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Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians … Read more
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy. Coinbase Publishes Q2 2024 Earnings and Shareholder … Read more
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years. … Read more
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 … Read more
In the past week, the value of $APU has plummeted by nearly 40%. Despite this sharp decline, data from iCrypto reveals that Smart Money investors are actively purchasing $APU. One notable transaction comes from Wallet 0x6901. Three days ago, this wallet acquired 40 million $APU tokens, valued at approximately $37.56K. This wallet has a win … Read more
Tron ($TRX) has recently outpaced Ethereum ($ETH) in daily transaction volume, recording up to 7 million transactions daily. This surge highlights Tron’s growing use in areas such as gaming, entertainment, and decentralized applications (DApps). In comparison, Ethereum handles over 1 million transactions per day, underscoring its widespread application in decentralized finance (DeFi), non-fungible tokens (NFTs), … Read more
MANTRA, a security-first RWA Layer 1 blockchain, is revolutionizing the industry by offering a permissionless blockchain tailored for permissioned applications. It provides built-in modules, SDKs, and APIs, enabling the creation, trading, and management of regulatory-compliant Real World Assets (RWAs). According to data from IntoTheBlock, an impressive 93% of $OM token holders are currently in profit. … Read more
$NEIRO on Ethereum (@neiro_ethereum) has recently crossed the $100 million market cap milestone, but its growth is heavily influenced by insider control. A staggering 78% of the supply was sniped at launch and distributed across multiple wallets, making it challenging to trace ownership and profits. $NEIRO on ETH (@neiro_ethereum) is heavily controlled ⚠️ 78% of … Read more
The Solana meme token $FWOG recently experienced a dramatic 73% drop after its top three major investors liquidated their positions and took profits. This significant sell-off caused the token’s value to plummet in a short period, shaking the confidence of many holders. Among the notable traders, one address, known as Smart Money 5CQD2…psn2j, made headlines … Read more
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching goal being to bring inflation down to the … Read more