The Mexican Peso steadies against the US Dollar ahead of Wednesday’s US CPI release, which may guide Fed expectations. The US and Mexico prepare for trade talks, scheduled to take place in Canada on Wednesday. USD/MXN pauses above 19.00 with US-China trade talks limiting the pair’s gains. The Mexican Peso (MXN) is trading flat against … Read more
Société Générale-Forge, the crypto arm of French financial services company Société Générale, has launched a new US dollar-pegged stablecoin. According to a June 10 announcement, the stablecoin, dubbed USD CoinVertible (USDCV), will be issued on the Ethereum and Solana blockchains. US-based financial services firm Bank of New York Mellon will act as the custodian for … Read more
Bitcoin has officially completed 30 consecutive days trading above the $100,000 mark, marking a historic milestone in its 15 year journey. Bitcoin achieved its all time high (ATH) of $111,980 on May 22, almost hitting $112,000. In the last 30 days, Bitcoin saw a 10 percent pullback right after reaching its ATH, dropping to $100,428. … Read more
A recent social media post by President Santiago Peña announcing the enactment of bitcoin as Paraguay’s legal tender, shook the crypto community. Nonetheless, this turned out to be a scheme by attackers who gained control of the account and tried to take advantage. Attackers Compromise Paraguay’s President X Account, Announce Bitcoin as Legal Tender Paraguay … Read more
Franklin Templeton, an investment management company with $1.53 trillion in assets under management, has debuted a feature that offers investors yield down to the second when holding tokenized assets. According to a Tuesday announcement, the “Intraday Yield” feature will allow investors to accrue yield proportional to the time they hold a tokenized security, even if … Read more
An analyst has suggested that a confluence of fundamentals and bullish technical indicators is potentially forming a “perfect storm” for XRP to reach the $10 mark. Reaching this level would represent a 336% rally from XRP’s price of $2.29 as of press time. Indeed, the move will be massively bullish, considering that XRP has struggled to establish … Read more
As voters head to the ballot boxes to cast their choices for candidates in the Democratic and Republican primaries in New Jersey’s race for its next governor, funds from crypto traders and interest groups don’t seem to be as much of a factor as they were in the 2024 federal races. According to filings with … Read more
The votes are in and the Data Ownership Protocol (DOP) community seems to have made its vision for the project abundantly clear. DOP’s proposed tokenomics reset — which was introduced earlier this year — was approved with an overwhelming 96% majority, with 732.7 million tokens voting in favor of the motion (against just 23.3 million … Read more
The Survivors Netflix Netflix has been on something of a roll with its mystery series as of late, from the 100% scored Secrets We Keep to the newly Emmy-submitted Dept. Q. Now, a new series has arrived from Australia that also has a 100% Rotten Tomatoes score. That would be The Survivors, a new series … Read more
There were significant developments in the crypto mining sector throughout May. From the US to Russia, strategic moves and new hardware launches of major players were among the notable headlines in the sector. Riot Platforms Launches First Major BTC Sale of the Year US-based crypto mining company Riot Platforms announced that it sold 475 Bitcoin … Read more