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PayPal introduces PYUSD, new stablecoin
8.8.2023
PayPal has introduced its stablecoin to the community. It goes by the symbol PYUSD. PayPal’s stablecoin is backed by the US Dollar with a value equivalent to the fiat currency. Meaning 1 US Dollar translates to 1 PYUSD. The stablecoin will roll out in the days to come; however, the community...
Singapore Red Cross to accept donations in Bitcoin and Ethereum
8.8.2023
Singapore Red Cross recently announced its partnership with Triple-A. Now, the homegrown humanitarian organization will start accepting donations in Bitcoin and Ethereum. Triple-A is a renowned payment gateway that boasts a license from the MAS (Monetary Authority of Singapore). The announcement...
Trailing Stop: A powerful tool for controlling risk in crypto trading
8.8.2023
Trailing Stop loss orders allows traders to fix a loss percentage they can afford to lose while trading on any crypto assets. Trailing Stop loss orders play a powerful role in providing profit protection and managing risks, considering profit-protecting stops. When a crypto price rises or falls...
Reddit Community Tokens Moons and Bricks Soar 50% on Kraken Listing
8.8.2023
Kraken and Kraken Pro users can trade both coins against the U.S. dollar and euro in the spot market
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
XRP becomes the market’s best performer, but whales prefer buying DigiToads. Here’s why
7.8.2023
XRP may be dominating the market as the best performer, but an intriguing phenomenon has caught the attention of influential players: the rise of DigiToads (TOADS). Despite XRP’s impressive gains, crypto whales are turning their focus towards this unique project that promises a positive...
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Options traders bearish on ETH, investors back InQubeta as the next big thing in AI & crypto
7.8.2023
Operating in a fast-paced landscape, investors and traders constantly monitor trends and sentiments capable of influencing crypto prices. In light of this, options traders are currently bearish on Ethereum after discovering bearish signals and indicators. Their bearish concerns signal caution...
Filecoin storage utilization rate a paltry 7%, FIL bulls are giving up, $ROE looks promising
7.8.2023
The recent sluggish performance of Filecoin (FIL) has caught the attention of many investors. Despite promising technological advancements, Filecoin’s storage utilization rate stands at a meager 7%, raising questions about the network’s viability. This discouraging trend is causing...
Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support
7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
Solana is on everyone’s hit list alongside Bitcoin Spark
7.8.2023
Amid the cryptocurrency bear market, Solana, a young blockchain network, is creating massive traction for retail and large-scale investors. You might wonder why, but the reason is based on the ecosystem’s improved scalability and transaction per second. The layer-1 protocol bounced back from...
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...
Filecoin & DAI traders pivot to VC Spectra: Eyeing 627% presale surge
7.8.2023
Filecoin (FIL) and DAI investors are pretty disappointed in the performance of these tokens. That’s why we recommend you something new. VC Spectra (SPCT) comes with excellent perks and a 627% surge while in presale. So, instead of wasting time, become an SPCT holder and experience unique benefits!...
FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers
7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...
FLOKI enters a partnership with Bybit
7.8.2023
FLOKI recently announced a strategic partnership with the renowned crypto exchange, Bybit. The collaboration will see FLOKI becoming a part of the ongoing WSOT 2023 Trading Showdown. With the partnership, Floki Vikings have now become eligible to win from the 8 million dollar prize pool....
Floki Inu enters a partnership with Bybit
7.8.2023
Floki Inu recently announced a strategic partnership with the renowned crypto exchange, Bybit. The collaboration will see Floki Inu becoming a part of the ongoing WSOT 2023 Trading Showdown. With the partnership, Floki Vikings have now become eligible to win from the 8 million dollar prize pool....
What Golden Cask Club brings to the table compared to PEPE & DOGE?
7.8.2023
In recent years, the surge in alternative investment avenues has redefined financial landscapes, with cryptocurrencies leading the charge. Distinctive players like meme coins Pepe (PEPE) and Dogecoin (DOGE) set precedence among these asset classes. However, a new entrant, Golden Cask Club (GCC)...
Avalanche bleeding continues, QUBE on track to break records in presale
6.8.2023
There’s no denying that the crypto market has always been a roller-coaster ride for investors. Some tokens rise to stardom overnight, while others plunge into oblivion. Recently, the Avalanche (AVAX) has experienced a downtrend, reflecting the unpredictable dynamics of this digital asset...