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Biggest Movers: MATIC Moves to 5-Week High, as LTC Climbs Above $100.00


Polygon jumped to a five-week high on Thursday, as founders of the token proposed an upgrade that will create a new coin, POL. If approved, MATIC will be replaced with the new token that will function on all Polygon networks. Litecoin also rallied, hitting a one-month high. Polygon (MATIC) Polygon...

What can XRP holders expect in 2023?


The answer to the query ‘Why is XRP going up?’ may lead you to the SEC vs. Ripple lawsuit. In December 2020, the SEC filed a lawsuit against Ripple, its CEO Brad Garlinghouse, co-founder Chris Larsen, and the $1.3 billion exchange of XRP coins. The agency has alleged that Ripple has unregistered...

A lucky Shiba Inu investor turns $17 into $1.5M in a year!


With the crypto market on the rise, traders are gaining their portfolio value back. It became evident with one Shiba Inu investor turning 17 dollars into 1.5 million dollars. The investor achieved this feat in one year alone, thanks to SHIB’s significant hike. The data, released by Etherscan from...

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments


The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...

US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals


On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....

The inevitable crypto shakedown begins: Why is DigiToads super resilient?


There has been a lot of talk about crypto shakedown over the past few months. The chatter about a possible shakeout has also made many crypto users tizzy and impacted the prospects of many tokens. However, there is one crypto project that has managed to soldier amidst the frenzy and even clocked...

US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins


On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....

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