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Tether Invests in StablR to Expand Euro-Backed Stablecoin Usage in Europe

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Tether, the issuer of the USDT stablecoin, has made a strategic investment in StablR, a European startup focused on euro-denominated stablecoins. This partnership aims to increase the adoption of stablecoins across Europe, particularly as the region prepares for the implementation of the Markets in Crypto-Assets (MiCA) regulation in 2024.    Why is this Investment Important? … Read more

Cardano (ADA) Whale Activity Surges, Fueling Hopes for $2 Price Target

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Cardano (ADA) has been witnessing a surge in whale activity, a bullish indicator that could propel the cryptocurrency towards the $2 mark. On-chain analytics firm Santiment has observed a significant increase in large investor interest, a positive signal for the cryptocurrency market. Surge in Whale Transactions Signals Growing Confidence In the past 24 hours, the … Read more

Ohio Lawmakers Introduce Bill to Allow State Treasurer to Invest in Bitcoin

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State Representative Brett Merrin has introduced legislation in Ohio that would allow the state treasurer to invest in Bitcoin. The “Ohio Bitcoin Reserve Act” aims to diversify the state’s investment portfolio and protect its finances from the devaluation of the U.S. dollar. The bill, which would amend existing state law, grants the state treasurer discretion … Read more

Japanese Lawmaker Proposes Bitcoin Reserve for the Nation

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A growing number of nations are considering the establishment of national Bitcoin reserves, and Japan may soon join this trend. Lawmaker Satoshi Hamada recently proposed the idea to the Japanese House of Councillors, suggesting the “conversion of part of the country’s foreign exchange reserves into cryptocurrencies such as Bitcoin.” Hamada emphasized that such a move could revitalize … Read more

BONKbot Simplifies Crypto Trading with MoonPay Integration

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BONKbot, a Telegram-based tool facilitating cryptocurrency trading on the Solana blockchain, has significantly enhanced its user experience by integrating with MoonPay. This integration empowers users to directly fund their wallets using credit cards, debit cards, or even Apple Pay, streamlining the process of entering the Solana ecosystem. Prior to this integration, funding a Solana wallet … Read more

Upbit Lists Valve (VANA) Token, Issues Network Warning

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South Korea’s leading cryptocurrency exchange, Upbit, has announced the listing of Valve (VANA) on its platform. Trading will be available in Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) pairs, providing increased liquidity for the token. This listing follows VANA’s recent launch on Binance’s Launchpool, further solidifying its presence in the cryptocurrency market. However, Upbit … Read more

GreenpeaceUSA Ends “Change the Code” Campaign Targeting Bitcoin Mining

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GreenpeaceUSA has quietly ended its “Change the Code” campaign, an initiative aimed at mitigating the environmental impact of cryptocurrency mining. According to researcher Daniel Batten, the campaign effectively ceased in early 2024, with official accounts falling dormant. No other Greenpeace branch publicly supported the effort, and its key leader, Josh Archer, departed the organization to … Read more

Moca Network’s MOCA Token Surges 380% After Listing on Upbit and Bithumb

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Moca Network’s native token, MOCA, has witnessed a meteoric rise, surging by a staggering 380% after being listed on South Korea’s leading crypto exchanges, Upbit and Bithumb. This significant price jump, culminating in an all-time high (ATH) of $0.426, marks a major milestone for the Moca Foundation and underscores South Korea’s pivotal role in driving … Read more

Binance Faces Trademark Dispute Over “Peanut the Squirrel”

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Binance, a leading cryptocurrency exchange, is facing a trademark infringement  lawsuit from Mark Longo, the owner of the “Peanut the Squirrel” (PNUT) brand. According to Longo, his legal team has sent a cease-and-desist letter to Binance alleging the unauthorized use of the “PNUT” trademark and the distinctive image of Peanut the Squirrel on their platform. … Read more

Shiba Inu Whales Re-Engage, Transferring Trillions of SHIB in 24 Hours

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The dog-themed cryptocurrency Shiba Inu (SHIB) is witnessing a resurgence in whale activity, with large transaction volumes surging by 41.39% in the past 24 hours, according to IntoTheBlock data. This surge translates to a massive 2.79 trillion SHIB, valued at approximately $76.48 million, being transferred between major players.    Large transactions, typically exceeding $100,000, often … Read more

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