The stablecoin USD Coin (USDC), issued by Circle, has emerged as one of the top performers in the entire cryptocurrency industry. The stablecoin has demonstrated a very strong performance after declining to a very low level. The performance of the stablecoin has been better than the rest of the cryptocurrencies among the top-10 crypto by…
There have been issues revolving around the conditions of the technological bank – Silicon Valley Bank. The bank provides services to cryptocurrency platforms, for example, a16z and Sequoia. People have been scared and frustrated about yet another bank in the US after recent news about SVB. Apparently, Silicon Valley Bank revealed a huge amount of…
Polygon (MATIC) Polygon’s (MATIC) trading price recorded a major dip on Thursday, as its value hit the lowest point that it had not come close to since January. The downtrend was recorded as the sentiments of the investors were not high at all. They were not confident about the movement of MATIC in the future,…
The regulatory authorities from the United States have continued pressurizing the crypto industry ever since its inception. However, their aggression has gone off the charts since the start of 2023. The regulatory authorities have started to launch scrutiny against the major crypto firms and the way they operate. They have kept scrutinizing the crypto firms…
After encountering strong resistance and being rejected by it, Ethereum’s price motion has been somewhat tumultuous in the past few weeks. In the case that the market experiences a less minor but still considerable drop in price. There are several different tiers that could provide support for the overall structure. This prevents the price from…
The most up-to-date prediction suggests that Bitcoin acceptance rates among businesses will increase by 50% in the next 3 years. This conclusion was arrived at after the RFP Council carried conducted an investigation and analyzed the results of that investigation. Three hundred of the most influential people in the payment sector from 45 different countries…
Recently, the annual high rate of deflation of the Ether supply was attained. The devaluation rate has surged beyond 17% again, a rare phenomenon since May last year. As the deflation rate rises, ETH tokens become increasingly rare. In the long run, this is expected to increase demand for and thus the value of the…
On the third of March, Uniswap Labs made an exciting announcement regarding the early release of their latest application. This app is designed to offer a decentralized exchange experience and is expected to revolutionize how individuals engage with crypto. However, there is a slight hitch in the release process. Uniswap Labs shared that the application’s…
Nubank, a leading neobank in Brazil backed by Warren Buffett, made headlines a couple of years ago when it became the first bank in the country to offer crypto trading options on its platform. Now, the company has taken the next big step in its crypto journey with the launch of Nucoin. This new cryptocurrency…
The Central Bank of Russia has recently raised concerns over the potential impact of legalizing cryptocurrencies on the country’s financial system. In a statement to a popular media outlet, the Director of Financial Stability at the bank cautioned that the introduction of crypto into the financial system could pose certain fundamental risks. The Ministry of…
Recent events have drawn attention to Shytoshi Kusama, the creator of the Shiba Inu (SHIB) breed of dog. The reason for this is because of the capabilities of the Plugin SDK. The Unity Asset Store now has it available for purchase and download. This capacity is now available. A capability has been brought to people’s…
Bitcoin has been in a rut after a string of dismal days on Wall Street. An important barrier needs to be broken soon. As a direct result of this, the price of bitcoin is currently suffering a pullback. Is this just a little correction in the near term, or does it signal the beginning of…
Over the course of the preceding several months, the price of Ethereum has made significant progress toward reaching new highs. Despite this, it is presently encountering a great deal of difficulty in overcoming a significant resistance level. Despite this, there are several different degrees of help available. If the current trend were to reverse, it…
Although daily SHIB usage has been declining over the previous week, it is still significantly high. Shiba Inu meme tokens continue to be burned at a rate that could be considered hazardous. The value was determined by the very first measurement taken on Thursday morning. It appears that the SHIB burn rate is approximately twenty…