Tue, September 29

Circle’s USDC Surpasses Tether’s USDT in Monthly Transactions

Interestingly, USD Coin (USDC) from Circle has surpassed the biggest stablecoin in the world Tether (USDT), in terms of stablecoin transactions. In April 2024, the number of USDC transactions surpassed USDT’s monthly total, at 166.6 million, according to on-chain analytics provided by payments behemoth Visa. Since the year 2023 came

April 30, 2024 1 min read

USDT Issuer Tether Invests $200 Million in Blackrock Neurotech

The USDT stablecoin issuer Tether has now made a strategic investment in Neuralink competitor Blackrock Neurotech in an effort to advance brain-computer interface (BCI) technology. Neuralink is Elon Musk’s neural implant company. Today, April 29, the stablecoin business made a formal announcement that brought attention to the $200 million investment

April 29, 2024 2 mins read

Solana-based DePIN Token Helium (HNT) Pumps 44%

Decentralized Physical Infrastructure (DePIN) is generating buzz in the crypto community as the next revolutionary narrative in the realm. Among the projects leading this paradigm shift is Helium, a Solana-based decentralized wireless network builder. Over the past 24 hours, the protocol’s native token, HNT, has claimed a spot as one

April 29, 2024 2 mins read

Wormhole’s W Token Jumps 7% Amidst Crypto Market Decline

In defiance of the broader downturn in the crypto market, Wormhole’s native token (W) has surged by 7% within the last 24 hours, reaching $0.6346. This spike has propelled Wormhole’s market cap to $1.14 billion, securing its position at 73rd place in the cryptocurrency rankings. Additionally, the trading volume for

April 29, 2024 1 min read

Solana’s New Memecoin COOLCoin Dump Raises Concerns

Solana, hailed as the top blockchain of 2024, is facing both accolades and scrutiny as it grapples with significant highs and alarming lows. Despite impressive wins, the ecosystem gets stuck with challenges and recurrent scrutiny, drawing praise and criticism alike. Additionally, with Solana’s remarkable trading volume exceeding $2 billion in

April 29, 2024 2 mins read

Solana Co-Founder Takes Swipe at Vitalik Buterin Defending Meme Coins

The co-founder of Solana, Raj Gokal, has lately spoken out strongly against the doubts many have about meme coins. While supporting meme currency initiatives, he also subtly attacked Vitalik Buterin, Ethereum’s co-founder. To further emphasize his point of view, he included a photo of Buterin with the message. Despite the

April 27, 2024 2 mins read

Solana’s (SOL) Price Dips Amidst Exchange Transfer: What’s Next?

Today, the cryptocurrency market witnessed a mixed performance with a negative bias, particularly impacting Solana (SOL), a token known for its remarkable transaction speeds and scalability. Despite its advantageous features, Solana experienced a challenging period, reflected in a 5% decrease in its price over the past day and a 27%

April 27, 2024 2 mins read

Altcoins Face Headwinds Amid Bitcoin’s Stability Concerns

The latest update from the cryptocurrency market shows a slight uptick in global crypto activity, albeit with some notable declines. The overall market capitalization dipped by 1.79%, to $2.33 trillion, and a 19.83% decrease in total trading volume, now at $63.56 billion. Bitcoin is facing challenges in maintaining support levels

April 27, 2024 1 min read

BONK Price Climbs Over 4100%, Is It the Right Time to Buy?

Amid the ongoing frenzy surrounding meme coins, Bonk (BONK) has emerged as a notable contender, experiencing a surge in value following a recent downturn in the market. This spike in price coincides with the conclusion of the fourth Bitcoin halving, adding to the excitement among cryptocurrency enthusiasts. Recently, Revolut, a

April 27, 2024 1 min read

Is the Polygon Ecosystem Distinctly Bullish or Bearish?

The Polygon ecosystem has achieved an all-time high (ATH) of 8.8 million in monthly active users (MAU) amid two significant announcements related to Franklin Templeton’s tokenized shares and Stripe’s stablecoin-led crypto payments. Over the past 3 months, active addresses across a few sub-sectors within the Polygon ecosystem displayed bullish rallies.

April 26, 2024 1 min read