Coins, wallets & tokens

Crypto Investment Inflows Surge, Hinting at Market Recovery

The inflows into digital asset investment products have set a remarkable new record, exceeding $17.8 billion year-to-date (YTD). This surge in investment suggests the potential beginning of a recovery in the cryptocurrency market. Notably, the recent record-breaking figure follows a substantial influx of $1.44 billion into cryptocurrency investment products in the last week. Based on…

Investment and mining

Tech Titan vs. Cryptocurrencies: Analyzing NVIDIA Stock Performance Against Bitcoin and Ethereum Returns

While Bitcoin and other cryptocurrencies have been making waves for the last few years for their high returns (as well as volatility), a quieter player has emerged from the shadows of the computer hardware world to match Bitcoin. Nvidia however is already familiar to the crypto world for providing mining hardware. This time, its huge…

Coins, wallets & tokens

TON Ecosystem Fund Launches $20M Initiative for Blockchain Innovation

The Open Network (TON) is a revolutionary platform designed to support blockchain and cryptocurrency activities within the Telegram messenger ecosystem. In an exciting development, the platform is receiving a significant boost through the establishment of the $20 million TON Ecosystem Fund. This fund is being launched in collaboration with Bitget, a prominent crypto exchange, and…

Coins, wallets & tokens

Alloy (aUSDT): Tether’s Gold-Backed Synthetic Dollar Explained

Tether, a prominent cryptocurrency company, is set to introduce a groundbreaking digital currency called Alloy (aUSDT). Unlike traditional cryptocurrencies, Alloy will be backed by physical gold, ensuring its stability, and pegged to the value of the US dollar. This innovative stablecoin will be minted on the Alloy by Tether platform, marking a significant advancement in…

Global blockchains

Bitcoin’s Decentralized Nature Stands Out Among Cryptocurrencies, Says Tether CEO

During an interview with Cointelegraph at the Bitcoin-only conference, BTC Prague, Tether CEO Paolo Ardoino highlighted the unique nature of Bitcoin among the vast array of cryptocurrencies. Ardoino emphasized the distinctive decentralized nature of Bitcoin that distinguishes it from over 14,000 other cryptocurrencies, making it the only currency that operates without central control. “Bitcoin stands…