In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea. The increase in Korean won-denominated trades has been […]
Unicorn – A ‘90s Nostalgia Meme Blockchain with Present-Day Airdrop Gains
Unicorn is the first layer-1 meme blockchain, breathing new air into the memecoin landscape. The project seeks to empower meme lovers everywhere by bringing them from established networks onto the same platform. Here, they can form communities and challenge each other in a claim competition with incremental airdrop bonuses. Not all crypto enthusiasts are hardcore […]
Ethereum Price Stuck Near $3K, Indicators Show Risk of Downside Break
Ethereum price is still facing many hurdles near $3,200. ETH could start another major decline if the price stays below $3,200 and $3,280. Ethereum is struggling to recover above the $3,200 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]
Over 1,000 Attendees: YGG Pilipinas Kickstarts Roadtrip in Lipa
A Community That Shows Up: Eloisa Panganiban of Synergy Guild shares insights on the activities from the recently held Batangas leg of the YGG Pilipinas Roadtrip.
Magic Square Integrates 1inch Swap API, Announces Launch of Swap Competition
April 16th, 2024 –– Web3 App Store Magic Square has announced its integration of the 1inch Swap API, and with it, the launch of a $SQR Swap Competition valued at $25,000 – designed to reward users for their active participation and transactions. The integration brings to Magic Square users the unrivaled swap conditions offered by […]
Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst
Blockware Solutions analyst Mitchell Askew says fears around post-halving Bitcoin mining profitability are baseless as crypto miner stock prices have tumbled.
Energy-Guzzling Crypto Mining Faces Ban: Norway’s Crackdown
Norway, renowned for its stunning fjords and progressive environmental policies, is taking a firm stance against energy-intensive crypto mining. In a recent announcement, Minister for Energy Terje Aasland highlighted the government’s determination to steer clear of such ventures. According to reports from local news outlet VG, Norway’s government is gearing up to introduce a new […]
BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would rely on the possibility of smart contracts managing these assets programmatically. BIS Boss Highlights […]
Ethereum Price Volatility Continues Amid Speculation and Regulatory Uncertainty
Ether (ETH) the digital currency specific, to the Ethereum blockchain faced a price decrease dropping by 21% between April 9 and April 14 hitting a low for the 50 days. This descent led Ether to dip to $3,086 sparking concerns about the strength of the $3,000 support level particularly following Ethers inability to surpass the […]
Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?
Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair […]