The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform. Blockchain protocol Fantom (FTM) announced on Twitter that it has released a gas monetization feature that will enable its developers to receive 15% of the gas commissions generated. With this groundbreaking development, Fantom is set to revolutionize the landscape of decentralized application (dApp) development and incentivize developers to build innovative solutions on...
Read More »Stellar Lumen (XLM) Price Could Surge If It Clears $0.090
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is attempting a fresh increase from the $0.085 zone against the US Dollar. XLM price is now trading above $0.0880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0888 on the 4-hour chart (data feed via Kraken). The pair could...
Read More »Ripple Price Analysis: Upside Break Looms At $0.485
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.485 level against the US dollar. The price is now trading above $0.470 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.4640 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...
Read More »Stably Launches Bitcoin’s First BRC-20 Stablecoin
Stably – a stablecoin-as-a-service provider and fiat to crypto on-ramp – has launched the first-ever dollar-pegged stablecoin issued directly on the Bitcoin blockchain. The token, Stably USD ($USD) is based on the emerging BRC-20 token standard around which many Bitcoin-based memecoins popularized earlier this month. Stably USD and the Meme Economy Per a tweet from Stably on Thursday, Stably USD is redeemable 1 to 1 for USD collateral managed by its custodian, Prime Trust,...
Read More »Bitcoin Taps $27K, Solana Soars 5% Daily (Weekend Watch)
Unlike the previous few weekends, this one is turning out to be more positive for bitcoin, which spiked to over $27,000 earlier today. The altcoins also trade in the green today. SOL is among the most notable gainers, with a 5% surge that helped it reclaim $20. BTC Above $27K Last week didn’t go all that well for the primary cryptocurrency, especially after the latest rejection at $27,500 recorded on Tuesday. The bears took complete control of the market in the following few...
Read More »Formula One Ticket Provider Platinum Group Unveils NFT Tickets for Sunday’s Monaco Grand Prix
The NFT tickets will be minted via the Ethereum scaling layer two blockchain Polygon (MATIC). The sixth race of the 22-round season for the Formula One (F1) Grand Prix held in Monaco over the weekend has attracted the attention of crypto enthusiasts. Furthermore, as a country within the European market, which recently passed the Markets in Crypto-Assets Act (MiCA) legislative standards, it is bound to attract significantly higher crypto enthusiasts during the F1 event. As a result,...
Read More »Guilty Pleas in Coinone Case: Defendants in South Korea Admit Charges
The legal process is going on, with the next hearing scheduled for June 6th. On May 25th, broker Ko Mo and former Coinone listing director Jeon Mo pleaded guilty to several charges during their first hearing before the judge. According to local media, Ko Mo was accused of soliciting and delivering up to 6 million won in cryptocurrencies and cash to Jeon Mo and Kim Mo. Jeon, on the other hand, was accused of receiving payments in cryptocurrencies and cash totaling 1.92 billion won ($1.51...
Read More »Bank of Brazil Includes 14 Participants in Its CBDC Pilot
The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions. Banco Central do Brasil (the Central Bank of Brazil) plans to include more participants in its digital currency scheme. The list, released by the bank on May 24, includes the names of all the participants with whom the CBDC digital real is set to launch. The final list of 14 participants was compiled from 36 bids submitted by individuals and collaborating entities, totaling...
Read More »Bitcoin Cash Analysis: Risk of Fresh Drop to $105
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $115 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $115 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....
Read More »Is It Too Late to Buy Bitcoin? 5 Best Altcoins That Could Explode Instead
Bitcoin is around 60% since the turn of the year, and while that doesn’t necessarily signal the end of the crypto winter, it’s a sign that investors who have been holding off on the world’s largest cryptocurrency may have missed their chance to buy in while it was undervalued. However, there are still plenty of explosive opportunities in the crypto market for investors who are willing to look beyond Bitcoin. We’ll take a closer look at Bitcoin’s price and highlight 5 emerging...
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