Wed, February 12

Credit Rating Firm Moody’s Developing Stablecoins Scoring System

Bloomberg claimed on January 26 citing anonymous sources that Moody’s was working on a scoring system for stablecoins. That would include assessments for up to 20 digital assets. Moody’s is a credit rating agency that publishes evaluations of credit risk. In the form of ratings for publicly listed firms. The

January 27, 2023 2 mins read

Aptos (APT) Hits New All-Time High

The global crypto market has soared. As the layer1 proof-of-stake (PoS) cryptocurrency, Aptos ($APT) continues to benefit from the recent rally. According to CoinGecko, $APT hit a new all-time high (ATH) of $19.92 on 26th January with notable price surges.   Despite the challenges that appeared by the bearish in the

January 27, 2023 2 mins read

Whale Transfers Over $117 Million Worth Dogecoin to Binance

As the cryptocurrency market began to rebound in January, Dogecoin also saw a 30% increase in value. The price of DOGE has dropped somewhat over the last two days due to a general market selloff but gained little momentum today. Also, owing to traders’ lack of interest, whales have been

January 26, 2023 1 min read

Circle Criticizes SEC Over Approval Leading to Fallout of SPAC Deal

USDC stablecoin issuer Circle claims the SEC’s inactivity caused it to be unable to go public. Via a $9 billion SPAC merger last year. In the wake of the FTX cryptocurrency exchange’s collapse last month. A planned merger between Circle and Concord Acquisition, a special-purpose acquisition firm established by former

January 25, 2023 1 min read

Saudi Arabia Forays Into CBDC Exploration Through Saudi Central Bank

The CBDC Experiment was announced by the Central Bank of Saudi Arabia in a press statement published today. The central bank plans to continue its experiments with a possible CBDC deployment, according to the statement. The statement reaffirms the country’s commitment to explore the CBDC from a wholesale perspective. In

January 25, 2023 1 min read

China Blames America for Crippling Other Nations

China blames the United States for crippling other nations with their debt. With a soaring $31.5 trillion debt – the new all-time high statutory debt ceiling, the United States is at the epicenter of accusations. One among those is China’s blast off against the US for “sabotaging” other nations’ measures.

January 24, 2023 1 min read

Ethereum Shanghai Mainnet Shadow Fork Completes Successfully

The world’s biggest smart contract network, Ethereum, is getting a little bit closer to release the $26 billion worth (and growing) of ETH staked by its users. The first mainnet shadow fork to verify the preparedness of ETH staking withdrawal capacity went live on Monday. As stated by Ethereum’s core

January 24, 2023 1 min read

User Purchases 850 Billion Shiba Inu (SHIB) Worth $9.2M

In anticipation of the release of the beta version of the Layer 2 protocol for Shiba Inu, some members of the SHIB army have opted to stock up on SHIB. Ali Needazar, a Twitter user, posted a screenshot of a Shiba Inu purchase. A tweet claims that a user paid

January 23, 2023 1 min read

Whales Amass Over 500 Million Dogecoin (DOGE) in Last 2 Days

This weekend, the biggest Dogecoin whale traded almost 165 million DOGE coins. As market sentiment improved after zero-fee trading platform Robinhood announced support for Dogecoin in its newly launched wallet, many “whales” bought up massive quantities of DOGE coins.  Whale Alert claims that over 500 million Dogecoin have been snatched

January 23, 2023 1 min read

Shiba Inu Becomes the Favorite Crypto for Starting Investment

According to Nansen, a giant in On-chain data and market analysis, Bitcoin (BTC) and Ethereum (ETH) are no longer the only top choices of the new investors. This is evident after their new feature “Fresh Wallets” dashboard encompassed latterly generated wallets that usually had high-volume transactions.  The much anticipated Shiba

January 23, 2023 2 mins read