Latest News and Updates

Solana has published its plan to improve network updates as a response to the network-wide block production slowdown following the recent 1.14 network update

In its 15 years of existence, BTC has played many roles, from a source of speculation to a hedge against inflation, but today there are growing signs that it is moving closer to its intended goal: to be a means of payment, writes Reuters.

According to Richard Miko, CEO of Banxa, a payment infrastructure provider, Bitcoin is evolving at a rapid pace in terms of a crypto payment system, even if it’s not noticeable due to volatility in the broader market.

Following the announcement of a partnership between Microsoft and Web3 decentralized infrastructure provider Ankr, the Ankr (ANKR) token price rose by 51.5%. 

The recent announcement by New York-based Paxos Trust Company, which issues the stablecoin Binance, that it will stop issuing new BUSD tokens after U.S. regulators flagged the asset as an unregistered security shook the $137 billion stablecoin market, Reuters writes.

Cardano was trading at $0.3831 by 20:21 (17:21 GMT) on the Investing.com Index on Tuesday, up 10.19% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

In the stablecoin market, the share of the issuer of the largest stablecoin by capitalization USDT for the first time since May 2022 amounted to 51.31%. 

Finnish company Membrane Finance has released a fully licensed stablecoin backed by the euro. The company is licensed by the Finnish Financial Supervisory Authority (Fin-FSA) and claims that "EUROe" is "the first and only EU-regulated cryptocurrency".

Large investors have started investing in BTC again after a bad month in the crypto space.

Litecoin was trading at $96,440 by 17:45 (14:45 GMT) on the Investing.com Index on Sunday, up 10.08% on the day. This was the sharpest daily rise in cryptocurrency since November 23, 2022.