Category: Crypto

Stellar (XLM) posts 25 percent weekly gains. Stellar and XRP have some similar features that could have propelled XLM higher. The recent bullish price run by XRP is positively affecting the price of its rival Stellar (XLM). XLM has posted over 17 percent weekly gains and is up 4.91 percent over the past 24 hours.…

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The Russian central bank and the Ministry of Finance have together undertaken the decision to facilitate crypto use in cross-border payments. Russia’s Deputy Finance Minister said that people outside Russia have started using digital wallets making it an ideal time to grant this facility to the Russians as well. In the latest development, Russia has…

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Gabriel Nicolaev, one of the world’s most successful businessmen, is launching his own virtual cryptocurrency, together with the world’s best blockchain developers. He is the founder and CEO of CyCOIN, which will be the most powerful cryptocurrency in the system of blockchain. CyCOIN is the safest crytpocurrency in the world with the most advance blockchain…

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Cardano makes history by launching Vasil hard fork, which is expected to bring improvements to make the blockchain more scalable and cheaper. Crypto analysts believe the upgrade could act as a bullish catalyst for ADA, but the overarching macroeconomic landscape muddles the token’s near-term outlook. After multiple delays, Vasil is finally here. On Thursday, Cardano’s…

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Source: Wit Olszweski – Shutterstock Now, the Chamber of Digital Commerce intends to file its brief by September 26. Notably, an “amicus curiae” is usually instituted by an individual or group that is not a party to a case. A Southern District Court in New York has approved a request by the United States crypto…

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BONE attracts immense buying pressure as the Shibarium beta testnet draws close. BONE will be the governance token in the Shibarium layer-2 network. BONE, one of Shiba Inu’s native tokens, surged by 20 percent today to set a new intra-day high of $1.37. BONE’s price keeps rising as investors pile up buying pressure on the…

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Leading enterprise-grade blockchain-as-a-service provider ParallelChain Lab has secured $50 million in financing from GEM Digital. The funding will aid the team in expanding its high-performance and censorship-resistant approach. GEM Digital Limited (GEM) sees merit in how ParallelChain approaches the blockchain-as-a-service industry model. With the help of the Bahamian digital asset investment firm – known for…

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As Bitcoin comes under selling pressure in the current macro environment, some altcoins witnessed higher social interest. Ripple’s XRP rallies as traders expect a positive settlement between Rupple and the U.S. SEC. Over the last week, the broader crypto market has come under selling pressure amid monetary tightening by the Federal Reserve. As this happens,…

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On September 21, State Proofs became available on the Algorand blockchain which is said to be a reason for the price surge. Silvio Micali, the co-founder of Algorand believes that this initiative preserves the safety of the blockchain against quantum attacks in addition to allowing decentralized bridges with other blockchains. The bearish trend continues in…

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Ethereum (ETH) is currently grabbing 20 percent of the market share of the total staked market cap of digital assets. The regulatory focus on staking has intensified recently after the Merge upgrade of Ethereum. Cryptocurrency staking has been gaining traction over the last few years due to the attractive yields offered. With the Merge update,…

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