Crypto news

TL;DR Polkadot partnered with Founder Institute to launch a Web3 cohort and introduced Asynchronous Backing to enhance scalability. Some of its parachains, such as Acala Network and Moonbeam Network, have also made notable advancements in security, governance, and community engagement initiatives. Summary of the Latest Developments Polkadot’s ecosystem continues to advance due to frequent improvements in its operations and vital partnerships. Most recently, the blockchain...

Bitcoin keeps touching new levels of adoption in the real world, with traditional finance (TradFi) firms embracing the digital asset at a remarkable pace. The significant investment in spot Bitcoin exchange-traded funds (ETFs) signifies growing institutional interest in crypto assets. Last quarter, a staggering number of U.S. banks, investment managers, hedge funds, and professional firms bought spot Bitcoin ETFs, as seen in their 13F filings with the Securities and Exchange...

The cryptocurrency trading landscape has long been complex, with enthusiasts facing various challenges. From converting crypto to fiat to limited accessibility, crypto has faced challenges.  RCO Finance is a pioneering force in this vast landscape, aiming to revolutionize trading with its groundbreaking AI-powered platform.  RCO Finance provides an accessible interface for users to exchange their coins for cash. With this AI-powered decentralized trading platform,...

Bitcoin had a quite positive trading week in which it gained over six grand and skyrocketed to its highest price tag in almost a month of over $67,000. Most altcoins also followed suit, with SOL, AVAX, BCH, LINK, and many others registering double-digit gains. BTC Calms at $67K Bitcoin had retraced to just over $60,000 last Friday, but the bulls managed to defend that psychological support level during the weekend. Moreover, the asset started to climb on Monday and jumped to...

TL;DR PEPE hit a new all-time high on May 15 with a market cap nearing $5 billion, making it the third-largest meme coin. It could become the leading asset in its realm if it maintains its price momentum, gains community support, and receives influential endorsements (according to ChatGPT). What Are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it...

By examining the processing speed of the largest blockchain networks in terms of total value locked on DeFiLlama, CoinGecko outlined the fastest based on the actual and realized transactions-per-speed (TPS) metric. The report concluded that Solana leads the way, followed by Sui and the Binance Smart Chain. Interestingly, Ethereum and Bitcoin are not even in the top 15. Solana’s World Despite its several outages in the past few years, the Solana blockchain has emerged as the...

While Solana sees an uptick in institutional backing and Cardano forecasts suggest an impending price rise, BlockDAG is fast becoming a superior option for investors. BlockDAG recently dazzled in the cryptocurrency arena with a striking showcase at Piccadilly Circus for its CoinMarketCap listing and announced a significant $100 million liquidity strategy to solidify market stability and bolster investor confidence.  This innovative approach and strong market...

The recent U.S. inflation data indicating a 3.4% increase in consumer prices from last year has sparked optimism in the cryptocurrency market. Bitcoin (BTC), Ethereum (ETH), and other altcoins like ALGT are poised for a potential surge in prices.  BTC surged to $64,492, supported by bullish signals above key EMAs, while ETH rose to $2,960.94. Analysts anticipate further gains, with BTC eyeing the $69,000 resistance level and ETH aiming for $3,033. The...

The cryptocurrency landscape is marked by both burgeoning opportunities and significant challenges. As Coinbase grapples with legal disputes that underscore the volatile nature of digital currencies, Bitcoin Cash gears up for potential growth spurred by its anticipated halving event. Amid these dynamics, BlockDAG capitalizes on its innovative blockchain and Directed Acyclic Graph (DAG) technology integration, aiming for long-term dominance in the market....

Hong Kong police have taken into custody three employees of a currency exchange shop who are suspected of engaging in fraudulent activities. This followed an incident where a customer at the shop reportedly encountered stacks of “hell money” before executing a cryptocurrency transfer worth approximately HK$1 million. Hong Kong Authorities Arrest 3 for Crypto Fraud On Wednesday, Hong Kong’s technology crime division apprehended three individuals aged between 31 and 34. The...