Major Finance Players Join Forces to Launch Paxos USDG Stablecoin Network
On November 5, prominent crypto and financial institutions, including Robinhood, Galaxy Digital, Kraken, and Paxos, joined together to form a consortium aimed at supporting a new stablecoin pegged to the U.S. dollar. This stablecoin, dubbed USDG, was launched by blockchain infrastructure firm Paxos on November 1 and is currently available on the Ethereum network, with plans to expand to other blockchains as regulatory frameworks evolve.
Paxos states that the Global Dollar Network, designed to f
Bitcoin Volatility Slows as Traders Await U.S. Election: Bitfinex
With the U.S. election just around the corner, Bitcoin volatility has taken an unexpected dip. Bitfinex analysts, in their November 5 market report titled “Calm Before the Storm?”, have noted that Bitcoin’s implied volatility has dropped to the low 40s. This dip suggests that traders are reluctant to place high-stakes bets on the cryptocurrency’s movement until the election’s outcome is clearer.
Notably, Bitcoin’s forward-looking volatility index, provided by Deribit, reached a three-month high
Toncoin Struggles for Support. Will These 2 Tokens Steal the Spotlight in Q4 2024?
As Toncoin struggles to find support in a challenging market, two rising tokens—Rollblock and OM—are gaining traction and could capture investors’ attention in Q4 2024. Amid volatile movements in the Toncoin price, these tokens show promising potential in a bullish crypto landscape.
Rollblock, currently in its 7th presale round at $0.033 per token, has already raised nearly $5 million, while OM is also generating excitement with its innovative platform. Investors may find these alternatives ap
Marathon Digital and Riot Platforms Record Major Bitcoin Production in October
Leading Bitcoin miners, Marathon Digital and Riot Platforms, reported record production figures for October, marking their highest output since the Bitcoin halving in April 2024.
Marathon mined 717 Bitcoin, equivalent to $48.8 million, while Riot generated 505 Bitcoin, valued at $34.4 million. The post-halving rebound in output underscores the significance of increased transaction fees and robust hashrate growth in sustaining miner profitability amid halved block rewards.
DTX Exchange on the Rise: Why Solana and Dogecoin Holders Are Eyeing This New Platform
As the cryptocurrency market evolves rapidly, DTX Exchange (DTX) has emerged as a platform to watch. Despite being a new crypto, DTX has appealed to investors holding established tokens like Solana (SOL) and Dogecoin (DOGE). With its recent listing on CoinMarketCap, DTX Exchange will accelerate its adoption rate among investors targeting lucrative opportunities in the coming bull market. The platform’s advanced hybrid trading model, which blends DEX and CEX features, is dominant because of its p
OpenSea Unveils New Platform Built From Scratch, Here’s What For
OpenSea, once the unchallenged leader in the Non-Fungible Token (NFT) marketplaces, is undergoing a radical transformation. This comes as it fights to survive one of its most difficult periods.
As NFT trading volumes hit record lows not seen in over three years, the marketplace is determined to reinvent itself and regain its dominant position.
A New OpenSea Is Coming
On Monday, OpenSea’s CEO Devin Finzer took to X to share the exciting news. He hinted at a major transformation for the marke
This November Will Be Historic; Experts Predict SOL to $1,000, XRP to $4, and IntelMarkets to Sur...
Things in the crypto markets are heating up as analysts are predicting huge gains for major tokens like Solana (SOL) and Ripple (XRP), as well as up and coming cryptos like IntelMarkets (INTL), an AI-DeFi hybrid with disruptive potential, November might be the breakthrough month. Here’s what to anticipate about those top performing assets, and why IntelMarkets may have a 3000% rally this November.
Solana (SOL): Steady Climb with a Big Target
The name Solana (SOL) is still making headlines in t
a16z Crypto Injects $23M into Fairshake In Bipartisan Candidate Boost
Andreessen Horowitz’s a16z crypto division has made a major move for the U.S. crypto industry. The firm recently pledged a substantial $23 million investment in Fairshake, a political action committee (PAC) focused on promoting clear and balanced crypto regulations.
The venture capital firm donated $25 million to Fairshake in May. This new injection of funds brings Fairshake’s total funds to over $78 million, positioning it for a key role in the upcoming Congressional elections.
A wave of criticism from top crypto founders challenges Coinbase Inc’s claim of “free” asset listings. Justin Sun, founder of Tron, and Andre Cronje, co-founder of Sonic Labs, have raised accusations that Coinbase’s listing process comes with hidden costs.
This debate adds fuel to the long-standing controversy over exchange fees and ignites new discussions on the financial pressures facing emerging projects in the crypto space.
The Controversy Surrounding the Coinbase’s “Earn” Program
Deutsche Telekom to Pioneer Green Bitcoin Mining in Germany
In a strategic partnership, Deutsche Telekom subsidiary MMS and Bankhaus Metzler are embarking on an eco-driven journey. This project aims to transform surplus renewable energy into digital value. This pilot project explores a novel way to use excess energy from renewable sources like solar and wind power for Bitcoin mining.
