More than one million new tokens have been launched since April

Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.

XRP price growth remains lackluster as February begins, despite blockchain payment network Ripple releasing 500 million tokens from its escrow.Data from the XRP blockchain noted by monitoring resource Whale Alert on Feb. 1 confirmed a single transaction of 500,000,000 tokens worth $119.5 million left Ripple’s escrow the same day.XRP “rewards” bagholders with 26% returnsThe move…

Huobi Group is targeting institutional investors with its new crypto-focused private equity offerings. 2728 Total views 17 Total shares Huobi Technology Holdings — a part of the Huobi Group, which includes leading Seychelles-based cryptocurrency exchange Huobi Global — has launched four digital currency funds targeting $100 million in assets by September, setting the stage for…

The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several crypto firms to go out of business, while many have made severe job cuts to remain afloat.The crypto market crisis began with the Terra debacle that…

Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow. 480 Total views 5 Total shares The global Bitcoin (BTC) payments market will reach $3.7 billion by 2031, registering a compound annual growth rate (CAGR) of 16.3% from 2022 to 2031, with private keys…

The UN wants to address AI-generated fake news and information as the organization looks to bring in voluntary guidelines for the technology. 70 Total views 24 Total shares The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.In a June 12 report, the UN claimed…

Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems. 136 Total views 1 Total shares Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road. Instead of embracing…

Merlin Chain and BitcoinOS join forces to deploy the Grail Bridge, introducing zero-knowledge proof (ZKP) for secure cross-chain transactions.

Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not. 61 Total views 4 Total shares Keep your money in an insured account, not on an uninsured payment app, the United States Consumer Financial Protection Bureau (CFPB) warned Americans in a…