Indian Official: De-Dollarization Remains Distant, Rupee Should Become Dominant Currency
India’s oil and gas minister says de-dollarization is a long way away. The official emphasized his desire to conduct all transactions in rupees, expressing his wish for the Indian currency to become “the lead currency in the world.” Indian Official
Toncoin Up Over 8% In The Last Week – How Far Can It Climb?
In the rapidly evolving world of cryptocurrencies, Toncoin (TON) has recently emerged as a focal point of discussion due to its notable price surge of over 8% within the past week. This increase has ignited renewed interest in cryptocurrency and…
US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows
The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the…
Tether CTO stays silent on Bitcoin mining locations
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that.
Economist Peter Schiff Warns of ‘Full-Blown Financial Crisis’ Hitting US Economy Before Fed Reaches Inflation Target
Economist Peter Schiff has warned about an impending “full-blown financial crisis” that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial crisis will force the Fed to…
Robert Kiyosaki Explains Why Investors Should Buy Silver — ‘Who Can’t Afford 1 Silver Coin’
Rich Dad Poor Dad author Robert Kiyosaki has outlined the reasons why investors should consider purchasing silver. He emphasized that despite the affordability of silver coins, most people still prefer to “save counterfeit fake…
PEPE Price Spikes 10% Following Community Address On Rumored Rug Pull
The value of PEPE, one of the most promising assets in the second quarter of 2023, has been faltering in recent weeks. According to CoinGecko data, the meme coin has been in a 33.6% price decline in the last 14 days. The PEPE price took a…
Tornado Cash Co-Founder Roman Storm Released on Bail
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations…
PEPE Whale Exits After Making Over 54,000x Gain And $1.73 Million In Profit
One of PEPE’s early adopters is officially out after making over $1.7 million in profit, translating to a 54,725x gain in less than six months. In a tweet shared by Lookonchain on August 26, the meme coin trader bought 1.69 trillion tokens…
Shibarium Launch Proves Positive As Shiba Inu-Based BONE Celebrates New Milestone
Following its temporary shutdown, Shibarium has made a comeback and relaunched. This release of the layer 2 blockchain has pushed the BONE price upwards, recording new milestones for the token. Shibarium Relaunch Ignites Bullish Trend For BONE…
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands…
AVAX Dump Continues Despite Puma/Roc Nation Sneaker Launch On Avalanche
AVAX, the native currency of the Avalanche blockchain, is trading at new 2023 lows at the time of writing on August 26. Trading at $10, the coin is down 55% from 2023 highs and roughly 25% alone in August 2023. At this pace, AVAX has not only…
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed…
Base Chain TVL Surpasses Cardano As Interest Swells
Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development. Base TVL And Trading Volume…
DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to…
Shiba Inu Nears Make-Or-Break Resistance Barrier – What Awaits Traders?
The price of Shiba Inu (SHIB) remains entrenched in the red zone, failing to gain momentum even with the much-anticipated return of the ecosystem’s layer 2 solutions protocol, Shibarium. Led by the renowned developer Shytoshi Kusama, the…
How can the synergy of AI and blockchain disrupt the music industry?
While AI-generated songs are flooding the music market, blockchain technology can ensure transparency and ethical standards are maintained within the industry.
Judge to hear Sam Bankman-Fried's defense against 4M pages of newly released evidence
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried's counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence.
$6.4 Million Lost In Latest Base-Native DeFi Protocol Rug Pull
Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6.4 million worth of assets. This event represents the latest troubling incident on the Base network in…
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%…
Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price
A massive 30,000 BTC was transferred into unknown wallets over the past week, leading many investors to wonder about the current outlook concerning Bitcoin. When big money moves into cold storage, it reduces selling pressure because it often…
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on…
Solana Price Analysis: Imminent $16 Correction On The Horizon?
Solana (SOL) has captured the attention of investors and analysts as its price charts form a distinctive falling wedge pattern. This technical formation, often seen as a potential trend reversal indicator, has stirred discussions about the future…
This Ethereum Metric Has Sparked Centralization Concerns Over ETH Ownership
Crypto blockchains are designed to be fully decentralized so that no single person or group has control. However, new data has shown that the top 10 Ethereum addresses control over 35% of the total ETH supply. For a network that was designed to be…
This is an opinion editorial by Spencer Nichols, Product Marketing Associate at Bitcoin Magazine and host of The Cosmic Bitcoin Podcast.Folk music artist Oliver Anthony took the internet by storm with a video of his song “Rich Men North of…
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards…
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