The recent move by a group of Senate Republicans to restrict the Federal Reserve’s capacity to introduce a central bank digital currency (CBDC) sheds light on the lack of understanding among lawmakers about the potential benefits of digital currencies. The proposed bill, named the Central Bank Digital Currency Anti-Surveillance State Act, is a reactionary response
In the fast-paced world of cryptocurrency, investors are constantly on the lookout for new opportunities to maximize their gains. One such opportunity that has recently caught the attention of many investors is Scotty the AI ($SCOTTY), a new ICO of a dog-inspired meme coin. With the potential for gains of as much as 1989% for
In the world of cryptocurrency, new coins are constantly emerging, each hoping to be the next big meme coin to capture the attention of the crypto community. One such coin that has recently entered the scene is Frog Wif Hat Token ($FWIF). Launched on Uniswap decentralized exchange, this token has quickly made waves by pumping
Ethereum has witnessed a significant surge in its price, breaking through key resistance levels and surpassing the $3K mark. This upward movement indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3.6K as the next target. Upon closer inspection of the daily chart, it
The recent -5.3% price drop of Helium (HNT) has caused shockwaves in the DePin markets, signaling a downside in price action despite the impressive growth experienced by the network. Over the past three months, HNT has seen a notable increase of +227%, showcasing significant growth. However, with the current market price of $8.18 and a
OVERDARE, a mobile gaming platform supported by industry giants KRAFTON and NAVER Z, has joined forces with Circle Internet Financial to bring innovation to the mobile gaming sector. Through Circle’s Programmable Wallets, game content creators can easily create secure in-game Web3 wallets and receive direct USDC payouts. This collaboration aims to enhance the gaming experience
The recent surge in Ethereum purchases attributed to a wallet potentially connected to Justin Sun, the founder of TRON and CEO of BitTorrent, has stirred up a frenzy of speculation within the cryptocurrency community. With a total of 168,369 ETH, valued at around $487 million, acquired in just a span of two weeks, the scale
The Saudi Ministry of Culture, in partnership with droppGroup and Oracle, has introduced the ‘Cultural Universe,’ a national Metaverse initiative focused on exploring and celebrating Saudi culture and heritage. This groundbreaking project combines cutting-edge technologies to provide users with a digital experience unlike any other. The Cultural Universe platform offers a range of attractions and
The outflows from Grayscale’s Bitcoin Trust (GBTC) appear to be slowing down, indicating a shift in investor sentiment. This trend is reflected in the trading activity of Bitcoin ETFs, with the entire ETF cohort attracting significant trading volumes and rapid growth in assets under management. Although there was initial anxiety surrounding Grayscale’s Spot ETF, it
The recent meteoric rise of FOMO coin, with an incredible +80,114% price explosion, has captured the attention of the cryptocurrency community. This pump-and-dump scenario saw the price of FOMO coin surge to $1.19, only to crash by -74% in a matter of hours. The suspension of the project’s X account triggered panic selling among investors,
