Author: Sam Allcock

In a noteworthy development, about 40 countries are expressing interest in joining the BRICS alliance as they seek alternatives to the US dollar.This movement underscores a growing trend towards economic independence among emerging nations, aiming to bolster their domestic economies by reducing reliance on the dollar.Rising Interest in De-DollarisationThe BRICS bloc, consisting of Brazil, Russia, India, China, and South Africa, has garnered attention from approximately 40 countries seeking to shift away from the US dollar. These nations are primarily from Asia, Africa, and South America, and their interest highlights a significant global economic shift.The reliance on the US dollar has…

The Shiba Inu cryptocurrency is experiencing a notable upswing. In recent days, SHIB has surged 44%, drawing considerable attention.With bullish momentum escalating, forecasts suggest that FOMO could drive its value higher. What lies ahead for SHIB?Recent data highlights a surge in Shiba Inu’s social dominance, indicative of increasing FOMO within its community. This emotional wave could catalyse buying pressure and heightened activity around the token, collectively influencing its price trajectory. Indicators reveal that SHIB may experience a 90% ascent, potentially reaching $0.000035 in upcoming weeks.Daily charts indicate SHIB is swiftly breaking resistance levels, signalling an end to the consolidation phase.…

NFT lending is a forward-thinking concept in the world of decentralised finance (DeFi).It allows NFT holders to unlock the value of their assets without selling, providing a new liquidity stream in a digital economy.NFT lending is a DeFi mechanism enabling NFT owners to use their digital assets as collateral for loans. It addresses liquidity challenges in the NFT market by allowing owners to access funds without selling their NFTs.Through collateralising NFTs, owners can secure loans in stablecoins or cryptocurrencies, diversifying their portfolios and funding new ventures.The NFT lending landscape is diverse, catering to different lender and borrower needs.Peer-to-Peer NFT Lending…

The ruling in favour of Ripple in the SEC lawsuit marked a pivotal moment for the cryptocurrency market. As XRP’s status as a non-security bolstered confidence, looming threats of an appeal could yet alter the landscape.Ripple vs SEC: The AftermathThe recent ruling in favour of Ripple has been a significant event for the cryptocurrency industry. Ripple was ordered to pay over $125 million, yet the ruling confirmed XRP is not a security. This outcome provided a boost for the cryptocurrency, resulting in a 16% price increase within a day. However, the possibility of the SEC appealing still looms large, potentially…

Unlock seamless cross-chain transfers with Celestia, a leader in blockchain modularity.This guide unpacks the steps and tools needed to bridge your assets securely.Understanding Celestia’s Modular ArchitectureThe Celestia blockchain network introduces a novel modular approach, distinguishing itself by separating the consensus and data access layers for improved flexibility. Celestia’s architecture facilitates the creation of ‘appchains’, custom blockchains that integrate seamlessly with its network. This separation is pivotal, allowing for enhanced scalability while maintaining robust operational integrity.One of Celestia’s key technological advancements is Data Availability Sampling (DAS). This innovative mechanism allows light nodes to verify the availability of large data blocks swiftly,…

The BRICS alliance has garnered attention for its potential to disrupt the global financial landscape. With recent developments, the US dollar’s dominance is at risk. This analysis aims to explore these dynamics.The BRICS nations, comprising Brazil, Russia, India, China, and South Africa, have been steadily challenging the supremacy of the US dollar. Their economic growth and strategic partnerships highlight their intent to diminish the greenback’s global influence. A shift towards a BRICS currency could solidify this transition.China and India play strategic roles in the BRICS alliance, with both nations holding significant economic influence. China, in particular, is a key player…

Ethereum, long seen as Bitcoin’s primary competitor, could see its value skyrocket if its market capitalization matches that of Bitcoin.Currently trading at $2,656.96, Ethereum’s market valuation is significantly lower than Bitcoin’s $1.3 trillion. This substantial gap presents a remarkable growth opportunity for Ethereum, especially considering its pivotal role in various blockchain applications.Ethereum’s market cap, notably lower than Bitcoin’s, signifies an untapped reservoir of potential for growth. Should Ethereum align its market cap with Bitcoin’s, the price per Ether could surge significantly.A projection placing Ethereum’s price at $10,785 is not merely speculative; it reflects a 309% increase based on its current…

The Flow blockchain is gaining traction as it emerges as a significant infrastructure component for Web 3.0 and the open metaverse. It has gained recognition for its advanced applications, including non-fungible tokens and decentralized finance.Recent market activity suggests that Flow is entering a stabilization phase, countered by underlying market volatility. The distinctive programming language, Cadence, is instrumental in enhancing development within this ecosystem.Currently trading at $0.612656, Flow has seen a minor rise of 0.73% over the past day. This uptick comes amid notable trading volumes of $20.2 million, reflecting increased activity in the market. Ranked #76 by CoinMarketCap, Flow boasts…

The recent uptick in cryptocurrency markets has propelled Cardano (ADA) and Dogecoin (DOGE) to significant highs. Both coins are basking in an overall bullish trend that is sweeping across the market.While Cardano has breached a critical price point, Dogecoin has also broken free from its previous shackles, invigorating investor interest. The pivotal question remains whether this upward movement will persist as the weekend unfolds.The cryptocurrency market is currently witnessing a robust upswing, with many altcoins experiencing notable gains after prolonged periods of stagnation. Dogecoin has surged by 10% in just 24 hours, achieving a current price of $0.1211. Similarly, Cardano…

Shiba Inu (SHIB) has experienced a remarkable rally recently, capturing the attention of cryptocurrency enthusiasts. The memecoin, known for its distinctive dog-themed branding, has posted significant gains in various timeframes.Reflecting a marked increase, SHIB has surged by 6.9% on the daily charts and an impressive 42% over the week. Further supporting its upward momentum, the coin has rallied by nearly 179% since September 2023, suggesting strong interest from traders.Current Surge in Shiba Inu’s ValueThe recent rally of Shiba Inu is synchronised with a broader resurgence of memecoins in the cryptocurrency market. Data from Santiment indicates that SHIB’s trading volume has…