Crypto News

Welcome to the World of Cryptocurrency The Rise of Stablecoins Have you heard the news? Circle, the company behind one of the leading stablecoins, has just minted a whopping $250 million worth of USDC today, on February 7. This is big news in the world of cryptocurrency, as it signals a significant inflow of US…

WazirX Announces Wallet Migration for Fund Recovery Process The Background In July 2024, WazirX, a popular cryptocurrency exchange, suffered a high-profile hack that resulted in the loss of significant funds. Despite efforts to track down the perpetrators and recover the stolen assets, the funds have yet to be retrieved. The Latest Development Recently, WazirX made…

Bitcoin ETFs Face Outflow as Ether ETFs Continue to See Inflows Bitcoin ETFs experience a net outflow of $140 million Fidelity’s FBTC sees majority of outflow Bitcoin exchange-traded funds (ETFs) have recently witnessed a net outflow of $140 million, with a significant portion of the outflow stemming from Fidelity’s FBTC. This turn of events has…

Bonk Token Sees Significant Decline Despite Token Burns Cryptocurrency Market Update Despite massive token burns, Bonk (CRYPTO: BONK) is down 30% over the past week. The current price of Bonk is $0.00001755 with a market cap of $1.35 billion. The 24-hour trend shows a decrease of 0.3% and the 7-day trend is down by 32%….

Tether’s Expansion Plans Beyond Crypto Introduction With billions in excess reserves, Tether, the popular stablecoin issuer, is now looking to accelerate its expansion into sectors beyond crypto. A recent report has revealed Tether’s ambitious plans to diversify its offerings and enter new markets. Expansion Into New Sectors Tether’s move to expand beyond the realm of…

Stellar XLM Taking on AVAX: A Closer Look at the Recent Surge The Rise of Stellar XLM If you’ve been keeping an eye on the cryptocurrency market recently, you may have noticed that Stellar (XLM) has been making waves. In the last 24 hours, XLM has garnered significant investor interest, with many believing that the…

How SOL’s Price Fluctuations are Keeping Us on Our Toes What a Rollercoaster Ride! Wow, talk about a wild ride in the cryptocurrency market! SOL, the native cryptocurrency of Solana, has had investors holding their breath as its price took a steep nosedive to $187 on February 3. But fear not, as SOL staged an…

Ripple CEO Brad Garlinghouse Considered for U.S. Crypto Advisory Council A Potential Game Changer for XRP Price Ripple CEO Brad Garlinghouse is reportedly being considered for a major role in President Trump’s U.S. Crypto Advisory Council, a move that has crypto enthusiasts buzzing. With the potential to shape crypto policies, many are now wondering if…