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Wells Fargo dives into crypto via Bitcoin ETFs
13.5.2024
In its recent filing with the SEC, Wells Fargo, a famous US bank known to be among the leading banking institutions in the United States, disclosed its entry into the world of digital currencies by investing in several different Bitcoin exchange-traded funds (ETFs). Such a move reinforces...
PEPE coin price eyeing new highs as whales accumulate
13.5.2024
Whales in the PEPE ecosystem are beginning to accumulate the dip, possibly a predictable move, as the crypto market is poised to climb once BTC breaks out of its consolidation phase. The domino effect means that altcoins are making their moves on the price charts. While the range may be defined...
KANG, APT, ARB take center stage in the wake of new adoption and ecosystem development
13.5.2024
As usual, the crypto market is never amiss with new technological developments or advancements. Whether it’s a new partnership or a new system upgrade, there are always coins that prioritize bringing the best of the best for their users through new features and experiences. This article will...
Shibarium fees skyrocket 267%, community reacts
13.5.2024
Shibarium, a platform specially designed for the Shiba Inu community running on Layer-2 Blockchain technology, has seen a sharp increase in its transaction fees in the recent past. Data from Shibariumscan shows that the costs have increased by 267% in just one day, from 11.57 to 30.98 BONE. This...
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash
13.5.2024
Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quickly converting their digital currency to physical cash due to concerns over its utility and lack of incentives like interest on savings. Despite...
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
13.5.2024
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malware variant, characterized by its multifunctional...
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
13.5.2024
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 20,000 to 30,000 users in the first month....
Altcoin season approaching: KangaMoon, TRON, and Polkadot poised for surge
12.5.2024
While the pioneer cryptocurrency, Bitcoin, struggles to climb above $63,000, there are mixed signs of upside potential in the market, with lesser-known cryptos outperforming established coins. The best cryptos positioned for astronomical growth as the 2024 bull run takes shape include KangaMoon...
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...
Openai CEO Sam Altman Believes Processing Power Might Be the New UBI
12.5.2024
Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized. In an interview at the All-in podcast, Altman stated that he favored UBI initiatives given the magnitude...
RCO Finance (RCOF) sparks excitement among XRP and Solana Investors – Discover why
12.5.2024
RCO Finance (RCOF), an AI trading platform, is swiftly capturing the attention of investors within the XRP and Solana ecosystems. The platform uses blockchain technology to help you seamlessly trade crypto. It offers a compelling alternative despite the recent challenges these platforms face. This...
Dogecoin millionaire spends $500,000 on ETFS tokens after presale success
12.5.2024
ETFSwap (ETFS) has sparked great interest among crypto investors after a Dogecoin millionaire moved $500,000 into its highly successful presale. This emerging token seems more than simply another entrant into the cryptocurrency race, with the potential to create the next generation of crypto...
Should You Invest in Rollblock (RBLK)? Exploring Its Potential
10.5.2024
Rollblock (RBLK) is making waves in the cryptosphere, attracting a global audience of traders. While giants like Binance Coin (BNB) hold strong, some analysts see Rollblock as a dark horse, even predicting a meteoric rise – a potential 50x return on investment in 2024. Let’s explore reasons...
Notcoin gains attention, brings a jump in Toncoin price
10.5.2024
Binance and OKX have announced plans to launch Notcoin on their respective exchange platforms. This has served two major activities across the crypto market: it has brought a lot of attention to Notcoin and caused a surge in the token value of Toncoin. TON is currently up by 12.99% in the last...
Solana stumbles at $160: Will SOL crash to $120 or bounce back?
10.5.2024
Over the past few weeks, Solana has tested the $160 resistance mark several times. However, its latest climb to the benchmark has again ended in a retreat. Now, the market is wondering whether the setback will push SOL down to the $120 mark. Early SOL price predictions suggest that the coin...
SBI Digital Asset Holdings and Chiliz to launch Fan Tokens in Japan
10.5.2024
SBI Digital Asset Holdings Co., Ltd., the asset branch of SBI Holdings, has revealed a collaboration with Chiliz, a well-known blockchain provider in the sports and entertainment industries, to establish a joint venture in Japan. It is believed that this partnership will enhance the sports...
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
10.5.2024
Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the platform’s large user base and potential for fostering cryptocurrency adoption and innovation in decentralized finance. This partnership is set to reinforce the principles...
Lucie analyzes SHIB and BTC’s decentralized impact on finance
9.5.2024
Recently, Lucie, a Shiba Inu marketing executive, brought attention to the parallels between SHIB and BTC. She emphasized the decentralized character of both initiatives and the obscurity of its founders, Ryoshi for Shiba Inu and Satoshi Nakamoto for Bitcoin. At the heart of Lucie’s analysis...
Stablecoins provide promising possibilities in global finance
9.5.2024
A leading international asset manager predicts that the stablecoin market will grow to $3 trillion in the next four years, a 22-fold increase from its current size. To understand this growth better, one needs to first understand how stablecoins fit in the financial markets. This will cover...
Near Protocol ‘darkness’ and ‘sovereignty’ tweets raise hack suspicion
9.5.2024
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident