Study Finds Ethereum Overpowering Its Rival Crypto, Bitcoin

Ethereum had been in the spotlight for quite some time, even though the crypto throne is still held by Bitcoin. But there is a study on both the leading digital currencies which has been prepared by experts and analysts of Australian Universities. In their report, the analysts have concluded that Bitcoin’s throne will be snatched…

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Financial Services Firm ING Plans To Enter Decentralized Finance Lending Industry

While making a presentation in the course of the Singapore Fintech Festival, ING’s chief innovation officer Annerie Vreugdenhil declared that the company is operating on a trial version of the DeFi (decentralized finance), peer-to-peer offering protocol with the Netherlands Authority for the Financial Markets. The officer reportedly discussed the development, according to Ledger Insights. He…

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Highest Valued Cryptocurrencies Continue with their Downtrend, Cardano Loses 6.89% in Past 24-hours

As the running week lands into its weekend, the situation for major cryptocurrencies still looks dull. After experiencing a slight surge in price in the past few days, the past 24-hours have not demonstrated positive performance for major cryptocurrencies. As always, Bitcoin is on top of the list with over $1.04 trillion valuations, and it…

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El Salvador Buys The Dip, Adds 150 Bitcoin To Its Holding

There is no stopping El Salvador, a South American country, from going all-in on bitcoin. The country has purchased more bitcoins as the price has dropped by 20% to below $45,000. The drop created a massive buying opportunity, which investors are currently taking advantage of. This is El Salvador’s second purchase this week. President Nayib…

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Even Dogecoin Gains Weren’t Enough in Steadying Robinhood’s Share Value, 70% Reduction since August

Robinhood is currently struggling in slowing down a massive reduction in the value of its shares. The value is decreasing continuously and has dropped by 70% lower than its all-time high value recorded in August 2021. Robinhood was originally formed as a financial service provider company. However, it also initiated trading services for the general…

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Terra’s DeFi Dollar Witnesses Increased Traction; LUNA Surges to New ATH

Briefly – LUNA price recorded a 56% surge over the past week, touching a new ATH at $67.87. The algorithmic-supported stablecoin UST is one of a kind, powering Web3 adoption. Anyswap platform announced collaborating with Terra, running a cross-chain link between Fantom and TerraUSD. As Web3 acceptance gains stem, Terra-supported LUNA touched a new ATH….

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Metaverse Holds A Lot Of Potentials – Bank Of America Official

A high ranking official of the Bank of America, Haim Isreal, has opined that the metaverse holds massive opportunities for the broader adoption of the digital asset sector. Haim made his opinion during a recent interview with a popular crypto-related podcast. Vast Potential In The Metaverse Haim further said that the metaverse would be the…

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US Senator Pat Toomey Wants To Correct Infrastructure Bill’s Language On Crypto Brokers

Pat Toomey, a US Senator, carries on confronting the infrastructure bill while also being critical regarding the stablecoin report published under the Biden Administration. He recently swore to rectify the flawed language utilized in the legislation, causing big controversy during August. He additionally condemned the newly published stablecoin report, recommending the regulation of the issuers…

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Newegg Now Supports SHIB Payments

American online retailer, Newegg, is the newest company supporting SHIB payments. The Shiba Inu token has been receiving support recently from various industries in various forms. Two days ago, the Kraken exchange announced the listing of SHIB on its exchange platform. Per an official announcement, Newegg will start supporting SHIB payments beginning this month. Newegg…

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Crypto.com Partners with Major Crypto Bank to Enable Institutions to Buy and Sell Cryptos With USD

 Prominent crypto exchange Crypto.com has announced a new partnership with Silvergate to expand banking-crypto solutions. Crypto.com revealed on Tuesday that its new partnership with the California state-chartered Bank is to allow institutional investors buy and sell crypto from the exchange using USD.  According to Crypto.com and Silvergate, bank transfers are now available for institutional clients…

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Australian Senator Expects the Country To Introduce Clear Cryptocurrency Regulations Within 12 Months

A New South Wales senator in Australia, Andrew James Bragg, recently admitted that the enthusiasts of crypto across the nation are becoming eager to acquire regulations regarding their operations in Australia. He stated that that, according to his perception, the country will develop transparent crypto regulations during the coming 12 months. Mounting demand for crypto…

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Coinbase Has Acquired India’s AI Startup To Make Its Customer Service Better

Coinbase, the biggest exchange for cryptocurrency across the US is operating on improving the consumer support thereof through making its expansion in India after having obtained a fresh startup. Coinbase officially declared on Tuesday regarding the achievement of Agara (a support venue having artificial intelligence-enabled in it, working in the USA as well as India….

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