Crypto News Center

Hard Drop in Australian Blockchain Firms’ Revealed by KPMG Report

A report on the Aussie fintech industry by consultancy firm KPMG has found that the number of local blockchain companies fell by 14% in 2024, double the rate of the broader fintech industry. KPMG has attributed the decline in blockchain firms to the lingering effects of the 2022 crypto crash, the boom in AI drawing capital away from blockchain and high inflation rates creating a difficult capital-raising environment. The report...

Gold Bug Peter Schiff Calls Bitcoin Greatest Threat to US Economic Security

Peter Schiff labelled Bitcoin a “threat to national security”, accusing it of being used to bribe government officials and misuse public funds. Despite his warnings, Bitcoin’s adoption and price growth continued to defy his predictions, including his claim that BTC would never reach US$100K.  Nate Geraci and Erik Voorhees humorously criticised Schiff’s remarks, highlighting the irony of blaming Bitcoin while ignoring larger economic issues like US$36 trillion in debt. Oh,...

Qubetics Presale Soars: $5.4M Raised & 703.5% ROI Potential | Cardano Challenges | Immutable X’s Web3 Gaming Revolution

Qubetics Presale Hits $5.4M with 703.5% ROI Opportunity | Cardano Struggles | Immutable X Revolutionizes Web3 Gaming The blockchain and crypto space is abuzz with transformative developments that promise to reshape industries and redefine investor opportunities. Qubetics, a groundbreaking blockchain ecosystem, is making headlines with innovative features like decentralised VPNs and staggering ROI potential from its presale. Meanwhile, Cardano is battling market headwinds, and Immutable X is redefining Web3 gaming...

Financial Stability Oversight Council Reveals Stablecoin Concerns

By Mark Hunter 19 hours agoTue Dec 10 2024 10:41:54 Reading Time: 2 minutes The Financial Stability Oversight Council (FSOC) has raised concerns about the risks posed by the expanding cryptocurrency market Stablecoins have been flagged as vulnerable to market runs and lacking comprehensive federal oversight FSOC has recommended new legislation to improve the regulation of crypto-assets and ensure market stability The Financial Stability Oversight Council (FSOC) has used its...

Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand

Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance against fraud and impersonation attempts as the launch approaches. “RLUSD is launching soon! Stay vigilant...

Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January

You are here: Home / News / Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January Cardano is one of the top tokens on a bullish run in the last Quarter of 2024. With its upward trend in the last few days, It is only normal for traders to lean towards investing in ADA. However, top expert analysts discovered some interesting trends that involve whales massively buying...

Why Is XRP Price Declining? ETFs and Legal Challenges in Focus

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

Pepe Price Prediction: Can PEPE Surge 10x This Bull Run as JetBolt Surge Continues

Pepe Coin (PEPE) and JetBolt (JBOLT) are making headlines as the crypto market heats up this December. Predictions suggest PEPE could reach $0.00006594 by year-end, reigniting interest in meme coins. Meanwhile, JetBolt continues to impress with its Zero-Gas Technology, eliminating transaction fees and drawing whales and reaching over 150 million tokens sold. With disruptive features that are readily available to every JetBolt holder, other whales have also been joining the...

Weekly Bull Flag Appears On XRP Price Chart, Why A Double-Digit Is Still Feasible

Crypto analyst Dark Defender revealed that a weekly bull flag has appeared on the XRP price chart. The analyst further explained why XRP could hit double digits in this market cycle following this development.  Weekly Bull Flag Appears On XRP Price Chart In an X post , Dark Defender stated that a weekly bull flag has now appeared on the weekly XRP price chart. He noted that this bull flag...

Google’s quantum chip ‘Willow’ shatters records, compressing centuries of computing into minutes

Willow performs tasks in minutes that would otherwise take 10 septillion years, paving the way for scalable quantum computing. Photo: Google’s Willow announcement Key Takeaways Google's Willow quantum chip outperforms supercomputers solving tasks in 5 minutes vs. 10 septillion years. No real-world applications have been identified yet, but potential uses for Willow span medicine, energy, and AI, including drug discovery and fusion energy research. Google has unveiled its latest quantum...