Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Integration
VeChain Enters Billion-Dollar European Payment Market: NFC Integration Revolutionizes VET Spending in the EU
VeChain is expanding its footprint in Europe with Oobit payments integration. With many licenses in its portfolio, VeChain foresees a greater revolution in payments through blockchain. Enterprise blockchain solution VeChain (VET) has announced entry into the European payment market through an NFC integration. The integration promises to revolutionize spending for Android users in Europe. VeChain Collaborates With Oobit As revealed in a press release, Oobit will include VET, VeChain’s native currency, into its Tap & Pay function, which allows users…
1 year ago
PayPal Partnership Propels Shiba Inu: MoonPay Integration Signals Surge
PayPal’s integration with MoonPay facilitates direct purchases of cryptocurrencies like Shiba Inu in the U.S. This partnership enhances user convenience by allowing transactions directly through PayPal, expanding access to over 110 different tokens. Following the May 5, 2024, update from CNF, PayPal has strategically partnered with MoonPay, significantly enhancing its cryptocurrency offerings. This collaboration allows U.S. users to seamlessly purchase Shiba Inu (SHIB) and other prominent cryptocurrencies directly through PayPal, marking a significant milestone in digital currency accessibility. Seamless Integration…
1 year ago
PayPal Integration Fuels Shiba Inu Surge: U.S. Users Can Now Buy SHIB Tokens with Ease
PayPal and MoonPay join forces, making it easier for US users to buy SHIB and other cryptocurrencies directly. SHIB’s price surged 2% in 24 hours, driven by an increased burn rate and growing interest, showcasing resilience amidst market fluctuations. Cryptocurrency enthusiasts in the United States have reason to rejoice as Shiba Inu (SHIB) tokens are now accessible for purchase through PayPal, thanks to a recent partnership with MoonPay, a leading crypto payment processor. This collaboration aims to simplify the transition…
1 year ago
Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability
Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL). Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) by deploying Neon Stack. Solana And Ethereum Integration The primary objective of this collaboration is to integrate Solana’s transaction handling…
1 year ago
Chainlink Explores Tokenization’s Next Phase: Integration of Real-World Data
As financial asset infrastructures strive to go digital, Chainlink will play a key role by facilitating real-world data. Unlocking the value of tokenized assets could spur mass adoption for Chainlink and help drive value to the blockchain and its native token, LINK. Chainlink researchers have taken a keen interest in tokenizations, revealing the massive opportunities that lie in the growing trend. In an industry report titled “Beyond Token Issuance,” the researchers observe a “sizable” opportunity with Chainlink poised to seize…
1 year ago
Polkadot’s Contribution to a Sustainable Global Economy Through AI and Blockchain Integration
The Decentralized Knowledge Graph, the basic innovation of OriginTrail, is a blockchain-agnostic framework that allows knowledge to be built, shared and verified decentralized. Polkadot integration maximizes OriginTrail’s influence by shaping a transparent digital future. A spotlight was recently cast on OriginTrail, one of the front-runners in blockchain and AI hybrids, following a tweet by Polkadot detailing its pioneering efforts. This spotlight highlights the crucial contribution that OriginTrail makes in promoting understanding of the world through its advanced technologies. Spotlight on:…
1 year ago
Chainlink Partners with Etherisc for Seamless Cross-Chain Integration
A pioneer decentralized insurance platform has integrated Chainlink to ensure secure, reliable, and seamless data exchange. Chainlink’s CCIP has emerged as an industry standard for cross-chain solutions, offering numerous benefits for projects. Chainlink has partnered with Etherisc to offer the platform a seamless cross-chain integration through Chainlink’s CCIP tool. This is a landmark collaboration for Chainlink, helping support the pioneer decentralized insurance platform to offer reliable, tamper-proof insurance data on-chain. Established in 2016, Etherisc, revealed that Chainlink has been a…
1 year ago
Chainlink Integration Empowers Stader’s Cross-Chain Liquid Staking
Stader Labs has joined the growing list of crypto infrastructure providing integrating Chainlink’s CCIP. Despite the promising ecosystem updates, LINK is trading at a loss at the moment. Stader Labs, a non-custodial, smart contract-driven staking platform with over $600 million Total Value Locked (TVL) has announced the integration of Chainlink (LINK) Cross-Chain Interoperability Protocol (CCIP). According to Chainlink, Stader will integrate its CCIP across Ethereum (ETH) and Arbitrium (ARB) to improve its Cross-Chain Liquid staking experience for its users. Stader…
1 year ago
Polygon Integration Empowers SukuPay for Borderless Money Movement
Through USDC on the Polygon network, users can now send and receive money instantly around the world through SukuPay. This signifies the growing adoption of the Polygon network with real value being built around the ecosystem. Suku World, a project that enables seamless cross-border payments has introduced a platform that allows users to send and receive money around the world with just their phone number. According to an announcement by the Suku World team, users are only required a phone…
1 year ago