Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […]
Circle Announced An End To USDC Support On Tron Blockchain
The post Circle Announced An End To USDC Support On Tron Blockchain appeared on BitcoinEthereumNews.com. Circle has announced its decision to end support for the USD Coin (USDC) on the Tron blockchain. 1/ We are discontinuing USDC on the TRON blockchain in a phased transition. Effective immediately, we will no longer mint USDC on TRON. […]
Coinbase Throws Its Weight Behind Grayscale’s Spot Ethereum ETF Approval
The post Coinbase Throws Its Weight Behind Grayscale’s Spot Ethereum ETF Approval appeared on BitcoinEthereumNews.com. The world’s second-largest cryptocurrency Ethereum (ETH) takes center stage as attention shifts largely from the spot Bitcoin ETF to the spot Ethereum ETF, scheduled to come in May 2024. As a result, the ETH price has also outshined BTC in […]
Winklevoss Twins Invested $4.9 Million In Crypto PAC Fairshake
The post Winklevoss Twins Invested $4.9 Million In Crypto PAC Fairshake appeared on BitcoinEthereumNews.com. On February 20, Fairshake Super Political Action Committee (PAC), the super political action committee raised over $4.9 Million from the Winklevoss twins. Tyler and Cameron Winklevoss are the founders of Gemini, who donated around $2.45 Million each. The same was confirmed […]
Max Keiser is predicting a financial collapse in the United States: Will Bitcoin Price Rise?
The post Max Keiser is predicting a financial collapse in the United States: Will Bitcoin Price Rise? appeared on BitcoinEthereumNews.com. While the S&P 500 and other U.S. indices are reaching new highs, this is largely happening due to the push from the top 10% of stocks. According to the Kobeissi Letter, the top 10% of […]
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters of ETH have […]
Ping Exchange’s hybrid cold storage redefines standards for crypto exchange custody
The launch of Ping Exchange signals a potential new stage in digital assets trading. The hybrid platform merges robust security protocols with user-focused asset control, setting a high bar for how exchanges should safeguard user assets. Ping’s standout feature is an unconventional model using a hybrid custodial cold storage to redefine crypto exchange security. Ping […]
ECB not convinced by ETF approval in the US, still dislikes Bitcoin
The ECB executives agree that the expectation of the spot ETF approval drove the price of Bitcoin, but they believe it could turn out to be “a flash in the pan.”
Nigerian Authorities Announces Ban on Crypto Exchanges to Save Naira
The post Nigerian Authorities Announces Ban on Crypto Exchanges to Save Naira appeared on BitcoinEthereumNews.com. In a significant move to steady Nigeria’s currency, Naira authorities have put a ban on using cryptocurrency exchanges. The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have told telecom companies to block access to crypto firms, […]
Kaidro Universe merges with Ronin Network
The post Kaidro Universe merges with Ronin Network appeared on BitcoinEthereumNews.com. Ronin Network has merged with Kaidro, an expansive platform that is essentially saturated with webcomics, games, and animation, among other things. Kaidro originated as a highly regarded online comic and now offers a substantial multimedia platform for engagement. The production studio Gadget-Bot, which is […]