Tue, September 29

Chainlink Rises Steadily Amidst Collaborative Ventures

Chainlink, a standout in the blockchain realm, recently captured investor attention as its price made historic leaps, marking an 88% surge over the past month. Starting at $7.362 and reaching $17, the bullish movement led to excitement, but the current market reflects a 5% decline, with LINK trading at $14.

November 21, 2023 2 mins read

PEPE Gains 7% On Team Updates and Partnerships

Pepe, the enigmatic memecoin, has surged by 7% in the past twenty-four hours, accompanied by a notable 88% spike in trading volume. The catalyst for this uptick appears to stem from significant developments within the community. A recent tweet from the Pepe team announced a forthcoming transfer of 418 billion

November 20, 2023 2 mins read

Ripple Executive Advocates for CBDCs to Enhance Financial Inclusion

In a recent video, Ripple’s vice president of central bank engagements and CBDCs, James Wallis, discussed the importance of CBDCs in expanding access to financial services throughout the world. Wallis explains that the goal of financial integration is to make banking services available to all people, particularly those who are

November 19, 2023 2 mins read

Shiba Inu Burn Rate Spikes But Price Remains Stagnant

The cryptocurrency ecosystem around the popular meme token Shiba Inu (SHIB) has seen an uptick in the rate of tokens being burned or permanently removed from circulation. However, this increase has not corresponded with any major price movement for the SHIB token itself within the past day. Burning tokens is

November 19, 2023 2 mins read

Worldcoin (WLD) Surges 20% on Sam Altman’s Reinstatement Demands

There has been a massive uproar and intense discussion among the board members after the whole ordeal that happened this past Friday with the departure of OpenAI co-founder Sam Altman. According to reports, OpenAI’s top investors have been pushing to have Sam Altman reinstated as the company’s chief executive officer.

November 19, 2023 2 mins read

Yearn.Finance Governance Token YFI Witnesses Massive Nosedive

A suspected exit fraud has investors of the Yearn.Finance governance token YFI on edge. There was a decline of nearly $300 million in market capitalization, according to statistics from CoinMarketCap, as the price of YFI plummeted dramatically. The YFI token dropped from $15,570 to $8,654 within a short duration. The

November 19, 2023 2 mins read

Sam Altman’s Exit Triggers 13% Drop in Worldcoin (WLD) Token

As per data from CoinMarketCap the price of the WLD token, which is tied to the Worldcoin project, fell by 13% after the news of co-founder Sam Altman’s resignation from OpenAI was made public. After an evaluation, the OpenAI board decided to remove Altman as CEO due to insufficient openness

November 18, 2023 2 mins read

Mastercard’s Blockchain and Digital Asset Head Deems CBDCs Unnecessary

The head of Mastercard’s blockchain and digital assets for the APAC region told CNBC that CBDCs are unnecessary since consumers are already comfortable with fiat currency. Ashok Venkateshwaran, speaking on the fringes of the Singapore FinTech festival on Wednesday, said that adoption is the most challenging aspect of the industry.

November 17, 2023 2 mins read

Dogecoin (DOGE) Climbed Over 10% What’s Driving the Unexpected Surge?

While prominent cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) are trading in the red, Dogecoin (DOGE) has displayed a significant surge of more than 10% in its price, propelled by renewed interest and heightened activity on its network. The reason behind this unexpected spike appears to be speculation about

November 17, 2023 2 mins read

Bank of International Settlements (BIS) Flags Concerns Over Stablecoins

A new research report from the Bank of International Settlements (BIS) details the institution’s growing worries about the stability of stablecoins. BIS expressed serious doubts regarding their dependability as both an investment and a medium of exchange in their study report. The research analyzes 68 stablecoins and finds that none

November 17, 2023 2 mins read