Author: Chirag Sharma
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RWA Tokenization Leads Crypto Narratives
In May, RWA tokenization emerged as the leading crypto sector, surpassing major sectors like Ethereum (ETH) and Bitcoin (BTC) with a notable 58% performance. The surge was driven by significant developments and high-profile use cases that highlighted the increasing importance of RWA tokenization in the financial industry. We have already discussed the potential of this…
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Friend.tech Unveils Friendchain, $FRIEND as Gas Token
Friend.tech, a decentralized social media platform built on the Base network, announced the development of its own blockchain, Friendchain, in partnership with Conduit, a crypto-native infrastructure platform. The new blockchain will utilize $FRIEND, the platform’s native token, as its gas token. Friend.tech, which launched in August 2023, has quickly established itself as a significant player…
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Rise In DOGE Whale Activities
Dogecoin (DOGE), the eighth-largest cryptocurrency, is witnessing a notable surge in whale activity. In the past 24 hours, the number of $1 million transactions has skyrocketed, indicating significant movement among large holders. Data from blockchain analytics platforms reveal that over 150 transactions, each exceeding $1 million, have been recorded during this period. This surge suggests…
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VISA and Mastercard Payments back on Binance
Binance, the leading cryptocurrency exchange globally, has reinstated the option for users to purchase cryptocurrencies using Mastercard. According to a June 6 post on X, Binance has resumed enabling cryptocurrency transactions via bank transfers with Mastercard debit and credit cards to ensure “smooth transactions.” On Binance’s platform, users can now utilize Mastercard for crypto purchases,…
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3 Horse Race Between NVIDIA, Microsoft and Apple
On June 5, U.S. chipmaker Nvidia briefly surpassed Apple to become the world’s second most valuable company by market capitalization, before slipping back to third place. Nvidia’s market cap soared to over $3.01 trillion, just shy of Microsoft’s leading $3.1 trillion valuation. Apple reclaimed its position as the U.S. markets opened on June 6, reaching…