September 22, 2024

Jupiter Acquires SolanaFM to Boost Solana’s Data and Infrastructure Capabilities

Solana’s biggest decentralized trading platform, Jupiter Exchange, has taken over SolanaFM, a leading Solana blockchain explorer. The parties have described the move as a way to speed up development in their data and infrastructure capabilities in order to improve their functionalities for the Solana community. Optimism About the Acquisition In an X post published on...
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Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC Development

Canada has reportedly paused its Central Bank Digital Currency (CBDC) project, which started in 2017. According to a September 18 CBC news story, following years of research into the potential for a digital version of the Canadian dollar, the local central bank has decided to move away from the initiative. Bank of Canada Rethinks Digital...
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Consumers Prefer Cash Over CBDC: Deutsche Bank Survey 

While several central banks across the globe are actively exploring the feasibility of launching a Central Bank Digital Currency (CBDC), a recent survey has revealed that cash will not be going away anytime soon as a majority of consumers are not enthusiastic about using those products. The survey, conducted by Deutsche Bank, Germany’s leading investment...
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This Is the Current State of the Wrapped Bitcoin Market: CryptoQuant

The Wrapped Bitcoin market is seeing the emergence of new players, like Coinbase, the largest American crypto exchange. Analysts believe the market’s current condition presents an opportunity for higher user engagement, enhanced cross-chain liquidity, and significant growth in the coming years. However, observations made in the latest CryptoQuant report suggest the race may not be...
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5 Best Altcoin to Buy Now to Make 100x Profits by January 2025 (Turning $10 into $1000)

As the crypto market gears up for a new wave of innovation and adoption, savvy investors are hunting for the best altcoins with the potential to generate massive returns. While established cryptocurrencies like Bitcoin and Ethereum offer stability, altcoins often provide the opportunity for exponential gains. For those aiming for 100x profits by January 2025,...
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Bitcoin (BTC) $ 98,546.40 0.12%
Ethereum (ETH) $ 3,360.58 0.56%
Tether (USDT) $ 1.00 0.04%
Solana (SOL) $ 258.31 0.35%
BNB (BNB) $ 668.40 6.24%
XRP (XRP) $ 1.55 11.55%
Dogecoin (DOGE) $ 0.462481 17.82%
Cardano (ADA) $ 1.10 27.29%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,359.12 0.30%