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The crypto trader Ali shared recent data from Glassnode via a tweet this morning. In the tweet, Ali stated that the supply for Bitcoin (BTC) continues to tighten as around 54% of the BTC supply remains unmoved for two or more years. According to the trader, this holding pattern demonstrates long-term conviction for BTC despite the recent price fluctuations. The market leader’s price has slipped again over the past 24 hours according to CoinMarketCap. At press time, BTC’s price is down 0.49% and currently stands at $29,261.97. Fortunately, the weekly price performance for BTC remains in the green at +6%. BTC was able to reach a daily high of $29,411.23 over the last 24 hours, but has since retraced to trade at its current price. Furthermore, BTC being unable to maintain a position above $29,400 may be the result of the poor trading activity in the past day. Currently, BTC’s daily trading volume is estimated to be $10,272,138,710, which is a 37.04% 24-hour drop. Daily cha...

A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough Analysis and delicate internal work by the five countries to reach a consensus,” according to Russia’s Foreign Ministry. Member Countries Discuss BRICS Expansion Maria Zakharova, the spokeswoman for the Russian Foreign Ministry, stated during a news briefing on Thursday that Russia has been holding regular negotiations with its BRICS partners regarding the group’s possible expansion, local news outlet Tass reported. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. Zakharova explained: The entire range of issues associated with this is being discussed at BRICS sherpas and sous-sherpas meetings, and, of course, this requires a thorough Analysis and delicate internal work by the five countries to reach a consensus. The Foreign Ministry’s sp...

MultiversX, formerly known as Elrond,  is a blockchain protocol that utilizes sharding to provide incredibly fast transaction rates. The project identifies itself as a technology ecosystem for the future Internet, including fintech, decentralized finance, and the Internet of Things. Its infrastructure for executing smart contracts supposedly supports 15,000 transactions per second, six-second latency, and a transaction cost of $0.001. The native token of the blockchain is called Electronic Gold (EGLD), which is utilized for paying network fees, staking, and rewarding validators. By holding and staking EGLD, users have the ability to cast votes on network enhancements and are rewarded with freshly minted EGLD in proportion to the amount staked. Let’s now take a detailed look at MultiversX’s operations and its native token, EGLD. Moreover, this article will conduct a comprehensive Analysis of EGLD and forecast the price for 2023, 2024, 2025, 2026, till 2050. Table of ...

Rich Dad Poor Dad author Robert Kiyosaki has warned of economic chaos, a war breaking out, hyperinflation, and rising starvation. Commenting on de-dollarization on a “massive scale,” he stressed: “It’s a weaponization of our U.S. dollar against the world … It’s all coming down fast right now.” Robert Kiyosaki on De-Dollarization on ‘Massive Scale’ The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more dire predictions about the U.S. economy, the dollar, and global economic chaos. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold in over 51 languages across more than 109 countries. During his Rich Dad radio show, which aired last week, Kiyosaki discussed de-dollarization with Andy Schectman, CEO of Miles Franklin Precious Metals Investments. Schectman began by highlighting recent events that led to what he describ...

Now, US Dollar Coin (USDC) stablecoin users can transfer their tokens between Ethereum and Avalanche without going through a third party. That became possible after the stablecoin issuer, Circle, implemented the Cross-Chain Transfer Protocol (CCTP) on the mainnet. On Wednesday, April 26, 2023, Circle announced it implemented the CCTP protocol to solve the issues of liquidity fragmentation and poor user experiences caused by unofficial, bridged versions of USDC floating around the ecosystem. According to the announcement, apps built on the newly launched CCTP can teleport native USDC from one chain to another. 1/ Today marks a new milestone! Cross-Chain Transfer Protocol (#CCTP) is now on mainnet for @Ethereum and @Avax. https://t.co/ExIAWywNGt — Circle (@circle) April 26, 2023 Circle noted that one of the aims of the CCTP implementation is to provide users with a capital-efficient way to transact in a multichain world. Before now, users could not transfer USD...

Also Read: Ripple Moving Out Of U.S. After Coinbase CEO Drops Hint? advertisement 108 Mln XRP On The Move As per the data provided by WhaleAlert, crypto whales have moved around 180 million XRP (approx worth $82 million) in multiple transactions over the past 24 hours. The biggest transaction recorded by the tracker has been of moving 108.9 million XRP tokens (approx worth $50 million) among unknown wallets. XRP price has dropped by over 2% in the last 24 hours. This dip has allowed crypto whales to accumulate 42 million XRP tokens in a single transaction. More than $19.34 million worth of XRP tokens were bought from the Bitso crypto exchange. However, whales were also caught dumping XRP tokens amid the price drop. As per the data, 28 million XRP tokens (approx worth $13 million) were moved by a whale wallet to the Bitstamp crypto exchange. Read More XRP News Here… Trending Stories ETH Price Prediction: New ...

