Search Results for: Digital dollar

BlockDAG’s 1400% Rise with Alex Pereira Tie Up Shakes Up the Market as DAI & Cronos (CRO) Price Forecasts Show Mixed Signals

The quest for the next major digital asset heats up as the cryptocurrency market rebounds from recent declines. The price prediction for Cronos (CRO) indicates potential upward movement, while the forecast for DAI underscores stability issues amid market volatility. Conversely, BlockDAG is drawing significant attention, especially with UFC champion Alex

July 27, 2024 3 mins read

Economist PPeter Schiff Criticizes US Inflation, Blames Trump-Era Policieseter Schiff Criticizes Michael Saylor's Bitcoin Advocacy

Economist Peter Schiff Criticizes Michael Saylor’s Bitcoin Advocacy

Renowned economist Peter Schiff severely criticized Michael Saylor, founder of MicroStrategy, for what Schiff called the “Bitcoin pyramid scheme.” After Saylor’s address at the Nashville Bitcoin Conference 2024, this back-and-forth took place. Saylor compared Bitcoin to “cyber Manhattan” and said that the US currency should be backed by the digital

July 26, 2024 2 mins read

What are Stablecoins? Top Stablecoins to Watch in H2 2024

In H1 2024, the stablecoin sector witnessed 24.3% growth in market cap according to CMC data. It also dominated the DeFi sector and is stated to be a fast emerging digital asset. Popular stablecoins such as USDT and USDC showed substantial growth in users apart from increases in market cap.

July 24, 2024 6 mins read

Must-Watch Top Crypto Gainers During Market Dip

The global crypto market displayed a slight dip today. Despite the U.S. SEC’s final approval for Spot Ether exchange-traded funds to commence trading on July 23, the anticipated market boost did not materialize during the Asian trading hours. Instead, Bitcoin (BTC) saw a 1.84% decline, while Ethereum (ETH) dropped by

July 23, 2024 3 mins read

Hopping Over Rivals: MOONHOP’s $1M Triumph Against Brett And Bitcoin’s Vibes

The digital marketplace is in constant flux, intensifying each moment! Brett’s forecast is grim, with persistent bearish trends. In contrast, Bitcoin Rune’s market valuation has recovered, reaching $500 million. MOONHOP stands out as the top long-term meme coin, excelling in price performance, community engagement, and stringent security measures. This adorable

July 22, 2024 3 mins read

Circle Eyes IPO Launch in 2025 with Plans to Relocate Headquarters

Circle Launches Euro-Backed Stablecoin EURC on Base Network

The USDC stablecoin issuer Circle, has announced launch of EURC, its first euro-backed stablecoin, on Base, a layer 2 blockchain. Developers are being incentivized to create a digital currency backed by the euro in an attempt to facilitate quicker and cheaper transactions for people all around the world. It is

July 9, 2024 2 mins read

BlackRock’s BUIDL Fund Hits $500M in Market Value

BlackRock’s BUIDL token, created in partnership with Securitize and backed by U.S. Treasuries, has exceeded a market value of $500 million. Ethereum blockchain data from Etherscan confirmed the milestone on Monday. BUIDL token was introduced in mid-March and rapidly accumulated $502.8 million in tokenized treasuries within four months. This significant

July 9, 2024 2 mins read

Gate.io Enlists Elliptic For Comprehensive Crypto Compliance

Gate.io, a top cryptocurrency exchange and Web3 innovator, today announced it has enlisted Elliptic, the leading provider of blockchain analytics and investigative solutions, to strengthen its compliance program. Through this collaboration, Gate.io is integrating Elliptic’s comprehensive suite of blockchain monitoring solutions to fortify its network of compliance providers, demonstrating the

July 2, 2024 3 mins read

Bahamas Sets Two-Year Deadline for CBDC Integration in Banks

The Bahamian government has established a two-year deadline to incorporate the “Sand Dollar,” the country’s central bank digital currency (CBDC), into the activities of commercial banks in an effort to increase its acceptance. All commercial banks must allow their customers access to the CBDC, and Governor John Rolle of the

July 2, 2024 2 mins read

Tether Mints $1B USDT on Tron, Hits $33B in Yearly Issuance

Tether Enables USDT Payments for Philippines Social Security System

Tether, the world’s largest stablecoin issuer, has launched a new payment option for Filipino citizens. Through a partnership with Web3 firm Uquid, Tether now enables citizens in the Philippines to settle their Social Security System (SSS) contributions using USDT, a stablecoin pegged to the US dollar, on The Open Network

July 1, 2024 1 min read