Messari, a market intelligence organization, has released research indicating that the use of the Tron blockchain increased in Q1 of 2023. The total value of its native cryptocurrency, TRX, increased by over 20% quarter over quarter. In spite of the SEC’s announcement of many lawsuits targeting Tron ecosystem coins, the
The Pepe (PEPE) coin has been the top-performing cryptocurrency in the market since last month. In the last 24 hours, the PEPE token has seen a significant increase of 52.54% according to CoinMarketCap. Albeit the memecoin losing approximately 35% over the past seven days. The new memecoin experienced substantial losses
Florida Governor Ron DeSantis signed legislation prohibiting the use of Central Bank Digital Currencies (CBDCs) in the state without legislative approval. Because the federal government is considering issuing a CBDC, which, according to its detractors, would grant it unprecedented power over citizens’ financial activity, this is particularly timely. The new
On May 12, Elon Musk announced that he was going to step down from the Twitter CEO post and appointed Linda Yaccarino as the new CEO. After the announcement, some crypto users spotted that Yaccarino follows Shiba Inu’s (SHIB) Twitter account. The talks started around the crypto market about the
The newly emerged memecoin Pepe (PEPE) has witnessed a continued downfall in recent days. There is a question rising among investors about whether the world’s largest crypto exchange, Binance, listed the new memecoin too quickly. Pepe, the frog-themed memecoin, has shown a massive rise in trading price and gained huge
Elon Musk’s hunt to find a new CEO for the microblogging social media platform, Twitter, has finally come to an end. After a few months of taking over the position at Twitter, his search appears to be over. The Twitter boss announced on May 12th that he has hired a
Floki Inu becomes the first cryptocurrency to get partnered with World Table Tennis Finale. The memecoin declared this collaboration in the Twitter profile just an hour before. #Floki has formed a strategic partnership with ITTF World Table Tennis (WTT) that will introduce the Floki brand to over 500 million people
Ripple (XRP) is gaining a fresh push in the trading price after a two weeks decline. In the last 24 hours, the coin has witnessed a 1.38% surge. This may not seem huge, but the start is bringing positive momentum among XRP holders. As the week began, major cryptos like
Over the last day, an incredible $1,695,572,371 ($17,000) of SHIB has been burned to limit the circulating supply and boost its value. This action reduced the circulating supply of SHIB significantly, causing its value to skyrocket. BREAKING ‼️ Someone just burnt an astounding 1.69B ($17,000) $SHIB in one transaction. 🔥https://t.co/qyEG2xaPEm
Polygon (MATIC), the Ethereum scaling solution, has continued to witness a decline in recent days. The bearish momentum of the Polygon (MATIC) resulted in the coin reaching its lowest trading price since January 2023. On May 8th, the MATIC price witnessed a decline, which led to a breakdown from its
