Tag: Digital Currency

Solana Gains Ground on Ethereum in Q4 2024, Positioned for DeFi Dominance

As 2024 comes to a close, Solana and Ethereum are in a fierce battle for dominance in the cryptocurrency market. Ethereum has secured over...

Monad Launches Foundation to Drive Ecosystem Growth and Decentralization

Monad, a blockchain project compatible with Ethereum’s virtual machine (EVM), has officially launched the Monad Foundation, an independent organization aimed at fostering the growth...

Is the EU Going to Digital Currency?

In recent years, the global financial landscape has undergone a profound transformation, driven largely by the rise of cryptocurrencies. From Bitcoin to Ethereum, digital...

Balancer Launches v3 Upgrade with Enhanced Liquidity and New Aave Partnership

Balancer, a leading decentralized exchange and automated portfolio management protocol, has officially launched its highly anticipated v3 upgrade, designed to fuel the next phase...

Bitcoin and Ethereum Whales Accumulate Amid Market Dip

Bitcoin and Ethereum whales are taking advantage of a market-wide downturn, increasing their holdings as the leading cryptocurrencies trade at discounted prices. Market Trends Bitcoin fell...

Bitcoin-Backed Stablecoin USDa Rises to Second-Largest CDP Project Globally

USDa, a Bitcoin-collateralized stablecoin, has emerged as the second-largest collateralized debt position (CDP) project in the world, boasting a total market size of $84.10...

Kyrgyzstan Advances Digital Som with Parliamentary Approval

Kyrgyzstan is advancing plans for its central bank digital currency (CBDC), the digital som, following parliamentary approval of a draft law that establishes its...

Bank of England Explores Privacy-Enhancing Tech for Digital Pound

The Bank of England has unveiled new research suggesting that emerging privacy technologies, such as zero-knowledge proofs (ZK-proofs), could play a crucial role in...

Do We Get Interest on CBDC?

The concept of Central Bank Digital Currency (CBDC) has emerged as one of the most transformative topics in modern financial discourse. Governments and central...

Bernstein Sees Ethereum’s Revival, Highlighting Strong Fundamentals

Bernstein analysts have observed a "solid revival of interest" in Ethereum, citing its strong fundamentals despite a year-to-date performance lag behind Bitcoin. While Ethereum...

XRP Struggles After Breakout Attempt; SHIB Sees Unprecedented Burn Rate

Bitcoin’s recent surge to a high of $99,180 on Friday, Nov. 22, has sparked significant attention across the crypto community, including from outspoken critics...

What is Digital Reserve Currency?

In recent years, the global financial landscape has undergone significant changes, driven in part by the rise of cryptocurrencies and the ongoing evolution of...