Shanghai and Suzhou Spearhead Exciting New Drive for Fresh CBDC Adoption in China
1. Efforts to Promote Increased Adoption of Digital Yuan in Shanghai and Suzhou The respective administrations of Shanghai and Suzhou, two of China’s most affluent regions, are intensifying efforts to boost usage of the country’s digital national currency, or CBDC, known as the e-CNY. Their initiatives aim to invigorate adoption and acceptance levels among citizens […]
Breaking: Ethereum Skyrockets 11% Amidst SEC’s Looming Approval of Futures ETF!
The Surge in Ether (ETH) Price Following US SEC’s Move on Ether Futures ETFs With the recent news that Ether Futures will be allowed by the United States Securities and Exchange Commission (SEC) to base the first exchange-traded funds (ETFs), the price of Ether (ETH) experienced an approximate 11% rise to $1,700. This development was […]
Shiba Inu Plummets 8% Post-Shibarium Mainnet Launch: Uncover the Surprising Reasons Why!
Introduction The Shiba Inu cryptocurrency is experiencing a sustained decrease in value against investor expectations. The Shiba Inu price is currently trading at $0.00000908 on Thursday, representing an 8% drop from its previous value. This downward trend suggests that the cryptocurrency may revisit lower support levels at $0.0000075 and $0.0000065. Shibarium Mainnet Launch’s Impact on […]
Bitcoin Skyrockets as Milei Triumphs in Argentina’s Presidential Primary!
Bitcoin Reaches New Highs in Argentina Recently, the price of Bitcoin (BTC) peaked at an all-time high in Argentina, following the victory of presidential candidate Javier Milei – known for his Bitcoin-friendly stance – in a primary election on August 13. As per data obtained from CoinGecko, Bitcoin reached an impressive worth of 10.2 million […]
Canadian Regulatory Clarity: A Magnet for Institutional Investors to Cryptocurrency!
A Surge in Crypto Interest by Canadian Financial Institutions – CEO of WonderFi Explains A recent conversation with Dean Skurka, the CEO of WonderFi, at the Blockchain Futurist conference in Toronto unveiled an unfolding story. He shared insights on the growing interest of Canadian financial institutions in cryptocurrency. According to him, this shift is due […]
CoinSmart President Reveals: Crypto Taxes More Favorable Beyond US Borders!
Crypto Firms Seek Clarity in Regulatory and Tax Policies Jeremy Koven, who holds senior positions at two major crypto-based companies, CoinSmart and WonderFi, has brought attention to the areas of concern for crypto firms navigating the United States financial environment. Alongside the search for regulatory clarity, these businesses are also looking for favorable tax policies […]
Surprising Shift: Bitcoin and Ethereum Outperform Oil in Stability!
Bitcoin and Ethereum Show Unusually Low Performance Bitcoin (BTC) and Ethereum (ETH) are the two largest cryptocurrencies by total market capitalization. These popular digital assets are showing an unusually weak performance in the market. Historically known for their high volatility, the cryptocurrencies are currently experiencing a decrease in the rate they considerably increase or decrease. […]
Altcoin’s Bold New Burn Plan Movement Sparks Exciting Price Fluctuation!
Injective’s Major Tokenomic Upgrade: INJ 2.0 Injective, a decentralized cryptocurrency exchange, has recently announced its major release, INJ 2.0. It is described as the “largest tokenomic upgrade”, and anticipated to dramatically increase the amount of INJ tokens being burned on a weekly basis. Main Changes Brought by INJ 2.0 This significant update has few primary […]
Analysts Make Unmissable Bitcoin Prediction: Impending Upside Surprise this Month!
Bitcoin’s Sharp Correction & Bullish Outlook In the notoriously volatile cryptocurrency world, Bitcoin (BTC) recently experienced a sharp downturn. This sudden correction raised concerns among investors about potential severe declines. The leading cryptocurrency had been consolidating in a tight range, making this movement significant. However, Singapore-based cryptocurrency trading company, QCP Capital, has made a bullish […]
Breaking News: Alleged Scam Detected in SwirlLend! Base Ecosystem Lending Protocol Under Scrutiny!
SwirlLend: A Deep Dive into the Recent Decline in Total Value Locked (TVL) Recent data released by DeFiLlama unveiled a significant decline in the Total Value Locked (TVL) of SwirlLend. The protocol has seen its TVL drop from an impressive $784,000 to a meagre $49.2. This sharp drop coincided with the suspension of the protocol’s […]