Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins on the continent. This raise brings Yellow Card’s total equity financing to $85 million. Digital Assets Gain Ground […] Source CryptoX Portal
Day: October 20, 2024
BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official Claims
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships. “I believe that in 2024 the vector of human development […] Source CryptoX Portal
TRON Market Cap Hits $14 Billion On Strong Revenue Growth
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Web3 Markets in Infancy, Viewed as ‘Lottery’ by Investors, Says Finance Veteran
Web3 markets remain in their early stages, with many participants viewing them as a “lottery,” according to Artur Guliński, co-founder of Orbitt. This trend is particularly evident in blockchain ecosystems where meme tokens hold significant influence, Guliński, a market dynamics and behavior focused trader, observes. According to the co-founder, these features are what currently distinguish […] Source CryptoX Portal
Crypto Analyst Sets 3 Major Targets For XRP Price This Cycle
Este artículo también está disponible en español. Renowned crypto analyst, ‘Egrag Crypto’ took to X (formerly Twitter) to unveil three critical price targets for XRP in this bull cycle. Despite XRP price experiencing persistent stagnation, the analyst has projected a major price increase as high as 4,800% for the popular cryptocurrency. Related Reading Major Resistance And Support Targets For XRP On 17 October, Egrag Crypto shared three major targets for the XRP price based on Channel B, a distinctive boundary XRP has struggled to breach for years. In the monthly…
Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%
Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based companies dominate VC deals in the crypto space, followed by Singapore, […] Original
LayerZero Under Intensified Bearish Pressure, Halting Recovery Efforts
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer volumes have […] Source CryptoX Portal
Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing Dominance
BRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent Representative to the United Nations. With major economies like China and Russia among its members, BRICS offers developing nations more favorable financial terms. Countries such as Cuba and […] Source CryptoX Portal
Dogecoin Price Flashes Sell Signal After 10% Jump, Is It Time To Get Out?
Este artículo también está disponible en español. Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and Tesla Chief Executive Officer (CEO) Elon Musk. Dogecoin Price Flashes Sell Signal Dogecoin recently caught the interest of investors after its price dramatically surged by over 10%, surpassing…