Author: Sana Ali

Discover the groundbreaking partnership as Bank of Korea and BIS join forces for the Korean Wholesale CBDC Pilot. Stay updated with the latest developments in central bank digital currencies. Seoul, South Korea – In a groundbreaking move, the Bank of Korea (BoK) has announced its collaboration with the Bank for International Settlements (BIS) to embark on a wholesale central bank digital currency (CBDC) pilot program. This ambitious project, set to reshape the landscape of digital currencies, is aimed at serving as a settlement mechanism for tokenized deposits initiated by commercial banks. The partnership also marks the BIS’s exploration of the…

Shiba Inu’s journey, marked by hurdles and hope, unfolds as SHIB’s price prospects hint at a possible revival in the cryptocurrency realm. Delve into the dynamics shaping Shiba Inu’s resurgence and the challenges it faces, in this concise exploration of its cryptocurrency trajectory. On Thursday, SHIB, like many other cryptocurrencies, began to show indications of a potential recovery. This resurgence coincided with Bitcoin’s rebound, reclaiming support at $26,000 and extending its uptrend to $26,400. Shiba Inu briefly touched $0.00000768, sparking optimism among traders who had their sights set on the elusive $0.00001 threshold. However, this bullish momentum proved ephemeral, as…

Shibarium achieves 600k wallets milestone, with 705k transactions and 5-second block time. Marking significant growth, it continues to offer efficient blockchain solutions in the Shiba Inu ecosystem. The world of cryptocurrency is once again in the spotlight as Shiba Inu’s native token, SHIB, grapples with price fluctuations, while the Shiba Inu ecosystem’s layer two solution, Shibarium, reaches new milestones. Investors are closely monitoring the situation as they seek to stay profitable in a market filled with uncertainty. SHIB Price Wobbles In Search For Support In recent days, SHIB price has faced considerable challenges, struggling to regain support at the $0.000008…

Binance, the prominent cryptocurrency exchange, is mulling over a complete withdrawal from the Russian market due to sanctions pressure and allegations of facilitating fund transfers. This step aims to distance the exchange from potential illicit financial activities, reflecting its cautious response to mounting international scrutiny. Amidst growing tensions on the global stage and increasing economic sanctions targeted at Russia, Binance, the world’s foremost cryptocurrency exchange, is currently in the process of evaluating a full departure from the Russian market. This strategic decision is prompted by the company’s aim to distance itself from allegations pertaining to its potential involvement in facilitating…

HashKey’s recent offerings are sparking optimism for a rebound in the prices of Bitcoin and Ethereum, breathing fresh hope into the cryptocurrency market. In a groundbreaking maneuver that holds the potential to reshape the cryptocurrency landscape, HashKey, a well-known crypto exchange headquartered in Hong Kong, has revealed plans to introduce BTC/USD and ETH/USD trading pairs, catering to both retail and professional investors. This strategic move is geared towards broadening access to digital assets and revitalizing the cryptocurrency sector, which has been wrestling with an extended bearish trend. HashKey Exchange Expands Trading Avenues To Enhance Inclusivity HashKey Exchange’s official blog post…

XRP Advocate’s Insight on Economic Shift Amidst Mortgage Rate Surge. Delving into potential consequences, the advocate highlights the interconnectedness of economic trends and digital assets. The cautionary stance prompts considerations for stakeholders within the XRP community and beyond, emphasizing adaptability and vigilance in uncertain times. Amidst the tumultuous backdrop of surging mortgage rates in the United States, economic analysts are on high alert for potential shifts in the financial landscape. In a recent tweet that raised eyebrows across the financial sphere, Charlie Bilello, the Chief Marketing Strategist, highlighted a startling trend that paints a vivid picture of the changing economic…

Ethereum’s monumental milestone: Record-breaking ETH 2.0 deposits coincide with a decline in perpetual futures open interest. This intricate interplay highlights Ethereum’s evolution and market dynamics, symbolizing a critical phase in its transition and shaping its future trajectory. Ethereum’s Transition Gains Momentum with Unprecedented Lockup, While Perpetual Futures Market Faces 13-Month Low[City], [Date] – In a significant turn of events for the cryptocurrency world, ETH has achieved a groundbreaking milestone with the Total Value locked in the ETH 2.0 Deposit Contract soaring to an all-time high of 28,019,877 ETH.This achievement stands as a testament to the increasing confidence in Ethereum’s ongoing…

Amidst the Ripple vs. SEC legal battle, top executives Brad Garlinghouse and Chris Larsen signal their readiness for a Q2 2024 trial. This pivotal development holds significant implications for the ongoing dispute over XRP’s regulatory status, capturing the attention of the crypto community and financial observers worldwide. In an unexpected turn of events in the ongoing legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s prominent figures, Brad Garlinghouse and Chris Larsen, have conveyed their readiness for a trial set for the second quarter of 2024. This development coincides with the intensifying dispute surrounding the…

Binance’s alteration of its zero-fee Bitcoin trading program raises concerns of a renewed market downturn. The impending changes set for September 7 have ignited apprehensions of decreased trading volumes and potential selloffs in the cryptocurrency market, echoing the impact seen earlier this year. Crypto investors brace for impact as Binance announces changes to its zero-fee Bitcoin trading program. August 24, 2023 – In a move that has sent shockwaves through the cryptocurrency community, Binance, the world’s largest crypto exchange, has revealed its intention to modify its zero-fee Bitcoin trading program. This decision, set to take effect on September 7, has…

Author Simon Dixon unveils astonishing intricacies within the $4.7 billion Celsius Network settlement, unveiling claims of deceit and clashes with regulators. Dixon’s revelations illuminate the platform’s decline, emphasizing the immediate necessity for transparency and ethical conduct within the cryptocurrency domain. In a stunning turn of events, Simon Dixon, the founder of Bank To The Future, has unleashed a barrage of startling revelations concerning the $4.7 billion settlement involving cryptocurrency lender Celsius Network. The once-lauded platform, founded by Alex Mashinsky, is now embroiled in controversy as investors learn about alleged misleading practices and regulatory entanglements. https://twitter.com/SimonDixonTwitt/status/1691879490836680750 Author’s Insights Reveal Celsius Network’s…