New Zealand is making headlines once more in the cryptocurrency sphere, with its latest development being the planned introduction of a Central Bank Digital Currency (CBDC). This groundbreaking move aims to significantly alter New Zealand’s monetary system. The Reserve Bank of New Zealand has initiated consultations for their new CBDC project, creatively named “Digital Cash.” … Read more
In the first quarter, the crypto sector experienced several financing events as the cost of Bitcoin and other digital currencies surged noticeably. The launch of a Bitcoin ETF in the United States drew significant investment and global interest, leading venture capitalists to consider jumping on the bandwagon. However, they exercise caution due to uncertainties surrounding … Read more
Meme coins like Shiba Inu‘s SHIB and BONE (Shibaswap token) have regained attention in the crypto world on April 17 as many of these tokens displayed signs of a comeback. Shiba Inu, in particular, has sparked significant interest among investors globally, leading to impressive gains within the past day. The crypto market saw intense activity … Read more
The Bitcoin halving is just around the corner, scheduled for April 20, 2024. This significant event has sparked interest among cryptocurrency enthusiasts and investors globally. Historically, Bitcoin halvings have influenced BTC‘s price pattern. In this article, we explore predictions from industry experts regarding the possible price direction of Bitcoin post-halving. Let’s examine their insights to … Read more
IO Research’s announcement about building the largest Decentralized Physical Infrastructure Network (DePIN) is a major development in the decentralized cloud services sector. At the same time, they have disclosed details about their IO token economics, providing insights into the workings of DePIN’s token economy. The IO token, which has a maximum supply of 800 million … Read more
A new law passed by the Norwegian government seeks to control the growing crypto mining sector. According to a report published by local news source VG on Monday, this legislation indicates Norway’s intention to oversee and possibly close down cryptocurrency mining activities within its jurisdiction. Amid increasing worries about the environmental consequences of cryptocurrency mining … Read more
Members of the Shiba Inu community remain determined to burn SHIB tokens at an unyielding pace, even during periods of decreased activity on the Shibarium platform. Recently, a significant amount of SHIB has been transferred to “dead wallets,” or accounts that no longer have access to the tokens. Meanwhile, the SHIB price continues its attempts … Read more
Investors have the opportunity to earn significant returns through presales. By purchasing a coin before its public sale, you get to buy it at a lower price than its initial listing price on an exchange. In this article, we’ll introduce you to the top upcoming presales on the Binance Chain blockchain. Gain insights into their … Read more
In recent large-scale deals, XRP billionaires have created ripples in the cryptocurrency world by moving vast quantities of XRP. Approximately 287 million XRP tokens were transferred in these transactions. These transfers have fueled debate among investors and experts regarding the potential influence on XRP’s price. XRP Whales Shift Massive Reserve Based on Whale Alert’s figures, … Read more
Based on recent news, there were withdrawals amounting to $59.3 million from Bitcoin ETFs on April 16th. This marks the third consecutive day of negative flows for Bitcoin ETFs. Approximately $25.8 million flowed into BlackRock’s iShares Bitcoin ETF (IBIT) during the specified period, representing a relatively small increase in assets. During that time period, there … Read more