Baby Doge, inspired by Dogecoin, sees a 5% surge surpassing Dogecoin and Shiba Inu, propelled by a $5 million token burn and Elon Musk’s influence. Key Takeaways: In a surprising turn of events, Baby Doge, a cryptocurrency originally inspired by the renowned meme cryptocurrency Dogecoin, has witnessed a notable 5% surge within the past 24…
Cardano sees a surge in developer projects, reaching 1,287, signaling a growing ecosystem. IOHK’s ongoing improvements and market projections hint at bullish momentum for ADA. Key Takeaways: Cardano is emerging as a popular blockchain platform with a mounting interest from developers. Recent data reveals that a whopping 1,287 projects are now being developed on Cardano,…
Crypto analyst Nicholas Merten warns of significant potential sell-offs in XRP ($XRP), Cardano ($ADA), and Binance Coin ($BNB) due to liquidity concerns. Key Takeaways: Respected crypto strategist, Nicholas Merten, who runs the widely followed DataDash YouTube channel, has voiced serious reservations about the future price paths for specific altcoins, including $XRP, Cardano ($ADA), and Binance…
HSBC partners with FCF Pay, enabling customers to pay mortgages and loans with cryptocurrencies like SHIB and XRP, signifying growing crypto adoption. Key Points Blockchain payment system, FCF Pay, has announced a groundbreaking partnership enabling customers of HSBC, one of the largest global banking and financial service firms, to pay their mortgages and loans using…
Binance’s terminated partnership with Paxos leads to the launch of stablecoin FDUSD, and Binance plans to collaborate with other stablecoin projects. Key Points The Chief Executive Officer of Binance, Changpeng Zhao (CZ), recently revealed that the terminated partnership with Paxos has led to the introduction of the stablecoin FDUSD. In 2019, Binance and Paxos collaborated…
The meme cryptocurrency BALD experiences an 87% price drop amid suspicions of a liquidity drain and alleged involvement of prominent crypto figures. Key Points BALD, the meme cryptocurrency, has experienced a significant drop of over 87% in the past 24 hours, causing its value to plummet to around $0.00616 during the early European market on…
Shiba Inu’s burn rate soared by 1900%, and the Shibarium testnet surpassed 25 million transactions, generating excitement and anticipation for its mainnet release. Key Points Shiba Inu, the renowned meme-based cryptocurrency, witnessed an incredible surge in burn rate, skyrocketing by 1900% within a span of 24 hours. This surge came shortly after the Shibarium testnet,…
Ripple, the blockchain payments firm, has just announced that it has received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore Key Points In a much-needed boost for the cryptocurrency industry, Ripple, a blockchain company, announced on Thursday that it has been granted in-principle regulatory approval to operate in Singapore….
The social media platform Twitter has taken action against the AI-driven bot known as “Explain This Bob,” which had links to the widely circulated meme cryptocurrency BOB, by suspending its account. Key Point Elon Musk, the mastermind behind Tesla and SpaceX, recently took to Twitter to air his grievances about a meme coin AI bot…
Ripple, the fintech company with its base in San Francisco, has just locked around 900 million units of XRP in an escrow account. This move comes after the release of 1 billion XRP in under 24 hours. The timing of this development aligns with notable progress in XRP’s value and an increasing positive sentiment within…
