Year: 2024

Tether, the entity behind the USDT stablecoin, has made a significant stride into the healthcare domain by injecting a substantial $200 million investment into Blackrock Neurotech. This pioneering biotech firm specializes in cutting-edge brain-computer interface (BCI) technology. Operating under its recently established venture division, Tether Evo, the stablecoin powerhouse has acquired a majority stake in…

Marking a significant milestone, Lido Finance, the leading liquid staking protocol within the Ethereum ecosystem, now commands over 28.5% of the total staked Ether, sparking discussions regarding the potential of decentralized finance (DeFi) to rival traditional finance (TradFi). This achievement, reached on April 29th, solidifies Lido Finance’s position as the foremost DeFi protocol, boasting a…

On Monday, the prevailing sentiment across major cryptocurrencies is leaning towards a bearish outlook. This shift in market sentiment is primarily attributed to traders deliberating over the potential scenario of the US economy entering a state of “stagflation”. Stagflation, characterized by a combination of stagnant economic growth and high inflation, typically prompts a bearish stance…

In the dynamic world of cryptocurrency investing, the year 2024 is poised to be a pivotal moment for both small investors and crypto whales alike. The fervent anticipation of a bull run looms large on the horizon, stirring excitement and ambition as individuals seek to leverage this opportunity for potentially staggering investment returns. At the…

Experienced investors with a keen eye for emerging trends and promising companies sometimes have the ability to spot hidden gems in the cryptocurrency market before they gain wider attention. Such is the case with Hump (HUMP), the latest sensation in the world of meme coins that has caught the interest of investors seeking high-reward opportunities….

Overview   Ethereum gas fees are at a 6-month low, coinciding with a rise in Ether price.     The decrease in fees is likely due to less network traffic and recent upgrades. However, there’s a slight uptick in circulating ETH supply.     Despite the supply increase, Ethereum remains deflationary overall, with more ETH burned than issued since the…

In a development that reverberated across the cryptocurrency community like a seismic shockwave, Trust Wallet, the esteemed application cherished for its capacity to facilitate cryptocurrency management without necessitating direct control over funds, found itself unceremoniously ousted from the hallowed grounds of the Google Play Store. This digital haven, a sanctuary for countless crypto enthusiasts since…

In a groundbreaking stride towards enhancing its ecosystem’s versatility and accessibility, Shiba Inu’s revolutionary DeFi platform, ShibaSwap, has unveiled a transformative expansion plan. This strategic initiative transcends boundaries by extending its operations not only to the Ethereum blockchain but also to the cutting-edge Shibarium blockchain. This audacious move represents a quantum leap forward in the…

Commencing from the threshold of September 1, 2024, Russia is poised to enact a sweeping array of stringent regulations meticulously tailored to corral the burgeoning tide of cryptocurrency transactions coursing through its economic arteries. Notably, amidst this labyrinthine network of controls, there exists a pivotal exemption: cryptocurrencies born within the sovereign confines of Russia itself…

Summary  53M XRP whale transfer raises concerns ahead of SEC deadline, motives questioned.     Judge sets April 29 deadline for SEC response in Ripple legal dispute.     XRP trades at $0.5011, down 2.48% in 24 hours, amid increased volume.   Amidst a day of tumultuous fluctuations in the realm of major cryptocurrencies, XRP finds itself navigating a…