South Korea’s economy is showing signs of distress as the national currency, the won, has plunged to its lowest level in 15 years against the U.S. dollar. Currently valued at 1,448.9 won to the dollar, this devaluation has led many market participants to gravitate towards the USDT stablecoin, raising alarms about potential financial turmoil. Ki…
London, UK, December 19th, 2024, Chainwire Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions. Magic Ramp allows Euros to be sent from any bank account and…
The cryptocurrency and blockchain sectors continue to evolve as major players announce strategic developments aimed at addressing scalability, regulatory compliance, and user experience. From Deutsche Bank’s push to integrate blockchain technology with regulatory safeguards through its Project Dama 2 initiative to Lens’ $31 million funding round for scaling its SocialFi-focused layer-2 blockchain, these moves show…
Shiba Inu (SHIB) was among the worst performers, trading 5.5% lower on Thursday as the broader market reeled from the Fed’s latest policy decision. The increased concerns of inflation and a 25-bp rate hike from the central bank dampened investor sentiments, affecting meme coins as well. The Fed’s move to hike rates was anticipated, but…
Home » Journal » Here’s Why Movement (MOVE) Price Could See a 50% Jump Soon—Analysts MOVE has been on fire lately, climbing more than 16% in 24 hours while most other cryptocurrencies are down. Looking at the charts and market data, MOVE seems to be in…
South Korea’s economy teeters on the brink of crisis as the won plunges to a 15-year low against the dollar. The won fell to 1,448.9 against the dollar, prompting major players to flock to the USDT stablecoin amid fears of a financial crisis. Ki Young Ju, CEO of CryptoQuant, draws parallels to the IMF crisis…
CRV faces liquidation pressure, but stolen tokens complicate market evaluation. Bearish indicators suggest potential further declines for CRV in the short term. Long-term outlook remains optimistic, with CRV predicted to reach $1.75 by 2030. Curve DAO Token (CRV) faces significant market pressure following a recent liquidation event. According to PeckShieldAlert data, an address labeled Michael…
The price of Bitcoin mining machines in Shenzhen, China has increased sharply, rising by 30% compared to last year, driven by the recent rise in Bitcoin prices. Bitcoin Mining Machine Prices Soar in Shenzhen Amid Bitcoin Surge Mining equipment manufacturers and distributors in Shenzhen report increasing demand, with buyers coming mainly from Russia, the United…
For decades, fútbol’s ecosystem has upheld a status quo that leaves fans disconnected—without a voice, a stake, or a meaningful way to be part of the game they love. Despite fútbol’s global popularity, there has been no unified platform that truly empowers fans or brings them closer to the sport in transformative ways. Founded by…
Navigating the dynamic worlds of stock trading and Bitcoin trading has been an exhilarating journey for me, filled with valuable lessons and exciting successes. Over the years, I’ve honed my strategies to tap into these vibrant markets, discovering that a blend of patience, research, and adaptability isn’t just beneficial—it’s essential. In this article, I’ll share…
November witnessed a significant boost in Solana decentralized application (DApp) ecosystem, driven by a surge in memecoin activity and the blockchain’s decentralized finance (DeFi) applications. Explosive Growth in Solana DApp Revenue According to Syndica, a research platform focused on blockchain analytics, Solana-based DApps collectively earned $365 million in November. Among these, the memecoin launchpad Pump.fun…
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve’s hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week. This retreat coincided with the sell-off of other coins like Bitcoin (BTC) and Solana (SOL). Despite the price…
Victoria, Seychelles, December 19th, 2024, Chainwire BETY.com is enhancing the online gaming and betting landscape by integrating blockchain technology and hash algorithms to create a transparent, secure, and open gaming experience. The platform addresses long-standing challenges in traditional casinos, such as fairness and credibility, by providing a decentralized and verifiable gaming ecosystem. Bety.com’s Blockchain Technology…
On December 18, Solana-based meme coin Fartcoin hit a new all-time high (ATH), briefly pushing its market capitalization beyond the $1 billion mark. The surge came amidst a slump in the broader crypto market caused by pressure from the U.S. Federal Reserve announcing a 25-basis point rate cut, coupled with projections of fewer rate reductions…
11h55 ▪ 3 min read ▪ by Eddy S. For this holiday season, Cointribune teams up with Genezys to launch a unique initiative that combines reading, crypto, and a passion for MMA. Until December 24, 2024, participate in the Read to Earn lottery for a chance to win a pair of Venum gloves signed by…
Join Our Telegram channel to stay up to date on breaking news coverage A crypto trader managed to turn $712 into $3.95 million in less than a day trading a new Solana meme coin by the name of Unicorn Fart Dust (UFD). The massive gains come after the new token’s price surged over the last…
Bitcoin Price Surge: BTC Mining Machines’ Huge Sales Bitcoin Price Surge Impacts Cost of Mining Machines Bitcoin price has recently surged to high levels. So has the price of Bitcoin mining machines in China, with there being a significant number of buyers from Russia alone. The recent spike in the Bitcoin price has sharply driven…
Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its…
Bitcoin miner MARA Holdings announced that it has bought 15,574 BTC with a total value of $1.53 billion, bringing its total number of Bitcoin held to 44,394 BTC, making the firm the publicly traded company with the largest reserves of Bitcoin. Bitcoin Miner MARA Buys 15,574 BTC for $1.53 Billion In a filing to the…
Exclusive Holiday Promotion Offers Traders the Chance to Celebrate in Style with Big Rewards Apia, Samoa, DEC. 19 – As Christmas and the New Year approach, there’s no better way to end the year than celebrating with your loved ones in a tropical paradise. Leading cryptocurrency exchange Phemex is excited to announce an exclusive opportunity to enjoy…