Category: Altcoin
Algorand Establishes Strategic Partnerships for Web3 Push in India
To strengthen India’s Web3 basis, decentralized network Algorand (ALGO) has teamed up with important Indian enterprises. The CEO of the blockchain platform, Staci Warden, has indicated that Algorand is making…
Court Approval for FTX to Sell $744 Million in Grayscale Trust Assets Granted
According to a bankruptcy court filing filed on Friday, bankrupt cryptocurrency exchange FTX just gained consent from a bankruptcy court to sell its shares in digital trusts administered by Grayscale…
Binance agrees to a $4.3B settlement in the US. Changpeng Zhao “CZ” steps down as CEO.
As part of a $4.3 billion deal with the government, Binance’s founder and CEO, Changpeng “CZ” Zhao, agreed to resign after the company was charged with criminal charges in the…
UBS Asset Management rolls out tokenized money market fund on Ethereum
Leading fund house UBS Asset Management rolled out a live pilot of its tokenized money market fund on Ethereum. With the move, UBS Asset Management would be able to test…
Singapore grants key regulatory licence to Coinbase
Leading cryptocurrency exchange Coinbase announced that the Monetary Authority of Singapore has granted it the Major Payment Institution licence. The authority had granted an in-principle approval last year. The development…
Ripple Secures a Major Payment Institution License from the Monetary Authority of Singapore
Ripple, a prominent blockchain payment firm, recently achieved a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This is a significant milestone for the company as…
OP Labs Launches a Testnet Fault Proof System for a more Decentralized Ecosystem
In a significant development for the blockchain community, the developer of the Optimism Network, OP Labs announced the launch of the testnet version of its fault-proof system via a blog…
What is happening with Polkadot? $DOT shows no signs of a bullish rally with bears engulfing the token completely!
In 2023, the price of Polkadot (DOT) has largely displayed a bearish trend. The price continued to fall from the $4.30 horizontal support level in September. Polkadot 5-day price chart….
Solana finally breaks out as the price breaches the $20 level. Can rising TVL volumes push the $SOL price to the $37 level and beyond?
The bearish pressure that has kept $Solana price within a narrow range for so long appears to be waning. $SOL has produced a higher high on the three-day chart as a result of the…
Basic Attention Token ($BAT) loses steam. Can $BAT recover from its current low of $0.18?
Midway through June 2023, Basic Attention Token ($BAT) began to trend upward, climbing from a low of $0.15 to a high of $0.23. Following the news that asset management company BlackRock had…
Cardano Whales Accumulating Silently. Can $ADA price rise as a triple bottom pattern emerges?
Cardano’s price recently formed a bullish triple-bottom pattern but did not start to rise. After the breakout, there was a definite lack of impetus, which resulted in $ADA reverting to its previous levels. Will the…
$MATIC continues to trade sideways but bears still hold sway. Can $MATIC recover and restart a bull rally soon?
September saw a lot of sideways trading in the price of $MATIC displaying a lack of consensus among buyers and sellers. However, this lateral trajectory seems to be heading straight toward a…
Dogecoin continues a bearish downtrend even as FCF Pay integrates $DOGE as a payment method
Since the past year, the $DOGE price has been unable to break out of its consistent downturn but may try for another sweep at liquidity from support currently located at the $0.059 price level before making another…
Solana might retest $20 soon as new partnerships ignite interest among $SOL whales
The price of Solana has experienced a sharp swing today, rising to a 24-hour high of $19.52 before falling to $19.43 in recent hours. The current price reflects a 0.2% decrease over the previous…
PancakeSwap Collaborates with Transak to Enable Fiat Onboarding on Multiple Networks
As the cryptocurrency market continues to evolve, accessibility and ease of use are of prime importance. In light of this, the decentralized exchange (DEX) platform, PancakeSwap, known for its multi-chain…
Terra Classic (LUNC) Community Approves the Proposal on Halting the Minting and Reminting of USTC
The Terra Classic (LUNC) community has recently made a significant decision to reshape the trajectory of the project. They have officially approved the proposal to cease the process of minting…
Bears prevail in Cardano but could a retest of the $0.30 level confirm a long-term bull rally?
The price of Cardano has been declining for more than two months, demonstrating seller dominance. However, the most recent development indicates that a brief uptrend may be on the horizon. ADA has…
Can Ripple (XRP) triumph after its victory against SEC?
Following its victory against the US Securities and Exchange Commission (SEC), Ripple ($XRP) pricing exhibits a lack of buying pressure. The payment processing network has been on a downward trend ever since….
Polkadot looks to expand parachains network to 1,000
Polkadot’s core developers are now eyeing plans to expand the multichain protocol’s network of parachains to 1,000 – a massive upgrade from the current limit of 100 parachains – with…
Bankrupt exchange FTX files $157-million lawsuit against ex-employees of Hong Kong affiliate
The now-defunct FTX has reportedly sued the former staff of Salameda, an entity based out of Hong Kong and one that was affiliated with the crypto exchange, for $157.3 million,…