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Author: Sam Allcock
Fantom’s remarkable 45% price surge within a month has captured widespread attention, prompting new discussions about its future potential. This surge is more than just numbers; it reflects underlying changes and opportunities in the cryptocurrency landscape.Investors are keen to understand the driving factors behind Fantom’s performance, especially with the upcoming FTM Sonic upgrade. This article delves into the causes of Fantom’s growth, its market standing, and what the future may hold for this dynamic asset.The Dynamics Behind FTM’s Impressive GrowthFantom’s recent surge is striking, with its price reaching $0.5664 by mid-September 2024, marking a significant increase of 16.74% over just…
Binance is set to unveil Moonbix, a play-to-earn game, on Telegram. This launch signifies a strategic move into play-to-earn gaming.The game, integrated within Telegram Mini Apps, positions Binance to engage with a vast audience, tapping into TON network’s potential.Exploring the TON NetworkThe Open Network, also known as TON, has witnessed significant growth within the digital landscape. Its rise is attributed to its ability to efficiently cater to the needs of the Web3 community. Despite some controversies surrounding its development and leadership, TON has become a notable platform for innovative ventures.Binance’s decision to integrate with TON marks a strategic move. This…
Two former high-ranking Coinbase leaders have collaborated to introduce TrueX, a forward-thinking cryptocurrency platform. Aiming to innovate, TrueX will utilise PYUSD, a stablecoin linked to PayPal, as its main transactional token.The exchange intends to target major institutions primarily in the United States, with potential accessibility for select international entities. TrueX highlights the evolving role of stablecoins in the crypto domain, providing a stable bridge amidst the volatility of digital assets.TrueX is the brainchild of Vishal Gupta and Patrick McCreary, both having profound backgrounds at Coinbase. Gupta, who played a pivotal role at Circle Internet Financial Ltd in launching the USDC…
In the fast-paced world of cryptocurrency, Fantom (FTM) has emerged as a standout performer, witnessing a significant 40% surge in value over the past month.This remarkable growth is not simply a matter of market fluctuation but is underpinned by strategic advancements, crucial technical patterns, and expansive partnerships. Consequently, Fantom now holds a distinguished position amongst the leading digital currencies.Fantom’s upcoming Sonic upgrade is a notable catalyst for its current bullish trend. Scheduled for late 2024, this upgrade will introduce enhancements such as the Fantom Virtual Machine and a new consensus mechanism, significantly boosting network performance. These upgrades are expected to…
Revolut is set to make waves with its new crypto stablecoin. As it enters this competitive space, it joins the ranks of fintech innovators pushing the boundary.With a $170 billion market cap for stablecoins, the financial world is witnessing the expansion of traditional firms into crypto. Revolut’s new venture underscores this trend.Revolut is making strides in the development of its own crypto stablecoin, marking a significant milestone in the company’s expansion strategy. According to reports, the firm is ‘quite far along’ in this process, highlighting its commitment to establishing a presence in the digital asset market. A spokesperson confirmed their…
In the fast-paced realm of cryptocurrency, a story unfolds of unrecognised altruism.An anonymous trader, acting with integrity, seeks to aid a fellow crypto enthusiast.The Discovery of Unclaimed WealthIn a bustling, ever-evolving crypto world, an unexpected event unfolded as an anonymous trader stumbled upon a wallet loaded with $105,000 in unclaimed JUP tokens. This was not a trivial find but a significant discovery that held the potential to alter the financial standing of the wallet owner. With the clock ticking and just hours before the claim window closed, the trader took swift action to trace the owner.A Quest for AcknowledgementAfter locating…
Fantom (FTM) is capturing attention in the decentralised finance (DeFi) space with its innovative technology. The platform’s unique Direct Acyclic Graph (DAG) smart contract framework enhances scalability, making it a strong contender in the market.Over the past week, FTM has experienced a 16.19% price increase despite a minor 0.03% dip recently. Currently, with a market capitalisation of $1.59 billion, FTM is trading at $0.5657. Proponents attribute this growth to internal network developments.Sonic Upgrade: Paving the Way for Enhanced PerformanceFantom’s upcoming Sonic upgrade, anticipated between November and December 2024, is set to introduce the Fantom Virtual Machine (FVM) and an improved…
The cryptocurrency market witnessed a remarkable start today, marked by significant gains.Led by Bitcoin’s rally, various altcoins exhibited varied trading behaviours.Bitcoin Leads Market GainsThe cryptocurrency market commenced the day with a significant rally, predominantly driven by the surge in Bitcoin’s price. The anticipation surrounding the forthcoming FOMC meeting has contributed to the market’s bullish sentiment. At the time of writing, the value of Bitcoin stands at $60,197, marking a 2.46% increase within the last day. Moreover, Bitcoin’s trading volume surged notably, reflecting a 38.66% increase to $39.14 billion. Strong inflows in Bitcoin exchange-traded funds, totalling $186.76 million, have been pivotal,…
Co-op extends media partnership with Dentsu, focusing on positive change.Dentsu has worked with Co-op on various campaigns since 2018.The partnership includes the new Co-op Media Network initiative.Leverages Dentsu’s data expertise for enhanced customer engagement.Co-op aims to create value and drive innovation through this collaboration.The Co-op Group has announced the extension of its media contract with Dentsu, a global media and marketing agency, for an additional two years. This partnership, which dates back to 2018, has seen Dentsu collaborate with Co-op’s food, funeral care, and insurance divisions. Using its media agency Carat, Dentsu has successfully delivered several impactful campaigns, including the…
Ocado maintains its lead as the fastest growing UK supermarket chain, reflecting significant consumer shifts.Sales for Ocado rose by 15.4% over the past 12 weeks, indicating robust growth compared to competitors.M&S also showed strong performance with a 12.4% increase in sales over the same period.Waitrose gained traction with a 3.9% sales increase, indicating renewed consumer interest.Online shopping for Fast-Moving Consumer Goods (FMCG) increased, with online market share growing to 13%.Ocado continues to be the fastest growing supermarket in the United Kingdom, with its sales soaring by 15.4% in the last 12 weeks. This impressive performance places it ahead of other…