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Ethereum meme coins vs. utility tokens: Why you should buy ETFSwap (ETFS) over Pepe (PEPE) and Floki (FLOKI)
2.6.2024
Ethereum meme coins and utility tokens are two opposite asset categories in the crypto market. Pepe (PEPE) and Floki (FLOKI) are two meme coins that have captured investors with their community-driven hype, viral marketing, and meme culture. Ethereum meme coins are generally known for offering...
Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’
1.6.2024
Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think...
Crypto Re-Staking Platform Attracts $18.8 Billion
1.6.2024
The rising trend of “re-staking” has driven significant cryptocurrency investments into platforms that reward users for locking up their tokens. Leading this movement is Seattle-based startup Eigenlayer, which secured $100 million in funding from Andreessen Horowitz’s crypto...
Crypto losses: $200 million in 2024 due to hacks, rug pulls
31.5.2024
Recently, in the year 2024, the cryptocurrency industry has experienced a rapid increase in financial damages due to the frequent occurrence of cyberattacks such as hacks and rug pulls. Immunefi, a blockchain security firm, disclosed that 32 confirmed attacks resulted in losses exceeding $200...
SEC’s Hester Peirce urges US-UK Digital Securities Sandbox Cooperation
31.5.2024
Hester Peirce, the US Securities and Exchange Commissioner, is advocating for the establishment of a collaborative digital securities sandbox between the United States and the Bank of England. This will enable companies to experiment with inventive finance equipment within a controlled space. ...
Amicable legal settlement between Terraform Labs and Do Kwon in SEC case
31.5.2024
Terraform Labs, a Singapore-based startup focusing on blockchain protocol and payment systems, has finally settled with the American Securities and Exchange Commission; the SEC filed a case against Terraform Labs for misleading the cryptocurrency investment fraternity. The information about...
PEPE outperforms meme coins in the last month and soars to more than 90%
31.5.2024
PEPE has emerged as the top performer meme coin in the last 30 days. FLOKI follows it in terms of fetching heavy monthly returns to holders. For reference, the frog-themed meme coin has generated over 90% returns in the last 30 days. It is now expected to test a higher resistance in the coming days...
Arweave, ORDI, Monero surge pre-US inflation data release
31.5.2024
Cryptocurrency markets are experiencing a notable uptick, with Arweave, ORDI, and Monero among the digital assets seeing significant price increases. This surge comes as investors brace for the upcoming release of the US Personal Consumption Expenditures (PCE) inflation data, a key economic...
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...
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...
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...
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...
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...
Dune Catalyst: Enhancing Crypto Data Integration
30.5.2024
In the ever-evolving field of digital currencies, the ability to handle and integrate blockchain data is a considerable challenge. Dune is an expert in data analysis and has recently presented Catalyst, which, on paper, is designed to solve a number of challenging issues related to the integration...
SHIB, ETH, and XRP experience a roller coaster
30.5.2024
SHIB, ETH, and XRP have experienced roller coaster journeys. SHIB has experienced a price increase, ETH has disappointed investors, and XRP has perplexed analysts. In the case of Shiba Inu’s SHIB, the meme token went past the $0.000025 barrier, touched the 50 EMA, and is looking towards $0.00003....
TON soars: huge investor interest sends holdings to 1M
30.5.2024
TON is experiencing unbelievable growth, with addresses holding anywhere between 100,000 to 1 million. These are the giants of the game collecting these gigantic numbers, and they are going on an upward swing. All of this simply signifies an increasing interest in the asset and their absolute...
Bitcoin, Ethereum, and Dogecoin drop as fears of inflation rebound
30.5.2024
The US has done a lot to curb inflation. It was around 8% in 2022-2023 and has now been reduced to around 3.3% as of April 30, 2024. The target is rather aggressive, with the Federal Reserve looking to bring it under 2% by the end of 2024. However, the fear of inflation has started …
PayPal USD joins Solana for faster, cheaper transactions
30.5.2024
During the recent Consensus 2024 conference, PayPal Holdings, Inc. (NASDAQ: PYPL) released a significant update concerning its business. This month, the company announced the integration of PayPal USD (PYUSD), a stablecoin, with the Solana Blockchain. This is a major step forward for PayPal, as...