Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
The Solana transaction delays on Coinbase have triggered an apology from Brian Armstrong. The CEO promised the platform would boost its infrastructure to handle more user load. The community remains skeptical, despite the current SOL transaction backlog being cleared. Coinbase CEO Affirms the Solana Problem We have the Solana backlog triaged, and transactions should generate…
Velar collaborates with Stacks, Ryder, and Arkadiko to fund the BTC Name Grant Program. The BTC Name Grant Program aims to unify the Stacks community and enhance its identity. Velar’s native token, VELAR, sees a significant increase in market volume and price. Velar, a decentralized exchange protocol for Bitcoin, has rolled out the BTC Name…
Governor Aleš Michl sees Bitcoin as a hedge against economic uncertainty and an opportunity to diversify the nation’s financial assets. The move aligns with growing trends worldwide, as US states like Utah and Arizona push similar Bitcoin reserve plans. If approved, the Czech Republic could set a precedent for other nations considering Bitcoin in their…
Cardano’s Plomin hard fork is set to go live on January 29. The Binance Exchange has confirmed plans to support the upgrade. This event will usher Cardano into a user-centric governance system for Cardano users. The Cardano ecosystem is about to undergo a major network upgrade and hard fork on January 29, 2025. This development…
Court challenges OFAC’s authority to blacklist Tornado Cash, responding to appeal from six users claiming blockchain transactions are traceable. Developer Pertsev’s March 2024 defense fails as court cites insufficient protective measures against protocol misuse. Sanctions reversal signals potential regulatory shift favoring privacy tech, despite initial $455M North Korean laundering concerns. After a careful look at…
SHIB burn rate surged over 600% on January 22, with 3.24 million SHIB tokens permanently removed from circulation. The token’s price sees a modest 2% increase, trading at $0.00002. Analysts predict potential price targets for SHIB at $0.00003340 and $0.0000455 in the near term. The Shiba Inu (SHIB) community witnessed a dramatic surge in its…
Massachusetts is the next state to consider a strategic Bitcoin reserve initiative. Sen Peter Durant filed the proposal with potential to loan out the assets. At the Federal level, the United States is also exploring the BTC reserve option. The Massachussetts Allocation for Bitcoin Reserve Hong Kong, Germany, And Texas Pursues Strategic Bitcoin Reserve
Partnership enables tokenized access to Apollo’s massive $730B portfolio, marking a significant milestone in bridging traditional finance with blockchain technology. The ACRED fund operates across five major blockchain networks including Ethereum and Solana, with Wormhole integration ensuring seamless token transfers. Launch timing aligns with explosive growth in real-world asset tokenization, which has seen a 12.11%…
Heather Morgan, convicted for laundering stolen Bitcoin, is challenging Netflix’s documentary portrayal of her. Her legal team accused Netflix of defamation, spreading false claims, and violating California’s privacy laws by labelling her father-in-law as a hacker. Ilya Lichtenstein, the actual hacker, publicly stated that he acted alone and cleared his father of any involvement. Heather…
Thailand is reportedly fueling a stablecoin innovation that will involve a bond reserve. The country has a pro-crypto stance, with top leaders exploring new options. Thailand’s Bitcoin ETF market remains a key focus to mimic related moves from other regions. Thailand is allegedly exploring the viability of stablecoins that government bonds would back in its…