Author: Ellen Grigsby

Recently, Cardano shocked the cryptocurrency world by formally partnering with Argentina. This development represents a significant turning point for the nation, which is working to improve its cryptocurrency industry. The governor of the province of Entre Rios, Rogelio Frigerio, teamed up with Cardano’s head for business development, Rafael Fraga, according to the release. The cooperation was started by signing an agreement between the parties. The Entre Rios Province will concentrate on encouraging blockchain usage locally as a result of the partnership. Cardano used its official X account to confirm the news. Apart from the statement, Cardano has not released any…

The founder of Ethereum, Vitalik Buterin, recently discussed the role that celebrities have in the cryptocurrency industry. Although a number of celebrities have started own cryptocurrency initiatives, Buterin is not supporting them. The creator continued to voice his displeasure with the star experimentation on X/Twitter. The project financialization trend, which turns everything into an asset, is Buterin’s main complaint about it. This inclination, according to the founder, is the primary goal of these kinds of projects. Buterin claims that financialization is employed to finance artistic endeavors or charitable causes. The founder naturally has a critical opinion of these projects because…

Tether has made a $18.75 million investment in XREX Group intending to enhance the online asset space overall and launch worldwide payments using USDT. Tether also intends to launch creative, cutting-edge regulatory technology. For the uninitiated, XREX is a certified financial organization headed by blockchain technology, and Tether is the biggest corporation in the online asset industry. With the money it receives, XREX hopes to change the financial environment by facilitating international B2B payments that are focused toward USDT. Additionally, the business will work with the Unitas Foundation to launch XAU1, a united stablecoin governed by the USD that will…

As a major demonstration of support for the Floki Ecosystem, DWF Labs intends to invest $12 million in FLOKI tokens. This well-known investment company, which specializes in Web3 investments at various growth stages, is active in the digital asset market. In order to complete the acquisition, tokens will need to be bought both on the open market and for $12 million from the Floki Treasury. This announcement comes after DWF Labs made an initial investment a few months back when they purchased $10 million worth of FLOKI tokens. The fact that DWF Labs continues to invest the company demonstrates both…

Wisconsin’s recent investment in Bitcoin ETFs has garnered national attention and may have a big impact on state-level investing policies. According to finance scholar David Krause, this ruling will create a precedent that will persuade other states to think about making comparable investments. State investment boards’ endorsement of Bitcoin ETFs is indicative of the increasing recognition of cryptocurrencies as respectable assets. In a PBS interview, David Krause, an emeritus professor at Marquette University, said that the state’s present $160 million commitment is “just a toe in the water” in comparison to what is likely in the works. “I think it’s…

By sticking to its earlier announcements, Ripple expands upon them. A plan has been devised to introduce Oracle services during the second quarter of 2024. This will probably put it in direct competition with Chainlink as a top rival. It’s interesting to note that the community is excited about other developments as well. AMM, DiD, MPT, and a native lending protocol are few more. The community may be especially excited about the improvement that involves Oracle integration. In essence, it allows the platform to incorporate actual data from the real world into a blockchain (XRPL in this example). Users will…

Despite its extreme volatility, institutional investors are paying more and more attention to Bitcoin. In 2024, Bitcoin is anticipated to yield significant profits due to its reputation as a profitable investment option. Regarding the question of whether Bitcoin is a superior long-term investment than the S&P 500, opinions may differ. The effects of Bitcoin’s long-term investments are astounding and unbelievable. When compared to other investments such as gold, real estate, bonds, commodities, and emerging markets, bitcoin is without a doubt a better option. With its remarkable 44% yearly returns, Bitcoin continues to be a top choice for investors. Had there…

A flaw in the smart contracts that oversee Velocore’s liquidity pools allows for $6.8 million to be stolen from the decentralized exchange. By the way, the exchange runs on the zkSync, Era, and Linea blockchains in addition to the Telos. An exploit in the overflow logic allowed a hacker to trick Velocore into depositing a large amount rather than a modest one. The user’s usage of a flash loan, which jeopardized the exchange’s unstable pools on zkSyncEra and Linea, enabled this. Still, the group members took care to protect their resources on Telos. The stable pools remained secure. We tried…

It was anticipated that after Bitcoin ($BTC) broke out of its consolidation phase, it would soon break the $84,000 mark. That was in the $61,000–$64,000 bracket. There has been a minor reversal, though. Although growth is still very much present, it is no longer occurring at the same rate. Over the past seven days, BTC has been trading at over $68,000. The trade volume has likewise fluctuated within a wide range. Nevertheless, it is unlikely that Bitcoin will benefit traders who trade it for a short period of time. The ATH for bitcoin was just over $73,000 in March 2024.…

The best-performing meme coin over the past 30 days is PEPE. When it comes to providing holders with substantial monthly dividends, FLOKI follows suit. As a point of comparison, in the past 30 days, the meme coin with a frog theme has yielded returns above 90%. If it maintains the momentum, it is now anticipated to attempt a greater resistance in the upcoming days. PEPE’s price is currently $0.00001467, up 8.52% over the last day and 7.81% over the last seven days. The trend that has gained the most attention over the past 30 days is its current upswing, which…

