Vaibhavv Ali
As the 2024 election season approaches, the landscape of U.S. politics is witnessing a growing divide regarding cryptocurrency. While some lawmakers are stepping forward to advocate for blockchain technology and its potential, others prefer to maintain a cautious distance. Here’s a look at five crypto-friendly politicians who are betting on the future of digital assets. … Read more
Paxos has officially launched USDG, a new stablecoin backed by real U.S. dollars, enhancing trust and stability for users. This innovative cryptocurrency offers a reliable alternative for transactions, especially for those living and working in Singapore. Partnership with DBS Bank A key element in the success of USDG is its partnership with DBS Bank, one … Read more
The Binance Foundation has announced the successful completion of its 29th quarterly BNB burn, marking a significant milestone in its ongoing commitment to reducing the supply of its native cryptocurrency, BNB. In this latest burn, a total of 1,772,712.363 BNB tokens were permanently removed from circulation, valued at approximately $1.07 billion. Details of the Burn … Read more
In the last 30 days, XRP has experienced a notable decline, with prices dropping at least 13.1%. Starting October at $0.61175, the cryptocurrency touched a low of $0.50877 by the end of the month, marking a significant 20.24% drop. A recent report reveals that Ripple has released one billion XRP from escrow for November, prompting … Read more
MicroStrategy Inc. (MSTR), the software company co-founded by Michael Saylor, has been highlighted by broker Canaccord as a prime vehicle for equity investors looking to gain exposure to Bitcoin (BTC). In a recent research report, Canaccord raised its price target for MicroStrategy from $173 to $300 while maintaining a “buy” rating, reflecting growing confidence in … Read more
In a significant regulatory move, the Dutch Central Bank (DNB) has imposed a fine on cryptocurrency exchange Bybit for failing to register in accordance with local laws aimed at combating money laundering and terrorist financing. The registration requirement, introduced in May 2020, was designed to enhance oversight in the crypto sector, yet Bybit continued its … Read more
Ethereum (ETH) has been on a turbulent ride, recently dipping to around $2,500 and struggling to find upward momentum. Veteran crypto trader Peter Brandt has issued a cautionary forecast, warning that ETH could plummet to as low as $1,550 due to weak buying interest. His analysis, based on Ethereum’s 4-hour chart, suggests a bearish rising … Read more
Decentralized finance (DeFi) activity is on the rise in Eastern Europe, highlighting a significant increase in cryptocurrency adoption, according to the latest report from on-chain analytics platform Chainalysis. Between July 2023 and June 2024, the region received over $499 billion in cryptocurrency, with DeFi accounting for a substantial third of that value, totaling more than … Read more
At The Gateway event in Dubai today, TON announced exciting new updates to its Telegram-integrated crypto wallet, TON Space, enhancing user accessibility and functionality. With over 100 million Telegram users—approximately 10% of the app’s total user base—having signed up for TON Space, this marks a significant milestone for the platform. Integration of Self-Custodial Options The … Read more
In a significant move for the cryptocurrency landscape, MoonPay has partnered with Venmo, opening access to Venmo’s 60 million active users and providing a streamlined pathway for engagement in decentralized finance (DeFi) on Uniswap. This collaboration allows U.S. users to buy and sell crypto assets directly using their Venmo balances, linked bank accounts, and cards. … Read more