Top crypto tweets of the day – May 24th

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• USDC stablecoin expands to Polkadot ecosystem

  TL;DR Breakdown Circle has launched its USDC stablecoin on the Polkadot network, allowing for greater interoperability and access across various blockchains within the Polkadot ecosystem. The move makes USDC available on a total of 14 blockchain networks, surpassing its rival stablecoin, USDT, which is available on 11 networks. The integration aims to maintain Circle’s position as a major interoperable cryptocurrency and supports low-cost payments, trading, borrowing, and lending on Polkadot parachains like Centrifuge, HydraDX, and Moonbeam. Description Circle, the issuer of the USDC stablecoin, has extended its reach by launching on the Polkadot network. This development not only amplifies the stablecoin’s interoperability but also provides Polkadot’s ecosystem with a robust financial tool. A new home for USDC: Polkadot asset hub Circle announced the issuance of its native USDC stablecoin on the Polkadot … Read more Circle, the issuer of the USDC stablecoin, has extended its reach by launching on the Polkadot network. This development not only amplifies the stablecoin’s interoperability but also provides Polkadot’s ecosystem with a robust financial tool. A new home for USDC: Polkadot asset hub Circle announced…

  Article 2023年9月20日

• Arbitrum price analysis: ARB/USD drops below $1.13 with the bears dominating

  TL;DR Breakdown Arbitrum price analysis shows a downtrend ARB prices have set support at $1.0396 ARB prices are facing resistance at $1.3355 Arbitrum price analysis reveals a bearish trend, as a steady downtrend can be observed for the past 24 hours. The Arbitrum token has broken below the $1.3355 resistance level, and it is currently trading around the $1.13 level. The ARB price has seen a sharp decline of nearly 2.05% in the past 24 hours. The support for ARB lies around $1.0396, and if it breaks below this level, the price can further decline toward the $1.00 mark, which is crucial psychological support for the Arbitrum token.  On the upper side, the bulls need to push prices back for a chance at recovery over the coming weeks. Further gains are likely if ARB breaks above the triangle formation and climbs back above $1.4 in the days ahead. Arbitrum price analysis 1-day chart: ARB/USD declines to $1.13 following a negative trend The 1-day Arbitrum price analysis indicates that the ARB price is bearish in the short term. The token has…

  Article 2023年5月24日

• PEPE and top meme coins face bearish pressure as new competitors enter the scene

  TL;DR Breakdown Top meme coins, including DOGE, SHIB, and PEPE, have faced a downturn in recent days amid the rise of new competitors in the sector. PEPE coin has experienced significant losses, while new meme coin projects like PEPE 2.0 and Shib 2.0 have garnered attention and diverted trader focus. Bearish moves in BTC and ETH, coupled with market-wide selling pressure, have further impacted the sentiment surrounding meme coins. Description The largest meme coins in the cryptocurrency market, including Dogecoin (DOGE), Shiba Inu (SHIB), and PepeCoin (PEPE), have faced a downturn in recent days as new competitors emerge in the sector. The negative market sentiment, driven by bearish moves in Bitcoin (BTC) and Ethereum (ETH), has further compounded the challenges faced by these meme coins, … Read more The largest meme coins in the cryptocurrency market, including Dogecoin (DOGE), Shiba Inu (SHIB), and PepeCoin (PEPE), have faced a downturn in recent days as new competitors emerge in the sector. The negative market sentiment, driven by bearish moves in Bitcoin (BTC) and Ethereum (ETH), has further compounded the challenges faced by…

  Article 2023年7月11日

• Five US Enforcement Agencies to Form New Digital Currency Anti-Crime Task Force

  TL;DR Breakdown Five US enforcement agencies have officially formed the Darknet Marketplace and Digital Currency Crimes Task Force to combat crimes involving the darknet and digital currencies, such as drug trafficking and money laundering. The task force aims to disrupt criminal organizations that exploit the anonymity of the darknet and utilize digital currencies for illegal activities. It has an international reach through Homeland Security Investigations’ global network. Description In a significant development in the fight against crimes related to the darknet and digital currency, five diverse United States enforcement agencies have officially established the Darknet Marketplace and Digital Currency Crimes Task Force. With a shared mission to combat cryptocurrency-enabled crimes such as drug trafficking, money laundering, theft of personal information, and child exploitation, … Read more In a significant development in the fight against crimes related to the darknet and digital currency, five diverse United States enforcement agencies have officially established the Darknet Marketplace and Digital Currency Crimes Task Force. With a shared mission to combat cryptocurrency-enabled crimes such as drug trafficking, money laundering, theft of personal information, and child…

  Article 2023年6月23日

• BRICS is about to become a major threat to G7

  TL;DR Breakdown BRICS has expanded to include Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The revamped BRICS now covers 47% of the global population and 37% of its GDP. This expansion poses a significant challenge to the influence of the G7. Beijing aims to use this enlarged bloc to reform major international institutions. Description If the tides of global influence were already shifting, the expansion of the BRICS alliance just might have initiated a tsunami. The revamped BRICS, which once encapsulated Brazil, Russia, India, China, and South Africa, now boasts an added muscle with the inclusion of nations like Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab … Read more If the tides of global influence were already shifting, the expansion of the BRICS alliance just might have initiated a tsunami. The revamped BRICS, which once encapsulated Brazil, Russia, India, China, and South Africa, now boasts an added muscle with the inclusion of nations like Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. This bold move doesn’t just suggest a change; it’s a…

  Article 2023年8月27日