The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new inflows and money leaving the crypto sector faster than it is coming in. This has put additional […]
Crypto enthusiasts can now optimize their rewards with Carbon’s strategy. The process involves obtaining $SWTH on Demex, transforming it into rSWTH via StaFiHub, bridging it to Terra with TFM, and staking it on Terra’s staking platform. Rewards include both SWTH and LUNA. Additionally, Alliance staking rewards are now active for both 0xcarbon and Migaloo_Zone LSTs […]
JPMorgan’s head of technical strategy, Jason Hunter, has warned that the stock market may see further moves to the downside in the short to midterm. Hunter believes that the “tide is turning” for the S&P 500 after the stock market index printed a recent high of 4,607 points. He also noted that JPMorgan is currently […]
Pomerdoge (POMD) is a new project that is quickly gaining attention from investors due to its ability to endure the current unfavorable trend in the crypto market. The project offers great earning opportunities, including rewards in the game, staking with a fixed APR of 10%, and a collection of 7,777 NFTs scheduled for publication in […]
Indian Prime Minister Narendra Modi recently discussed the intricate dynamics of emerging digital technologies in an in-depth interview with Business Today. He highlighted the need for a global framework and regulations for blockchain and cryptocurrencies, which have transcended borders and grown in significance. Modi noted that a global consensus-based model is needed, especially one which […]
Friend.tech, a social media platform that initially gained attention for its rapid growth, has been hit hard by a sharp decline in crucial metrics, leading many to question its viability in a competitive landscape. The platform’s success was short-lived, as daily transaction fees and volumes plummeted by more than 87% and 90%, respectively.The bots that […]
At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]
Bitcoin’s price has been stagnant for the past month, with only a brief surge on August 17th that saw the asset plummet by 10% to a two-month low of $25,300. After a brief recovery, the asset has been trading just below $26,000. Most altcoins have also seen minor daily losses, with XRP, ADA, DOGE, and […]
Ripple’s XRP token has been the subject of much debate in the crypto space, with the U.S. Securities and Exchange Commission (SEC) taking a stance against the token. However, a 2018 internal memo from the SEC’s enforcement lawyers did not label XRP as a security, which could be a game-changer for Ripple’s legal battle.Despite the […]
Vitalik Buterin, the co-founder of Ethereum, recently transferred 3,000 ETH, worth approximately $4.9 million, to a Vb 2 labeled address. According to Etherscan, the transaction took place on Aug. 28 and brought the total value of ETH held in the wallet to just under $5 million. Following the transaction, Ethereum’s price remained steady at $1,640 […]
