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Why was the gold standard abandoned?

Why was the gold standard abandoned?

If you’ve been around for a while, you’re probably aware that the United States used to have a gold standard. This basically means that the dollar was linked to the value of gold. In the early 1900s, the United States thrived off of this. However, the gold standard was abandoned decades later, in 1933. By […]
Ethereum Breaks $2,500 All-Time High

Ethereum Breaks $2,500 All-Time High

This news was brought to you by ANKR, our preferred DeFi Partner. Crypto’s leading smart contract platform, Ethereum, has set a new all-time high at $2,500.  Ethereum Sets New Record High Ethereum just crossed $2,500 for the first time in its history.  Source: TradingViewThe second-ranked crypto has enjoyed a parabolic run in recent months, fuelled […]
Ripple Partners With Novatti Group on XRP Adoption

Ripple Partners With Novatti Group on XRP Adoption

Key Takeaways Ripple has announced a partnership with Novatti Group, which will see RippleNet and ODL used in remittances. The partnership will focus on Australia and the Philippines and is part of Ripple’s efforts to sign deals in the Asia Pacific region. Ripple prices are performing well, perhaps due to positive developments in Ripple’s SEC […]
Phemex Has Created a Sistine Chapel-Inspired NFT

Phemex Has Created a Sistine Chapel-Inspired NFT

Phemex has created a non-fungible token (NFT) that contains a mosaic made up of QR codes from participating users. Phemex’s NFT of User QR Codes Singapore-based trading platform Phemex recently conducted a promotion in which Phemex users were asked to share their ETH address as a QR code. The exchange selected 1000 wallets out of […]
Oracle Tokens Chainlink, Band Protocol Enter New Bull Rally

Oracle Tokens Chainlink, Band Protocol Enter New Bull Rally

Key Takeaways Chainlink continues trending upward, making a new record high of $44.30 recently. Likewise, Band Protocol broke out of a seven-month-long bullish continuation pattern to hit a new all-time high of $23.30. Further buying pressure could push these cryptocurrencies even higher regardless of the recent gains. This news was brought to you by Phemex, […]
Stateless Money Launches Index Token for Polkadot

Stateless Money Launches Index Token for Polkadot

Key Takeaways Polkadot Index Network Token (PINT) will give holders exposure to the top projects in the Polkadot ecosystem. PINT will be developed by Stateless Money, a Polkadot staking service provider, in collaboration ChainSafe. PINT’s overall development will be overseen by a governing council that consists of Polychain Capital, Hypersphere Ventures, HashKey Capital, Acala, and […]
France’s 3rd Largest Bank Launches Tokenized Debt on Tezos

France’s 3rd Largest Bank Launches Tokenized Debt on Tezos

Société Générale, the globe’s 17th largest bank, today announced the launch of a tokenized euro medium-term note (EMTN) on the Tezos blockchain.  Société Générale Continues Crypto Experimentation “This new experimentation, performed in accordance with best market practices, demonstrates the legal, regulatory and operational feasibility of issuing more complex financial instruments (structured products) on public blockchain,” […]
Ethereum Successfully Launches Berlin Hard Fork

Ethereum Successfully Launches Berlin Hard Fork

Key Takeaways Ethereum’s Berlin hard fork has gone live. The upgrade included several Ethereum Improvement Proposals focussed on changes to gas costs and transaction types. Ethereum will follow Berlin with its highly anticipated London hard fork this summer. This news was brought to you by ANKR, our preferred DeFi Partner. The second-biggest blockchain by market […]
NFTs Are the “Gateway Drug to Crypto,” Says CoinGecko

NFTs Are the “Gateway Drug to Crypto,” Says CoinGecko

Key Takeaways According to Bloomberg, NFTs have become one of the main factors influencing the adoption of cryptos. Search volumes for NFTs as well as trading volumes skyrocketed to record highs in Q1 2021. The same popularity rise could extend over the rest of the year, even though inflation fears may spell trouble for the […]
Ark Funds Spends $246M on Coinbase Stocks on Launch

Ark Funds Spends $246M on Coinbase Stocks on Launch

This news was brought to you by Phemex, our preferred Derivatives Partner. According to an Ark Funds email, the firm bought a total of 749,205 COIN, totaling $246 million. Ark Funds Invests in Coinbase Ark Funds bought the stocks through three of its main funds: Ark Innovation ETF, Ark Fintech Innovation ETF, and Ark Next […]