Wed, October 7

Investors Await US Employment Data Amid Fed Rate Cuts Speculation

There have been increasing demands for Bitcoin prices below $50,000. As the market continues to see selling pressure on the cryptocurrency. Nevertheless, Bitcoin whales persist in amassing BTC with each price decline. The whales seem to be feeling confident in the days leading up to Friday’s publication of US employment

September 6, 2024 1 min read

SunPump Powers TRON Activity But Fights to Keep Pace

For much of 2024, nearly 98% of activity on the TRON network was attributed to stablecoins. However, since the release of Sun.pump on August 9, this has shifted dramatically. Sun.pump, a TRON-based platform allowing users to create community-centric memecoins, has triggered a surge in non-stablecoin activity. According to Crypto Quant,

September 6, 2024 2 mins read

Ethereum Cofounder Vitalik Buterin Redirects Focus Away from L2 Tokens 

Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have gained popularity. They offer much-needed scalability for Ethereum by processing transactions off-chain. However, Buterin’s recent announcement suggests he believes the market is overly focused

September 6, 2024 2 mins read

What Does a 70x Profit MKR Sell Off Mean for Its Future ?

A long-term MakerDAO holder has drawn attention after selling 251.5 MKR tokens, netting $408,000 worth of Ethereum. The transaction, executed seven hours ago at $1,624 per token, yielded a return of nearly 70 times the initial investment. They acquired 451.5 MKR tokens in 2017 at around $23 per token. 🚨

September 6, 2024 2 mins read

Ethereum Underperforms Bitcoin by Whopping 44% Since The Merge

Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will

September 5, 2024 1 min read

Travala.com Integrates with Skyscanner, Expanding Crypto-Powered Travel Options

Travala.com, a crypto-native travel platform, has announced an integration with the major global travel marketplace Skyscanner. The whole inventory of 2,200,000+ hotels from Travala.com, all of which can be booked using more than 100 cryptocurrencies, is now fully discoverable on Skyscanner’s platforms. As the first cryptocurrency-native platform to be linked with Skyscanner,

September 5, 2024 2 mins read

Nigeria’s Interest Rates Under Pressure After Fuel Price Surge

The recent hike in the petroleum price by 45% might continue to put pressure on the Central Bank of Nigeria to pause the interest rate hike meeting scheduled this month.   The central bank has raised its interest rate by 15.25 percent since 2022, taking it to a record of 26.75%

September 5, 2024 2 mins read

dWallet Network Rebrands to Pera, Revolutionizing Zero Trust Protocols in Web3

dWallet Network rebranded to Pera yesterday. The project’s growth and emphasis on expediting developer access to Zero Trust Protocols (ZTPs) are reflected in the new name. The platform’s primary purpose of securely maintaining digital assets across many networks is still unaltered, and the dWallet primitive continues to be the fundamental building

September 5, 2024 1 min read

Mastercard Launches Euro Crypto Debit Card with Mercuryo

Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card.  This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give

September 5, 2024 2 mins read

Tools for Humanity CEO Reveals New Updates on Worldcoin Expansion

In a group interview held during Wednesday’s Korea Blockchain Week (KBW) 2024 event in Seoul, Tools for Humanity CEO Alex Blania said that the present goal of Worldcoin is the broad distribution of iris-scanning “Orbs” in order to grow the project and make it more useful. Co-founded by Blania and

September 5, 2024 2 mins read