The Reserve Bank of Zimbabwe (RBZ) has announced that readiness for the launch of GBDT (gold-backed digital tokens) for use in transactions is at a high point as of this month. Upon launch, the bank predicted that the gold tokens will serve as a complementary currency to the U.S. dollar.
Ethereum, the second-largest cryptocurrency by market capitalization has shown relatively neutral momentum. Currently priced at $1,850, it is yet to breach the $2,000 mark, a level achieved two weeks prior. This came after a partial win for Ripple in the SEC lawsuit, which was short-lived. Examining the past month, Ethereum
The Shiba Inu team has been hinting at the impending release of the Shibarium mainnet this week at the upcoming event. All eyes are on the Blockchain Futurist Conference and ETH hackathon in Canada. The SHIB price has been on an upward trend for the previous few days leading up
The FLOKI Community is excited over the recent update. The FlokiFi Locker has been deployed on the opBNB testnet as per the recent update by the team. By providing cheaper fees and better throughput, opBNB from BNBchain is a high-performance layer-2 solution that liberates its full potential. By making its
As Ethereum’s volatility drops low, the on-chain analytics business IntoTheBlock claims a huge decrease in ETH fees. IntoTheBlock reported this week that Ethereum transaction costs have been reduced by a substantial 21.2%. The weekly total of $34.8 million spent on Ethereum fees is the lowest it’s been in two months.
The crypto community is excited as once again Bitcoin (BTC) touched $30K. Although the price has faced a brief pullback and is now currently trading at $29,784.76 as per CoinMarketCap, at the time of writing. As soon as BTC touched the surface of $30K, the bulls and the bears in
Anticipation is building as the launch of Shibarium, a Shiba-based blockchain project, draws near. It is set to unfold in the coming week and has sparked excitement and speculation among both investors and the community. Contributing to this buzz, SHIB, the second-largest meme coin, has surged by 10.45% within a
On Monday, Kraken, a cryptocurrency exchange, began trading in MOON and BRICK tokens, the native currencies of two Reddit groups. CMC reports that the value of r/CryptoCurrency (Moon) has climbed by 42% in the last day to $0.42, while the value of r/FortNiteBR Bricks (Brick) has increased by 117% to
XDC, the native cryptocurrency of Singapore-based XinFin Network, has captured the attention of the crypto community for over a month due to its impressive bullish performance. The coin recently reached an all-time high for the year at $0.08, marking an surge of over 300% from its monthly low of $0.03.
With the advent of a new index, CoinGecko is now keeping tabs on the most prominent digital tokens that are likely viewed as securities by the United States SEC. According to market cap, BNB ranks first on the “Top Alleged Securities Coins” page, followed by Cardano (ADA), Solana (SOL), and
