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The blockchain analytics firm glassnode alerts posted a series of tweets related to the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), this morning. In their first tweet today, glassnode alerts highlighted that the ETH Amount of Supply last Active 5y-7y just reached a 9-month high. ETH Amount of Supply Last Active 5y-7y (Source: Glassnode) Glassnode alert’s tweet shows that ETH’s Amount of Supply Last Active 5y-7y currently stands at around 10,575,650.450 ETH. This isn’t the only on-chain metric for ETH that the analytics platform tweeted about this morning. In a second tweet, glassnode alerts shared that the Mean Block Size (7d MA) for ETH reached a 1-month low of 103,311.244 as well. BTC Percent Supply Last Active 3+ Years (Source: Glassnode) With regards to the market leader, Bitcoin (BTC), glassnode alerts shared that the Percent Supply Last Active 3+ Years for BTC recently reached an all-time high (ATH). According to the tweet, BTC’s Percent Supply ...

Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The Solution is dubbed the “ Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video shared to Twitter, the firm outlined that its “building a way for Web3 and Blockchain service providers to help secure transactions between users, verified according to standards set by Mastercard.” At #Consensus23, we announced how we are instilling trust in the Blockchain ecosystem through Mastercard Crypto Credential. With crypto wallet providers @Bit2Me_Global, @LiriumAG , @MercadoBitcoin and @UpholdInc and public Blockchain network organizations @AptosLabs,… pic.twitter.com/P33mtDVAas — Mastercard News (...

BRICS nation China is planning to build a rail link to Pakistan and reduce reliance on the West for international trade. The railroad would start from the Chinese city of Kashgar and end at Pakistan ’s port of Gwadar. The railway initiative between the two trading partners costs $57.7 billion and China aims to move ahead with the decision despite the hefty price tag, reported the South China Morning Post. JUST IN: China plans to create a $58 billion railway system connecting Pakistan and China to reduce Western trade dependence. — Watcher.Guru (@WatcherGuru) April 28, 2023 The Chinese media outlet reported that many other train systems could connect China to Turkey and Iran moving forward. China, the world’s largest manufacturer of goods, is bypassing the U.S. dollar dominance by improving and promoting the Chinese Yuan’s utility. If the development goes through, it would open direct access for China to trade with other Asian countries. Also Read: If BRICS Expands, ...

Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that he supported creating a currency for trading between BRICS countries, Reuters reported. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. In a speech during a trip to Spain, he said without providing further details: I am in favor of creating, within the BRICS, a trading currency between our countries, just like the Europeans created the euro. Lula’s support for the creation of a BRICS currency followed his statement urging developing countries to stop using the U.S. dollar and adopt local currencies instead. The Brazilian president said on April 13 during his visit to the New Development Bank in Sh...

Circle Unveils New CCTP Protocol According to the company’s official statement, the new protocol, unlike a conventional bridge system, does not lock tokens sent to its smart contract. In contrast, it enables the transfer of USDC between different blockchain networks by minting the same amount on one chain while burning native USDC on another and thereby enabling asset transfers. advertisement Additionally, the protocol can be integrated into a crypto wallet, bridge, or app, allowing users to transfer any quantity of USDC to an ecosystem that supports it. The official statement released by the firm was quoted as saying: A user accesses your app to initiate a transfer of USDC from one blockchain to another, and specifies the recipient wallet address on the destination chain. Read More: Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations Trending Stories XRP Price Prediction: XRP Price Coiling Up Before ...

Described as the “world’s lightest blockchain,” Mina Protocol is an open-source protocol with the aim of providing “true decentralization,” scalability, and security to the community. One of the main reasons why the Mina protocol is known as the world’s lightest blockchain is because it maintains a constant size of 22kB. This will allow anyone to operate a node and secure the network without any requirement for any sophisticated software.  With the utilization of zero-knowledge-proof technology, Mina has already caught the eye of various investors. The continuous development and comprehensive roadmap of the Mina Protocol could be another factor that could increase the demand for MINA, the native token of the Mina Protocol. Let’s now take a detailed look at Mina Protocol’s operations and its native token, MINA. Moreover, this article will conduct a comprehensive Analysis of MINA and forecast the price for 2023, 2024, 2025, 2026, till 2050. Table of contents Mina (MIN...

Join Our Telegram channel to stay up to date on breaking news coverage The Litecoin price prediction could set a bullish run if the market can attempt to climb back above the resistance level of $95. Litecoin Prediction Statistics Data: Litecoin price now – $91.10 Litecoin market cap – $6.6 billion Litecoin circulating supply – 72.7 million Litecoin total supply – 84 million Litecoin Coinmarketcap ranking – #12 LTC/USD Market Key Levels: Resistance levels: $115, $120, $125 Support levels: $70, $65, $60 LTCUSD – Daily Chart LTC/USD is running a little retracement move towards $100 with price growth of 3.13%. For the fact that the coin is recording a slight gain, the Litecoin price may begin to maintain a bullish movement within the channel if the coin can cross above the 9-day and 21-day moving averages. Therefore, traders can expect the price to continue to rise as soon as the bulls put more pressure on the market. Litecoin Price...

A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition does not amount to an infringement on property rights. Cryptocurrency an ‘Undefined’ Payment System in Uganda The High Court in Uganda recently dismissed an application that sought to upend a central bank directive that bars cryptocurrency transactions. In his ruling, the court’s Justice Musa Ssekaana, insisted that the Bank of Uganda (BOU)’s April 2022 directive does not infringe on individual property rights. Instead, the directive is an attempt by the central bank not to legalize the “undefined system as a payment instrument in Uganda.” As previously reported by Bitcoin.com News in May 2022, the BOU warned parties disregarding its directive that it will not hesitate...

Today, the Floki coin price witnessed a significant inflow and shows a 75% hike. This massive rise could be associated with the recent listing announcement of Floki in the California-based Binance exchange and also becoming the official partner of the Asian Badminton Championship 2023. This event could allow Floki to show its utility to numerous investors and present its brand in front of a massive crowd. Amid this rally, the coin price breached a crucial monthly resistance of $0.000042, offering an entry opportunity to potential buyers. advertisement Key points:  A daily candle closing at $0.000042 resistance will offer buyers a significant footing to prolong the bullish rally. A bullish breakout backed by tremendous high volume indicates the buyers’ conviction to achieve higher price levels The intraday trading volume in the Floki coin is $116 Million, indicating a 903% gain. Source- Tradingview Over the past six weeks, the Flok...