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BlockDAG hits $16M in presale, targets $10 value by 2025 amid KangaMoon & 5th SCAPE hype
12.4.2024
Amidst the enthusiasm surrounding the KangaMoon and 5th SCAPE presales, BlockDAG has become a top investment choice, achieving a remarkable milestone with its nearly $16 million presale. This achievement marks a significant step forward for BlockDAG, positioning it as a formidable contender in...
Bitwise President Explains Why He’s Curious About Ethena
11.4.2024
Ethena (USDe) is fast becoming one of the fastest-growing dollar-denominated instruments—and its mechanics look relatively safe.
The post Bitwise President Explains Why He’s Curious About Ethena appeared first on Cryptonews
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
10.4.2024
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing...
Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment
8.4.2024
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy
XRP Price Prediction as Ripple Announces New Stablecoin – Can XRP Reach $100?
5.4.2024
News that Ripple Labs is set to launch its very own US dollar-pegged stablecoin has failed to give the XRP (XRP) price a lasting lift. XRP, which is the token of the XRP Ledger launched by Ripple Labs in 2012, was last at $0.587. That leaves it down close to 7% for the week, and […]
The post...
Ripple’s New Stablecoin Looks to Boost XRP Adoption
5.4.2024
Ripple plans to introduce a stablecoin pegged to the US dollar this year, as projections estimate the market will surpass $2.8t by 2028.
The post Ripple’s New Stablecoin Looks to Boost XRP Adoption appeared first on Cryptonews
Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent Note
4.4.2024
Franklin Templeton, a trillion-dollar asset manager, has recently highlighted the impact of Bitcoin Ordinals on innovation in the crypto space in a note to its investors.
The post Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent...
Best Crypto to Buy Today April 4 – Ethena, Bitcoin SV, Bitcoin Cash
4.4.2024
With Bitcoin (BTC) eyeing a potential break back to the north of its 21DMA in the upper $67,000s as US stocks rise and the US dollar declines, investors looking for the best cryptocurrency to buy today are scouring the altcoin market for opportunities.
The post Best Crypto to Buy Today April 4...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
OneCoin Legal Exec Sentenced to 4 Years Over Multibillion Dollar Crypto Scheme
4.4.2024
“Irina Dilkinska's involvement in the sprawling OneCoin pyramid scheme was a flagrant breach of conduct,” says U.S. Attorney Damian Williams.
The post OneCoin Legal Exec Sentenced to 4 Years Over Multibillion Dollar Crypto Scheme appeared first on Cryptonews
Will Ripple XRP rally weekend hit $0.80 mark?
4.4.2024
Anyone in the crypto market for a while needs no introduction to Ripple. Famous for its cross-border payment solution for remittances, Ripple’s XRP was declared one of the winners out of the top 20 giant coins and tokens in 2023, as the token’s overnight price increase by 12% was...
Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives
3.4.2024
Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe.
The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews
MakerDAO could allocate $600 million worth DAI to USDe and sUSDe
2.4.2024
MakerDAO is considering allocating DAI to a value of $600 million. The allocation will be to USDe and sUSDe via Morpho Labs. The allocation could go as high as $1 billion worth of DAI tokens. The objective is to enhance the TVL growth of Ethena Labs. Notably, the proposal is under consideration...
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
2.4.2024
The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
31.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that...
BNB surges 10%, eyes $700 peak as ecosystem booms
27.3.2024
Over $3.02 billion in total value has been locked on PancakeSwap, the biggest DEX on Binance, marking a 25% profit in the last 30 days. Binance’s BNC token has seen a significant increase in value, rising by +190% from its lowest position in September 2023. Since its BNC token has grown...
Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value
27.3.2024
Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries...
Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’
27.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin...
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
26.3.2024
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
25.3.2024
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer...