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Crypto market braces for options expiry & inflation data impact
31.5.2024
Two events are about to happen on May 31, 2024. First, the monthly options for Bitcoin and Ethereum are about to expire. Second, the Federal Reserve is expected to post inflation data. Both could potentially impact the sentiments in the crypto market. Inflation data could be lower than expected...
Franklin Templeton CEO Jenny Johnson on Blockchain, ETFs & RWA
31.5.2024
Jenny Johnson, the President and Chief Executive Officer of Franklin Templeton, recently attended Consensus 2024. She participated in the panel discussion, where she discussed RWA Tokenization, the potential of blockchain in boosting TraFi, and Bitcoin ETFs. For reference, Franklin Templeton...
Consensus 2024: Garlinghouse predicts XRP, Solana, and Cardano ETFs
31.5.2024
Investing in cryptocurrencies is expected to have a bright future, and there are plans to launch other crypto ETFs. This comes after the recent approval of Bitcoin ETFs, as well as the progress made in ether ETFs on the Ethereum platform. Recently, Ripple CEO Brad Garlinghouse stated that...
TVVIN to release its gold and utility token on Polkadot
31.5.2024
TVVIN announces the introduction of its LBMA-certified gold token ($VVG) and platform utility token ($TVVIX) on Polkadot to establish a framework for real-time asset tokens. TVVIN is a real-world asset (RWA) tokenization base that offers multiple types of RWAs, which include gold, silver, platinum...
Smart crypto trader who made $2.7 million on Donald Trump’s MAGA coin reveals the next 100x runner
31.5.2024
Known only by their wallet “0x303”, a smart crypto trader made $2.7 million from the MAGA (TRUMP) meme coin, etching their presence into the annals of crypto lore just before the start of what is looking to be the beginning of the bull run. In search of the next crypto goldmine, this savvy trader...
Trump’s conviction affects political memecoins
31.5.2024
The hush money case proved former United States President Donald Trump guilty in a historical trial. As expected, the verdict pushed the political memecoins related to personality into chaos. The Manhattan jury deemed Trump guilty of a whopping 34 felony counts. In related news, a token named...
Aptos Network to incorporate Chainlink data feeds and CCIP
31.5.2024
Aptos Network will integrate Chainlink data feeds and CCIP, thereby providing developers in the Aptos ecosystem with access to crucial toolkits and high-quality data required for the development of dApps. The programming language Move enables the creation of Aptos, a new-age layer 1 blockchain....
Animoca Brands Japan launches its NFT launchpad ‘SORAH’
31.5.2024
The NFT launchpad, called SORAH by Animoca Brands Japan, is slated to launch in the summer of 2024, according to Animoca Brands Japan, a strategic subsidiary of Animoca Brands. SORAH by Animoca Brands Japan will serve as an NFT launchpad platform that facilitates the sale of NFTs to support...
Trading revenue of Coinbase facing pressure as crypto market matures
31.5.2024
The consumer trading volume of Coinbase has dropped to $56 billion in the first quarter of 2024. This is in comparison to the fourth quarter of 2021, a time when the crypto market was experiencing a massive bull run. This is credited to the market attaining maturity since the approval of the Spot...
Setback for Matter Labs over ‘zero-knowledge’ trademark aim
31.5.2024
Alex Gluchowski, the chief executive officer of Matter Labs, is totally against the basic idea of intellectual property. Notable Ethereum-related projects like StarkWare, Polygon, and Polyhedra came out openly against the initiatives of Matter Labs to stamp ‘zero knowledge’ as...
Navigating the waters of stablecoins: The Lummis-Gillibrand Payment Stablecoin Act
31.5.2024
In a move poised to bring significant changes to the digital currency landscape, United States Senators Kirsten Gillibrand & Cynthia Lummis have introduced a new bill aimed at regulating payment stablecoins. Known as the Lummis-Gillibrand Payment Stablecoin Act, this legislation sets...
Come2uS joins Oasys with XPLA Verse and popular titles
30.5.2024
Come2uS is now within the Oasys crypto gaming ecosystem, with the introduction of its layer 2 chain, XPLA Verse, and two exclusive titles. Summoners War: Chronicles and The Walking Dead: All-Stars are now embedded within XPLA Verse. The first is an offshoot of the most sought-after title...
Bitcoin key cohort amasses 154,560 BTC in five months, potential price surge?
30.5.2024
In a remarkable display of confidence in the cryptocurrency market, a key cohort has accumulated 154,560 Bitcoins over the past five months. This substantial acquisition has caught the attention of analysts and investors alike, fueling speculation about a potential surge in the price of Bitcoin...
Fetch.ai, SingularityNET, and Ocean Protocol formalize ASI Alliance merger
30.5.2024
Artificial intelligence stalwarts are on a novel mission to create a decentralized substitute for artificial intelligence projects dominated by tech tycoons. As of May 28, 2024, the most recent industry reports suggest that the market capitalization of the $ASI token is $6 billion. SingularityNET...
Mastercard Crypto Credential has now been activated
30.5.2024
The Mastercard crypto credential has been activated, commencing with the initial peer-to-peer trial transactions and introducing new associates to the ecosystem. This implies that users of crypto exchange will be allowed to conduct cryptocurrency transactions using their Mastercard Crypto...
Vitalik Buterin envisions Layer 2s as cultural extension of Ethereum
30.5.2024
Vitalik Buterin, co-founder of Ethereum, has shared his vision for Layer 2 solutions, describing them as cultural extensions of the Ethereum ecosystem. This perspective highlights the technical importance of these scaling solutions and how they contribute to the broader Ethereum community...
Agora launches AUSD Stablecoin on Sui, pioneering a new era in digital finance
30.5.2024
Agora, a leading financial technology company, has launched its new AUSD stablecoin on the Sui platform. This strategic move will enhance the stability and functionality of digital transactions, providing users with a reliable and efficient means of conducting business in the evolving digital...
Ethereum 2.0 precursor: Beacon chain to sunset in June 2024
30.5.2024
The closure of Beacon Chain is expected to lead to a boom for Binance Coin, and delegating Binance Coin through a manual migration process is possible even now. Token delegation for Binance Coin will occur after the migration via Binance Smart Chain, the sole network upholding the BEP20 standard....
Ripple highlights the building blocks of institutional DeFi on XRP Ledger
30.5.2024
Ripple has published its vision and roadmap for institutional DeFi on the XRP Ledger. It essentially covers key functionalities, including, but not limited to, value transfer, issuance, credit, and exchange. Several key innovations within the ecosystem are Automated Market Makers, Decentralized...
Shiba Inu aims for a brighter future with its ETF
30.5.2024
Ether ETF is on the horizon. Once the S-1 registration forms receive approval, trading will commence promptly. Meanwhile, the community has begun speculating about upcoming crypto ETFs. One of these is the SHIB ETF. It is imperative first to meet critical requirements, which the community believes...