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Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom
30.5.2023
On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have garnered roughly 1,596 bitcoins, valued at $44.37...
Why did Gary Gensler call Algorand ‘great technology’? AI analytics may hint at the reason
30.5.2023
Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), once referred to Algorand as “great technology” during a 2019 talk. Gensler’s recent claims in a lawsuit of Algorand being a security have sparked interest among investors, analysts, and enthusiasts...
TMS Network obliterates Cosmos and Dai in phenomenal 1800% value gains
30.5.2023
The bearish trend continues, with thousands of crypto projects taking a hit and losing investors’ interest. Amidst all these, the TMS Network and its groundbreaking revolution are bringing a new age of asset training to help traders make profitable and informed decisions. Since its launch...
VERSE goes live on Kucoin, announces Bitcoin.com
30.5.2023
Bitcoin.com has announced that its ecosystem’s native token, VERSE, is now live on the first exchange platform, which is Kucoin. Per the announcement, the first trading pair to go live is VERSE/USDT, marking a major milestone for the crypto community. VERSE going live at Kucoin enables Bitcoin.com...
Bali Government Cracks Down on Crypto Payments by Foreign Tourists
30.5.2023
The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...
Huobi appears at Wiki Expo in Singapore to drive Web3 adoption
30.5.2023
Huobi recently participated in the Wiki Expo, organized in Singapore, with the objective of exploring ways to drive the adoption of Web3. Huobi was present at the event as a strategic partner, marking a significant milestone for both. Wiki Expo centered around the theme of seeing as many ways...
3Commas enhances trading experience with new updates
30.5.2023
3Commas is known for pushing the boundaries, especially to make sure that it is able to bring a better experience for the community. The practice has been ongoing for months, except that April 2023 marked a month of significant updates published by the team. It has further talked about how updates...
Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions
30.5.2023
The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help...
Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million
30.5.2023
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily...
Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners
30.5.2023
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s...
Which Crypto Will Give 1000% Gains in 2023?
30.5.2023
Image by Fareed Mindalano / Playground AI
After experiencing a notable 4.49% uptick yesterday, Bitcoin (BTC) is currently retracing and trading at $27,665, down 1.48% in the past day.
According to crypto analytics firm Glassnode’s recent report, however, on-chain data shows Bitcoin could break...
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
29.5.2023
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from the bankrupt company by the Fahrenheit coalition...
Bali Tightens Regulations: Stricter Measures Implemented to Restrict Foreign Tourists from Using Cryptocurrency as Payment
29.5.2023
The popular Indonesian tourist island Bali will tighten rules around payments to make it harder for foreign tourists to pay with crypto.
Speaking at a press conference on Sunday, Bali Governor Wayan Koster indicated that the tighter rules on payments are part of a wider crackdown on what he called...
Experts predict InQubeta will have higher growth than Ethereum & Solana for years to come
29.5.2023
The cryptocurrency and blockchain technology world has witnessed remarkable progress over the years, with numerous platforms vying to revolutionize how we invest and engage with emerging technologies. Among these rising stars, InQubeta (QUBE) has caught the attention of experts, who predict that...
Tradecurve shows potential use cases while XRP is in a grey area amidst the SEC battle
29.5.2023
This article has shown that Tradecurve is the best crypto project to invest in if you are looking for a crypto project that can make you a millionaire with only an investment of a thousand dollars. This project has shown that it is able to grow at a rapid pace with its unique value proposition...
Russia scraps plans for a national cryptocurrency exchange
29.5.2023
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said
US Debt Ceiling Deal Leaves Out Cryptocurrency Mining Tax, Congressman Confirms
29.5.2023
In a deal by President Joe Biden and Republican House Speaker Kevin McCarthy to raise the US debt ceiling, there is one part notably absent — a tax on cryptocurrency mining.
Over the weekend, Biden and McCarthy closed in on a deal to raise the debt ceiling with a plan to get Congress on board this...
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...
Crypto analysts: DigiToads and Quant to join top 50 coins soon
29.5.2023
While this year hasn’t been as fruitful for crypto investors as some in the past: the good news is that there’s still plenty of money to be made with the right investment. As confidence continues to wane, some savvy investors think now is the perfect time to buy and that current...
Venezuelan Petro Blockchain Faces Operational Difficulties, Hundreds of Wallets Allegedly Blocked
29.5.2023
The blockchain of the petro, the Venezuelan official cryptocurrency asset, has been facing difficulties, halting on May 24, with block production restarting on May 27 only to stop again on May 28. Asonacrip, a local cryptocurrency association, also reported that hundreds of petro wallets were...