The top twenty currencies based on market capitalization are becoming more competitive as the use of cryptocurrencies grows in popularity. Recently, the companies vying for positions 18 and 19 on this list, Pepe (PEPE) and Polygon (MATIC), have attracted notice from all around the world. This competition highlights the erratic volatility of the cryptocurrency market as well as investors’ propensity to pay attention to less well-known coins. With a market valuation of more than $7.2 billion, Polygon—a startup that creates tools to make Ethereum more scalable—is ranked 18th out of the biggest cryptocurrency companies. Pepe, a relatively recent entrant to…

It is suggested by ENS Labs that Layer 2 (L2) be added to the Ethereum Name Service (ENS) and that the project as a whole be called ENSv2. In addition to moving the core elements of the ENS protocol to Web3, the company is also performing a thorough restructuring exercise and transferring its vast experience. By evaluating the key components of ENS, the business is redesigning the protocol to become decentralized while also implementing new use cases, as well as additions and possibilities that were previously limited by the Ethereum mainnet. Since its launch in 2017, ENS has evolved from…

Nayib Bukele, the president of El Salvador, has teamed up with Cathie Wood, the CEO of Ark Invest. The plan is to investigate the potential special features of blockchain technology and Bitcoin in order to strengthen the national economy. It is anticipated that the results of their joint efforts will draw interest and investment opportunities from throughout the world. Nayib’s decision to collaborate with Wood is in line with El Salvador’s overarching goal of becoming and staying a leader in the blockchain and cryptocurrency industries. According to the information made public, Catie and Bukele have teamed up because they have…

Regarding the acceptance of Bitcoin, El Salvadorian authorities are in discussions with Argentine officials. The CNV (Argentinean National Securities Commission) verified the news. The CNV verified that senior officials from both parties recently met, per an official announcement. The parties are attempting to assess potential terms of collaboration regarding issues pertaining to virtual assets. El Salvadorian authorities convened with top-ranking CNV officials to discuss the country’s Bitcoin regulations. With Bitcoin at the core, the cryptocurrency world has already dubbed it an alliance. The vice president of the regulator, Patricia Boedo, met with Roberto Silva, the president of CNV. Together, the…

Michael Saylor, the chairman of MicroStrategy, reaffirmed recently that Bitcoin benefits from the approval of the spot Ethereum ETF. Saylor believes that institutional investors will be drawn to cryptocurrencies as a result of the permission. The chairman mentioned the permission in an interview on X. Saylor explained in the interview that the Ethereum ETF will provide traders additional options and increase their confidence. The chairman went on to say that two significant cryptocurrencies will lead the way as the ETFs help to further establish the crypto asset class. The action demonstrates how cryptocurrency is increasingly regarded as a legitimate and…

At the moment, there is a noticeable upsurge in the cryptocurrency industry. The rumors that an ETF headquartered in the United States would be approved shortly have caused the price of Ethereum (ETH) to soar. On the final day, Ethereum’s price rose by 19% to around $3,600. In addition, the price of Bitcoin (BTC) has surged dramatically, reaching $71,000 and causing a sell-off. Solana, a blockchain protocol renowned for its lightning-fast transactions and scalable infrastructure, rose in a flurry of market activity when Ethereum broke over the tough $3,600 resistance line. SOL, the cryptocurrency that ranks fifth in terms of…

Using MultiversX, Ethereum and Bitcoin may be transferred quickly and utilized in decentralized applications. The MultiversX Bridge supports Ethereum and Bitcoin, the two most widely used digital commodities, which is fantastic to hear. MultiversX offers a number of notable features that Bitcoin and Ethereum may benefit from, including lightning-fast transaction fees, creative functionality, and little overhead. Because of its extended compatibility, Ethereum and Bitcoin can benefit from the same degree of convenience provided by ESDT and ELGD. The decentralized protocols can envision new options for customers and utilize the extended interoperability capability of the MultiversX Bridge. The prefix “w” indicates…

Residents of New York can trade on Coinbase.com or the cryptocurrency exchange’s mobile applications, as well as purchase and sell cryptocurrencies once more. The Coinbase legal chief revealed all of the details surrounding X, emphasizing their joint effort with the US government to bring the cryptocurrency token back. After receiving regulatory approval, Coinbase has allowed XRP trading to resume for its customers in New York. They first offered XRP support in the USA in 2019, and Coinbase suspended XRP trading as a result of a lawsuit brought by regulatory bodies against the token’s issuer. Coinbase brought back XRP trading in…

As of right now, BNB’s price has risen by 5% to $614, and there is a good chance that it could eventually reach $700. Crypto specialists predict that BNB might possibly rise further if it capitalizes on the current strong attitude surrounding the markets. June is expected to be a very profitable month for BNB, setting a new all-time high. When BNB was first introduced as a central coin, it aided in the growth of the Binance cryptocurrency exchange. The coin’s journey has taken many detours since its launch in 2017. Since then, it has been in charge of performing…

Regarding the House of Representatives’ vote on FIT21, Coinbase CEO Brian Armstrong expressed his opinion and thought it was really exciting. He also talked extensively about the 21st Century Act’s use of technology and financial innovation. He thinks the vote will contribute to the clarification of cryptocurrency legislation. Armstrong went on to say that every American has a right to know that their politicians are defending their rights when it comes to using cryptocurrency. Implementing laws guaranteeing consumer protection and prohibiting non-state actors from upsetting the cryptocurrency market are other measures. He concluded by clapping together with Stand With Crypto,…