Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. 2242 Total views 56 Total shares Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on […]
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more. 2278 Total views 30 Total shares The Solana (SOL) whale that was subjected to the potential takeover by a recent Solend governance vote has gotten in touch with the lending protocol and moved $25 million worth […]
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 2952 Total views 54 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating […]
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing. 506 Total views 48 Total shares Goldenstone Acquisition Ltd, a special-purpose acquisition firm (SPAC), has announced plans to go public with blockchain-based payments firm Roxe Holding Inc. As per the Wednesday announcement, the SPAC […]
Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC could see accumulation below key trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly halting its latest gains to hit lows of $19,947 […]
While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly. 2352 Total views 40 Total shares Input Output Hong Kong (IOHK), the blockchain engineering firm behind the Cardano network has released some “disappointing news”, announcing a one-month delay to the […]
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it’s better to “let these things play out.” 925 Total views 14 Total shares Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play […]
Bitcoin S2F model gained a lot of popularity during the peak of the bull run, and even though there was criticism, most of it was ignored as the price seemed to follow the chart. 5114 Total views 19 Total shares Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch […]
Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with Bitcoin […]
The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a frenzy stirred up by day traders. CEL price short squeeze CEL’s price rose from $0.67 on June 19 to $1.59 on June 21, a 180% spike compared to the crypto market’s 12.37% rise […]