Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc. CEO Mike Cagney, is aiming for approval from the U.S. SEC to launch interest-bearing stablecoins. Figure Introduces Interest-Bearing Stablecoins This unconventional move seeks to establish a new category of stablecoins with federal legitimacy. If successful, Figure will introduce the first stablecoin regulated […]

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the broader crypto market on Tuesday, following a significant surge in burn activity recorded. On-chain data spotlighted by Shibburn showcased a whopping 459% surge in the SHIB burn rate, nabbing substantial attention globally. Moreover, this […]

Bankrupt crypto lender Celsius Networks has been moving a very large number of its Ethereum holdings to exchanges in recent days. This unstaking of ETH and moving it to exchanges comes as part of its recovery plans amid the ongoing bankruptcy process. Celsius Moves $35 Million Worth of Ethereum In the latest insights from on-chain […]

Ripple’s XRP is in the red currently and has extended lower than the $0.53 mark. It seems like XRP’s declines wouldn’t come to a stop, however, analyst predictions suggest otherwise. A popular analyst has predicted that the XRP price is poised to rebound in the short term though it has lost over 14% in the […]

Today’s crypto market prices showed a mix of performances, with leading cryptocurrencies facing selling pressure from investors. However, recent market trends suggest a shift in investor focus toward smaller altcoins, contributing to the overall positive outlook for the crypto segment. Crypto prices have been experiencing extreme volatility today. This comes after the enthusiasm around Bitcoin […]

The price of Polygon Matic is dropping continuously at an unprecedented rate as of January third week, 2024. It is currently trading at $0.757 and has dropped by nearly 2% in the last 24 hours, as of January 23, 2024. As the new POL token came into existence, replacing the already existing MATIC token, it […]

Bitcoin has showcased sluggish price action after the approval of the first set of spot Bitcoin ETFs this month. On Monday, BTC slipped below the crucial level of $40,000 after losing 5% of its value in a day. While some criticism mounts against the SEC’s decision to approve the ETPs, opponents also get a chance to […]

The use of Artificial intelligence (AI) has nearly doubled in the last couple of years. Most publicly listed companies have some other exposure to AI-related tools and integration at present. However, according to research firm Radio Free Mobile’s founder, technology companies need to start generating a good amount of revenue from these AI tools in […]

During the recently held World Economic Forum’s annual meeting in Davos, Switzerland, Ripple CEO Brad Garlinghouse, as a member of a Panel, took a jab at canine-themed memecoin Dogecoin (DOGE), emphasizing that he is yet to discover its use case. Ripple CEO on Dogecoin’s Utility Garlinghouse expressed skepticism towards the use cases of DOGE, adding that […]

The use of blockchain has grown significantly in the last three years. The size of the global blockchain interoperability market is now on track to become worth $1.98 billion by 2032, according to a report by Spherical Insights & Consulting. Blockchain interoperability to grow significantly by 2035 According to a study by Spherical Insights & […]