Author: Ellen Grigsby

Ellen is CMN's recently joined crypto enthusiast with over two years of experience writing about blockchain and cryptocurrencies. Ellen's passion for Bitcoin and crypto's

The focus is on CMN Blockchain as everyone excitedly awaits the next wave of blockchain innovation. We are about to launch an extraordinary platform that will revolutionise the field of decentralised genius. Come along as we get ready to launch CMN Blockchain and pave the way for a future characterised by unmatched speed, unwavering security, and possibilities that are redefined by smart contracts. The Countdown Starts As the days go by before CMN Blockchain launches, the pace quickens. A committed group of people has worked hard to create a platform that will change the decentralised technology scene. Let’s have a…

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Decentralised protocols for trade Both Velodrome, which is located on Base, and its offshoot Aerodrome have declared that they believe their service providers are under attack once more. Users have been cautioned against interacting with their front-end services. Velodrome and Aerodrome both used social media to alert consumers about possible assaults on their service providers and to advise them to exercise caution when using their networks. It’s still unclear what kind of attacks these were and how much damage was done. Velodrome and Aerodrome are decentralised trade protocols that seek to offer consumers safe and effective trading services. This incident…

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XRP

A digital payment technology called Ripple (XRP) makes cross-border transactions quick and affordable. Using the Ripple transaction protocol (RTXP), the XRP ledger (XRPL) facilitates transactions on a decentralised blockchain. Unlike the majority of cryptocurrencies, XRP’s 100 billion token supply was predetermined; it is not gradually mined. One of the key technological differences between Ripple and other blockchain systems is its consensus mechanism. Performance of the Market Right Now The market capitalization of all cryptocurrencies combined, up 0.08% from the previous figure, is now $1.42 trillion. According to recent data, the total market value of cryptocurrencies is $38.64 billion, a 30.38%…

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A brilliant newcomer named eTukTuk ($TUK) has entered the fray in the centre of the well-known industry titans of digital currencies, delivering a unique blend of Blockchain innovation and environmentally friendly mobility. The cryptocurrency community is now concentrating on the cutting edge of inventive innovation: the crypto presale of eTukTuk, a project that cleverly blends the power of the Blockchain with eco-friendly transportation. The focal point of this project is the $TUK token, which is valued at $0.025 at the moment because of the favourable feedback it has had from the cryptocurrency community. Surprisingly, the presale has already raised almost…

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Trader attention will be focused on Chair Jerome Powell’s remarks on Friday, as markets continue to resist the Federal Reserve’s higher-for-longer message. This is the last chance the central bank will have to set expectations prior to their December meeting. Before making its announcement on December 14, the Fed will go into blackout on Saturday. Powell, who is scheduled to speak at Spelman College, will have a difficult time persuading the market that interest rates will remain high until 2024. This is a result of the ongoing decline in inflation. The consumer price index, which was issued earlier this month,…

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A few days ago, the National Telecommunications and Information Administration (NTIA) and the Federal Communications Commission (FCC) of the United States approved the Doge-1 moon mission, which is funded by DOGE. The launch date of the DOGE-1 moon mission is scheduled for January 12th, 2019. Geometric Energy Corporation, a space technology business, is developing the DOGE-1 satellite, which SpaceX will launch using a Falcon 9 rocket. Elon Musk, the founder of SpaceX, first revealed the mission in 2021.

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The XRP Ledger (XRPL) ecosystem will soon be integrated with Band Protocol, a decentralised oracle project. For the Ethereum Virtual Machine (EVM) sidechain and the XRPL mainnet, Band Protocol will take over as the main oracle provider. Through this connection, Band Protocol will be able to supply the XRPL ecosystem with dependable and secure data feeds, expanding its potential and facilitating the creation of numerous decentralised applications (dApps) on the platform. By providing a reliable oracle solution for both developers and users, the partnership hopes to improve the XRPL ecosystem.

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AI

In response to complaints regarding the purported usage of AI in a League of Legends video announcement, Riot Games has stated that the voice-over problems were not caused by AI but rather by the human voice actor not receiving the necessary guidance. Riot Games sent us to a tweet from the League of Legends Wild Rift account that offered a status update. On November 23, the League of Legends Wild Rift account released an introduction video featuring the game character Sivir, who the narrator described as “severe.” This was when the trouble started. While game makers have begun to welcome…

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According to ING Economics, the Federal Reserve is expected to lower interest rates six times in 2024. In reaction to the US economy’s slowdown, interest rates are projected to be lowered starting in the second quarter and going all the way through 2025. More interest rate reduction will be required than the market presently believes due to lowering inflation, a cooling labour market, and a worsening outlook for consumer spending, according to ING Economics. The senior international economist at ING Economics, James Knightley, projects that the Fed will begin reducing interest rates in the second quarter of 2019 and may…

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There might be some respite for the unresponsive housing market soon. There are more properties available for purchase and the cost of purchasing a home is going down a little. According to a Redfin survey released on Thursday, new house listings saw their greatest year-over-year gain in November since summer 2021, and mortgage rates have dropped, lowering payments from their peak last month. According to Chen Zhao, the lead economist at Redfin, “mortgage rates are dropping due to easing inflation and investors betting the Fed will cut interest rates sooner than expected,” the announcement stated. “Declining rates, along with a…

