TL;DR Shiba Inu has been struggling to catch up with the booming crypto market lately, recording a slight price decrease in the past seven days. Despite this, some analysts predict a bull run, with potential targets up to $0.00014 toward the end of the year. The Odds of a New Substantial Rally Contrary to the…
The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano—shaped by influencers and media—and the project’s actual progress and fundamentals. Hoskinson highlighted technological advancements such as Hydra, the development of partner chains, and many community events as some of Cardano’s achievements. Despite these…
The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency payments. The FBI stressed that federal agencies do not call or email individuals threatening arrest or requesting money. Scammers spoof caller ID information, making fraudulent…
TL;DR BRETT, a frog-themed meme coin, has surged nearly 400% in the past month, reaching a market cap of $1.7 billion. Analysts and ChatGPT believe it could surpass PEPE if current trends continue. BRETT’s Chances The cryptocurrency market jumped in the middle of the week, with the meme coin sector significantly contributing to that uptrend.…
As it keeps happening during the past several weekends, bitcoin’s price action is quite dull and the asset has failed to make a big move out of its $69,300 position. The landscape with the altcoins is quite different, though, as many of them are in the red on a daily and even on a weekly…
According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than $13 million. This loan was intended to assist him in repaying investors. The exchange proposed lending Saunders millions of dollars to prevent potential harm to its reputation and avoid litigation. Bankruptcy Report Contradicts Saunders’ Previous Assertions The…
Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more currencies to follow. Ripple Payments provides faster, cheaper cross-border payment infrastructure, serving customers in over 55 countries. Clear Junction, established in 2016, offers multi-currency payment…
Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various sizes. Situated within convenience stores throughout the affluent Gangnam district and other areas, these machines meet the growing demand for micro-investments among South Koreans. Available in sizes as small as 0.5 grams and priced at…
India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthorized remote access. The ED seized digital evidence, froze fixed deposits, and confiscated jewelry connected to the case. The investigation is still ongoing. ED…
The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continued to rise. China Pauses Gold Buying in May China’s central bank, the People’s Bank of China (PBOC), paused its gold…