Ethereum Average Transaction Fee Plummets: What It Means for ETH Price
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- March 21, 2024
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HSBC partners with FCF Pay, enabling customers to pay mortgages and loans with cryptocurrencies like SHIB and XRP, signifying growing crypto adoption. Key Points Blockchain payment system, FCF Pay, has announced a groundbreaking partnership enabling customers of HSBC, one of the largest global banking and financial service firms, to pay their mortgages and loans using cryptocurrencies. This partnership allows the …
Continue ReadingXRP’s Open Interest Plummets by 60% as Bearish Sentiment Prevails in Crypto Market The crypto market continues to experience a bearish sentiment, and XRP is not exempt from the downturn. XRP’s open interest (OI) has declined by 60% since its peak in July when it reached a value of $1.19 billion. This decline in OI follows XRP’s gains after Ripple …
Continue ReadingWhatsApp conversations between Celsius Network founders revealed alleged manipulative tactics to artificially boost CEL token’s price, leading to legal charges and concerns about the platform’s transparency. Key Points In an astonishing development, a series of WhatsApp conversations between the founders of Celsius Network have shed light on alleged manipulative tactics involving the price of the company’s native token, CEL. Keith, …
Continue ReadingBybit, the world-renowned cryptocurrency exchange, has joined forces with artist Rik Oostenbroek to launch the highly anticipated Velocity Series NFT. This groundbreaking collaboration brings together Bybit, Oracle Red Bull Racing, and digital artists to combine technology and artistry in a groundbreaking way. In a nutshell, here are the key points: 1. Bybit and Rik Oostenbroek collaborate for the Velocity Series …
Continue ReadingStanford University has decided to return a substantial donation from cryptocurrency exchange, FTX, due to arising ethical concerns related to the source of the funds. Key Points Stanford University, known for its academic excellence and cutting-edge research, has made a bold move by deciding to return a significant donation received from cryptocurrency exchange, FTX. The decision was prompted by concerns …
Continue ReadingHong Kong’s SFC is cracking down on unregistered crypto platforms post-JPEX scandal, listing licensed and suspicious platforms, enhancing regulatory enforcement. Highlights: In response to the ongoing scandal surrounding the JPEX crypto exchange, the Securities and Futures Commission (SFC) of Hong Kong is firming up its stance against unregulated cryptocurrency trading platforms operating within its jurisdiction. JUST IN: Hong Kong to …
Continue ReadingFormer U.S. President Donald Trump’s arrest in Georgia has caused a significant increase in the value of his digital trading cards, also known as non-fungible tokens (NFTs). The trading volume of Trump’s NFTs has surged by an astounding 177% over the past seven days, reaching a peak of 24.1 ETH on August 25. Additionally, the floor price of these digital …
Continue ReadingSEC Officials Investigated for Potential Misconduct In the world of financial regulation, adhering to ethical guidelines is crucial. While individuals like Marc Fagel have demonstrated their commitment to integrity, it seems that not all SEC officials are playing fair. Recent investigations have revealed conflicts of interest among higher-ranking officials, raising concerns about potential criminal behavior. One of the key aspects …
Continue ReadingCoinbase, one of the leaders in the blockchain industry, has made a significant move by launching their own Layer-2 (L2) blockchain called Base. This introduction aims to address the long-standing challenges of scalability and efficiency that have been a hindrance to traditional blockchains. Base serves as a prime example of how innovation and necessity can work together to shape the …
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