Bitcoin remains Twitter king over Dogecoin
A new data analysis shows that Bitcoin is more popular on Twitter than Dogecoin, even with the recent surge of interest in meme tokens. BitcoinInfoCharts, an analytics platform, reveals far more tweets about Bitcoin than Dogecoin despite the spike in meme token activity in the past month. Users posted over 200 thousand tweets about Bitcoin […]
Tether is a ‘bogus dollar,’ says former SEC attorney
Former US Securities and Exchange Commission (SEC) attorney has allegedly alleged that Tether is a “fake” and taken his concerns about the leading stablecoin seriously. In a series of tweets, John Reed Stark, a former SEC enforcement attorney and founder of John Reed Stark Consulting LLC, has criticized Paolo Ardoino, the CTO of Tether. He […]
FedNow Partners With Metal Blockchain for Stablecoin Transfers
The Federal Reserve’s instant payment service, FedNow, will allow Metal Blockchain users to convert funds into stablecoins and vice versa using its “send/receive” feature. The Solution to Instant and conditional stablecoin conversions As FedNow is anticipated to launch in July, it will provide a fast and secure payment service for banks, benefitting American consumers and […]
The Musk Effect on Milady Meme Coin
Elon Musk, the billionaire entrepreneur and crypto enthusiast, once again demonstrated his ability to influence the cryptocurrency market with a single tweet. On May 11, he uploaded a photo of himself holding a sign reading “Milady” with a heart emoji, followed by the hashtag #LADYS. The tweet appeared to endorse Milady Meme Coin (LADYS), a […]
Nexo Dissolves UK Units in Major Restructuring Move
As part of a comprehensive business restructuring, the cryptocurrency lending platform Nexo has announced the dissolution of its UK-based entities. This move aims to optimize its services and position the company for future development in the DeFi market. The company announced the decision on May 11, citing its intention to streamline its operations and expand […]