Author: admin
The major cryptocurrency is surging again, surging another 2.5 grand in the past hour or so to hit a multi-month high of about $68,000. This has increased speculation that the asset may finally have materialized, based on previous assumptions that October would be a very bullish month. CryptoPotato reported today that the largest digital asset soared to a then three-week high of $66,500, marking an impressive rally. After a slight stagnation and a brief correction, the bulls appear to have regained control as the asset broke through the $66,500 resistance level and surged to $67,950 (on Bitstamp) a few minutes…
In light of data from IntoTheBlock, it has been revealed that the scale of whale activity behind the scenes of the popular meme cryptocurrency Dogecoin (DOGE) has increased significantly over the past 24 hours. However, there is one important caveat to note first. The volume of large-scale transactions by Dogecoin increased by 73.53%, reaching a total of 14.75 billion DOGE. In monetary terms, this represents an increase from $938 million to $1.67 billion. Note that only transactions with a minimum value of $100,000 are included in the analysis. related Source: Into the BlockAt first glance, the statistics look promising, with…
Episode 132 of the Public Key podcast is here! When we think about the crypto company that has cracked the real world adoption problem and given access to people internationally who want access to the US dollar and foreign currency, we have to describe Tether as being that company. In this episode we talk to the CEO of Tether and CTO of Bitfinex, Paolo Ardoino about what the future of decentralization looks like for finance, communication and the exchange of value. You can listen or subscribe now on Spotify, Apple, or Audible. Keep reading for a full preview of episode…
Tether is exploring US dollar financing for small commodity traders to simplify global trade and finance. Tether has assisted law enforcement agencies by blocking over 1.8 billion USDT and aided fraud prevention efforts around the world. Tether, the company behind the stablecoin USDT, is taking calculated steps to diversify its operations outside the cryptocurrency industry. With a focus on US dollar lending to small and medium-sized enterprises engaged in the sale of oil, metals and agricultural products, CEO Paolo Ardoino recently indicated that Tether is actively exploring prospects in the commodity trading space. Due to lack of access to large…
Ethereum is reimagining the future of decentralized applications. In this article, we will explain Ethereum and its smart contracts in five levels for a variety of readers.child Ethereum is like a giant computer that runs on the internet. Imagine playing a board game on this computer and everyone following the rules. You can also store your items safely so that no one can do anything fraudulent. All digital robots follow the rules without anyone changing them. Bitcoin is like a digital coin that you can use, whereas Ethereum is like a computer that can do more than just handle money.…
Base Blockchain token Degen has emerged as one of the most promising and promising meme coins of this week and month. As shown in the graph below obtained from Nansen, the token has increased over 223% in the past 30 days, reaching a 335% recovery from this year’s lowest point. Therefore, it turns out that the increase in the number of smart money holders has a direct correlation with the increase in the value of degen. The token currently has 67 smart money holders, the highest number since June 19th, which dropped to a low of 45 in September. There…
Many cryptocurrency enthusiasts have tried and failed to combine the multi-billion dollar video game industry with NFT and blockchain technology. According to a report by CoinGecko, of the 2,817 Web3 games launched between 2019 and 2023, 75.5% failed. For some reason, the two industries haven’t been able to mesh well, but that doesn’t mean investors have stopped looking for potential synergies. Pantera Capital, Andreessen Horowitz, and NFX are the latest companies to bet on Sacramento-based video game developer Azra Games to crack blockchain gaming. Founded in 2022, Azura announced it has raised $42 million in a Series A funding round…
Ripple is preparing to issue a USD-denominated stablecoin, bringing together many exchange partners and customers in the digital asset industry.editorialThis content is selected, created, and edited by the Finextra editorial team based on community relevance and interest. RLUSD will launch on the XRP Ledger and Ethereum blockchains, offering support for instant payments, fiat-to-crypto conversion, and tokenization of real-world assets.Each RLUSD token is 100% backed by US dollar deposits, US Treasury securities, and cash equivalents. To ensure complete transparency, Ripple will issue monthly certificates of accumulated assets that are audited by a third party conducted by BPM.At launch, RLUSD will be…
U.S. stocks were mostly steady on Tuesday after hitting a record high as investors assessed a second wave of earnings for big Wall Street banks and oil prices fell as concerns about Israeli retaliation receded. did.The Dow Jones Industrial Average (^DJI) fell about 0.6% shortly after closing above $43,000 for the first time. The blue-chip index was dragged down by UnitedHealth Group (UNH), whose stock price fell nearly 10% after its 2025 profit outlook fell short of expectations.Meanwhile, the benchmark S&P 500 Index (^GSPC) hovered around Monday’s all-time high, and the tech-heavy Nasdaq Composite Index (^IXIC) rose about 0.1%.Before the…
Alchemy Pay has announced a new partnership with Yellow Card, a fintech company with operations in 20 African countries. According to a company release, the partnership with global fiat and cryptocurrency payment gateway and Yellow Card will make it easier for Africans to access cryptocurrencies using familiar payment methods such as bank transfers and mobile money. The purpose is to provide access. This partnership will make it easier for people in countries such as South Africa, Rwanda, and Uganda to purchase cryptocurrencies using their local currencies. Earlier this month, Alchemy Pay integrated Samsung Pay into its virtual card service, making…