A group of major players in the fintech and crypto world—Robinhood, Kraken, Galaxy Digital, and Paxos—have launched a new stablecoin, the Global Dollar (USDG), pegged to the US dollar and aimed at boosting accessibility and rewarding community engagement. [1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) —
A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting,
At the end of October, Bitcoin soared near its all-time peak of $73K and sparked a strong rally across the crypto market, particularly in the meme coin sector. Among the tokens drawing attention was Dogwifhat (WIF), but as November kicked off, the upbeat momentum began to wane. Currently, Dogwifhat’s price
Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights a striking rise in user engagement, up from just 12.7 million active addresses in January. Fueling
XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent
PENDLE, the native token of the yield-trading platform Pendle, made bullish strides with double-digit gains over the last 30 days. The token’s price climbed 37.6% to hit a 4-month high, while the protocol’s total value locked (TVL) rose by 31.5%, reaching a 1-month high Evidently, PENDLE saw its price rise
A few days ago, the CEO of Moonrock Capital took to Twitter to allege Binance of charging high fees for listing. Following this, several prominent crypto members began discussing the issue bringing to the forum varied opinions. It also raised concerns for decentralized projects and their scope within centralized exchanges
In the last 24 hours, the overall crypto market has turned bullish as depicted by the market cap showing a 0.21% increase. The leading cryptocurrency Bitcoin has shown modest price hikes after it slid to the $69K level. On the other hand, the regulatory landscape has depicted some actions as
The trading day opened with mixed signals, and the market cap reached $2.33 trillion. Bitcoin, the largest cryptocurrency, continues to trade within the $69 mark. Amid this, a whale has acquired nearly 8.02 million Neiro Ethereum tokens (NEIRO). The whale associated with the wallet address 0x944 withdrew NEIRO, worth $782.74K,
Aurelien Michel, the developer behind the controversial Mutant Ape Planet NFT collection, has been sentenced to a month of incarceration and ordered to forfeit $1.4 million in fraud-related penalties. The decision, handed down by U.S. District Judge Margo Brodie, comes as part of a case involving Michel’s alleged scheme that
