Altcoins

The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it plans to make USDP available to the public on Solana starting January 17, 2024. This move marks a significant milestone for Paxos in the competitive stablecoin landscape, where rivals such as Circle and Tether are also racing for market dominance. Paxos’ Solana Expansion Paxos...

A crypto educator with a large following on X (formerly Twitter) has forecasted a 1,500% price surge for Ripple. Meanwhile, the presale DeFi token, Meme Moguls, is also seeing increased interest from investors in its presale. Crypto Educator Predicts Ripple (XRP) To Skyrocket 1,500% Ripple’s (XRP) price movement has been poor recently. Still, experts have maintained a bullish outlook, sharing upward price predictions. One such voice is CryptoInsightUK, who is known for its...

Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500. Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency. SOL Becomes 4th It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by...

Bitcoin has been a top figure in the crypto space since its inception. However, new underdogs have emerged, showing bullish price movements. This has caught the attention of Bitcoin bulls looking to add altcoins to their portfolio. One altcoin on their menu is the DeFi token, PLX, the native token of the Pullix exchange. Are Bitcoin (BTC) Bulls Tired of Waiting? Since the crypto community is gearing up for a possible announcement of a Spot Bitcoin ETF, the BTC price has been...

According to analysts at Bitfinex, crypto is undoubtedly gaining more traction globally. Moreover, considering the current state of the crypto market, especially with asset prices, it appears that even more global acceptance is on the way for crypto. Bitfinex analysts have made a bold prediction about the number of users that we might expect to see in the crypto industry come 2024. Their prediction, which was detailed in a recent report suggests that the number of crypto users may be...

Polkadot, the blockchain interoperability platform, is entering the world of gaming through a strategic collaboration with Parity Technologies and Unity Games. This partnership facilitates Polkadot’s integration with the game engine that powers popular titles such as Pokémon Go and Call of Duty Mobile. Unity Games, a leading software development kit (SDK) provider for game developers, commands a substantial 60% share of the mobile gaming market. The collaboration involves Polkadot joining...

Bitcoin cash is eyeing a fresh increase above the $240 resistance against the US Dollar. The price is now trading above the $230 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $228 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $238 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $230 against the US...

The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent...

In addition to the expected surge in crypto-related probes, the survey uncovered a noteworthy trend in the adoption of blockchain analytics tools.  According to a survey conducted by TRM Labs, 93% of law enforcement agencies worldwide are currently engaged in crypto training programs, with an overwhelming 99% expressing the urgent need to enhance their education to combat illegal activities within the industry effectively. The study titled “Tackling Crypto Crime” was carried out by an...

A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year. One of the most notable events in the crypto industry last year was the collapse of the Terra ecosystem. After Terra failed, many companies connected or exposed to it suffered losses as well. One of these was Three Arrows Capital which filed for bankruptcy in July 2022.  Now, about $1 billion in assets...