Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called “TouristDigiPay” is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according…
Details have finally emerged about the $23M hack that crippled US-based crypto exchange Lykke late last year. The culprit? North Korea’s Lazarus Group, once again. With hacks like these becoming more prevalent, the need for secure, non-custodial storage becomes increasingly necessary. This is where Best Wallet shines, a solution designed to safeguard your crypto from…
TL;DR The United States Securities and Exchange Commission has provided a new update on a few of the spot Ripple ETF filings. The underlying asset has struggled in the past few days but has managed to return above a crucial support level at $3. The first update published minutes ago by the securities regulator informs that…
In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS of 107,540, according to data shared by Mert Mumtaz, co-founder of Solana developer tooling firm Helius. Solana Hits Six-Figure…
TL;DR Whales are buying Ethereum aggressively while retail holders continue to offload during the current dip. Ethereum’s exchange reserves hit 3-year lows, signaling reduced sell pressure and rising long-term confidence. The price hovers near the $4,070 CME gap, a zone that traders are watching for a breakout or reversal. Price Pulls Back Near Technical Gap…
TL;DR Binance airdrop fuels PLUME’s 18% surge as traders pile in before official listing. PLUME charts signal a triangle breakout potential with price targeting $0.143 resistance level. Over 50% of global RWA holders use Plume Network, boosting long-term blockchain demand. PLUME Surges Following Binance HODLer Airdrop Announcement Plume (PLUME) jumped 18% in the past hour…
TL;DR PENGU testing support at $0.030–$0.025 after a 21% weekly drop from $0.047 high. Analysts highlight ETF hopes, Asia’s growth, and toy demand as bullish price drivers for PENGU. NFT collection value falls 17%, but corporate adoption signals growing institutional interest. PENGU Price Pulls Back After Local High Near $0.047 Pudgy Penguins (PENGU) was trading…
Ethereum’s run toward a new all-time high (ATH) is colliding with shifting sentiment in prediction markets, where traders are recalibrating their bets on whether the cryptocurrency can cross the $5,000 milestone before the end of August. Over the weekend, users on Polymarket saw a 64% chance of ETH hitting $5,000 by month’s end. However, updated…
Larry Fink, CEO of BlackRock, turned one of the world’s leading financial institutions into a crypto powerhouse. What Michael Saylor and (Micro)Strategy did for Bitcoin treasuries, Fink did for ETFs: BlackRock’s $IBIT leads Bitcoin ETF offerings with a market cap of ~$87B On the Ethereum side, $ETHA – also from BlackRock – leads the market…
Ripple’s XRP has failed to replicate Bitcoin and Ethereum’s record-breaking rallies over the past few weeks, as the price is consolidating and pulling back against both USDT and BTC. However, there is still a decent probability for more upside until certain key levels are not lost. XRP Price Technical Analysis By ShayanMarkets The USDT Pair…