The Terra Classic community has decided against increasing gas fees tenfold on their network, thereby rejecting a proposition aimed at preventing affordable spam attacks on the chain. A suggestion had been put forward to amplify gas fees ten times, based on the argument that existing transaction fees were insufficiently high and making spam assaults feasible … Read more
In the face of regulatory hurdles, Binance, a prominent cryptocurrency exchange, has unveiled plans for a new copy trading feature in spots, set to launch in May 2024. Binance Listened To Its User’s Feedback Binance suggested the upcoming introduction of a spot copy trading tool on their platform, inviting experienced traders to join the Leaderboard … Read more
eToro, a leading financial asset trading company, has teamed up with 21Shares, the foremost issuer of cryptocurrency exchange-traded products (ETPs), to develop an intelligent investment portfolio. In a statement on April 23rd, eToro announced that the recently introduced 21Shares-Flows would provide retail investors with additional tools using a forward-thinking method. The release detailed that this … Read more
XRP Price Analysis: Following Bitcoin‘s post-halving rebound, XRP and other significant cryptocurrencies experienced a notable surge since last Friday. The price of XRP rose from $0.46 to $0.54, representing a 17.34% increase. This bullish momentum is reinforced by the growing number of wallets holding large amounts of XRP. Could this upward trend in XRP be … Read more
At Archax, a fintech company situated in London, we are broadening our tokenization offerings to encompass the BlackRock ICS US Treasury money market fund (MMF). This initiative is being carried out in collaboration with The HBAR Foundation and marks an significant advancement in the fusion of conventional financial assets and blockchain technology. Introduction of Tokenized … Read more
Solana (SOL) is bouncing back in the cryptocurrency market following a period of volatility triggered by Bitcoin‘s dip to the $60,000 support level due to a market crash. Despite this setback, Solana has displayed remarkable tenacity, with its value increasing by around 18% over the past month. The recent Bitcoin halving event, which occurred a … Read more
The prices of cryptocurrencies, including Shiba Inu Coin, took a hit this week as the effects of Bitcoin‘s halving event over the weekend began to wane. Shiba Inu Coin surged by 24% on Sunday alone, but it struggled to hold above $0.000028 – a level reflecting Bitcoin’s price breaking through $60,000. Following some stability in … Read more
Member countries of the BRICS group are exploring the possibility of introducing a digital currency, known as a stablecoin, as a substitute for using the US dollar in international money transfers and commerce. BRICS To De-Dollarize Trade With Stablecoin In a recent interview, Russian Deputy Foreign Minister Sergei Ryabkov revealed that the bloc is exploring … Read more
The SEC’s decision on whether to approve Franklin Templeton’s Ethereum ETF has been pushed back. The new date for a decision is now June 11, 2024. This is just one of several cryptocurrency ETF applications the SEC has delayed in recent months. Franklin Templeton Ethereum ETF Delay In February 2024, Franklin Templeton submitted the first … Read more
The Philippines’ Securities and Exchange Commission (SEC) has intensified its regulatory efforts against Binance, the globe’s leading cryptocurrency exchange, instructing Google and Apple to take down the app from their marketplaces. This comes after previous measures taken by the SEC regarding Binance in the Asian nation. Binance Faces Escalating Legal Challenges Based on a recent … Read more