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nima

@nimausdc

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23 Followers
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🚨BREAKING: The World’s Most Trusted Crypto Exchanges 🔵 Chicago-based CME Group, founded in 1898, is heavily regulated by the CFTC and offers futures contracts for digital assets such as Bitcoin and Ether. In 2023, it traded $1.4 trillion in cryptocurrencies. The exchange offers Micro Bitcoin and Micro Ether futures contracts with a minimum of $300, available through traditional brokerages like Charles Schwab and Fidelity. Its strong performance in 2024 saw its crypto trading volume increase by 135% and its Bitcoin open interest increase by 83% to over $20 billion. 🟦 @coinbase with 2.4 million Bitcoins worth $245 billion and offering 8 million active accounts, comes in second despite higher fees. Coinbase holds over $300 billion in digital assets like Bitcoin, Ethereum, and Solana. While it’s not the cheapest option to buy or sell crypto, its security allows it to command a premium. The exchange recently registered in Bermuda to compete in the global crypto derivatives market.
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@base.base.eth Network Challenges Solana with 1000 TPS 🟦 Coinbase’s second-layer blockchain Base has temporarily reached nearly 1000 transactions per second (TPS), approaching Solana’s performance. Jesse Pollack announced that Base achieved this stability when it launched on the Virtuals platform. Solana currently has 1039 TPS. Base’s temporary achievement of this transaction rate brought it closer to Solana, but Solana is more stable. The Virtuals platform held a token launch event this week, called Solace 🟦 The Virtuals protocol generated more than $60,000 in fees on Base on May 28, compared to just $4,000 for Solana. Base fees increased on May 29, but remained around 4 cents on average, according to Dune Analytics. With $15.3 billion in locked value, Base is the largest rollup-based second-layer network by market cap, with roughly 34% of the market. Both platforms generate most of their revenue from the mining and trading of memecoins, with Base’s total locked value in DeFi at $3.75 billion
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📊ENA 6-Month High: Etna Up 21% in One Day Etna (ENA) price surged 21% in one day to hit a six-month high of $0.5885. Trading volume pushed its monthly gain to over 113% and its market cap to around $3.6 billion, placing it among the top 32 cryptocurrencies. The surge came after StablecoinX Inc. raised $360 million in funding to acquire ENA tokens and plans to list on Nasdaq under the ticker symbol “USDE.” Etna is a stablecoin issuer and asset management protocol on the Ethereum blockchain. Its primary product, USDe, is a synthetic dollar that maintains stability through cryptocurrency assets and derivatives rather than traditional bank reserves. Recently, Anchorage Digital partnered with Etna to launch USDtb in the United States, making it the first stablecoin with a clear path to GENIUS compliance.
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