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India is getting serious about its own digital currency, the e₹, and it’s not looking too kindly at Bitcoin and other cryptocurrencies. The Digital Rupee: A Safer Alternative? The government believes the e₹ is a much better option than private cryptocurrencies. They say it offers all the benefits of crypto, like faster transactions and lower…
Get Rewarded for Your Purchases Yoroi Wallet, a popular Cardano wallet, has teamed up with Bring, a platform that lets you earn cryptocurrency cashback when you shop. This means you can now earn ADA, Cardano’s native cryptocurrency, just by making purchases at over 775 retailers worldwide! How it Works When you shop at participating retailers,…
Dogecoin, the popular meme coin, is showing some interesting patterns that have crypto analysts buzzing. A Familiar Pattern? One analyst, Trader Tardigrade, has noticed that Dogecoin’s price movement is mirroring a pattern seen back in 2020. He’s seeing three “higher lows” in the price chart, which he believes could lead to a significant breakout, similar…
Scroll, a leading zero-knowledge rollup for Ethereum, has launched its own token, SCR, to thank its community and build a more decentralized future. Recognizing the Community’s Efforts The SCR token will be distributed to Scroll contributors through airdrops and reward programs. The initial airdrop will go to: On-chain activity participants: Those who have actively used…
Dogecoin’s Potential Breakout A trader who accurately predicted the Bitcoin crash in May 2021 is now bullish on Dogecoin (DOGE). Known as Dave the Wave, he believes DOGE is forming a bullish pattern that could send it to $0.20. He even thinks it could reach its all-time high of $0.73 during this cycle. Bitcoin on…
A new paper from the European Central Bank (ECB) has sparked outrage in the Bitcoin community, with one veteran calling it a “declaration of war.” ECB Paper Slams Bitcoin The ECB paper claims that Bitcoin has strayed from its original vision and now exists solely to extract value from those who don’t own it. The…
Arthur Cheong, the CEO of DeFiance Capital, thinks decentralized finance (DeFi) is the hottest sector in crypto right now. He says DeFi has the “biggest product-market fit” because it’s finally maturing. DeFi’s Comeback Cheong says that DeFi has been through a rough patch, with lots of hacks and unsustainable projects. But he believes that the…
The TON network, a blockchain project, has seen a significant drop in its daily active users. According to IntoTheBlock, a crypto analytics firm, the network currently has around 1.58 million users, down from a peak of over 5 million. What’s Going On? The decline in user activity is a bit of a head-scratcher. While the…
Coinbase, a major cryptocurrency exchange, is stepping up its fight with US regulators by demanding more information about how they’re handling crypto. Coinbase Wants to Know How Regulators Are Treating Crypto Coinbase’s legal team has filed two new Freedom of Information Act (FOIA) requests, aiming to get a clearer picture of how regulators are approaching…
Michael Saylor, the CEO of MicroStrategy, has stirred up a hornet’s nest in the Bitcoin community with his recent comments about custody and regulation. Saylor’s Argument: Big Institutions Are Safer Saylor claims that Bitcoin is safer in the hands of regulated institutions like BlackRock, Fidelity, and JP Morgan than with individual holders. He argues that…
