CORE Price: The first half of April has been a roller coaster ride for Core coin witnessing a spread from $4.36 high to $1.15. This 73.5% downswing was initiated as a post-rally correction but the selling pressure accelerated due to geopolitical tension between Iran and Israel and bitcoin’s pre-halving correction. However, an immediate reversal from […]
Terra Luna Classic Reveals Plan To Introduce EVM Support, LUNC Revival Imminent?
The Terra Luna Classic community looks beyond the typical chain developments to a more diverse approach by enabling Ethereum virtual machine (EVM) support on the chain. It will help the community-led Terra Classic chain to become compliant with new and emerging technologies, introducing many advantages. Interestingly, the EVM support will allow Terra Luna Classic to […]
Bitcoin Price Drops as Powell Signals Delay in Interest Rate Cuts
Bitcoin’s (BTC) price has dropped by 1% to approximately $62,900, coinciding with Federal Reserve Chairman Jerome Powell’s recent statements regarding the future of interest rates. Speaking at the panel discussion on Tuesday, Fed Chair Powell underlined the necessity of persisting in restrained monetary policy, which was justified by the limited progress in reaching the Fed’s […]
Coin Center Rejects Sen. Warren’s Critique on Employment Ethics
Coin Center, a prominent cryptocurrency advocacy group, has recently responded to United States Senator Elizabeth Warren‘s criticisms regarding its employment practices. The organization’s response comes after Senator Warren expressed concerns about the trend of hiring former government officials in the crypto industry. Coin Center’s Firm Stance Against Accusations Jeremy Brito, the director of Coin Center, […]
Bitcoin ETF Outflows Hit $58 Million, GBTC Outflows Slow Down
Net outflows from spot Bitcoin ETFs continued for the second consecutive day this week on Tuesday, April 16. As per data from Farside Investors, the total outflow from Bitcoin ETFs stood at $58 million. The overall activity in the Bitcoin ETF market has remained quite subdued in recent times. GBTC Outflows Slow Down The outflows […]
Chainlink (LINK) Price Eyes $20 As Exchange Supply Drops to 4-Year Low
Oracle service provider Chainlink (LINK) has been on investors’ radar recently with more than 8% gains over the last week. On Monday, January 15, the LINK price surged all the way to $16. However, as of press time, the Chainlink price is down 2.69% trading at $15.07 and a market cap of $8.5 billion. Chainlink […]
Breaking: US Senators Unveil New Bill Banning Algorithmic Stablecoins
Senators Cynthia Lummis and Kirsten Gillibrand have introduced a significant legislative proposal aimed at regulating stablecoins. Their bipartisan effort underscores the growing urgency within the House and Senate to address the regulatory framework surrounding digital currencies. With stablecoins increasingly gaining traction in the financial landscape, Lummis and Gillibrand seek to strike a balance between protecting […]
Chainlink Price On The Edge Of 14% Drawdown If This Key Pattern Validates
The crypto market’s post-Bitcoin ETF sell-off hangover lingers, but a sense of uneasy calm has settled in. Chainlink price, for one, seems to be testing investor’s patience, falling back from $16 to $15. If a key technical pattern plays out, LINK could be in for a steeper dive. The 20 Exponential Moving Average (EMA) on the four-hour […]
Ripple Partner Tranglo Uses XRP For All Payments, What’s Next For XRP Price?
In a recent revelation, Chad Steingraber, a notable figure within the XRP community, highlighted Tranglo’s adoption of XRP for real-time transactions through Ripple’s Payments solution. This strategic move by Tranglo aims to revolutionize cross-border payments by leveraging Ripple’s On-Demand Liquidity (ODL) service. The ODL service utilizes XRP as a bridge currency. Ripple Partner Tranglo Leverages […]
Chainlink, Circle Forge Alliance for Interoperability in USDC Transactions
Chainlink has announced its latest collaboration with Circle, integrating the latter’s Cross-Chain Transfer Protocol (CCTP) into its Cross-Chain Interoperability Protocol (CCIP). This partnership marks a pivotal step in enhancing the fluidity of USDC stablecoin transfers across various blockchain networks. Enhancing Stablecoin Utility through Interoperability This integration focuses on using USDC, a popular stablecoin, across diverse […]