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Coinbase Posts US $1.45 Billion in Revenue as Crypto.com Outshines in Trading Volume
Crypto.com has jumped to the top of monthly transaction volume rankings for USD-based exchanges. The platform owned 38.5% of the market share in July, compared to main competitor Coinbase with 35.77%. Despite falling down the leaderboard, Coinbase’s L2 scaling solution, Base, propelled the company to a successful Q2. Coinbase beat market expectations to post US $1.45b in revenue last quarter. July has seen Crypto.com surge up the exchange rankings for platforms supporting USD. The US-based company has been a fixture in the crypto sector for years, but has endured a relatively lean past 24 months. The last time Crypto.com won...
Stocks to buy today: Wipro, L&T among top 9 trading ideas
Synopsis The Indian market is expected to consolidate, with Nifty facing resistance at 24,850 and support at 24,400. Analysts suggest a trading range between 24,200 and 25,000. Several stocks are recommended for short-term trading, including Nippon Life, APL Apollo, and Jindal Steel. Shutterstock.com Indian market is likely to consolidate on Wednesday tracking mixed global cues. The Nifty future closed negative with losses of 0.04% at 24684 levels on Tuesday. Indian VIX closed at 13.78 in the previous session. On the options front, the maximum Call OI is placed at 25,000 and then towards 24,700 strikes while the maximum Put OI...
Dev's Defection Highlights Ethereum's Growing Solana Problem
"There's just so much more possibility and potential energy in Solana," Max Resnick told CoinDesk after quitting his Consensys job for a job at Anza. Updated Dec 10, 2024, 3:46 a.m. UTC Published Dec 9, 2024, 10:18 p.m. UTC Ethereum's place near the top of the crypto market is unquestioned from the perspective of market cap. But beneath the surface – at the product, developer and decision-making levels – the original smart contracts platform continues to take a beating from Solana, one of its closest competitors. The threat may not yet be existential. Ethereum and its many closely-linked networks are...