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After some recent high advances, Asian sharemarkets started December cautiously, but mounting optimism that Europe and the US will lower interest rates should lessen the pressure on regional currencies and central banks. After falling more than 2% over night, oil prices around the world kept going down as OPEC+ producers’ voluntary output cuts for the first quarter of 2019 didn’t meet market expectations. The largest MSCI index of Asia-Pacific stocks outside of Japan dropped 0.5% following a record high of 7.3% previous month. Japan’s Nikkei was unchanged in November, despite posting its best month in three years with an 8.5%…

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For nearly a month, the US Dollar ($) and the Indian Rupee (₹) have been trading in familiar terrain. It spans from ₹81 to ₹84. Right now, one US dollar is worth ₹83.30 in Indian rupees. In early trade, the currency is said to have achieved some slight gains against its US counterpart. Entering the market quickly is likely to yield positive outcomes. Having said that, things might go either way, particularly in terms of how Indian forex brokers are anticipated to react to upcoming adjustments or variables that could have an impact on the country’s and the world’s economy.…

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In a Wednesday radio interview, Argentina’s incoming president Javier Milei disclosed that Luis Caputo will take over as the nation’s new minister of the economy. The main responsibility of Caputo will be to pull Argentina out of its dire economic situation. Milei noted that Caputo and Nicolas Posse, the cabinet chief, had remained in Washington to continue negotiations over an economic plan for Argentina with officials from the US Treasury and the International Monetary Fund (IMF). One of Caputo’s duties will be carrying out Milei’s plans to reduce the country’s above 140% inflation rate. Milei’s platform will be postponed until…

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Foreign currency With its noteworthy accomplishment of surpassing an 11-week peak and settling foreign reserves at $595 billion, India has once again shattered the record. This article will cover a number of topics, including the economy’s record-breaking performance and its effects on the economy, the outlook for the future, sectoral impacts, and more. Provide Figures That Break Records According to figures released by the Reserve Bank of India (RBI), India’s foreign exchange reserves reached an 11-week high of $595.40 billion. One of the biggest increases in the last four months was the nearly $5 billion increase in reserves. The action…

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With gains of around 330% so far in 2023, Solana has attracted a lot of attention—and this could just be the beginning. Based on the remarkable performance indicators and the rapid expansion of activity and usage on the Solana network, bright long-term prospects for Solana are projected. The network has also advanced significantly in business partnerships and alliances with other cryptocurrency initiatives. With so many applications and improvements planned by Cardano Network, another well-known cryptocurrency, Cardano, is more likely to do well in the years to come. Moreover, from the beginning of 2023, the TVL of ADA has grown. Investors…

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BlackRock has made changes to its Bitcoin Spot ETF proposal. Attracting investors while balancing the SEC’s preferences is the goal. BlackRock has been attempting to make real Bitcoin trading possible, but the SEC has been cautious in granting requests of this nature. The intention is to keep the product unrelated to the cryptocurrency market’s volatility. Exchange Traded Funded, the in-kind Bitcoin Spot ETF, has undergone revisions to guarantee that traders can trade Bitcoin directly, independent of futures, unlike other cash-based ETFs. The SEC and Nasdaq are presently considering the suggestion. It happens after BlackRock received input from the SEC requesting…

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The government released its report on Wednesday, indicating that the US economy grew at an annual pace of 5.2% from July to September. Compared to the earlier forecast of a 4.9% annual rate, this is an improvement. The second estimate demonstrates that the economy expanded at its quickest rate in almost two years, rising sharply from its 2.1% rate in April to June. The economy’s primary driver, consumer expenditure, grew at an annual rate of 3.6% in the third quarter. This shows a strong economy even though it is a decrease from the earlier forecast of 4%. Along with increased…

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As part of a new technical roadmap for layer-2 network opBNB, BNB Chain engineers intend to lower network fees by 90% and more than double the transaction speed. According to the plan, the increase will reduce processing costs to $0.0005 within six months and boost processing to 10,000 transactions per second (TPS) from approximately 4,000. The first price reduction is set for December 4 and will drop from $0.005 to $0.001. The network is built upon the OP Stack of Optimism. At the intended speed, opBNB would rank among the fastest layer-2 networks; its well-known spinoff, Arbitrum, is said to…

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The value of SOL, the native token of Solana, has significantly increased; it is currently trading over $60 and is getting close to its yearly high. In the last 24 hours, the coin’s value has climbed by 9%, and over the last 30 days, it has gained by 75%. SOL has long-term aims of $1,000 and short-term targets of $63 that some analysts believe are about to be achieved. Jacob Canfield and Crypto King are two analysts that believe that SOL will do well. According to Crypto King, the token will eventually reach $300 in addition to a short-term peak…

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Recently, VeChain tweeted that it was mentioned in another scholarly work. The network was presented as a shining illustration of a blockchain application case. The network has released a research paper titled “A Framework for Blockchain and IoT Integration in Improving Food Security in the Food Supply Chain” and has made notable advancements in the fields of waste management and food security. Just being mentioned in the scholarly article has increased interest in VeChain and, by extension, its native token. The prediction of VET cryptocurrency prices has gained popularity among traders who want to earn from cryptocurrency trading. The scholarly…

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