The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar The proclaimed ‘Dog Father’ of meme coins, dogecoin (DOGE), has shown a substantial […] Source CryptoX Portal
Authorities from the US and UK are reportedly investigating $20 billion worth of crypto assets sent to a Russian crypto exchange platform. According to a new report by Bloomberg, anonymous sources familiar with the incident say that officials from the US and UK are looking into the matter as part of a crackdown effort against those evading sanctions to support Russia and Russian President Vladimir Putin. The report says that the digital assets in question flowed through Moscow-based crypto exchange Garantex as the stablecoin Tether (USDT). However, Garantex was already…
Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of processing 100,000 transactions per second while maintaining a low average transaction fee of $0.0002, according to its website. Since its inception, the Venom Blockchain has experienced significant growth, with a market capitalization surpassing $5.2 billion…
Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team launching the Venom Blockchain for Web3 application. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of processing 100,000 transactions per second while maintaining a low average transaction fee of $0.0002, according to its website. Since its inception, the Venom Blockchain has experienced significant growth, with a market capitalization surpassing $5.2 billion and a trading volume exceeding…
Shiba Inu has gone on various price spikes in the past few months amidst a surge in activity and interest in the meme coin. This price movement has prompted traders and analysts to ponder on when SHIB can reach the much coveted $0.0001 mark, a price level which it has largely failed to reach despite the impressive price action. Micheal_EWPro, a crypto analyst, posted an analysis on when SHIB could potentially reach the $0.0001 price level. According to him, the current dynamics could push SHIB above $0.0001 in June. Interestingly,…
With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain. Venom Blockchain Market Cap Soars Venom operates as a foundational Layer 0 blockchain network, equipped with dynamic sharding and a proof of stake (PoS) consensus method. Designed to offer a scalable and efficient infrastructure, this advanced blockchain platform is tailored for the development of diverse products. It seamlessly bridges governmental…
With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain. Venom Blockchain Market Cap Soars Venom operates as a foundational Layer 0 blockchain network, equipped with dynamic sharding and a proof of stake (PoS) consensus method. Designed to offer a scalable and efficient infrastructure, this advanced blockchain platform is tailored for the development of diverse products. It seamlessly bridges governmental…
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […] Source CryptoX Portal
Authorities from the US and the UK are investigating cryptocurrency transactions traversing Russian exchanges. Recent revelations suggest that over $20 billion in crypto transfers have been flagged for investigation. According to a report by Bloomberg, the suspicions revolve around Moscow-based Garantex and its use of the Tether cryptocurrency. At the center of the scrutiny is Tether, a dollar-pegged stablecoin. The sizable volume of transactions sent through Garantex using Tether has raised red flags, prompting regulatory bodies to delve deeper into potential sanctions evasion and illicit financial activities. Tether Holdings, the…
Bitcoin, celebrating its 15th anniversary, marks a significant milestone in cryptocurrency’s evolution. While Bitcoin pioneered this market, it has now expanded to include thousands of diverse tokens collectively valued in trillions of dollars, showcasing the dynamic evolution of the cryptocurrency ecosystem. As the cryptocurrency market continues to grow, investors face the challenge of navigating this vast and varied landscape effectively. While the appeal of comprehensive exposure to the cryptocurrency market is strong, achieving this goal presents hurdles around liquidity, wallet management, allocation weightings, and ongoing portfolio maintenance through market cycles.…