1.8 Million Today Source: Pixabay Dogecoin is currently trading at the $0.45 ma...

As 2024 draws to a close, Bitcoin (BTC) finds itself in the spotlight once again.  Currently trading at $95,016, Bitcoin has seen modest but steady gains of 0.28% over the past 24 hours, 3.47% over the past week, and an impressive 38.44% in the last month.  Bitcoin 1-week price chart. Source: Finbold With its market cap soaring and technical indicators flashing bullish signals, all eyes are on Bitcoin’s potential performance during the festive season.  Picks for you 5 promising cryptocurrencies Coinbase just added to the COIN50 index 4 mins ago AI predicts Chainlink (LINK) price for year-end  5 mins ago Fuse Network announces an in...

As of October 16, Bitcoin has surged past $67,000 in 24 hours, marking significant activity in the cryptocurrency market. Altcoins are recording gains, with Arbitrum seeing a 0.75% rise and Stellar increasing by 1.01%. The upcoming U.S. presidential elections are adding uncertainty, as potential outcomes could impact cryptocurrency prices. Additionally, Grayscale plans to convert Solana, Avalanche, and XRP trusts into ETFs, which has attracted further interest. As the market continues to shift, investors are looking for the best cryptocurrencies to invest in right now . By analyzing price movements and institutional trends, they hope to identify promising altcoins that could offer strong potential for future growth. Best Cryptocurrencies to Invest in Right Now Arbitrum has recently expanded its capabilities by partnering with the Tria platform, aiming to improve chain abstraction. Meanwhile, NEAR Protocol is currently valued at $4.99, reflecting a 2.45% rise over the past week. Ad...

As we delve deeper into October, the market appears to be gaining momentum, raising hopes for a significant rally in the coming weeks. The current cryptocurrency market is showing promising signs of a bullish trend, with Bitcoin recently reaching impressive heights around $65,000. With the overall crypto sector climbing back to a valuation of $2.28 trillion, investors are keenly eyeing potential opportunities for growth. This article explores five altcoins that are positioned for upward movement over the next 30 to 90 days, potentially benefiting from the anticipated altcoin season. Aave (AAVE) The current market environment has sparked optimism among cryptocurrency investors, particularly regarding Aave, a leading decentralized finance (DeFi) protocol. Recently, $AAVE has demonstrated strong upward momentum, climbing from around $135 to $177, before experiencing a slight correction. This resilience suggests the potential for a robust recovery as the market shifts toward a bullish ...