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The First Digital USD (FDUSD) could become a major stablecoin on Binance as the crypto exchange searches for a stablecoin after US regulators crackdown Paxos-issued Binance USD (BUSD) in February. advertisement Will Binance Support First Digital USD (FDUSD) Stablecoin? Binance CEO “CZ” took to Twitter on June 1 to share the existing news of crypto custodian First Digital launching USD-pegged stablecoin FDUSD on BNB Smart Chain and Ethereum. First Digital, a Hong Kong licensed trust company, launches a new USD pegged stablecoin (FDUSD), on #BNB Smart Chain. — CZ 🔶 Binance (@cz_binance) June 1, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read ...

Several social media accounts followed the trend, with one requesting ETH to purchase an NFT and another pledging to spend the money on drugs. A new trend where social media influencers ask for Ether (ETH) in exchange for nothing has taken over Twitter, grabbing the attention of many onlookers. The trend sparked various theories from being a publicity play to money laundering.  Attempting to get a slice of some of the recent “memecoin magic,” an influencer tried to promote their wallet address and promised to deliver nothing. A wallet address called “yougetnothing.eth” has received more than $1 million worth of ETH in 24 hours since it was created. Since the account received a lot of funds, many other social media accounts attempted to do the same, hoping to get some ETH themselves. One asked for ETH to buy a nonfungible token (NFT) while another promised to spend it all on hookers and cocaine. In the midst of the trend, many others deployed satire and started to promote an Ethereum-...

While investor sentiment in the crypto market is improving and currently at a stable and neutral level, a number of new meme coins and utility tokens have been enjoying a bullish spring this year. Many of these new meme coins rely on hype and humor, while the new utility coins on offer focus on delivering unique tokenomics and functionality. Could the success of new meme coins offering both fun and real utility lead the next crypto bull run In this extensive guide, we will examine and define the crypto fear and greed index. This report explores and analyzes the key metrics that are taken into account by experts and industry analysts to compute the crypto fear and greed index, emphasizing key factors and discussing relevant historical crypto market events and their impact on the crypto fear and greed index. This concise guide relies on current market data, industry patterns, insights from analysts, and information sourced from expert research. This article also presents Ape...

The tokenomics insights page Token Unlocks noted in a tweet published earlier today that there will be more than $850 million worth of tokens unlocked this week. According to the post, Optimism (OP) and 1inch Network (1INCH) will see the largest dollar values unlocked this week, with $618 million worth of OP and $100 million in 1INCH being unlocked in the coming days. This week's cliff unlocks over $850 million Highlight Unlocks are $OP & #1NCH $OP 9.0% – $618 m #1INCH 16.7% – $100 m $HBAR 2.5% – $67 m$SUI 0.6% – $65 m$NYM 2.5% – $5.0 m$ACA 2.7% – $1.3 m$GAL 0.3% – $0.8 m Link ️ : https://t.co/OtfS2YIf8X pic.twitter.com/m7sDDy09O4 — Token Unlocks (@Token_Unlocks) May 30, 2023 Furthermore, Hedera (HBAR) and Sui (SUI) will see $67 million and $65 million worth of tokens unlocked respectively as well. These token unlocks may have a negative impact on the cryptos’ prices, as investors may look to sell some, or all, of th...

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, The Sandbox (SAND) is one of them. The Sandbox is an Ethereum-based software that manages a decentralized virtual game universe. At its core, The Sandbox is a game in which players may purchase digital parcels of land (known as LAND) and build shared experiences on top of them. The Sandbox is an example of a blockchain-based metaverse similar to Decentraland (MANA). If you are interested in the future of SAND and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading! Table of contents The Sandbox (SAND) Market Overview What Is Sandbox (SAND)?  Analysts’ View on The Sandbox The Sandbox (SAND) Current Market Status The Sandbox (SAND) Price Analysis 2023 The Sandbox (SAND) Price Analysis – Bollinger Bands The Sandbox (SAND) Price Analysis – Relative ...

Address activity for Bitcoin (BTC) has started to pick up again after concerningly low levels in May. In a tweet published earlier today, the blockchain intelligence firm Santiment noted that the number of active addresses for BTC climbed back to 960K for the first time since 3 May 2023. Number of active BTC addresses (Source: Santiment) The recent recovery in the on-chain metric marks a 3-week high as BTC’s utility shows signs of picking up. According to Santiment, increasing utility is necessary for crypto assets to enjoy sustained rallies. At press time, the market leader was changing hands at $27,218.63 according to CoinMarketCap. This was after the crypto’s price printed a 1.84% gain over the past 24 hours. The recent increase in BTC’s price flipped its weekly performance into the green. As a result, BTC’s weekly price performance stood at +0.44%. 4-hour chart for BTC/USD (Source: TradingView) BTC’s price had flipped the $26,960 resistance level into suppor...

Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two years ago , Peter Schiff is set to release an NFT art collection on Bitcoin. In what seems like a parody but isn't, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. The reaction from the crypto community has been mixed, with people generally baffled, amused, welcoming — especially Ordinals proponents — or keen to point out the apparent hypocrisy. its a hack right? did i just teleport to a different timeline? im so confused — Deezy (@CryptoDmack) May 26, 2023 For years, Schiff has actively bashed crypto — especially Bitcoin (BTC) — at any chance he gets, with his arguments essentially revolving around BTC being a Ponzi-scheme that has no inherent value. Despite all of that, Schiff unveiled the “Golden Triumph” collection via a May 27 Twitter thread, in collaboratio...

Tools for Humanity, the team behind Worldcoin , promises to give out crypto tokens to whoever will get his iris scanned with the sphere called The Orb. This idea has attracted a lot of skepticism from the industry as asking for biometric details in a web3 world is a slippery slope. The Orb is supposed to play a central role in helping Worldcoin enable universal access to the global economy. advertisement What is The Orb and How Does It Work? As per the Worldcoin website, the Orb is a biometric imaging device that privately and securely verifies an individual’s unique personhood. In order to sign up for World ID and receive a free share of Worldcoin Tokens a user must visit a Worldcoin Operator and verify their unique personhood at an Orb. However, it is possible to use Worldcoin without going to an Orb. The Orb’s first task is to determine if someone is an actual living person to create a global identity with a variety of camera sensors and machine ...

Russia is advancing in its mission to gain new allies and destabilize the U.S. dollar. Russian Deputy Prime Minister Alexey Overchuk confirmed that the administration is seeking partners and quickening the pace for BRICS currency. According to the Deputy PM, if more countries accept the soon-to-be-released BRICS currency, more damage could be implicated to the U.S. dollar. The demand and supply for a new BRICS currency could send the U.S. dollar on a path of decline. Also Read: 13 Countries Submit Applications To Join BRICS Alliance Overchuk revealed that Russia is looking to strengthen its ties, particularly with oil-rich Islamic nations from the Middle East. Saudi Arabia , Bahrain, and the United Arab Emirates have shown their interest to join the BRICS alliance. “Our relations with (the Islamic world) cannot but be influenced by the global shifts that are taking place and the global trends. We are talking about processes of de-dollarization and the creation of an ind...