Crypto News Center

Konami, Creator of Metal Gear Solid, Joins NFT Arena with Avalanche Launch

Konami partners with Avalanche to launch Resella, a platform simplifying NFT creation and trading, supporting Japanese yen, and planning global expansion. Resella aims to bridge traditional gaming and web3, enabling digital experiences like using in-game NFTs as event tickets or unlocking exclusive content. ‘Pixels’ Chapter 2 introduces substantial upgrades to Ethereum-based games, focusing on long-term player engagement and resolving past issues. The interconnection of gaming and blockchain is ever-increasing with...

Top Crypto News This Week: Ripple Stablecoin, Grayscale XLM Trust, FIFA NFT Game, and More

This week’s crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple’s Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM’s 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA’s new NFT game.  Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio. Here are the top...

Bitcoin Flash Crash to $90k Wipes Out Over $1 Billion in Leveraged Positions

Bitcoin surged to US$103,900, fell to US$90,400 overnight, and then recovered to US$97,898. In the last 24 hours, total liquidations reached US$1.04 billion, with US$578.6 million from Bitcoin alone. Market volatility is high, evidenced by a drop in the Fear and Greed Index from 84 to 72. Analysts see potential for broader Bitcoin adoption, influenced by market dynamics and regulatory developments. Following yesterday’s surge to US$103,900 (AU$161,727), Bitcoin took a...

Bitcoin dips to $53K after Bank of Japan’s rate hike, Ether follows drop as global market panic ensues

Crypto selloff accelerates as global markets react to Bank of Japan rate hike and Fed uncertainty. Key Takeaways Bitcoin and Ether have significantly declined, with Bitcoin at $53K and Ether losing all year-to-date gains. Japan's rate hike has had a cascading effect on global markets, including significant drops in the Nikkei and Nasdaq. Bitcoin and ether prices plummet amid a broader market selloff, with BTC falling to $53K and ETH...

Crypto Growth Secrets: 5 Coins for High Returns in 2024

The crypto market is buzzing with action as we move into 2024. Bitcoin’s price keeps flirting with new highs, Ethereum’s updates promise to reshape decentralised finance, and rising stars like Qubetics ($TICS) are turning heads with their unique offerings and explosive growth potential. While volatility is the name of the game, it’s also what makes crypto such an exciting space for high-return investments. Among the standout players, Qubetics is making...

Solana’s Pump.fun Blocks UK Users After FCA Warning 

Pump.fun, the Solana blockchain-based meme coin launchpad, has restricted access for UK users. This decision, announced on Friday, follows increasing regulatory pressures and warnings from the Financial Conduct Authority (FCA).  The FCA recently cautioned that Pump.fun might be operating without proper authorization. FCA Continues to Probe Unregistered Crypto Platforms Since its launch earlier this year, Pump.fun has seen some notable success with tokens like PNUT and WIF. These projects are...

Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger

Ripple's new stablecoin is being tested on Ethereum and XRP Ledger. RLUSD isn't tradeable yet as it still has to get regulatory approval. Ripple, the enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said on Friday that it begun testing its stablecoin on the Ethereum (ETH) mainnet and XRP Ledger. "Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners," the...

Stablecoin Market Hits $190B As Yield-Bearing Alternatives Gain Traction

This week, the stablecoin market cap reached a new milestone, surpassing $190 billion and breaking its previous record from April 2022. The surge coincides with Bitcoin hitting all-time highs and the overall cryptocurrency market cap soaring to $3.4 trillion, underscoring the rapid adoption of stablecoins in the digital finance ecosystem. Tether, the largest stablecoin issuer, continues to dominate the market, minting an additional $1 billion in USDT yesterday. Since November...

Arthur Hayes Offloads $ATH At A Loss Amid LayerZero Integration Announcement

Renowned crypto investor Arthur Hayes has been actively selling his $ATH holdings, even at a loss. An hour ago, Hayes transferred 2.951 million $ATH (valued at $174,000) to Bybit and sent an additional 30 million $ATH (worth $1.77 million) to wallet 0x75b, likely bound for exchanges such as Bybit and OKX. Between August 15 and September 27, Hayes accumulated 116.63 million $ATH at an average price of $0.065 per token....

XRP Price Prediction: Evaluating Its Potential to Hit $1

The market’s down today—Bitcoin is at $61K, and Ethereum, XRP, and Solana are slipping between 4% and 7%. The global market cap dropped 4.76% to $2.19 trillion, but trading volume is up 10.72%. SEC-Ripple settlement updates have influenced XRP’s price throughout July. Due to this speculation, XRP rose from $0.599 to $0.655 within hours, indicating investor interest. XRP’s price dynamics remain under focus despite its correction. Famous crypto trader Goomba...