TLDR Caitlyn Jenner launched a Solana-based meme coin called JENNER, which initially led to confusion about whether her account was hacked. Jenner later launched a new version of the JENNER token on Ethereum, with a 3% transaction tax to be donated to support Donald Trump’s presidential campaign once the token reaches a $50 million market…
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) This week, Ethereum has moved sideways with a modest 1.5% price increase. Bulls tried to take ETH above $3,900, but they were stopped despite the few attempts. It appears that the resistance at $4,000 will require more time…
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered solutions and CBDCs, despite resistance from sector incumbents. In Africa, crypto-enabled payments are enhancing accessibility and affordability,…
Bitcoin’s price went on a volatile ride in the past 24 hours by dumping to $67,100 and later skyrocketing to almost $70,000 before it was stopped. The altcoins are with minor gains overnight, while Pepe has resumed its bullish trajectory with a 9% daily surge. BTC’s Down and Up and Down Ride After a quiet…
The recent introduction of Bitcoin and Ethereum-backed exchange-traded notes (ETNs) shows a major regulatory shift in the UK’s extensive trading market. However, the low volume of purchases raises concerns about market enthusiasm. The London Stock Exchange (LSE) may lag behind its global counterparts. The crypto ETNs that started trading on the London Stock Exchange saw…
TLDR TRUMP token, tied to Donald Trump, experienced a 35% drop after he was found guilty on 34 felony counts but rebounded by 29% soon after. The price surge was backed by real demand, as indicated by the token’s momentum indicators, such as RSI, MFI, CMF, MACD, and Aroon. Other Trump-themed meme coins, like MAGA…
TLDR SEC Commissioner Hester Peirce proposed a joint digital securities sandbox between the US and UK to allow firms to use specified technologies like DLT. The sandbox would give firms an opportunity to operate under the same regulatory requirements in both countries while accessing a larger dataset. Peirce believes the US and UK are well-suited…
TL;DR Shiba Inu’s Shibarium hit a new milestone in terms of total blocks processed on the network. Additionally, SHIB’s burn rate surged by 350%, aiming to reduce supply and potentially increase value. Shibarium Keeps Progressing Shiba Inu’s layer-2 scaling solution – Shibarium – made the headlines again after completing another major achievement. The latest data…
Robinhood, the popular investment and trading platform, has announced a significant upgrade for its crypto customers in the United States. Users can now leverage Robinhood’s newly introduced Crypto Trading API to view real-time crypto market data, manage their portfolios and account information, and place crypto orders programmatically. “With our new crypto trading API, we’re helping…
PRESS RELEASE. MEW, a cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. MEW is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and TV series primarily in the Korean market. After raising about $17.5 million…