The Avalanche Foundation, responsible for the development of the Avalanche network, has announced its plan to acquire a collection of meme coins as part of its “Culture Catalyst” program. Read: Meme coin < 30 seconds 🫣 🤑 The foundation will select Avalanche-based meme coins for its collection based on various criteria. These include the number […]
The surging popularity of Ethereum staking since major network upgrades has engendered trade-offs around centralization and declining yields, according to analysts at JPMorgan. In a research note, the Wall Street Bank highlighted the rapid growth of liquid staking protocols like Lido, which now control over 30% of staked Ether. While adding diversity, Lido’s prominence still […]
Blockchain payments firm Ripple announced Tuesday it has received a full license to operate as a major payments institution from the Monetary Authority of Singapore (MAS). The approval allows Ripple to continue local operations after receiving initial in-principle approval in June. In a statement, Ripple CEO Brad Garlinghouse said the full license demonstrates Singapore’s balance […]
Bitcoin (BTC) has surged past the $28,000 mark, marking its highest price point in over a month. This remarkable rally is attributed to several factors, primarily the growing optimism surrounding exchange-traded funds (ETFs) and the prevailing seasonal trends in the crypto market. The $28,500 level has historically played a pivotal role in Bitcoin’s price action, […]