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Cardano witnesses a price pullback and eyes a breakout rally
14.12.2023
December was an eventful month for Cardano, with numerous developments occurring regarding the coin. The Identity Wallet, which the Cardano Foundation has just released, facilitates the development of a DID (Decentralized Identity). The wallet will support existing and upcoming identity standards...
Experts expect Ethereum to outperform Bitcoin in 2024
14.12.2023
Ether and Bitcoin are as strong as they can after shedding away the burden of crypto winter. However, one of them is poised to outperform the other in 2024. A general conception would place Bitcoin at the top of the table, but it is Ether in this instance. Nikolaos Panigirtzoglou, an analyst at...
Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval
14.12.2023
Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it anticipated a launch date of Q1 2024 for these bonds....
IMF Head Urges For Clear Rules and Infrastructure to Curb Crypto Risks
14.12.2023
Source: iStock Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), addressed ways to curb cryptocurrency risks on financial stability. Georgieva stressed that crypto assets need to be regulated with clear rules and infrastructure. Speaking at an international...
Is Tron’s network robust as it approaches a key milestone?
14.12.2023
The Tron (TRX) network reached a significant milestone, signaling a turning point in its development. Over 200 billion accounts worldwide attest to Tron’s growing popularity and adoption. Tron’s consistent and considerable growth is shown by adding over 140,000 new accounts daily. This...
Coinbase to offer spot crypto trading for non-US institutions
14.12.2023
Coinbase International Exchange is in expansion mode, and in the same spree, it has introduced spot crypto trading on its international exchange for non-US institutional clients. It is primarily for fulfilling their user base’s individualistic requirements internationally and exposing them...
Uptick in Token Generation Events Signals Market Shift
14.12.2023
The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects. Crypto Market Shifts Gears With Surge in Token Generation Events In a development...
Is Cardano the game-changer in online entertainment?
14.12.2023
Cardano is leading into an age-defying era of gaming and entertainment that surpasses the limitations of tradition. This article explores how Cardano is rewriting the script. It provides fundamental insights that defy conventional ways. Cardano remains to lead the frontline as blockchain technology...
Brazil Expansion Is “Central Focus” for Coinbase
14.12.2023
Source: Rochu_2008/Adobe The crypto exchange giant Coinbase says that Brazil has “become a central focus” in its “global growth strategy.” The Brazilian media outlet Livecoins said Coinbase recognized “Brazil’s growing importance in the cryptocurrency market.” And it said the exchange...
Indian Government Provides Update on Crypto Regulation
14.12.2023
The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit, noting that this paper offers a framework for both G20...
Dogecoin (DOGE) just a memecoin while Retik Finance (RETIK) to be used by every individual in day-to-day life
14.12.2023
Dogecoin (DOGE), a cryptocurrency with a colourful history, has become very popular due to its meme-inspired beginnings. What was once a lighthearted joke gained a dedicated following and became a symbol of internet culture with DOGE. However, Retik Finance (RETIK) is a project with a revolutionary...
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
14.12.2023
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will...
Russia Poised to Let Miners Sell Coins Abroad as ‘Exports’
14.12.2023
Source: artiemedvedev/Adobe Russian industrial miners may be given the right to sell cryptoassets as “export products,” the nation’s finance ministry said. Per RBC, the country’s Deputy Minister of Finance Ivan Chebeskov made the comments at a round table event named “Cryptocurrency and the Future...
SEC Meets With Blackrock, Fidelity, Franklin Templeton, and Grayscale to Discuss Their Spot Bitcoin ETF Applications
14.12.2023
The U.S. Securities and Exchange Commission (SEC) has held multiple meetings with spot bitcoin exchange-traded fund (ETF) issuers regarding their applications. “The SEC is busier than Santa’s elves,” said a Bloomberg ETF analyst, noting that Blackrock, the world’s...
Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?
13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....
S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
13.12.2023
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value relative to fiat currencies. New S&P...
Worldcoin Unveils Integrations With Minecraft, Reddit, Telegram, Shopify, and Mercado Libre
13.12.2023
Source: Pixabay Worldcoin has introduced an updated version of its World ID feature, known as “World ID 2.0.” In a press release published Tuesday, Worldcoin announced that its new version would be integrated with Minecraft, Shopify, Mercado Libre, Reddit and Telegram, allowing users...
SEC Finally Serves Hex Founder Richard Heart with Lawsuit Alleging Fraud
13.12.2023
The United States Securities and Exchange Commission (SEC) has finally served Helsinki-based cryptocurrency developer Richard Heart with a lawsuit filed in July, according to a new court document. Heart hides out According to court documents, the SEC had been attempting to serve Schueler for over...
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
13.12.2023
Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for enhancements in denial of service (DoS) attack...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...