Centralized crypto exchanges continue to dominate the market in terms of trading volume. Meanwhile, crypto cards, majorly outperforming banks, have become prevalent in micro-spending across Europe according to a recent report.
Coinbase impresses with a 43% rise in June, significantly outdoing the S&P 500 as the narrative around stablecoins intensifies. The cryptocurrency Dogecoin =continues to gain popularity, with WilD.io named the top DOGE casino.
Gate.io ceases services in Japan as Gate Group acquires Coin Master Co. Meanwhile, privacy coins face a potential delisting on Gate.io's exchange. Bitcoin's bull run might be nearing a ceiling despite pro-crypto tailwinds while rumors of China's plan to ban Bitcoin ownership abound. Coinbase and Shopify enter a partnership to launch Stablecoin Payment Stack.
Striking partnerships signal significant expansion into enhanced partnerships such as between Transak, Uranium.io for tokenized uranium purchases and cryptocurrency giant Coinbase and Shopify.
Io.net could potentially see a price rise by 2024 due to its decentralized potential as a GPU for AI development. Partnerships like the one with
Oracle Red Bull Racing and Gate.io are expanding the reach of the blockchain globally. Litas's successful $20 million funding round could also affect Io.net's value.
Despite some more uncertain news, such as
Coin IO's 50% drop in three months and dispute regarding Coinbase's Q1 earnings forecasts, crypto optimism remains. New leaders are emerging in the exchange industry. This, combined with Coinbase's buy ratings, adds further intrigue.
IO Coin News Analytics from Tue, 23 Jul 2024 11:31:36 GMT to Mon, 30 Jun 2025 07:00:00 GMT -
Rating 3
- Innovation 6
- Information 6
- Rumor 2