Cardano Launches Catalyst Testnet, Price Action Reflects Uncertainty

Cardano, a prominent blockchain protocol, has recently launched the Catalyst testnet to the public. This allows participants to collaborate with the IOG Catalyst development team in testing new features. Cardano’s Project Catalyst aims to link investors with novel ecosystem protocols through decentralization.The Cardano cryptocurrency has experienced heightened instability in the past week, with its price […]

XRP Overtakes Bitcoin as Preferred Investment in South Korea

XRP has become the most preferred asset in South Korean investors’ portfolios, especially those in their 20s, according to new findings. The proportion of XRP in the portfolios of individuals in their twenties exceeds that of Bitcoin and Ethereum by approximately 3.2%.Kim Dong-hwan, CEO of South Korea’s virtual asset specialist Wonderframe, believes investors in their […]

Borroe ($ROE) Surges as Shiba Inu (SHIB) Experiences a Shaky Start

Shiba Inu (SHIB) has encountered a shaky start following the launch of Shibarium, with a 23% slip in price. On the other hand, Borroe ($ROE) has been experiencing an upsurge in activity as the network’s interest continues to skyrocket. The Stage 1 presale of $ROE tokens has surpassed 51%, and the token is currently selling […]

Eurozone Financial Fragility: Could Bitcoin and Crypto Adoption Follow?

The Eurozone is facing a financial crisis due to the excessive money printing by the European Central Bank (ECB) and the national central banks of member states. This has led to a total of EUR 8.828 trillion being injected into circulation, and a market-to-market loss of 700 billion euros in the past year. Germany has […]

Thailand Elects New Prime Minister With Crypto Background

Srettha Thavisin, the 61-year-old candidate of the Pheu Thai Party, was elected as the 30th Prime Minister of Thailand earlier this week. He received 482 votes out of a possible 747 and now needs the signature of King Maha Vajiralongkorn to officially step into office. Thavisin is a political newbie but not a crypto newbie, […]

Stablecoin Adoption Booms Despite Crypto Market Outflows

Stablecoin adoption saw a surge in activity last year, with over $11 trillion in value settled and over 25 million blockchain addresses holding more than $1 in stablecoins. According to a report from European hedge fund manager Brevan Howard, the majority of non-speculative activity uses fiat-backed stablecoins such as USDT, USDC, BUSD, and TUSD.The report […]

Borroe’s $ROE Token Breaks Records in Presale, Cardano ADA Struggles Despite Accumulation

Borroe is a revolutionary platform that combines AI technology with an NFT marketplace, designed to revolutionize the funding industry. The demand for its native token, $ROE, has reached unprecedented heights, attracting the attention of not just individual investors but also financial institutions.Borroe introduces a novel way for businesses to secure funding by converting their future […]

Western Union Explores Ripple’s Blockchain Technology for Cross-Border Payments

Western Union, a global money transfer powerhouse, has announced its venture into the cryptocurrency realm. CEO Hikmet Ersek revealed that the company is actively exploring the integration of Ripple’s blockchain technology and its native digital asset, XRP. Ripple has confirmed a longstanding collaboration with Western Union, stating that the company has been “engaged in testing […]

Bitcoin Price Could Reach $148,000 After Halving, Pantera Capital Predicts

American hedge fund Pantera Capital is bullish on Bitcoin (BTC), predicting that the leading token’s price may reach six figures in the near future. According to the “Blockchain Letter” issued by the crypto fund, which boasts of $3.5 billion worth of Assets Under Management (AUM), to investors, Bitcoin could reach as high as $147,843 per […]

US Crypto Industry Criticizes Biden’s Tax Reporting Rules

The Internal Revenue Services (IRS) recently proposed new rules for brokers to follow when selling and trading digital assets, in an effort to catch crypto users avoiding taxes. This has been met with criticism from prominent crypto commentators, who believe that the stringent rules will push the crypto industry away from the United States.Messari CEO […]