Tag: Altcoin News

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China Hopes Hard Wallets Will Spur Digital Yuan Adoption – CBDC Focuses on ‘Elderly & Children’

A Chinese city says it is rolling out offline digital yuan “hard wallets,” with the nation targeting CBDC uptake among “elderly citizens and children.” Per Changsha Evening News, the city of Changsha, Hunan Province, has announced it will debut “elderly and children-friendly” digital yuan hard wallets. The CBDC’s adoption drive could be hampered by the…
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Crypto Exchange Listing and Delisting Announcements: June 12, 2023 – $FERC, $HABIBI, $BERC

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ AscendEXListings:Profit Blue (BLUE)Jim (JIM)OXBT (OXBT)Meme (MEME)Piza (PIZA)SATS (SATS)Oshi (OSHI)FairERC20 (FERC)… Read More: Crypto…
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Can $100 in Terra Classic Make You a Millionaire If This LUNC Burn Forecast Happens?

Terra Luna Classic (LUNC) bulls are fighting back against building sell pressure on Monday, with the cryptocurrency last up around 1.5% on the day in the $0.000089 area and up close to 15% from the fresh yearly lows printed over the weekend in the $0.000077 area…. Read More: Can $100 in Terra Classic Make You…
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XRP Price Prediction as $1 Billion Trading Volume Comes In – Can XRP 10x From Here?

The XRP price has risen by 1% in the past 24 hours, recovering to $0.516186 after a weekend in which the exit of market makers from Binance caused altcoin prices to fall by more than 25%. XRP is now down by 3.5% in the past week but still up by 20% in the last 30…
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Winklevoss Twins Predict ‘War on Crypto’ Will Harm Democratic Party

Crypto billionaire Cameron Winklevoss has warned that the ongoing war against crypto by Senator Elizabeth Warren and SEC Chain Gary Gensler would harm the Democratic party. “Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats,” the crypto boss said in a Saturday tweet. He referred to a…
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Turkey’s Economic Woes Push Investors Towards Stablecoin Tether – Here’s the Latest

As Turkey’s economic woes continue to deteriorate with lira spiraling downwards, investors are turning to cryptocurrency as a safe haven.  Local demand for Tether, the largest dollar-backed stablecoin, surged in early May ahead of the election and has remained high since, according to a recent report from Bloomberg…. Read More: Turkey’s Economic Woes Push Investors Towards…
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Cardano Price Prediction as ADA Becomes Best Performing Coin of the Day – Are Whales Buying the Dip?

The price of Cardano (ADA) has risen by 8% in the past 24 hours, with its jump to $0.282965 providing a partial correction to its steep fall over the weekend. ADA fell as low as $0.238477 on Saturday, following the SEC’s actions against Binance, which led to market makers withdrawing liquidity from the latter exchange,…
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Cardano Price Prediction as Founder Charles Hoskinson Appears to Settle Differences with XRP Community Amid SEC Crypto Crackdown – Has ADA Bottomed Already?

In the midst of the SEC’s crypto crackdown and the growing uncertainty in the cryptocurrency market, Cardano has caught the attention of investors.  Founder Charles Hoskinson’s recent efforts to bridge the gap with the XRP community have sparked discussions about the future of Cardano (ADA).  As the community eagerly watches these developments, the question arises:…
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TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust

TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust.  In early Saturday hours, TUSD started distancing away from its intended $1 peg, dropping to as low as $0.993090 before trimming losses, data by CoinGecko shows. The stablecoin is currently trading…
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Binance Faces Regulatory Hurdle in Nigeria: Ordered to Cease Operations

Binance, the world’s largest cryptocurrency exchange by trading volume, has been ordered to cease operations in Nigeria by the country’s Securities and Exchange Commission (SEC).  In a recent statement, the regulator declared the operations of Binance “illegal” in the West African nation, stating that the cryptocurrency exchange was neither registered nor regulated by the commission. … Read…
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