Jerome Powell, the Federal Reserve chairperson, has been facing criticism for his stance on using the same approach that helped the US get rid of inflation several decades ago. Arthur Hayes, the founder of BitMEX, has argued that the current economic and monetary conditions in the US are vastly different from what they were in […]
Bitcoin’s next halving event, set to take place in April 2024, could see the cryptocurrency’s price skyrocket to $148,000, according to Pantera Capital, the fifth-largest crypto hedge fund by AUM.The firm’s “Blockchain Letter” analyzed BTC’s past halving events and their subsequent impact on its price. It noted that the longest period of negative year-over-year returns […]
The Shiba Inu team has recently reopened the Shibarium network after it suffered technical issues during its launch. The team has also increased the network’s capacity by 1,500% to enhance security and stability. This has led to renewed interest in the ecosystem’s tokens, with the price of BONE token increasing by 15% over the course […]
Ripple has been responding to the challenges of the current cross-border payment system with its blockchain-based solutions like RippleNet. This platform offers real-time payments and remittance services along with advanced cross-border payment solutions. XRP Ledger, which uses the XRP crypto for instant cross-border settlements, has already partnered with over 100 financial institutions in 55 countries.Crypto […]
Cardano (ADA) is a cryptocurrency project that is dedicated to creating a secure and transparent platform that benefits investors and users. Its founder, Charles Hoskinson, believes that the United States Securities and Exchange Commission (SEC) will not target ADA, and that the SEC’s recent legal actions against prominent cryptocurrency exchanges are driven by political motives.Hoskinson […]
API3, a blockchain oracle provider, has recently announced the introduction of managed data feed services to Polygon zkEVM. This service will enable developers to access multi-source, decentralized data feeds (dAPIs) delivered by first-party oracle nodes with native-chain aggregation. The goal is to support the growth of TVL on the network and to provide a more […]
BNB price started a strong decline from the $260 resistance and is now attempting a recovery wave above the $215 level. A major bearish trend line is forming with resistance near $232 on the daily chart. If the bulls can clear the $230 and $232 resistance levels, the price could start a recovery wave and […]
Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. Nvidia reported a net income of $6.7 billion for the quarter ending July 30, which was 422% up on the same period a year ago. This caused a surge in AI stocks, with Render, SingularityNET and Fetch.ai […]
Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. With hype around AI hitting a new high after another huge guidance from Nvidia, RNDR price looks poised for a retest of the key supply zone near $1.58.Demand for the Render technology cuts across gaming, metaverse, AI, […]
Planet cryptocurrency is the native token of a platform called Planet that uses blockchain technology to tackle the most important sustainability concerns in the world. The ‘Join Our Planet’ movement is dedicated to resolving the 17 Sustainable Development Goals (SDGs) established by the United Nations.At press time, PLANET was trading at $0.00005528, up 14.96% in […]
