Vaibhavv Ali
With the cryptocurrency market showing renewed strength, a key question for many investors is whether Cardano (ADA) or Pi Network (PI) will be the first to reach a price of $5. Cardano’s Position Cardano, a well-established and research-driven blockchain, is a strong contender. With a current all-time high of $3.01, a move to $5 is … Read more
Circle has announced the launch of a new Layer-1 blockchain called Arc, which is specifically designed for stablecoin transactions. The new blockchain, which will be open-source and have a public testnet available in late 2025, will use USDC as its native gas token. Arc’s focus on EVM compatibility means it will be able to work … Read more
The trading platform eToro (ETOR) released its second-quarter earnings, revealing modest growth across several key metrics. The company’s assets under administration surged to $17.5 billion, a 54% increase from the same period last year, while the number of funded accounts grew by 14%. eToro also saw a significant increase in profitability, with adjusted net income … Read more
Hex Trust, a licensed digital asset custodian, has teamed up with Etherlink, an Ethereum-compatible Layer 2 on the Tezos blockchain, to provide custody services for a tokenized uranium product called xU3O8. This collaboration, supported by Trilitech, is designed to give institutional investors access to uranium and other commodities issued on Etherlink. The xU3O8 token, created … Read more
Belarusian President Alexander Lukashenko is pushing for new regulations to advance the country’s use of cryptocurrencies, including for payments. Following a meeting with the head of the National Bank of the Republic of Belarus (NBRB), it was announced that the central bank has already drafted legislative amendments to achieve “breakthrough results” in this area. The … Read more
The native token of the Ethereum blockchain, ETH, has reached its highest price of the year, at one point surpassing $4,500 on Tuesday. This surge marks a 4.85% increase for the day and a 40% gain since the start of the year. While ETH’s all-time high of $4,878.26 was set in November 2021, its recent … Read more
Ethena has become a standout player in the DeFi space, with its Total Value Locked (TVL) soaring to a remarkable $11.89 billion. This achievement places it sixth overall among all DeFi protocols and second only to Aave among non-staking models. According to Strategy Analyst Tom Wan, this significant milestone highlights the potential for non-staking protocols … Read more
US spot Ethereum ETFs are gaining significant momentum, hitting a new milestone with a combined net inflow of $1.019 billion on August 11. This marks the largest single-day inflow since their launch, with BlackRock’s iShares Ethereum Trust (ETHA) leading the pack. This surge surpasses the $178 million that spot Bitcoin ETFs took in on the … Read more
In a move that sends cryptocurrency to the cosmos, Jeff Bezos’ space travel company Blue Origin has partnered with payment processing giant Shift4 Payments, Inc. (FOUR). The new collaboration, announced on Monday, allows customers to book extraterrestrial trips on Blue Origin’s New Shepard rocket using popular cryptocurrencies and stablecoins, including Bitcoin (BTC/USD), Ethereum (ETH/USD), and … Read more
The Shiba Inu (SHIB) community, often referred to as the SHIB Army, is currently in a heated debate over the proposed election for a SHIB President. The initiative, led by developer Shytoshi Kusama, was intended to unify the community but has instead created a significant rift. Critics argue that the election could lead to centralization, … Read more