monacla.com

Florida Senator Joe Gruters argued that the state “should have access to tools such as Bitcoin to protect against inflation.”

Cryptocurrency analyst and trader Ali Martinez has unveiled on-chain data showing that over the past few days, whales have wiped a staggering half a billion XRP off the cryptocurrency market. During that time, top 10 cryptocurrency XRP saw a massive 13% decline, letting whales buy the dip. 520 million XRP scooped up in just days … Read more

Hip hop mogul and self-proclaimed billionaire Kanye West wants to chat with Coinbase CEO Brian Armstrong about purchasing crypto “without a middle man,” according to a Friday post by the rapper on X. It’s unclear if West currently owns any crypto, but back in 2014, he took legal action against an early memecoin project dubbed … Read more

In a significant development, Maryland State Delegate Caylin Young has introduced “Strategic Bitcoin Reserve Act of Maryland.” The latest move reflects a growing trend among U.S. states to diversify their financial assets into digital currencies, recognizing Bitcoin’s potential as both an investment and a hedge against inflation. Notably, Maryland is proposing to create a Bitcoin … Read more

Dogecoin price has been consolidating around the $0.25 support level amid recent market corrections. Despite attempts, the cryptocurrency has struggled to break the $1 mark. The broader crypto market continues to face bearish trends, which have impacted DOGE’s upward momentum. Investors are questioning whether the digital asset can hit $1 in February. Dogecoin Price Eyes … Read more

As Utah became the first state to get a bill through a legislative chamber that would allow the investment of public money into crypto assets, lawmakers in two other states joined the hunt this week: Kentucky and Maryland. Though broadly identified with the Republican-led charge toward a so-called “bitcoin strategic reserve” at the federal level, … Read more

A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now … Read more

Over the past week, a notable shift in the Toncoin ($TON) market has caught the attention of analysts and traders alike. A massive transfer of 1.43 million TON from whale wallets has raised concerns and piqued the curiosity of market watchers. With such a significant movement of Toncoin, the cryptocurrency community is keenly observing how … Read more

In a sharp turn of events, a crypto whale has sold 8,500 ETH, raising speculations about the asset’s direction. In recent weeks, sideways traders dominated crypto assets within the ETH price outlook, slipping below resistance levels. However, Ethereum bulls saw buying opportunities like most market dips, making new low entry points ahead of anticipated inflows. … Read more

Crypto investment magnate Barry Silbert is betting big on decentralized AI, calling it “the next big era of crypto” that could be bigger than even bitcoin. In a letter to shareholders of his crypto conglomerate Digital Currency Group, Silbert went long on deAI: the crypto industry’s effort to fuse AI innovations with blockchain tech. He … Read more