Robinhood CEO explains how Dogecoin can become people, internet’s currency
Few days after Robinhood listed the meme currency Dogecoin, the CEO of the platform Vlad Tenev, in a thread of 12 posts on Twitter explained how Dogecoin could become the internet’s future currency. In a recent Twitter discussion, Robinhood CEO Vlad Tenev suggested a few tweaks that might help Dogecoin become the internet’s and people’s […]
Terra’s UST Reserves Dip To One-Month Low, Here’s Why
Terra’s stablecoin reserves fell to a one-month low this week, reflecting the recent slump in the crypto market. The reserves which are maintained by the Luna Foundation Guard (LFG) have a high concentration of Bitcoin. According to data from the LFG, the reserve’s total value is now $2.4 billion. It had dropped to a one-month […]
Avalanche (AVAX) Surges 7% On This Bullish Development
Avalanche(AVAX), the native token on the eponymous Blockchain surged after news that Ava Labs is raising more capital. Ava, the blockchain’s principal developer, could become one of the most valuable crypto startups as a result of the planned capital raise. AVAX soared nearly 7% in the last 12 hours and was trading at $81.58. The […]
Terra’s Additional 2508 Bitcoin Purchase Fails To Boost Prices, Here’s Why
Terra’s community The Luna Foundation Guard (LFG) added 2508 bitcoins worth over $100 million in its Bitcoin treasury on Wednesday. The LFG now has 42,406.92 BTC in its wallet address as a result of the current purchase. However, despite purchasing Bitcoin for $250 million this week, it has been unable to boost the BTC price […]
Robinhood gives away $100k worth of SHIB to 10,000 users
Robinhood app has listed altcoin Shiba Inu (SHIB) after a series of petitions from fans of the meme token, aside from the listing, the platform announced it is giving away $100k worth of SHIB to 10,000 of its users. After recently announcing the addition of Shiba Inu (SHIB), as well as Solana (SOL), Polygon (MATIC), […]