ApeCoin Community In Support Of Staking, Is This Bullish Signal For APE?
Three proposals related to staking ApeCoin (APE) and reorganizing its governance were approved by the ApeCoin community. The staking proposals AIP-21 and AIP-22 garnered 91.55% and 91.17% votes, respectively. Meanwhile, the AIP-7 on the forum’s restructuring has gained 99.5% votes. Staking on ApeCoin and the Bored Ape Yacht Club (BAYC) NFT ecosystem, as well as […]
Where Can You Shop With Crypto?
For the last few years, cryptocurrency has experienced a market boom. As a result, the number of crypto users has tremendously increased. In fact, according to Triple-A 2021 reports, the number of cryptos surpassed the 300 million mark. With significant people embracing cryptocurrency, many merchants have started to accept it as a legal tender. That […]
Here’s Why Avalanche (AVAX) Prices Surge 14% As New Trust Launch
The 11th-largest cryptocurrency, Avalanche (AVAX), surged on Thursday after digital asset manager Valkyrie launched an investment trust devoted to the token. In just a few hours, AVAX soared 14% to a one-week high of $68.36. The jump occurred shortly after Valkyrie’s announcement, which is expected to attract more institutional funds to the Avalanche blockchain. Institutional […]
California Governor Issues Crypto Executive Order, Reveals Plan For Blockchain Adoption
California Governor Gavin Newsom signed a new executive order on cryptocurrency on Wednesday, May 4. Given that California is the largest economy in the United States, this is really exciting news. Hence, it may encourage governors in other states to follow suit. The executive crypto order lays out a regulatory and consumer protection roadmap. It […]
Sell The Rumor Buy The News, Bitcoin Rallies 5% After U.S. Fed Meeting
The Federal Reserve of the United States announced a rise in interest rates by 50 basis points on Wednesday, May 4, to combat rising inflation. The news was very much on the expected lines, and the equity market in the United States, as well as the cryptocurrency market, both rallied shortly afterward. The price of […]