One of the world’s largest publicly listed Bitcoin miner Marathon Digital has selected Standard Chartered-backed Zodia Custody for digital asset custody services outside the United States. Zodia Custody recently joined Metaco’s global crypto storage network to provide companies with easy access to crypto storage and settlement, with comprehensive security. Marathon Digital Selects Standard Chartered Backed […]
Terra Luna Classic Core Dev L1TF Security Upgrade Proposal Officially Rejected
Terra Luna Classic core developer L1TF’s proposal for core security upgrade package has been rejected by the Terra Luna Classic community. The proposal faced setbacks after validators including Allnodes voted “No” citing proposal 11889, a pay-per-job approach for developments, as the reason for rejecting the current proposal. Terra Luna Classic Rejects Core Security Upgrade Proposal […]
Terra Classic Community to Vote on Key Validator Rule
Terra Classic, a blockchain network, recently proposed a new governance rule. This rule aims to enhance the network’s security and decentralization. The regulation restricts validators from operating more than one node. Furthermore, entities cannot validate the network across different project divisions. Non-custodial service providers are also barred from allowing customers to run multiple validators. This […]
US Fed Meeting Highlights: Interest Rate Expectations, Bitcoin Outlook
The United States Federal Reserve Open Market Committee (FOMC) has ended its Policy Meeting for January, allaying the fears that inflation is still taking a toll on the economy and the need to cut interest rates.. For the first time, the Feds are convinced inflation is no longer a menacing threat, with the “upside risks” […]
Pepe Coin Price Forecast: Will Extreme Volatility Signal Major Sell-Off?
Pepe coin price forecast: Pepe, a cryptocurrency inspired by internet memes, has experienced a significant decrease in its market value. Currently, the Pepe price is at $0.00000704. This represents a drop of over 4.92% over the past 24 hours. The dip in Pepe’s price is part of a larger downward trend affecting the meme coin […]
India Budget 2024 Highlights: Taxes, Spending & Deficit, Infrastructure & Investment
India’s Finance Minister Nirmala Sitharaman’s budget speech was just for 58 minutes as this was an interim budget ahead of elections looming in the next few months. The new government will present a full-fledged budget around July. The 2024-25 budget is more focused on economic growth and modern India by 2047. The plans are people-centric […]
What Will Be My Portfolio if Render (RNDR) hits $20?
Amidst volatility in the cryptocurrency market, Render (RNDR) holds potential in crypto investing. Priced at $7.70, its ability to surge to $20 sparks curiosity among investors. This article delves into three hypothetical investment scenarios, for investors to envision the potential impact on their portfolios. Market Performance of Render (RNDR) Price Over the past day, Render […]
Bitcoin’s Coveted $88,000 Peak In 2024 Holds Despite Powell Scattering Hope For March Rate Cut
Bitcoin turned bloody on Wednesday following the announcement of interest rates by the Federal Open Market Committee (FOMC) and remarks by Fed Chair Jerome Powell on the expected rate cuts in 2024. Forced to put up with the disappointing news, some investors reacted by selling BTC, resulting in a drop below $43,000. According to Powell, […]
Binance Founder Changpeng Zhao To Face Probation Or 3-Year Prison Sentence?
Speculations are rife in the crypto market as the sentencing of former Binance CEO Changpeng Zhao looms. Dubbed CZ in the industry, Zhao’s potential prison term of up to 36 months has stirred discussions in the crypto market. Meanwhile, as the hearing commences later today, the outcome remains uncertain, with prosecutors pushing for a sentence […]
US Manufacturing Output Signals Delay in Rate Cuts; Will Crypto See a Downturn?
Crypto markets might have to brace for a dented investor sentiment in the future. In a disappointing turn of events, the US manufacturing output data came in higher than expected on Thursday. The data further cemented the idea that the Federal Reserve might take a step back before cutting rates in the future. US manufacturing […]