These entities are gearing up to create a new approach to stabilizing Germany’s energy grid while advancing sustainable blockchain solutions. This experiment could bridge
Solana Active Addresses Exceed 120 Million Amid Memecoin Frenzy
Solana Blockchain has hit a remarkable milestone in an impressive display of growth. Last month, the network broke records by exceeding 120 million active addresses, marking a significant milestone in its journey. This surge is not just a number; it reflects the vibrant ecosystem blossoming within the Solana network.
Solana Blockchain Saw a Surge Like Never Before
On-chain data revealed that Solana’s unique active addresses have skyrocketed by more than 42% since September. This showcased a m
Trader Predicts Election Boost for DOGE to $5, PEPE to $1, and Unveils Altcoin Ready for 7,000% G...
The cryptocurrency market is abuzz with daring predictions as elections draw near. Significant price jumps are anticipated in well-known digital coins, potentially reaching unprecedented levels. Popular tokens like Dogecoin and Pepe are expected to see dramatic increases, while an under-the-radar altcoin is spotlighted, projected to deliver remarkable returns of up to 7,000%. These forecasts hint at substantial opportunities, intriguing those keen on capitalizing in the volatile crypto market.
Experts Forecast 5,000% ROI for CYBRO as It Overtakes Kaspa and Toncoin
A new contender in the crypto world is turning heads with predictions of huge gains. CYBRO is set to soar, outpacing well-known coins like Kaspa and Toncoin. Experts suggest it could offer returns as high as 5,000%. This surprising development has sparked curiosity about what makes CYBRO stand out.
CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity
CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 millio
Taiwan Unveils New Crypto Regulations, Set for 2025 Launch
Taiwan Financial Supervisory Commission (FSC) is preparing to enforce comprehensive regulations for cryptocurrency platforms in 2025. Hsi-Ho Huang, who leads the FSC’s securities firms division, highlighted the new “registration regulation” during the FinTechOn conference in Taipei, underscoring that virtual asset service providers (VASPs) must complete compliance registration or risk severe penalties, including prison sentences of up to two years.
Alibaba Scales Down Metaverse Division Amid Shift Toward AI Focus
Alibaba, the Chinese e-commerce powerhouse, is reportedly paring back its metaverse operations, joining a wave of major tech firms reshaping their priorities in response to growing demand for artificial intelligence (AI). According to the South China Morning Post, Alibaba’s restructuring has led to layoffs in its Yuanjing metaverse division, which operates in both Shanghai and Hangzhou.
This unit, launched in 2021 during a high point of metaverse enthusiasm, attracted significant investment — e
Ethereum Echoes Amazon’s Early Days, Says 21Shares Analyst
Ethereum, much like Amazon in its nascent stages, is still not fully understood by Wall Street investors, according to Leena ElDeeb, a research analyst at crypto asset manager 21Shares. During an interview, ElDeeb noted Ethereum’s potential to evolve far beyond its current use cases, drawing a parallel with Amazon’s early days when it was solely an online bookstore, far from the tech behemoth it is today.
Despite the launch of spot Ether ETFs in July, inflows have been relatively modest, especi
Suiruto Meme coin Launches on Sui, Sets to Become SUI Networks Viral Sensation
The SUI Network is booming, quickly becoming the favorite chain for crypto enthusiasts.
Now, Suiruto, the latest meme coin on SUI is capturing attention with its unique blend of ninja mythology and blockchain innovation.
Suiruto isn’t just a coin, it’s a thrilling community driven adventure. With $SHIN as its native token, Suiruto offers a mix of fun, rewards, and mystery, attracting both fans and investors eager for an engaging crypto journey. This isn’t just another project; Suiruto is pois
Introducing Suiruto, The New Meme Sensation on SUI Network
The Sui blockchain is quickly establishing itself, attracting a wave of both experienced investors and crypto newcomers, projects like Cetus, NAVI, and Scallop continue to anchor the ecosystem, while projects like $SUIMAN and $BLUB is dominating the SUI meme space.
Suiruto ($SHIN) is the latest new meme coin sensation, capturing unexpected buzz and intrigue.
Introducing Suiruto: The Ninja of the SUI Network
At the forefront of the SUI meme coin explosion is Suiruto, a project that’s turning
Solana Holds Firm Amid ETH Decline; Rollblock Gains Momentum as Online Casino Token
The news of Canary Capital filing for the first US SOL ETF has sent a seismic shift to the Solana ecosystem as its price closes the gap on BNB. But that contrasts the bleak fate ETH price has been facing for months. However, its innovative progeny, Rollblock, is holding the line with its GambleFi ingenuity and revenue-sharing model. While the ETH price wanes, this online casino token has been capitalizing on the growing demand for efficient and decentralized iGaming solutions. Presale has accrue
Top Cryptos to Watch This Month: KuCoin Token, Rollblock And BNB for High-Yield Investment Opport...
If you want to make enviable crypto profits before 2024 ends, look no further than KuCoin token, Rollblock and Binance Coin. These tokens offer an interesting investment opportunity, making them the top cryptos to watch out for. Read on to learn about the potential of each token and how profitable these can be for ambitious crypto investors.
Rollblock offers early investors 100x ROIs
Rollblock is a presale token that is available for just $0.033. Apart from having this extremely attractive en