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Bitcoin
While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value…
NFT Sales Climb 39% in One Week, While Bitcoin NFT Sales Maintain Rapid Momentum
While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the…
Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The…
Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network
Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum blockchain by…
Peter Schiff Twitter Apparently Hacked, Shills Gold Crypto, Son Spencer Warns
The Twitter account of Bitcoin critic Peter Schiff was found advertising a gold-branded token as a result of an apparent hacking. His son, crypto enthusiast Spencer Schiff, warned users in a tweet not to follow the link posted by the…
US Dollar Will Lose Dominant Status, China and India Could Play Key Role in Currency Shift, Says…
Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, has explained that the U.S. dollar will lose its dominant status. He expects the Chinese yuan and possibly the Indian rupee to become “much more important…
BRICS Nations to Encourage Use of Local Currencies in Trade
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion,…
Tanzanian Central Bank Says Forex Restrictions Intended to ‘Safeguard the Stability of the Financial…
The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to the Bank of…
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era…
Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
Ether and other major cryptos spent much of the day in positive territory.