India and Russia to Enhance Trade With Rupee-Ruble Payments

India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With a significant trade deficit favoring Russia, both nations seek to diversify trade beyond oil and create … Read more

Major Sell-Off And Unexpected Surge: The $ONDO Rollercoaster

On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.” This trader initially bought $ONDO in the ~$0.25 range and sold a portion as the price doubled. However, he reinvested at the peak, buying in … Read more

Iran Backs Russia on BRICS Single Currency Initiative

Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate … Read more

US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages

U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages. Her remarks followed major system failures linked to Crowdstrike, which impacted multiple sectors and have been described by some as “the largest IT outage in history.” Bitcoin’s Stability Highlighted During Major System Outage U.S. Senator Cynthia Lummis … Read more

Smart Traders Pile Into $MOG As Token Continues To Break All-Time Highs

In the ever-dynamic world of cryptocurrency, $MOG has been a standout performer, breaking its previous all-time high (ATH) two days ago and continuing its upward trajectory with new ATHs. Despite its high price, $MOG remains a hot commodity among smart traders, who are actively accumulating the token. According to data from icrypto.ai, several smart wallets … Read more

$FIGHT Soars 7500% In Two Days: Early Investors Reap Huge Rewards

In a remarkable turn of events, the meme cryptocurrency $FIGHT has skyrocketed by 7500% over the past two days, offering substantial gains for early investors. Those who bought in within the first two hours are seeing significant returns as interest in the token surges. According to on-chain data, 10 Smart Money wallets and 56 Smart … Read more

Q2 2024 Crypto Fundraising Report: Infrastructure and DeFi Sectors Dominate

The crypto fundraising landscape in Q2 2024 saw remarkable activity, with 521 projects successfully raising over $3.563 billion. This represents an increase from the previous quarter’s 469 projects, highlighting growing investor interest. Notably, 141 projects did not disclose their raised amounts. Top Fundraisers and Sector Breakdown The Infrastructure sector led in both total funds raised … Read more

BNB Chain Q2 2024 Financial Report: Market Data Shows Strong Growth Despite Income Dip

The BNB Chain’s Q2 2024 financial report reveals mixed results, with a slight underperformance in the income statement compared to the previous quarter. However, the market data tells a more positive story. BNB Chain Market Data Highlights Despite the income dip, BNB Chain’s circulating market capitalization grew by over 50% quarter-over-quarter and an impressive 95% … Read more

Bitcoin Holdings By Large Wallets Reach 2-Year High Amid Market Dynamics

Wallets holding 10 or more Bitcoin have collectively reached their highest level of holdings since two years ago. This milestone comes in the wake of significant changes in the cryptocurrency market, including a remarkable 226% increase in Bitcoin’s market value. Speculation abounds that FTX was actively suppressing cryptocurrency prices in the second half of 2022. … Read more

Nigerian Instagram Celebrity Could Face Jail Time for ‘Spraying’ National Currency

Nigerian Instagram celebrity, Pascal Okechukwu, has pleaded not guilty to three counts of abusing naira banknotes. The charges against Okechukwu relate to three incidents in which he allegedly tampered with or “sprayed” NGN500 banknotes. Another Nigerian celebrity, Oluwadarasimi Omoseyin, received a six-month prison sentence for the same offence. Nigerian Authorities Clamp Down on Naira ‘Spraying’ … Read more