Category : CoinJournal

CoinJournal

Venom Foundation Partners with the UAE Government to Launch National Carbon Credit System

Abu Dhabi, UAE, August 9th, 2023, Chainwire Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and...

Coinbase’s Base mainnet, featuring 100+ dApps, opens to the general public

The Base Network is built on Optimism’s software stack called OP Stack. It is a Layer 2 solution that aims to offer dApps an alternative to Ethereum. Base offers lower transaction fees and higher transaction speeds. Base mainnet, a blockchain...

13 banks to participate in Russia’s CBDC pilot program

The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations s...

Huge anticipation as Shiba Memu clocks nearly $1.7M in presale

New meme sensation Shiba Memu has raised $1.697 million Shiba Memu gears to be a sustainable meme cryptocurrency The token has a huge potential of up to 50x There is a lot of enthusiasm around the launch of a new meme cryptocurrency, Shiba Me...

Aptos Labs taps into Microsoft’s AI infrastructure to accelerate Web3 adoption

Aptos Labs has partnered with Microsoft to expand global access to Web3. Developers building on the blockchain network will leverage Microsoft’s Azure OpenAI Service to streamline and scale dApps. Aptos price rose 18% to highs of $7.92 after t...

What will happen to Ethereum’s staking yield?

Key Takeaways Ethereum completed its long-awaited Merge upgrade in September 2022 Stakers are currently earning approximately 4% APY from their Ether tokens 19% of the total Ether supply is staked, the lowest ratio of any of the leading coins Stakin...

More Ethereum users are interested in self-custody storage

Ethereum, the succeeding cryptocurrency to Bitcoin, went through many controversies and media headlines, especially since the FTX collapse or the Merge update. Although not many consider digital assets to be better than Bitcoin, Ethereum achieved muc...

Ethereum remains top dog, but woes persist in the DeFi sector

Key Takeaways DeFi has seen massive capital outflows in the last year as token prices have collapsed Trad-fi yields have also spiked while DeFi yields have fallen Ethereum has underperformed Bitcoin notably since the Merge The third quarter of 202...

Bitstamp suspends trade for seven SEC-flagged tokens

Key takeaways Bitstamp has halted trading of AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for traders in the United States. The exchange made the decision as the tokens are flagged by the US SEC as securities. Bitstamp halts trading of MATIC, six...

Here’s why Pepe and Shiba Inu prices are soaring

Pepe and& Shiba Inu prices bounced back on Wednesday as cryptocurrencies drifted upwards. Shiba Inu jumped by more than 10% in the past 24 hours to $0.000010 meaning it has soared by 62% from the lowest level this year. Pepe, on the other hand, r...

SpiritSwap announces imminent shutdown of operations

Fantom ecosystem DEX platform SpiritSwap is likely to shut its operations by early September. SpiritSwap’s troubles relate to the events that beleaguered crypto bridge Multichain. SPIRIT price was down 35% on Wednesday morning after the news....

Should you own Bitcoin, given the growing adoption of digital currencies?

Cryptocurrencies keep growing in popularity Bitcoin’s price dynamics changed with institutional investors’ adoption Bitcoin is now correlated with assets in the traditional financial market Since digital currencies exist, the industry...

AltSignals’ stage two presale tops $1.2M: Should you invest now?

Key takeaways AltSignals’ stage two presale has already raked in over $1.2 million. The presale continues to move forward despite the recent market events.& The cryptocurrency market has had a positive week so far, with the prices of...

Bitcoin miner Marathon Digital reports a disappointing second quarter

Marathon Digital reports weaker-than-expected results for its fiscal Q2. CEO Fred Thiel was still positive in the press release on Tuesday. Marathon Digital stock is currently up more than 350% year-to-date. Shares of Marathon Digital Holdings Inc...

Chancer token sale thriving as crypto fear and greed index sleeps

The fear and greed index in the crypto industry has remained in a neutral phase. Chancer, a new blockchain for the betting market, has raised over $1.2 million. Cryptocurrencies have been in a tight range since the first week of July as their d...

Exploring the bullish case for AltSignals in 2023 as presale accelerates

AltSignals has built a successful trading signal service since 2017& The platform will tilt towards an AI-led service that is expected to increase investors’ earnings $ASI has huge potential for up to 10x returns on continued use of...

Kraken listing sends Reddit community tokens to the moon

The r/FortNiteBR Bricks (BRICK) token hit a high of $0.1792 after a 443% surge today. The r/CryptoCurrency Moons (MOON) token hit a high of $0.498 after a 48% surge today. The two Reddit community tokens are rising after Kraken announced it will lis...

Bitcoin stays below $30k: Will inflation data push it higher?

Key takeaways Bitcoin has been trading below the $30k level in recent days, but favourable inflation data could push it higher. Chancer’s stage two presale is now close to the $1.2 million mark.& The cryptocurrency market has been ch...

Binance becomes first fully-licensed crypto exchange in El Salvador

Binance has secured approval as both a Bitcoin Services Provider and the first non-provisional Digital Assets Services Provider. The licenses allow the exchange to offer tailor-made crypto products and services in El Salvador, according to a press r...

Akash Network price outlook: can bulls push for $1?

Akash Network price was up 12% in the past 24 hours. The AKT/USD pair reached highs near $0.70, and needs to flip the hurdle into support to strengthen upside momentum. Hype around AI and cloud computing could add to the bullish outlook. Akash Netw...

Coinbase to buy back up to $150M of its $1B bonds

Coinbase’s partial bonds buyback targets up to $150 million of the $1 billion bonds. City Global Managers will be the offer’s dealer manager. Coinbase said on Monday that it is commencing a partial repurchase of its $1 billion bonds. Pe...

Why is Hedera (HBAR) trending?

The Hedera (HBAR) token price has increased by 16% over the past week. Hedera (HBAR) recently announced a strategic partnership with FreshSupplyCoAu to integrate with the Continuity API. The integration allows Hedera users to access Mastercard Payme...

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