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Important points: Axelar is leading the way in cross-chain interoperability, transforming the way blockchain networks communicate. The collaboration between Ripple and Accela paves the way for XRP to access decentralized finance (DeFi) through the XRPL EVM sidechain. Axelar’s decentralized validator network enhances cross-chain security and minimizes risks from centralized bridging. In a recent episode of Block Stars, Ripple CTO David Schwartz and Axelar co-founder Georgios Vlachos took a deep dive into interoperability, a key focus for advancing blockchain technology. Vlakos, who is known for helping found Algorand, talked about how he and his co-founders started Axelar to address blockchain “islands,”…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Top cryptocurrencies such as Cardano, Dogecoin, and presale star Cutushi are competing for the $1 mark. A race to the dollar is not uncommon in the cryptocurrency market. In particular, top cryptocurrencies such as Cardano (ADA), Dogecoin (DOGE), and rising pre-sale star Cuttoshi (CUTO) have strong potential to reach this price mark. Despite Cardano and Dogecoin’s prospects as established cryptocurrencies, both are still trading below the $1 price mark. Meanwhile, fast-growing pre-sale star Cutushi shows potential to reach this…
Dubai, October 23, 2024 – The 13th edition of the Blockchain Life Forum, the premier gathering of crypto leaders from around the world, recently concluded with an impressive attendance of over 12,119 participants. This forum will include executives from industry pioneers and top companies such as OKX, CoinMarketCap, Bitmain, Bybit, Binance, Animoca Brands, Circle, BingX, ICP, Kraken, TON, Sandbox, Polygon, Litecoin, Sui, BNB, and more. More than 200 prominent speakers took to the stage. Chain, Cardano, DYDX, VeChain, Osmosis, Chiliz, Algorand, Ether Fi, Manta, Mantle, Delysium, etc. The cryptocurrency company exhibition featured 125 stunningly beautiful booths. Leading companies such as…
Tokenized government bonds are becoming more popular, but they will complement rather than completely replace stablecoins in terms of liquidity and ease of use. BlackRock’s BUIDL Tokenized Treasury Fund marks the rapid adoption of RWA tokenization in institutional finance. JP Morgan highlights the increasing competition between tokenized government bonds and stablecoins, with funds such as BlackRock’s BUIDL threatening the latter’s market dominance. Currently one of the largest tokenized Treasury products, BlackRock’s BUIDL fund has shown significant gains in a short period of time, rapidly outperforming other prominent participants in the market. BlackRock’s BUIDL gains institutional attention amid the rise of…
Ethereum Advantage Below 14% Short-term net inflows suggest selling pressure, while long-term outflows suggest potential accumulation Ethereum (ETH)’s dominance in the cryptocurrency market has fallen to 13.36% from 18.85% a year ago. As noted by analyst Benjamin Cowen, this means a significant decline in ETH’s share of the overall crypto market. In fact, the aforementioned decline can be seen as a sign of sustained selling pressure. ETH in particular has struggled to maintain higher dominance levels. Historically, Ethereum has faced resistance at the 16% and 22% dominance levels and has failed to break through these barriers multiple times since 2018.…
Donald Trump’s victory in the US presidential election could be the bullish catalyst needed for markets to finally break through lingering resistance. Memes like Dogecoin and Pepe are particularly trending in 2024, while iGaming gems like Rollblock are expected to quickly emerge as the next most profitable crypto sector heading into 2025 It has been. Experts believe Rollblock is poised to rise 100x by the fourth quarter, 500x by 2025, and more than 800% in November. Here’s why analysts are bullish. Is Dogecoin planning for another 2021-style face-melting rally? Dogecoin has remained the number one meme coin throughout this cycle,…
Arkham Intelligence has added Solana’s blockchain data to its tools. Users can now track and visualize a wide range of on-chain Solana operations. The news was warmly received by the community compared to harsh criticism a year ago. Arkham’s Solana added On-chain analytics firm Arcam Intelligence recently announced that it has integrated Solana’s blockchain data into its tools. In other words, Arkham said its “full feature set” is available for Solana data. In a separate social media post, Arkham detailed some of these features. “Solana users can use Arkham to visualize and track large capital movements and wallets of profitable…
October 26, 2024 – (New York) The US federal government is reportedly investigating prominent stablecoin issuer Tether amid concerns over its possible involvement in funding illegal activities. It is being According to an exclusive report in the Wall Street Journal on October 25, both the Justice Department and the Treasury Department are investigating Tether’s operations and are investigating whether it is involved in transactions related to sanctioned individuals or entities, including Hamas and the Russian military. Tether has come under intense scrutiny due to its widespread use. dealer. The investigation, led by the U.S. Attorney’s Office for the Southern District…
US policy movements have a major impact on the virtual currency market. From Tether to the ongoing legal battle with Ripple, the US government has often regulated the cryptocurrency market. However, with two of the leading candidates for the next US presidential election expressing support for cryptocurrencies, investors can expect increased market activity post-election. Many projects are being developed in anticipation of a post-election rally, but TRON (TRX), Cardano (ADA), and Cutushi (CUTO) should be held for now as they may soar after the election. Three of the best coins. Third quarter growth positions TRON for future profits However, even…
In an interesting turn of events, Essence Finance, a stablecoin project in the Scroll ecosystem, sparked significant investor concern across the broader market on Saturday amid rag-pull speculation. The project is suspected of being a rug pull, especially since its stablecoin CHI witnessed a staggering 98% price crash. Furthermore, crypto market participants strongly expect the stablecoin project to be challenged as millions of collaterals were recently removed from the project. Scroll Ecosystem The essence of stablecoin projects Finance raises market concerns According to Geckoterminal data on October 26th, the Scroll ecosystem stablecoin CHI price crashed by 98% during the day…