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Polygon Fails to Sustain $1 Price; Can MATIC Attract New Buyers?


MATIC’s name change has merely affected the name of the blockchain, but the actual token name remains MATIC. Polygon utilizes the scaling, infrastructure, and validation process of the Ethereum blockchain to develop a multiple-chain system, enabling developers to enjoy a full-fledged framework...

SEC Charges 11 People over USD 300M Crypto 'Pyramid Scheme'


The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States.... Read More: SEC Charges 11 People over USD 300M Crypto 'Pyramid...

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020


While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from...

VeChain (VET) Needs a Significant Breakout to Breach the $0.0288 Mark!


The core application of the VeChain token and its parent blockchain, VeChain Thor, has been towards the supply chain industry. This industry hasn’t witnessed any substantial transformation over the years, and VeChain has partnered with leading product development companies to ease their supply...

Bitcoin Tests USD 24K, Ethereum Above USD 1.7K, ETC Keeps Pumping


Bitcoin price remained strong above the USD 22,500 level and started another increase, surpassing the USD 23,500 resistance. It even spiked above USD 24,000 and is currently (03:54 UTC) trading near USD 23,900. BTC is up over 3% in a day and a week. Similarly, most major altcoins are also showing...

Most Bitcoin Use Happens During European and US Business Hours


Most of the activity on the Bitcoin (BTC) network now happens during European and US business hours, with a notable drop in the share of activity happening during Asian hours, a new report from the crypto analytics firm Coin Metrics has found. Judging from the findings in the report, use of...

BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?


BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...

Bitcoin Tests USD 23,000, Ethereum and Altcoins Rally


Bitcoin price formed a support base above the USD 21,000 level. BTC started a steady increase and was able to clear the USD 22,000 resistance zone after the US Federal Reserve’s rate hike decision and following comments. BTC is currently (03:55 UTC) up almost 10% in a day and trading above the...

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