For the second time in a row, XRP‘s price has significantly risen above its long-term average. However, some investors are cautious, predicting a brief rally before another price drop back to the average. Others, though, view this as the commencement of a Bull Run for XRP. Over the past few years, XRP has consistently underperformed … Read more
In the world of blockchain, networking isn’t just about chatting over coffee. It forms the foundation for new ideas and progress. At blockchain conferences, attendees build meaningful connections that offer unique learning opportunities and potential partnerships. These events go beyond the scheduled presentations, with elite social gatherings adding to the experience. Events like the Global … Read more
Some meme coins are seeing significant daily withdrawals even as gains are made in certain cat and dog-themed tokens. Amid ongoing liquidations in the crypto market, a few meme coins have managed to rally instead. The total value of cat-themed meme coins in the market is $1.7 billion, representing a 6.6% decrease from the previous … Read more
After recently launching the first Bitcoin ETF aimed at delivering 2x daily returns, ProShares, a leading ETF provider and asset manager, is now considering creating a comparable Ethereum ETF. ProShares Making a Bold Ether ETF Play Eric Balchunas of Bloomberg Senior Analysis states that ProShares has sent an application to the SEC for two Ethereum … Read more
In its most recent report, the US Treasury Department has issued a caution about Russia’s usage of stablecoins like Tether for illicit activities to bypass sanctions and finance their military machinery. Russia USDT Use Takes Limelight In a formal statement to the Senate Banking Committee, the US Treasury Deputy Secretary expressed concern that Russia’s usage … Read more
According to Coinbase, the Bitcoin halving is predicted to occur on April 17. This event, which occurs approximately every four years, is highly anticipated by dedicated investors due to its significant impact on the market. leading up to this event, investors are actively positioning themselves in Bitcoin and popular altcoins like AltLayer (ALT) and Pendle, … Read more
Recently, cryptocurrency writer Panos Mekras connected Ripple‘s plans for stablecoins to Tether’s financial prosperity. He expressed this perspective following news of Tether’s substantial profits in 2023. According to an examination by Maelstrom using publicly available data, Tether reported earning around $6.2 billion in net income – a notable jump from their earnings the year prior. … Read more
Senator Elizabeth Warren advocates for stronger oversight of crypto validators and stablecoin users to combat international illegal activities. During the US Senate Banking Committee Hearing, Warren emphasized that cryptocurrency companies should face the same Anti-Money Laundering (AML) regulations as traditional financial institutions. At the hearing, Wally Adeyemo, the Deputy Secretary of the Treasury, spoke about … Read more
In simple terms, Doge, a popular meme token in the digital currency market, has experienced a notable increase in value recently. However, this growth spurt was temporary, and Dogecoin‘s price now shows signs of stability, moving sideways instead of up or down. This trend suggests that Dogecoin may be taking a break after its quick … Read more
Andriessen Horowitz’s cryptocurrency branch, A16z Crypto, unveiled Jolt, a new Zero-Knowledge Virtual Machine (zkVM) from them. This innovation aims to enhance blockchain systems by employing zero-knowledge proofs capability, particularly SNARKs ( succinct non-interactive arguments of knowledge), to create scalable ZK-rollups in the Layer 2 sector. Zero-Knowledge Virtual Machine In the realm of blockchain technology, Jolt … Read more