Tether had been fined $41M by the CFTC for making false claims about its reserve holdings. Ripple anticipated that the stablecoin market would surpass $3 trillion by the year 2028. Recently, Deutsche Bank’s research analysts sounded the alarm about the stablecoin industry, predicting that the majority of pegged currencies would eventually collapse. Deutsche Bank examined […]
Why Are South Asian-Based Cryptos Currently Capturing Traders’ Attention?
VELO has surged 113% in the past month. UMA has garnered attention through its 50% gain. VELO has emerged as a standout performer, reaching a nearly two-year high at $0.02861, marking a remarkable 13-month peak. Dubbed the “XRP of South East Asia,” VELO has been capturing the attention of crypto traders with its meteoric rise, […]
Sui’s zkLogin Revolutionizes User Experience with Multi-Signature Recovery: SUI Tokens Soars
TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple. Multi-Sig Security: The new multi-sig feature supports complex use cases, enabling up to 10 zkLogin […]
BlockFi’s Closure Nears: Partners with Coinbase for Smooth Customer Withdrawals
TL;DR BlockFi is undergoing liquidation and restructuring after declaring bankruptcy in 2022 and has announced new measures. The strategic partnership with Coinbase will allow customers of the lending platform to access and withdraw funds efficiently. Deadline dates have been established. Those unable to open an account on the exchange will receive cash distributions. The company […]
Ripple, Hedera, and Algorand Launch the DeRec Alliance for Web3 Asset Recovery. What is This?
TL;DR Expansion and Goals: The DeRec Alliance has expanded with new members Ripple and XRPL Labs, joining forces with Algorand Foundation and Swirlds Labs to address the challenge of secure and user-friendly asset recovery in the Web3 ecosystem. Innovation and Methodology: Co-founded by Dr. Leemon Baird of Hedera, the alliance introduces an open-source, industry-standard methodology […]
Can Bitcoin Reach $70K In the Next Few Months? New Altcoin Presales Poised for Massive Gains
The question on everyone’s mind is whether Bitcoin can reach the impressive $70,000 mark in the coming months. While Bitcoin’s performance remains a focal point, the spotlight is also on new altcoin presales that are showing promising potential for massive gains. Among these, Dogeverse, Wiener AI, and Sealana are emerging as key players in the […]
Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000
As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael […]
Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000
As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael […]
Unleash Your Inner Champion with GOAT Token! Exclusive Insights from Co-Founder Miro Eden
Introduction: As the cryptocurrency market continues to expand, innovative projects like GOAT Token are carving out unique spaces for themselves. Today, we are thrilled to present an exclusive interview with Miro Eden, also known as Amr El Adany, co-founder and head of the development team at GOAT Token. In this discussion, Miro shares the ambitious vision […]
Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum
As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $60,954 to $63,388, at present, bitcoin is coasting along values between $62,861 to $63,272 per unit, suggesting a market grappling with both bullish and bearish sentiments. Bitcoin Bitcoin’s (BTC) […]