Tue, September 29

GameFi Token BEAM Surges to All-Time High. Should You Buy?

As Bitcoin (BTC) approaches its two-year high and the entire altcoin market shows upward trends, the leading GameFi cryptocurrency Beam (BEAM) hits an all-time high of $0.03014, with a 25% surge in the past 24 hours from $0.024. The bullish momentum for BEAM has been building since early December 2023,

February 13, 2024 1 min read

Solana’s Latest Phone Hits 100K Presale Milestone, Raises $45M

Solana Mobile, a subsidiary of Solana Labs that makes smartphones with crypto-specific features, has achieved a significant milestone for its second device. The company has received 100,000 pre-orders for its “chapter 2” phone, which will run on the Solana blockchain. This has secured $45 million for the development and production

February 12, 2024 2 mins read

Shibarium Sees Accounts Surge 50% As Shiba Inu Eyes $0.00001

Shiba Inu’s layer-2 network Shibarium experienced a remarkable spike in active accounts, surging 50% higher in 24 hours. The data highlights a disconnect with SHIB’s token price. Still, the mounting on-chain activity spotlights Shibarium’s strengthening ecosystem. Figures from the monitoring site Shibariumscan show the tally of active Shibarium participants jumped

February 12, 2024 2 mins read

Philippines Unveils Wholesale CBDC Plans, Excludes Blockchain

Eli Remolona, governor of the Bangko Sentral ng Pilipinas (BSP), has announced that the BSP plans to launch a central bank digital currency (CBDC) for wholesale use in the coming years. In 2020, the central bank of the Philippines began investigating CBDCs. November saw the Bank for International Settlements (BIS),

February 12, 2024 1 min read

Ethereum Validator Entry Queue Surges Amid Growing Optimism

More and more Ethereum validators are considering staking their ether (ETH) on the network. An analysis of data from ValidatorQueue shows that the so-called validator entry queue has reached 7,045 entries, the highest level since October 6th. In little over 48 hours, the waitlist—representing more than 225,000 ether ($562 million)—is

February 12, 2024 1 min read

Bull Run Is Here for Immutable? As IMX Makes Two Years High

Immutable (IMX) has surged to a two-year high, hitting $3.05 amidst a flurry of bullish sentiment within the cryptocurrency market. This 11% jump signals a notable uptrend after a period of neutrality, reflecting growing investor optimism in the coin’s potential. Despite overall market downturns, IMX has defied the odds, boasting

February 12, 2024 1 min read

New Zealand Central Bank Governor Expresses Concerns Over Stablecoins

New Zealand’s central bank governor Adrian Orr has voiced serious worries about digital assets, particularly stablecoins. Furthermore, he emphasized that fiat-pegged stablecoins cannot be considered a replacement for actual fiat currency. Reserve Bank of New Zealand Governor Adrian Orr warned about stablecoins’ seeming stability, calling them “the biggest misnomers” and

February 12, 2024 1 min read

Celestia (TIA) Makes an All-Time High. Should You Buy?

In the wake of a positive market, Celestia (TIA) surged to an all-time high of $20.79 today, bolstering its market cap to a robust $3 billion. Additionally, the coin’s daily trading volume displayed an uptick of over 30% in the past 24 hours, reaching an impressive $280 million. This surge

February 9, 2024 1 min read

What is ERC-404? New Crypto Trend for 2024

The introduction of ERC-404, a novel token standard that melds the functionalities of cryptocurrencies and non-fungible tokens (NFTs), has sparked significant excitement and traction within the Ethereum ecosystem. Unlike traditional ERC standards such as ERC-20 or ERC-721, ERC-404 presents a fusion of features, promising to revolutionize the landscape of digital

February 9, 2024 2 mins read

Montenegro Court Overturns Extradition Order for Terra Co-founder Do Kwon

A court in Montenegro has approved an appeal by Terra co-founder Do Kwon to deny extradition, sending the matter back to the initial place for a new trial and eventual conclusion. In a filing dated February 8, the Montenegrin Court of Appeals overturned an earlier ruling by the Montenegro High

February 9, 2024 1 min read