Blockchain

Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin

Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin Customers of the bank will be able to purchase the currency

Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles

Bitcoin price extended its decline below the $65,000 support zone BTC is now consolidating losses and might attempt a recovery wave toward $67,000 Bitcoin price declined further below the $65,500 and

Crypto Optimism Prevails: Bitcoin’s Buy Signals Surge Despite Ongoing Market Dip

Amid a recent downturn in the overall cryptocurrency market, Bitcoin has seen a notable retracement, shedding nearly 10% of its value over the past week This decline has extended further in the past

Crypto Trading Gone Wrong: Trio Of Teens Arrested In Hong Kong For Beating A 19-Year-Old

Hong Kong has recently been in the news due to crypto regulatory developments or the buzz around the possibility of spotting Bitcoin or Ethereum exchange-traded funds (ETF) launch in the coming

Bitcoin Insider Tip: Expert Signals Key Catalyst That Could Revive BTC’s Rally

Renowned venture capitalist and Bitcoin advocate Anthony Pompliano has recently sparked discussions with his post on X addressing the predictions of Bank of America According to Pompliano’s

Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit

Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable Tether

Grayscale Drops Bombshell Report: Crypto Bull Run Progresses To ‘Middle’ Phase, Future Outlook Detailed

The cryptocurrency market has witnessed a significant surge after a prolonged bear market and the intensified crypto winter caused by the collapse of crypto exchanges and firms during 2022 and part

Whales Buy Up 5% Of Stablecoin Supply, What Are They Up To?

On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks Whales Have Been Gobbling Up Stablecoin Supply Recently According

Grayscale falls behind in ETF outflows first time since launch as ARKB loses $87.5 million

Grayscale Bitcoin Trust (GBTC) recorded lower outflows for the first time since the launch of spot Bitcoin ETFs on April 2, after ARK 21Shares (ARKB) posted outflows amounting to $875 million,

Bitcoin Supply In Loss Hits 10% After Crash: What Happened Last Time

On-chain data shows the Bitcoin supply in profit has plunged following the latest crash in the asset’s price towards the $65,000 level Bitcoin Supply In Profit Is Now Down To Around 90% As
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New Stablecoin Aims to Bring Regulatory Compliance to Nigeria’s Digital Economy

A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program

Bitcoin Volatility Persists, But Retail Sentiment Is On The Rise, A Rebound Imminent?

After dropping from the $102,000 price level earlier this week, Bitcoin continues to struggle to initiate a rebound toward the $100,000 mark Its weak performance is attributed to a broader bearish

Is Dogecoin Massively Undervalued? Analyst Says ‘Now Is The Time’

A newly released video analysis by crypto commentator asifeth (@asifeth) makes the case that Dogecoin is currently trading at what he calls a heavily undervalued level He offered an explanation of

Maple reports no increase in bad debt, $10M inflows amid recent market crash

Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb 2 price crashes, resulting in no bad debt It also reported that users

Ethereum Is Consolidating After The Flush Last Weekend – The Calm Before A Big Move?

Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic The rapid decline sent shockwaves through the crypto space,