The data researchers at CryptoQuant have said that the Dencun upgrade has rendered ether inflationary once again, which might lead to the loss of its characteristic as “ultra-sound” money. Since the Merge, when Ethereum switched from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, the amount of ether burned
Retik Finance (RETIK) is generating significant buzz in the cryptocurrency sphere as a potential rival to XRP, with projections suggesting a meteoric rise to $5 by December 2024, starting from a humble $0.15 in May. Let us delve deep into the fundamentals of Retik Finance, its innovative features, market potential,
Meme coins have carved out their own niche, often characterized by whimsical branding and explosive, albeit volatile, price movements in the ever-evolving landscape of cryptocurrency. Among the myriad of meme coins, Solana has emerged as a popular blockchain platform, offering fast transactions and low fees. In April 2024, a new
As optimism surged, Robinhood Markets Inc. reported higher-than-expected profits for the first quarter of 2024. The business revealed revised financial results for the first quarter in a press statement dated May 8. Robinhood reported record revenue of $618 million, a 40% rise year-on-year, and GAAP Diluted EPS of $0.18, as
Retik Finance (RETIK) emerges as a revolutionary force in the decentralized finance (DeFi) space as the crypto market braces for the anticipated bull run post-Bitcoin halving. Poised for its grand launch on May 21, 2024, Retik Finance is not just any DeFi platform; it’s a game-changer that can reshape how
The downtrends of the majority of altcoins in the market still resume. Ethereum (ETH), the largest altcoin by market cap, resumes to be under the bearish locks over the past 30 days with a 19% decline in price. ETH left the $3,500 zone behind on April 12, signaling the start
Memes have become an intriguing and frequently profitable subset of coinage. These coins have drawn the interest of investors looking for both financial gain and amusement because of their hilarious branding and vibrant communities. Of all the meme currencies, those based on the Solana blockchain have recently generated a lot
The government of Nigeria has spoken out against the bribery allegations made by cryptocurrency exchange Binance, saying that the charges are baseless and an attempt by Binance to get publicity. In response to claims made by Binance CEO Richard Teng—that some Nigerian authorities wanted $150 million in crypto to resolve
In order to test distributed ledger technology for financial settlements utilizing tokenization, Mastercard has partnered with major US banks including Citigroup, Visa, and JPMorgan. This collaboration between the payment processor and the banking titans is a test run in Regulated Settlement Network (RSN), a distributed ledger technology. Through RSN, it
Tether, the issuer of USDT, has declared intentions to expand its footprint across Eastern Europe. In order to do this, the cryptocurrency company plans to increase its investment in CitiPay.io, a platform that processes payments. It should be noted that this is not the first time Tether, the stablecoin issuer,
