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Circle Eyes IPO Launch in 2025 with Plans to Relocate Headquarters

In 2025, Circle, an issuer of stablecoins, intends to relocate its headquarters to Wall Street, as stated by CEO and founder Jeremy Allaire. The company is also proceeding with its initial public offering (IPO). In January, Circle submitted an initial public offering (IPO) application to the US Securities and Exchange

September 21, 2024 1 min read

Bank of Canada Slows Down Retail CBDC Development Amid Focus Shift

Updates on the Bank of Canada’s (BOC) website indicate that the central bank is halting development of CBDC for retail use. Although a wholesale CBDC was not mentioned in the statement, it was stressed that research was ongoing. Since the Bank of Canada has already spent a lot of time

September 21, 2024 2 mins read

El Salvador  President Engages with Elon Musk on AI and Technology

El Salvador has firmly established itself within the cryptocurrency community, notably becoming the first country to adopt Bitcoin as legal tender. The nation has surpassed 5,800 Bitcoin in daily Bitcoin accumulation, reportedly generating over $31 million in profit. This pioneering approach reflects the country’s commitment to integrating cryptocurrency into its

September 21, 2024 2 mins read

Bitgert vs. Cardano vs. BNB Coin: Price Movements Point To a Bullish 2024

The year 2024 has been a good time for cryptocurrencies. Bitgert, Cardano, and BNB Coin are notable ones that took the interest of investors. These three cryptocurrencies have had significant swings in their price trends and fundamentals.  This article will discuss what makes Bitgert, Cardano and Bnb coin different from

September 21, 2024 3 mins read

Can SEI Sustain Its Rally After Breaking a 27-Day High?

The cryptocurrency market has been highly volatile since the start of the month, with Bitcoin hitting a 25-day high yesterday, sparking a brief surge. However, today the overall market has dipped, with total market capitalisation down 0.39% and trading volume dropping by 28%. Despite the red across most altcoins, one

September 21, 2024 2 mins read

BingX Restores Withdrawals for Major Stolen Assets

BingX, a prominent Singapore-based cryptocurrency exchange, has resumed withdrawal services for digital assets following a hack that resulted in $52 million in losses. Reportedly, the estimated initial loss of the security breach was $43 million. In an official X post on September 20, Chief Product Officer of BingX, Vivien Lin,

September 21, 2024 1 min read

Rexas Finance (RXS) Sparks Market Rally By Outshining Ripple and Toncoin

The volatility and quick success of new tokens cannot be dismissed in any way in the cryptocurrency market, and as the adoption increases, new mainstream players like Rexas Finance (RXS) are mounting serious competition towards well-established projects such as Ripple (XRP) and Toncoin (TON). Having already occupied a sizable portion

September 21, 2024 5 mins read

Shiba Inu Faces Uncertainty as Shibarium Gas Fees Surge

Shiba Inu [SHIB] faces a critical juncture as gas fees on its layer 2 network, Shibarium, skyrocket by 2,024%. This surge poses significant challenges for SHIB’s deflationary model and its long-term value. Despite the gas fee concerns, SHIB’s price has recorded consecutive gains, rising by over 5% in the past

September 21, 2024 2 mins read