Meme coins have been making headlines in the crypto space, and April and May 2023 appear to be the months for these parody coins. Despite macro-economic events impacting the ecosystem, meme coins have seen exponential growth and have become one of the highest profit grosses. The Saudi-themed project of the popular Pepe-the-frog project, Saudi Pepe,
The Bolivian government is contemplating using the Chinese yuan to replace the US dollar for international trade settlements. Bolivian President Luis Arce has directed the central bank to conduct research on whether the recent use of the Chinese currency in Brazil and Argentina could be applicable to Bolivia. In a meeting with journalists, Arce revealed
Florida Governor Ron DeSantis recently signed a new bill, SB-7054, which effectively bans the use of central bank digital currencies (CBDCs) in the state. The bill prohibits the use of CBDCs as a form of currency within Florida, as well as any CBDCs issued by other governments. It also calls on other states to follow
Janet Yellen, the US Treasury Secretary, has announced that the Group of Seven (G7) members are discussing ways to respond to China’s use of “economic coercion” against other countries. Speaking at a press conference in Niigata, Japan, ahead of the G7 meeting of finance ministers and central bank governors, Yellen expressed the US’s concern about
Bitcoin (BTC) experienced a “scam wick” that led to new two-month lows, but it has since recovered. BTC/USD was monitored by Cointelegraph Markets Pro and TradingView as it bounced back from a flash dip to $25,800 on Bitstamp. The pair saw weakness after the start of the week’s final Wall Street trading session, briefly cutting
Gallup, Inc., a Washington, D.C.-based analytics and advisory company, has released its latest poll on long-term investments. The survey, conducted from April 3 to April 25, 2023, features responses from 1,013 adults aged 18 and older residing in the United States. The poll covers various investment options such as real estate, gold, stocks, bonds, and
The financial sector is currently experiencing banking crises, interest rate hikes, and a potential recession, leading to unease among investors. This feeling has also affected the crypto industry, which has seen a decline of 0.01% in the last day. However, investors seeking investment alternatives can purchase crypto assets that have lost their gains at a
Meme coins have taken the crypto market by storm, with some of these assets providing high returns for investors. Public figures have also shown support for the long-term potential of these coins. However, with thousands to choose from, finding the best value-driven meme coins can be challenging, especially for new investors. In this article, we
Solana (SOL) experienced a surge in price over the weekend, rising by as much as 5%. After hitting a low of $19.81 on Friday, SOL/USD rebounded to an intraday peak of $21.25 on Saturday. The rebound occurred after solana hit an interim floor at $19.90, which has acted as a last line of defense since
The United States Internal Revenue Service’s (IRS) criminal investigation division is intensifying its collaboration with foreign counterparts to identify individuals and entities evading Western sanctions. The agency is working with blockchain forensics firm Chainalysis and Ukrainian investigators to track Russians who may be using cryptocurrencies to conceal their assets amid financial restrictions imposed over Moscow’s