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Ravi Menon says the country is instead clearing a path for CBDCs and regulated stablecoins. There will not be a place for private cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in the monetary scene as many of them fail the “fundamental tests of financial services,” Monetary Authority of Singapore’s managing
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A crypto analyst named Oscar Ramos posted a YouTube video on Nov. 27th expressing optimism about the near-term prospects of TerraUSD Classic and other coins linked to the struggling Terra ecosystem. In the analyst’s view, Terra Classic USD (USTC) significant price appreciation over the past day indicates renewed interest in the
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Bitcoin has stabilized around the $37,000 level, remaining rangebound as it seems to take a break between potential moves up or down, according to the crypto analyst and trader in his YouTube video on Nov. 27th. The host believes this period of sideways trading for Bitcoin (BTC) creates opportunities in other
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The recent price surges seen in both the USTC and LUNC, once again highlight the undying resolve and commitment of the Terra Classic community to bring value to both assets. Algorithmic stablecoin TerraClassicUSD (USTC) has received a massive boost in the last 24 hours, posting over 283% gains within the period.
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The crypto analyst behind YouTube channel Crypto Capital Venture believes that both Bitcoin and Cardano could be positioning for significant breakouts in the near future, according to his latest video published Nov. 24th. While not yet calling a new bull market, the analyst pointed to signs of building momentum, especially in
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A popular YouTube crypto analyst who goes by CoinsKid believes there is a possibility that XRP has bottomed out after its recent sharp decline, but he is urging his followers to remain patient and wait for more confirming price action before jumping in. In his latest video update on Friday, CoinsKid
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Blast’s innovative layer-2 blockchain sees $310 million in deposits amidst users’ criticisms. Blast Bridge, a new Ethereum layer-2 blockchain, saw an inflow of $310 million in assets shortly after its debut. This significant influx of assets includes substantial deposits of 129,866.52 ETH through Lido and 42,587,100 DAI via Maker MSR.Launched by
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Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in
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Binance faces significant user fund outflows and a drop in BNB value following the DoJ’s criminal charges and CEO Changpeng Zhao’s potential departure. Binance is seeing significant outflows from its exchange following the earlier news of the U.S. DoJ charging the leading exchange with three major crimes. Nansen, a blockchain analytics
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The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price
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