Wed, September 25

Fed’s Interest Rate Update Might Trigger Bitcoin (BTC) Rally

The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) is set to announce its stance on interest rates this Wednesday. Analysts widely predict that the FOMC will maintain the target range for the federal funds rate at a historic 5.25%–5.5%, marking a 22-year high. Fed Chair Jerome Powell also recently

September 20, 2023 2 mins read

Whales Bail On Stablecoins. Is It Good?

Whales, the influential players in the cryptocurrency market, are sending signals that could impact the current market trajectory. Crypto analytics firm Santiment has noted a significant trend– Whales are steadily reducing their holdings of stablecoins, which have hit a six-month low. This development is considered to have significant implications, as

September 20, 2023 2 mins read

TokenCoin: Pioneering Transparency and Reliability in Cloud Mining

Over the last several years, cloud mining has made it possible for crypto enthusiasts around the world with no access to mining gear, computation power, and even technical skills to earn passive income, offering its own unique value proposition and enticing profits. However, there has been a surge in scams

September 19, 2023 3 mins read

Swift Takes Strides in CBDC Interoperability

Swift, a global member-owned cooperative renowned for its secure financial messaging services, is making significant strides in its quest for Central Bank Digital Currency (CBDC) interoperability. In a notable development, Swift revealed on September 13 that three central banks are currently beta-testing its innovative CBDC connector solution. Simultaneously, 30 financial

September 14, 2023 2 mins read

Crypto Market Reacts Positively on U.S Inflation Rising by 3.7%

U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose

September 14, 2023 1 min read

India Dominates Crypto Adoption: Chainalysis

Blockchain analysis platform Chainalysis unveiled its Global Crypto Adoption Index for 2023, revealing that India has surged to the top spot in terms of cryptocurrency adoption despite grappling with a challenging regulatory and tax environment. This marks a two-spot rise from its position in the previous year’s rankings. The report

September 13, 2023 3 mins read

Tencent Cloud Launches Blockchain RPC with Ankr for Web3

Tencent Cloud, the global tech giant’s cloud arm, has made a significant stride into the Web3 space with the launch of Tencent Cloud Blockchain RPC. Developed in collaboration with blockchain service provider Ankr, this offering is set to redefine Web3 infrastructure and support Web3 developers in their quest for reliability

September 13, 2023 2 mins read

Trust Wallet’s Security Scanner Foils $10.4M Scam Attempts, Protecting Users

Recent news revolving around the Trust Wallet reveals the crypto wallet’s robust security scanner has successfully prevented users from falling victim to scams, protecting funds worth $10.4 million in the past 30 days. This commendable feat not only ensures the financial safety of users but also eliminates the distress that

September 12, 2023 2 mins read