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XRP and Other Cryptos Rebound After Price Crash
Bitcoin Experiences Volatility In mid-July, Bitcoin neared its annual low of $17,600 before recovering to nearly $20,000 on the same day. For several days, the leading cryptocurrency traded within a narrow range of $19,000 to $20,000. The latest US CPI figures were...
BitPay Adds Support for Polygon’s $MATIC Token
Understanding Polygon Polygon is a layer 2 solution built on the Ethereum blockchain. It offers similar advantages and use cases to Ethereum, but with key enhancements. The carbon-neutral, frictionless platform enables users to experience lower transaction fees and...
Crypto.com Chooses Paris for Its New European HQ
Crypto.com’s €150 Million Investment for Its New European Headquarters As cryptocurrency adoption continues to rise, crypto firms and exchanges are expanding aggressively. Crypto.com strengthens its position in the crypto industry by selecting Paris, France, as the...
European Union’s DLT Scheme: Crypto Implications
The new rules impose limits on stablecoins pegged to non-Euro currencies. These coins will be restricted to a maximum of 1 million transactions and a total transaction value of €200 million (approximately $196 million) within the Eurozone. Major stablecoins like...
Dogecoin (DOGE) Price Forecast Q4 : What’s Ahead?
New inflation data influenced market participants to expect a significant rate hike Dogecoin was introduced in December 2013 by programmer Billy Markus and marketer Jackson Palmer, who created the coin as a joke based on the Doge meme. Interest in the coin began...
Hong Kong Legalizes Crypto Retail Trading to Become a Hub
Hong Kong’s New Licensing Program for Crypto Firms The Hong Kong government has introduced a mandatory licensing program for crypto firms, set to launch in March 2023. This initiative is part of a broader effort to boost retail trading in the city. Sources close to...
Google Teams Up with Coinbase for Crypto Cloud Payments
Google and Coinbase Partnership The partnership between Google and Coinbase will allow the tech giant to accept crypto payments through an integration with the crypto exchange. Amit Zavery, Google Cloud’s Vice President and General Manager, explained that this...
Bitcoin Cash (BCH) Price Estimate Q4 : Boom or Bust?
Volatility in the Market The cryptocurrency market experienced sharp volatility following the release of a gross domestic product (GDP) report from the U.S. Department of Commerce. The report showed the economy growing by 2.6% in Q3, surpassing analysts'...
San Francisco: Could It Become America’s First Crypto City?
A Quick Overview of San Francisco San Francisco, located in the United States, has a population of around 887,711. Founded in 1776, the city is famous for its cable cars, stunning views from the Golden Gate Bridge, and, of course, Silicon Valley. The city's tech...
Ethereum Classic (ETC) Price Prediction Q4
Ethereum Classic (ETC) Shows Ongoing Losses Ethereum Classic is a smart contract platform that enables users to trade money, property, shares, and manage digital assets without needing intermediaries. Ethereum Classic was launched on July 20, 2016, as a distributed...
Cardano (ADA) Price Forecast Q4 : Up or Down?
Strong Job Growth in the U.S. Boosts Expectations for Interest Rate Hikes Cardano is a blockchain platform that facilitates transactions using its native cryptocurrency, ADA, and provides a foundation for developers to create secure and scalable applications. The...
NFT Creators Earn $1.8 Billion in Royalties
Centralization of NFT Royalties: Insights from Galaxy Digital The report emphasizes the surprising centralization within the NFT ecosystem. A majority of royalties were paid out to just ten entities, who collectively received nearly half a billion dollars in...
Cardano’s DEX Upgrade and Gemini’s Push for TradFi
New features with DeFi protocols The AMM protocol implemented by MuesliSwap now has the ability to automatically execute orders by directly interacting with the orderbook, a feature that was previously unavailable. Additionally, this new functionality allows for...
Crypto’s Rapid Growth in the MENA Region
MENA Shows Remarkable Crypto Growth There has been a noticeable rise in cryptocurrency use in the MENA region. According to Chainalysis’ “2022 Geography of Cryptocurrency” report, the region saw $566 billion in cryptocurrency transactions between June 2021 and June...
Sandbox (SAND) Price Estimate Q4 : Boom or Bust?
The FED's continuous strategy to curb inflation The Sandbox is a community-driven platform built on the Ethereum blockchain, which supports a decentralized virtual gaming world. It allows users to explore, purchase, and create structures for monetization, while...
Will Rishi Sunak Deliver as the UK’s First Pro-Crypto PM?
The Truss Exit & Rishi Sunak’s Arrival For Sunak to lead the UK’s crypto efforts, the exit of Liz Truss was a necessary first step. According to Millicent Labs co-founder Kene Ezeji-Okoye, the future of crypto in the UK looks promising. Truss, who served only...
Binance and Kazakhstan Join Forces to Combat Financial Crime
Binance Strengthens Its Presence in Kazakhstan with MoU Binance and Kazakhstan’s Agency for Financial Monitoring have expressed a mutual interest in ensuring the secure development of virtual assets in the country. This was formalized through the MoU, which also...
How Elon Musk’s Twitter Purchase Could Impact the Cryptosphere
What Does Elon Musk Have in Mind for Twitter? Musk has made no secret of his intention to overhaul the social media platform, aligning it with his own vision. The outspoken critic of current online moderation practices has identified himself as a “free speech...
Aave (AAVE) Price Forecast Q4 : Rise or Fall?
Market Sentiment for Crypto Continues to Remain Negative Aave is a decentralized lending platform that allows users to lend, borrow, and earn interest on crypto assets without the involvement of intermediaries. AAVE token holders have several privileges, including...
Socios Unveils New Rugby and Soccer Fan Tokens
The Concept of Fan Engagement Socios takes its name from the Spanish term for members of supporter clubs in soccer teams. This concept has been a part of football culture for over a century, especially within La Liga. Real Madrid, the most valuable football team...
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