Injective burns protocol revenue weekly, reducing token supply and increasing deflation, especially after the INJ 3.0 upgrade. With high protocol revenue and consistent burns, Injective maintains strong deflationary pressure and prepares for new upgrades in 2025. While many blockchain initiatives are still finding their footing at the start of the year, Injective is accelerating with … Read more
Oh no, the crypto market is down and keeps dipping even after a small recovery. A series of unfortunate events, including statements and actions by Argentina President Javier Milei, have contributed to this fall. Milei and Hayden Davis with LIBRA did us a reverse Midas touch and liquidated even big retail players. Today, the crypto … Read more
Did you see that LIBRA launched a week ago with backing from Argentinian President Javier Milei? He initially made several posts supporting it but later deleted them, withdrawing his endorsement. It turns out there’s a good explanation. A group of so-called grifters, mostly based in Los Angeles, USA, known as Vape Cabal on “Crypto X,” … Read more
A prominent figure in the XRP community, WrathOfKahneman (WOK), recently shared his insights on two approaches to investing in XRP. The two strategies highlight different perspectives on how to approach the asset, focusing on adoption and its utility within the XRP Ledger (XRPL). Approach One: Betting on XRP Adoption Beyond Ripple WOK pointed out that … Read more
The regulator’s cases against Coinbase and Binance are on shaky ground following the creation of the Crypto Task Force.
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue.
Ever wondered how many Bitcoins pop out of the blockchain each day? Spoiler: it’s not as random as you’d think. Roughly 450 new Bitcoins are mined daily, which is around 18.75 BTC per hour. This number then gets sprinkled across miners worldwide who are solving complex algorithms. But what does this mean for weekly, monthly, … Read more
Microstrategy, now rebranded as Strategy, confirms its massive 478,740 BTC holdings, staying committed to its bold bitcoin strategy despite market fluctuations and shifting financial maneuvers. Strategy Holds Firm With 478,740 BTC Software intelligence company Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has disclosed that its bitcoin holdings remain at approximately 478,740 BTC. The company’s … Read more
Federal Reserve (Fed) Bank of San Franciso President Mary Daly noted on Tuesday that prospects of further rate cuts this year remain murky in the face of policy uncertainty despite an overall positive lean to US economic factors. Key highlights The US economy is in a good place. GDP growth and the labor market are … Read more
The FTX collapse was painful for many creditors, causing mental distress and underscoring the dangers of keeping crypto on centralized exchanges.