Search Results for: inflation

Littio Expands Dollar-Based Savings with OpenTrade Via Avalanche for LatAm users

Littio, a Colombian Neobank focusing on tackling the currency depreciation issue for Latin Americans via different dollar-based product offerings, has begun leveraging OpenTrade’s real-world asset (RWA)-backed yield vaults, or “Yield Pots,” via the Avalanche blockchain network. Littio provides clients with yield-bearing savings pots via OpenTrade, with returns guaranteed by US

October 10, 2024 3 mins read

Truflation Launches RWA AI Index to Track Generative AI Sector’s Growth

With a focus on tracking AI firm performance and the Real World Assets (RWAs) powering generative AI, Truflation, a leading provider of real-time financial data, is thrilled to announce the debut of the AI Index. The launch coincides with a critical juncture in the $44.89 billion worldwide generative AI industry (Statista).

October 8, 2024 3 mins read

Bitcoin Surges 2.5% as Crypto Market Reacts to Fed Meeting Expectations

The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well

October 7, 2024 2 mins read

Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin

On its 10th anniversary, stablecoin issuer Tether announced that a documentary on USDT and its role in combating inflation would be released. Interviews with Tether users who have used the stablecoin to fight inflation were included in the trailer. High inflation rates were shown in the trailer via conversations with

October 6, 2024 2 mins read

Truflation Partners with Sphinx to Power Perpetuals for RWAs with Real-Time Data

Truflation, the prominent reference point for real-world assets (RWA) indices, has partnered with Sphinx, one of the leading derivatives trading platforms. Through this partnership, consumers will benefit more from the combination of Truflation’s real-time inflation data and Sphinx’s blockchain-based commodities trading platform. This alliance aims to leverage the increasing demand for

October 4, 2024 1 min read

UK Launches Digital Securities Sandbox to Explore DLT Applications

In order to investigate potential applications of digital ledger technology (DLT) in the notary, maintenance, and settlement processes of financial securities, the UK’s financial regulator and the Bank of England (BoE), has established a sandbox. The Digital Securities Sandbox (DSS) was launched on September 30 by the Bank of England

October 1, 2024 2 mins read

Make Your Money Work for You: BlockDAG, Helium, & Ethereum Among The Best Cryptos for October

Looking for Passive Income Crypto? Experts Are Big on BlockDAG TG Tap Miner, Hamster Kombat & OMERTA

As the crypto and gaming industries evolve, BlockDAG, Bitrue’s Hamster Kombat, and OMERTA are capturing the spotlight with innovative approaches to blockchain technology. BlockDAG is making waves with its TG Tap Miner, an exciting game within Telegram that rewards players with BDAG coins, creating a seamless connection between gaming and

October 1, 2024 4 mins read

Make Your Money Work for You: BlockDAG, Helium, & Ethereum Among The Best Cryptos for October

As the saying goes, “Money makes money,” and with BlockDAG, Helium, and Ethereum, that couldn’t be more true. BlockDAG’s TG Tap Miner gives users a chance to turn leisure into potential profits, offering a game where every tap can accumulate points, eventually converting into BDAG coins. With power-ups and friend

September 30, 2024 4 mins read

Alchemy Pay Secures Four New US State Licenses to Boost Reach Out

Crypto Market Awaits Key US Jobs Report for Market Direction

With US job statistics due out soon, the crypto market is bracing for a pivotal week. Especially in light of last week’s weaker US PCE inflation statistics, this data would be useful for investors in gauging fourth-quarter market patterns. With anticipation building for a possible “Uptober” surge, traders will also

September 29, 2024 2 mins read

BlockDAG Unleashes a Huge 50% Bonus for a Limited Time After Testnet Launch — Stellar’s Price Falls & Uniswap Prepares For Hike

Crypto enthusiasts are always on the lookout for the best deals in a market that’s always in flux. Stellar’s (XLM) recent 16% price drop over the past year underscores the tough competition in the crypto world and the need for continuous innovation. On a brighter note, Uniswap has been enjoying

September 28, 2024 4 mins read