Altcoins

NFM Coin is the latest digital currency to emerge that’s all about recycling and keeping the planet safe and clean for future generations. NFM Coin Is Focused on Recycling and Energy Conservation The currency works to recycle products that are processed in the metals industry while minimizing carbon dioxide emissions. Through recycling, the coin seeks to bring certain products and materials back to life for use in future items. Necat Celik – a spokesperson for NFM Coin –...

While the Nigerian legislative body is optimistic about the country’s adoption of eNaira, there is still significant work to be done to enhance the digital infrastructure for financial practices in the country. Nigeria is witnessing an increasing adoption of its Central Bank Digital Currency (CBDC) as the country’s fiat money scarcity intensifies. Almost eighteen months after the introduction of its in-house digital token eNaira, Nigerians have begun the mass adoption of the CBDC as...

Solana price started a decent increase above the $21.50 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.00 and $25.00 to continue higher in the near term. Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could start a...

UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.  Leading decentralized infrastructure solutions developer Enya Labs has entered a partnership with Dubai Multi Commodities Center (DMCC). The collaboration between the Boba Network core contributor and DMCC seeks to further consolidate the latter’s crypto center ecosystem. By significantly supporting Boba-leveraged Web3 and blockchain business growth in Dubai, the Enya...

Zilliqa believes that launching EVM fully would help bolster its ecosystem and expose it to the wider blockchain developer community. Zilliqa, a high-throughput blockchain platform, has revealed plans to launch full EVM compatibility on its mainnet this year. This follows after the platform’s earlier launch of EVM on the Zilliqa testnet last December. According to a recent blog post, the release is slated to take place on April 25th, 2023. Zilliqa to Use EVM Compatibility for Expansion...

The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered into a strategic partnership with Stables, an Australian fintech startup to help advance stablecoin adoption in the APAC region. As reported by CoinTelegraph,...

ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.320 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.350 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.350 and $0.368 levels. Cardano price is showing positive signs above $0.320 against the US Dollar, similar to bitcoin. ADA...

Ethereum price is moving higher above the $1,700 resistance against the US Dollar. ETH price is now trading above $1,700 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,660 support zone. Ethereum price is consolidating above the $1,730 level against the US Dollar. ETH/USD could rise further if it clears the...

Are non-fungible tokens (NFTs) making a comeback? According to the recent progress of the Ordinals series, the answer might be a resounding “yes.” Ordinals Are Making Their Marks NFTs are still relatively new to the crypto space. As pixelated art tokens, they’ve often been sold for hundreds of thousands of dollars, and by the end of 2020, the space had an overall valuation that stood in the billions. Things looked great for the NFT arena, and many investors thought there...

The Securities and Exchange Commission (SEC) has been targeting several digital currency companies and individuals over the past few weeks. In the past, the agency made a case against Do Kwon, the former CEO of Terraform Labs, and now, it looks like that case has gotten even bigger. The SEC Continues Its Case Against Do Kwon Terraform Labs was the company behind the failed LUNA token, an alleged algorithmic stable currency. The situation surrounding Luna got really hairy...