Stablecoins have made a huge impact in the payments industry, settling more than $11 trillion in value in 2022, rivaling Visa’s $11.6 trillion. This is according to a report by European hedge fund Brevan Howard.The report found that over 25 million blockchain addresses held more than $1 in stablecoins, with the majority of these being […]
Cardano, a prominent blockchain protocol, has recently launched the Catalyst testnet to the public. This allows participants to collaborate with the IOG Catalyst development team in testing new features. Cardano’s Project Catalyst aims to link investors with novel ecosystem protocols through decentralization.The Cardano cryptocurrency has experienced heightened instability in the past week, with its price […]
XRP has become the most preferred asset in South Korean investors’ portfolios, especially those in their 20s, according to new findings. The proportion of XRP in the portfolios of individuals in their twenties exceeds that of Bitcoin and Ethereum by approximately 3.2%.Kim Dong-hwan, CEO of South Korea’s virtual asset specialist Wonderframe, believes investors in their […]
Shiba Inu (SHIB) has encountered a shaky start following the launch of Shibarium, with a 23% slip in price. On the other hand, Borroe ($ROE) has been experiencing an upsurge in activity as the network’s interest continues to skyrocket. The Stage 1 presale of $ROE tokens has surpassed 51%, and the token is currently selling […]
The Eurozone is facing a financial crisis due to the excessive money printing by the European Central Bank (ECB) and the national central banks of member states. This has led to a total of EUR 8.828 trillion being injected into circulation, and a market-to-market loss of 700 billion euros in the past year. Germany has […]
Stablecoin adoption saw a surge in activity last year, with over $11 trillion in value settled and over 25 million blockchain addresses holding more than $1 in stablecoins. According to a report from European hedge fund manager Brevan Howard, the majority of non-speculative activity uses fiat-backed stablecoins such as USDT, USDC, BUSD, and TUSD.The report […]
Western Union, a global money transfer powerhouse, has announced its venture into the cryptocurrency realm. CEO Hikmet Ersek revealed that the company is actively exploring the integration of Ripple’s blockchain technology and its native digital asset, XRP. Ripple has confirmed a longstanding collaboration with Western Union, stating that the company has been “engaged in testing […]
American hedge fund Pantera Capital is bullish on Bitcoin (BTC), predicting that the leading token’s price may reach six figures in the near future. According to the “Blockchain Letter” issued by the crypto fund, which boasts of $3.5 billion worth of Assets Under Management (AUM), to investors, Bitcoin could reach as high as $147,843 per […]
CNBC, one of the world’s largest cable news networks, has dropped Bitcoin Cash (BCH) and Litecoin (LTC) from its coverage and replaced them with Solana (SOL). The network will continue to cover news related to Bitcoin and Ethereum, two of the world’s most valuable crypto platforms.It is unclear why CNBC dropped BCH and LTC, but […]
Bitcoin and Chainlink are two of the top cryptocurrencies with potential as long-term investments. Bitcoin, the world’s largest crypto by market cap, is seen as a safe-haven investment rather than a conventional currency. It has gained attention in 2021 due to Tesla CEO Elon Musk’s announcement of the company’s $1.5 billion investment, followed by the […]
