Hungary is making strides in the world of cryptocurrency by proposing a new legislative framework that would allow banks, investment funds, and asset managers to offer services in Bitcoin and other digital currencies. This initiative, set to come into effect on June 30 if approved, signifies a significant advancement in the country’s financial sector. The
Market
When it comes to the current trends in the cryptocurrency market, one cannot ignore the recent surge in the price of Shiba Inu. With a +20% increase in trading volumes amounting to $2Bn, SHIB has caught the attention of many investors. The developers of SHIB have announced the integration of an additional privacy layer on
The Wall Street Memes community is currently buzzing with excitement following a recent major burn event that resulted in 5% of the $WSM token supply being incinerated. To add to the celebrations, WSM Casino has revealed plans for a massive $1 million $WSM airdrop. This announcement has generated a lot of interest and participation from
Artificial Intelligence (AI) has been a booming sector in the cryptocurrency market in 2024, with AI-related coins experiencing significant growth and surges in value. The combined returns of AI coins have increased by 76% since the beginning of the year, showing a promising trend for investors. This surge in AI coins can be attributed to
The recent revelation that the availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased has sent shockwaves through the market. Reports indicate that at one point, only about 40 BTC were available for sale, signaling a significant shift in BTC trading dynamics. Caitlin Long, the CEO and founder of Custodia Bank, shed light
Cardano (ADA) has recently experienced a significant price breakout, reaching $0.710 for the first time since May 2022. This marks a pivotal moment for ADA, as it emerges from a prolonged consolidation phase that has been ongoing since the latter part of 2023 and the initial month of 2024. With this surge in price, ADA
Justin Sun, the co-founder of Tron, a smart contracting platform for deploying decentralized applications (dapps), has been making significant moves in the crypto market. According to Lookonchain data on February 29, Sun transferred 100 million USDT to Binance after moving substantial sums earlier in the week. This strategic maneuver indicates Sun’s active participation in the
The Chief Executive Officer (CEO) of Bitwise, Hunter Horsley, has recently made a bold prediction regarding the future of Bitcoin. Horsley is highly optimistic about the cryptocurrency’s bullish outlook, foreseeing a significant rise to $250,000 in the near future. This prediction has sparked excitement among cryptocurrency enthusiasts, as Bitcoin continues to dominate the market with
The world of gaming has been transformed by a new player in the field – Parallel. While traditional trading card games like Hearthstone and Magic: The Gathering have long held the spotlight, Parallel brings a fresh approach with its innovative gameplay and captivating space opera setting. This NFT trading card game is breaking boundaries and
Ripple recently announced a partnership with the Axelar Foundation aimed at boosting interoperability within the XRP Ledger (XRPL) blockchain. The focus of this collaboration is to advance the tokenization of real-world assets (RWAs) within the XRPL ecosystem. By integrating the Axelar network with the XRPL, the goal is to strengthen the layer 1’s DeFi ecosystem