Polkadot, a leading web3 interoperability blockchain, is gearing up for the anticipated launch of USDC in September. The multi-chain expansion by Circle will introduce USDC to five additional ecosystems, expanding its availability from nine to fifteen platforms. USDC’s Impending Launch:…
Category: Ethereum News
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Bitcoin’s Trading Range Conundrum: All Eyes on Jerome Powell’s Address
Bitcoin’s price remains confined to a narrow trading margin, awaiting potential insights from Jerome Powell’s Jackson Hole speech. Amidst the caution, Bitcoin’s daily RSI suggests a possible uptrend, but Jerome Powell’s address holds significant sway over the next direction. Bitcoin’s…
Crypto Titans Clash: Hoskinson Addresses Cardano and Ethereum Comparisons
Amid growing comparisons between Ethereum and Cardano, Charles Hoskinson ardently defends Cardano’s innovative strides, emphasizing the efficacy of their Hydra layer-two solution. While Ethereum leads in transaction volume, Cardano remains unwavering, with ADA whale accumulation showcasing steady faith in its…
Unveiling Ripple’s Rich List: The Giants of XRP Holdings Worldwide
Ripple founders, including Chris Larsen and Brad Garlinghouse, along with centralized exchanges, are the dominant XRP holders. Ripple’s own address contains nearly 2 billion XRP, making it the top wallet in the XRP rich list. Diving into the XRP Rich…
Record-Breaking Inflow of Bitcoin ETPs in Europe – Could This Propel BTC Price to $30,000? A Report
BlackRock’s move to launch a Bitcoin fund led to a significant capital inflow into European cryptocurrency-related ETPs, with June witnessing a peak since March 2022. Following BlackRock’s lead, financial giants such as Fidelity, Invesco, and WisdomTree have been inspired to…
BRICS to Challenge US Dollar Hegemony: XRP or Bitcoin Poised for Trillion Dollar Role?
The New Development Bank (NDB) of BRICS aims to issue its premier Indian Rupee Bond in October. BRICS nations are progressively pivoting towards de-dollarization, with the Indian Rupee transaction with UAE serving as a recent example. BRICS’ Strategic Play in…
Crypto Analyst Benjamin Cowen Unveils Ethereum’s Long-Term Price Trend
Benjamin Cowen predicts Ethereum (ETH) might plummet to between $400 and $600 before any upward trajectory. Cowen employs a fair-value logarithmic regression trendline, which he terms as “home”, to ascertain Ethereum’s potential price movements. Decoding Ethereum’s Journey: A Deep Dive…
Ripple and SEC Brace for Q2 2024 Appeal, Debate on Trial Availability Arises
The Reserve Bank of Australia and DFCRC unveiled findings from a CBDC pilot, emphasizing programmable payments and CBDC as a financial market settlement asset. Despite the potential benefits, the pilot highlighted concerns around deploying CBDC on specific platforms and the…
Stellar-Powered CBDC Pilot in Australia Spotlights Programmable Payments and Swift Settlement
The Reserve Bank of Australia and DFCRC unveiled findings from a CBDC pilot, emphasizing programmable payments and CBDC as a financial market settlement asset. Despite the potential benefits, the pilot highlighted concerns around deploying CBDC on specific platforms and the…
Bitcoin’s Triumph: Future US President to Take Full Salary in BTC for Financial Independence
Miami Mayor and GOP presidential contender, Francis Suarez, commits to accepting Bitcoin as part of his presidential salary. Suarez is among a growing list of presidential candidates expressing their stance on cryptocurrencies. Leading the Crypto Charge in Political Circles Miami…