The sixth largest cryptocurrency Solana (SOL) has all chances to enter the Top 5. Solana (SOL) is threatening to replace XRP among the world’s top five leading cryptocurrencies by market capitalization, driven by an increased surge of activities within the Solana ecosystem. According to CoinMarketCap data, currently ranked as the sixth-largest token in the industry, SOL has the potential to surpass XRP’s market cap. At press time, SOL is trading around $76.91, with a market...
Read More »Lynex Integrates dLIMIT and dTWAP Protocols
Thanks to a new integration with Orbs-based dLIMIT and dTWAP protocols, users of the popular DEX Lynex can enjoy limit and TWAP orders. Popular Linea-based DEX Lynex has announced the integration of both dLIMIT and dTWAP protocols into its platform. dLIMIT and dTWAP are decentralized, permissionless DeFi protocols based on the Orbs network and both offer a plethora of benefits for Lynex users. How dLIMIT and dTWAP Benefit Lynex Thanks to this new integration, traders on Lynex can break...
Read More »Immutable Debuts New Crypto Wallet ‘Passport’ for Online Gamers
The launch of Immutable Passport comes shortly after the company introduced a new gaming solution that allows developers to build games that eliminate transaction fees. Blockchain gaming developer Immutable has announced the official release of its new wallet infrastructure, named Immutable Passport. In a recent announcement, the company revealed that Passport is an innovative universal sign-on and wallet solution designed to streamline player access to online games and marketplaces....
Read More »Coinbase Builds Runway for Mass Adoption of Crypto Assets and Web 3.0 Industry
With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for mass adoption with about 425 million global investors owning various crypto assets. Moreover, more governments around...
Read More »Affirm Expands to Self-Checkout at Over 4,590 Walmart Stores, AFRM Stock Jumps 15%
The collaboration between Affirm and Walmart is expected to increase the purchasing power during the end-of-year festive season as more shoppers can pay over time. Affirm Holdings Inc (NASDAQ: AFRM), an American financial technology company that offers buy now pay later (BNPL) services for online and in-store purchases, has announced a strategic partnership with Walmart Inc (NYSE: WMT) to expand their services during this holiday shopping season. According to the announcement, Affirm has...
Read More »SOL Price Analysis: Solana Could Extend Rally Above $75
Solana price started a fresh increase from the $67.00 zone against the US Dollar. The price is now trading above $70.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $74.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $76.50 and $78.00 to continue higher in the near term. Solana price is trading above $72.00 against the US Dollar, like Bitcoin. SOL could...
Read More »Bitcoin Price Analysis: BTC Could Rally If It Clears This Hurdle
Bitcoin price is attempting a fresh increase from the $40,500 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $42,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $43,500 resistance zone. Bitcoin price is rising from $40,500 against the US Dollar. BTC might...
Read More »Crypto Executives Raise $78M to Back Industry-Friendly US Policymakers
A group of three super PACs backed by major cryptocurrency executives and investors has raised $78 million to influence the 2024 elections and support crypto-friendly candidates. A super PAC is a political action committee that pools campaign contributions from members and donates them to campaigns for or against candidates or legislation. Crypto has caused deep division within American politics, with one side wanting to restrict and ban it and the other wanting to encourage...
Read More »Zcash Founder Renounces CEO Position
Zcash, a privacy coin built on Bitcoin tech and one of the more popular privacy-focused cryptocurrencies, will be welcoming Josh Swihart as the new CEO of its developer, the Electric Coin Company (ECC). Stepping Down For Self-Care In an article posted on Zooko’s personal Medium – which is separate from the one usually used to post Zcash-related content – the former CEO stated that the eight years at the helm of the ECC had led to a certain degree of conflation between himself...
Read More »BlackRock Bends The Knee To SEC In Latest Bitcoin ETF Filing
BlackRock has re-updated its Bitcoin (BTC) spot ETF filing with changes making key concessions to federal regulators on how shares in its fund will track the price of Bitcoin. Submitted on Monday, the asset manager’s latest S-1 form reveals that new shares in the trust can only be created using cash – a model experts deem less tax-efficient than redemptions “in kind” Bitcoin-based creations. BlackRock’s Cash Creation Model BlackRock’s change followed several updates from...
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