Worldcoin (WLD) has recently emerged as a subject of fervent discussion especially due to its biometric data collection through retina scans. Its launch came in amid the growing interest in decentralized finance (DeFi) and blockchain technology as well as new tokens and projects constantly striving to stand out and make a significant impact. Among the voices guiding investors through the […]

In a landmark development, PayPal Holdings, Inc., a titan in the digital payments space, has taken the wraps off its own stablecoin pegged to the U.S. dollar, dubbed PayPal USD (PYUSD). This initiative marks PayPal’s strategic foray into the rapidly evolving universe of Web3 and digital-centric payments. According to PayPal’s press release, the newly minted PYUSD is underpinned by a […]

The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that it is committing up to 150 million Singapore dollars (around $112 million), to support various financial technology solutions like Web3.  In an announcement, MAS highlighted that the funds will be spent in three years under its renewed Financial Sector Technology and Innovation (FSTI) scheme. According to the announcement, […]

Cryptocurrency analysts of Coinidol.com report, the price of Quant (QNT) may fluctuate within a certain range as long as the altcoin continues to consolidate above the $100 mark. Quant long-term price forecast: fluctuation range  The price range of the cryptocurrency asset is only between $96 and $120. The price range of the altcoin is currently limited to $96 to $110. […]

Polygon (MATIC), a prominent player in the cryptocurrency market, faced a volatile journey in July, as it initially cleared significant gains but encountered setbacks that have left investors and enthusiasts eager for signs of a resurgence.  As of the latest data from CoinGecko, the MATIC price stood at $0.66, reflecting a 24-hour slump of 0.4% and a seven-day decline of […]

XRP has recently experienced a significant retracement, causing ripples of concern among some investors. This downward trend follows a rally triggered by a favorable ruling in the Ripple case. However, the U.S. Securities and Exchange Commission’s (SEC) contemplation of an appeal against the verdict has led to a decline in investor confidence and a subsequent 33% drop in XRP’s value […]

Hong Kong has issued its first cryptocurrency licenses to local exchanges, allowing them to serve retail traders as well as professional investors. This marks a significant shift in the crypto landscape in China and could have a substantial impact on the XRP market and other cryptocurrencies. The move to grant licenses to crypto exchanges HashKey and OSL enables them to […]

Bitcoin price is struggling to climb above $29,500. BTC remains at risk of more downsides if there is a close below the $28,800 support. Bitcoin is still struggling to gain pace above the $29,500 pivot level. The price is trading below $29,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near […]

Celsius’ Mashinsky motion to dismiss denied The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case. A court order issued on Aug. 4 by New York County Supreme Court Justice Margaret Chan denied Mashinsky’s motion to […]