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Reddit altcoins that could reach the Moon this week!
20.3.2024
New-age investors are progressively migrating to Reddit-based altcoins in an effort to capitalize on potential profits in the cryptocurrency scene as the crypto market gains more global attention in the aftermath of recent events that have sparked anticipation of Bitcoin’s halving. Three...
BlackRock and Securitize to introduce a special fund
20.3.2024
BLK has generated a BlackRock USD Institutional Digital Liquidity Fund in the British Virgin Islands, which will be released together with Securitize, an asset tokenization company. BlackRock falls under the big-time investment management players, and they have filed their fund documents with...
SEC found to be engaging in bad faith against The DEBT Box
19.3.2024
The US District Court Judge Robert Shelby concluded a hearing by stating that the US Securities and Exchange Commission, also known as the SEC, had acted in bad faith against The Debt Box. The Utah Judge added that there was abuse of judicial process by the agency. This pertains to a case against...
IMF pressurizes Pakistan to levy taxes on crypto investments
19.3.2024
With the aim of normalizing Pakistan’s troubled economy and receiving financial support of $3 billion from the International Monetary Fund, they are pressurizing the country to levy appropriate taxation on crypto investments and real estate deals. During interactions between the IMF and...
Crypto market is looking to bounce back from current dips
19.3.2024
In a macro sense, the crypto market has lost most of its momentum. Whales consider it an opportunity to begin accumulating the next best tokens. However, the industry is still looking for a bounceback. Shiba Inu has failed to recover, and BTC’s price is in a free fall. However, ADA is expected...
Ether.Fi token launch hits $360m cap instantly
19.3.2024
On Monday, Ether.Fi rolled out its acclaimed ETHFI governance token, producing an airdrop that apparently symbolizes the major factor in ensuring the decentralization of the platform’s liquid staking protocol. During the day, the token was traded at a price range of $3 to $3.50, building up...
TOKI facilitates interoperable Japanese Stablecoin transfers through IBC
19.3.2024
It is another proud moment for TOKI, and they have made cross chain swapping of Japanese Stablecoin via IBC a crystal clear reality. TOKI’s IBC-backed technology has again shot into the limelight by conceptualizing BNB and Ethereum chain transfers on a public testnet. It may mark the adoption...
BRLA Digital a game changer in cross-border payments
19.3.2024
BRLA Digital is becoming a game changer in cross-border payments and cryptocurrency framework through its inventive services. The BRLA Token is a stablecoin attached to the Brazilian Real (BRL) at the core of its ecosystem. It was created to initiate effortless and low-cost transactions and provide...
Crypto whales are seen accumulating BTC, ETH, and LINK
19.3.2024
The crypto market is trembling; however, whales are least bothered by that fact. If anything, they have begun accumulating three major tokens in their portfolios. These include Bitcoin’s BTC, Ethereum’s ETH, and Chainlink’s LINK. They are heavily betting on the future with a long-term plan...
Bank of Japan likely to increase interest rate
18.3.2024
Speculations are rife regarding the possibility of the Bank of Japan increasing its interest rates very shortly, following a period of 17 years. This is due to the biggest union group in Japan declaring the toughest wage propositions in more than 30 years. Following this, the yen witnessed a slight...
Cardano Clears Air: Hydra Scaling Project On Track!
18.3.2024
The co-founder of Cardano and the CEO of IOHK, Charles Hoskinson, has very recently gotten to the bottom of rumors that have been flying around, which have been saying that Hydra has been dropped by Cardano as its layer-2 scaling solution. Contrasting with the general suspicion and false...
Mehen Finance delivers USDM
18.3.2024
Mehen Finance, the company responsible for Cardano’s initial fiat supported stablecoin, has now introduced USDM. The procedure for onboarding institutional clients will commence soon, paving the way for USDM to make its on-chain presence felt in the following week. There was a period when a strong...
Marathon Digital to take over Applied Digital’s data center
18.3.2024
Marathon Digital, one of the largest publicly traded Bitcoin miners, is set to take over Applied Digital’s 200 megawatt Bitcoin mining data center for almost $87M in cash payment. The data center is in Garden City, Texas, and uses renewable energy. For Marathon, it is the second such acquisition...
Uday Kotak calls for the development of an alternate crypto market
18.3.2024
Uday Kotak spoke elaborately on how investors are using crypto as a hedge to protect their investments and how developed economies like the United States of America, Europe, and the United Kingdom are legitimizing crypto as a major part of the future. He was delivering a speech at the SEBI NISM...
Ethereum blockchain innovations transforming sports and esports industry
18.3.2024
Blockchain technology is a distributed ledger system that operates decentralized and securely across several computers to record transactions. Beyond cryptocurrencies, blockchain is used in several industries, such as voting, supply chain management, identity verification, and medical records....
Crypto tumbles as inflation fears resurface: “Macro Boogieman” haunts bull market
15.3.2024
The US is in its election year, but the inflation fears refuse to leave. The previous speculation was that the country would soon bring inflation under control to match the acceptable margin of 2%. It had to happen before the first half of 2024 to allow the Federal Reserve to start cutting rates....
Dogwifhat (WIF) has a market capitalization of $3.2 billion
15.3.2024
The cryptocurrency Dogwifhat (WIF), which has been influenced by a dog, has a market capitalization of $3.2 billion. This may be due to increased market traction. In the words of the Founder and CEO of Real Vision Group, Raoul Pal, he is simply a part owner to the extent of 2% of...
Avalanche Foundation announces its first five community coin holdings
15.3.2024
The Avalanche Foundation made public its plan to buy community coins that are part of the Avalanche blockchain network towards the end of 2023. This continuous endeavor is part of the Foundation’s larger Culture Catalyst program, which aims to support the growth of Web3 producers, stimulate...
KuCoin announces the pre-market launch of Wormhole $W Token
15.3.2024
KuCoin recently announced the pre-market launch of the Wormhole $W token. Users can now start pre-market trading of the token on KuCoin. The string of tweets by KuCoin talked about how the launch will help the platform become a Web3 powerhouse. The tweet read that Wormhole is an open-source...
El Salvador Woos Global Investors: 0% Income Tax!
14.3.2024
In a bold step, El Salvador has introduced innovative measures that attract foreign investments by canceling pay taxes on world investments. The 0% rate for these funds means they will not be liable to pay any taxes, as opposed to the general 30%, and is seen as a big step in making the country...