Building the best Stablecoin USDD The KuCoin team was very proud to announce the new listing as part of their big project going live on the platform. The USDD spot trading for both the pairs listed is already available. Additionally, the platform supports the TRC20, BEP20, and ERC20 networks for USDD deposits. Trading and Withdrawal transactions were available since 10:00 on May 17, 2022 (UTC). This is a positive step ahead for the team towards building the best Stablecoin USDD. advertisement “Together we #BUIDL the best #StableCoin $USDD, ” they tweeted. Pegging USDD to solidify as a true settlement currency TRON DAO reserve is initiated by the TRON network to protect the overall crypto and blockchain industry in the event of a crisis. The reserve issued and manages the permissions of the decentralized USD (USDD) to maintain price stability. They claim various use cases for the crypto. According to the release, USDD will be pegged to the USD ...

In a tweet made this morning, the blockchain tracking firm Lookonchain shared that there has been a fair amount of deposits and withdrawals for Ethereum (ETH) over the last 24 hours. According to the post, there was a total of 88k ETH deposited and 32.6k withdrawn from exchange platforms in the past day. Lookonchain’s latest tweet also highlighted the trans action activity of one particular whale, which had withdrawn 16,989 ETH from OKX, Bitfinex, Bitstamp and Kraken exchanges collectively. The whale then proceeded to stake 16,800 ETH. The price of ETH has risen 2.36% over the last 24 hours according to CoinMarketCap – taking the altcoin leader’s price to $1,867.04 at press time. There has also been an increase in the crypto’s daily trading activity. Currently, the total 24-hour trading volume for ETH is estimated to be $8,927,787,616, which is a 12.22% increase in the past day. 4-hour chart for ETH/USDT (Source: TradingView) ETH’s price has been able to rise a...

Various bank and payment gateway accounts associated with companies engaged in the HPZ Token fraud, a cryptocurrency scam with connections to money laundering, have had Rs 91.6 crore (916 million) frozen by the Indian Enforcement Directorate (ED). The ED had recently conducted searches on suspicious accounts belonging to these companies. According to sources within the ED, the bank and payment gateway companies under investigation are not themselves accused in the HPZ Token fraud case. Rather, their premises were searched to obtain information regarding the suspicious accounts maintained by the companies implicated in the scam. In a press release issued on Monday, the ED disclosed, that the previous week’s search was related to an investigation into the misuse of the app-based token called “HPZ” and similar applications by various entities, specifically those controlled by Bhupesh Arora and his associates. The release also stated: The previous week...

The Syrian foreign minister says the U.S. imposes sanctions on Syria and Russia to steal their assets and keep them under its hegemony. The U.S. is “the biggest beneficiary of wars and fueling global conflicts, with the aim of maintaining the dominance of the dollar in the global economy and trade,” said a Russian official. US Sanctions Aimed at Stealing Assets and Keeping Targeted Nations Under Its Hegemony, Says Syrian Official The Syrian Minister of Foreign Affairs and Expatriates, Faisal Mekdad, met with Alexander Yakovenko, the Rector of the Diplomatic Academy at the Russian Foreign Ministry on Thursday. During their meeting in Damascus, Mekdad slammed the U.S. and its Western allies for imposing unilateral sanctions on his country and several other nations, according to the Syrian government-controlled news agency, SANA. He explained that the West is attempting to maintain its dominance over the world by creating rules that align with its own objectives and ambitio...

Join Our Telegram channel to stay up to date on breaking news coverage On the Ethereum blockchain, there is a class of digital asset known as ERC20 tokens. To ensure compatibility and interoperability across various tokens and wallets, the ERC20 standard outlines a set of requirements that all tokens on the Ethereum network must adhere to. These tokens are fungible, which means that they can all be used interchangeably and are all similar. They can serve a number of functions, such as serving as a medium of exchange, a store of value, or a utility token for gaining access to a certain good or service. Utilising hardware- or software-based Ethereum wallets, ERC20 tokens are handled and saved. These wallets offer users a safe way to transfer and receive tokens as well as store and manage their tokens. They are employed in a variety of activities, including trading, investing, and making payments. The most widely used token standard on the Ethereum network is now ERC20, which make...