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Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M


On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million...

Ethereum begins to show bearish signs as price faces rejection


Ethereum has not been bullish since Bitcoin Halving ended. If anything, it could be starting to send fresh bearish signals across the market. This is evident from the fact that it has lost the major resistance mark of ~$3.200. Once closer to $4,000, Ether is now trading lower than the bottom line...

Time to buy Bitcoin? Recent downturn shows off advanced Octoblock features


The recent Bitcoin price drop has prompted astute investors to consider entering the market while simultaneously displaying the potential of Octoblock’s advanced features. Bitcoin price  The Bitcoin price plunged below $60,000 on April 17, reaching levels last seen in February. This decline...

Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event


Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of Salvadorans is protected, and the security of its data...

REZ tokenomics statement on Binance depegs Renzo’s ezETH 18.3%


The fall of the Renzo restaking token was within minutes before its ultimate recovery, and it trades below ether as of now. This trend is probably due to the user’s intention to exit ezETH after getting an idea about Renzo restaking token’s totally confusing distribution plan.  Some crypto experts...

Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information


The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will exchange data on crypto assets and share knowledge to ensure adherence to tax obligations. Agreement Underscores Two Countries’...

How CBDCs are Ripple’s best chance of mass adoption?


CBDCs, or Central Bank Digital Currencies, are digital forms of a national currency issued and regulated by its central bank. They constitute a significant breakthrough in the digital economy, as they simplify transactions, resulting in wider financial inclusion.  Ripple, one of the most prominent...

SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs


The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final...

S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape


According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, the report outlines the potential for enhanced...

Block Unveils Bitcoin Conversion Feature for Square Merchants 


On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their...

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