Author: James Wilson
Lumia and Polygon Labs have teamed up to build the world’s first crypto real-estate project, Lumia Towers. Following the announcement, crypto.news had the opportunity to conduct a Q&A with Head of Enterprise and Financial Services for Polygon Labs, Boris Spremo and Lumia CEO Kal Ali. Spanning over 50,000 square meters and located in the largest city in Turkey, Istanbul, the massive $220 million infrastructure is set to house 300 residential and commercial units and is poised to become a global crypto hub. According to Lumia CEO Kal Ali, the twin skyscrapers will be completed and fully tokenized by the second…
PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.0065757, finally bouncing back from falling to its latest all-time high low just three days prior. The leap in prices follows its listing on the Robinhood trading app on March 13. In the past 24 hours, PENGU has gone up by 10.4%. It is currently trading hands at $0.0064. In the past month, the Pudgy Penguins crypto has gone down by more than 33%, hitting its all-time low of…
The digital ruble’s rollout is facing challenges, with 30% of Russian banks unprepared due to outdated infrastructure and reluctance to comply with the central bank’s CBDC plans. A recent survey conducted by tech firm Flant and Diasoft found that around 30% of Russian banks aren’t yet ready to adopt the digital ruble, Russia‘s form of a central bank digital currency. According to a Vedomosti report, March 14, Russian banks appear to be reluctant to act as “agents” for the central bank. The main problem: concerns about losing control over their clients’ finances and facing stricter transparency requirements. Local experts suggest…
A U.S. bankruptcy court has allowed the liquidators of the defunct crypto hedge fund Three Arrows Capital to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. In a March 13 ruling by the US Bankruptcy Court for the District of Delaware, the judge ruled that FTX is to pay out $1.53 billion to Three Arrows Capital, increasing the claim from the original $120 million filed in June 2023. FTX objected to the decision, arguing it was too late and would slow down their bankruptcy process. However, the judge sided with 3AC’s liquidators,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin and XRP struggle with price drops and setbacks, Remittix is gaining attention for its real-world utility and rising presale momentum. Bitcoin and XRP are all on shaky ground, with prices tumbling and bad news piling up. BTC is flirting with a drop to $60k and XRP is caught in legal chaos. As the Nasdaq 100 loses a key support level, traders are looking for safer bets, and Remittix (RTX) is stealing the spotlight. With faster transactions, real utility,…
Bitcoin exchange-traded funds have held onto over 95% of their invested capital, even as inflows slow and Bitcoin’s price declines, according to senior Bloomberg ETF analyst James Seyffart. In a Mar. 14 post on X, Seyffart shared that Bitcoin ETFs have registered declining inflows, dropping to $35 billion from a peak of $40 billion. However, with total assets under management at $115 billion, most funds remain intact despite Bitcoin’s 25% price drop. According to Seyffart, this resilience is comparable to traditional U.S. stock ETFs, where long-term investors don’t panic sell during market downturns but instead keep buying. This investor behavior,…
Russian oil firms are using Bitcoin, Ethereum, and stablecoins to convert Chinese yuan and Indian rupees into roubles for trade as Western sanctions persist. Faced with Western sanctions, Russian oil firms are actively turning to cryptocurrencies to move money between China and India, Reuters has learned citing sources close to the matter. One of the sources say some Russian oil companies are using Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) to smooth the conversion of Chinese yuan and Indian rupees to Russian roubles. Although more companies are using crypto, it still makes up a small part of Russia’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is gaining attention as a low-priced crypto with high growth potential, drawing comparisons to Pi Coin’s early days. Regret not buying Pi Coin early? This low-priced crypto could be the next life-changing bet. Lightchain AI, currently priced at just $0.006 and having raised over $17.3 million in its presale, is quickly gaining momentum for its blend of AI and blockchain technology. Positioned for explosive growth in 2025, Lightchain AI offers a unique value proposition that sets it…
Eth is still trading below $2000 level and the coin can be bought for a quick target of $2000 for a small scalp trade. In this article, we will look at ETH next target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. Ethereum Next Target Price: $1,895.20 24-Hour Price Change: +$25.99 (+1.39%) Intraday High: $1,910.64 Intraday Low: $1,825.98 Price is in a Downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout. We wait for such breakout, which could signal at least a temporary trend reversal. Technical Indicators…
In the world of meme coins, Samoyedcoin is in the spotlight and one of the most desirable meme coins out there. Now you must be wondering what makes it so unique and How to buy Samoyedcoin? In this article, we will clear all your queries and guide you to own your very own Samoyedcoin. What is a Samoyedcoin? Samoyed coin was first released as a meme coin, but soon it evolved and became the mascot of Solana. Since then, it has been the cutest dog you can find on that platform. Dogecoin inspired it. The CEO of Almeda Research and…