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The stablecoin issuer Paxos partnered with the crypto exchange Kraken, the retail trading giant Robinhood and a handful of other digital asset firms to launch a new stablecoin network for enterprises. The new “Global Dollar Network” is an open network that aims to increase stablecoin usage around the globe, according to a new press release from Paxos. The new network’s native stablecoin is the Global Dollar (USDG), which Paxos issues out of Singapore. The stablecoin firm notes that the asset is designed for enterprises and will be compliant with the Monetary Authority of Singapore’s upcoming stablecoin framework. Explains Charles Cascarilla, the chief executive and co-founder of Paxos, “Stablecoins are replatforming the financial system and revolutionizing how people interact with US dollars and payments. However, the leading stablecoins are unregulated and retain all the reserve economics. Global Dollar Network will return virtually all rewards to participants

Dogecoin (DOGE) saw a substantial 19.8% surge to reach $0.2016 early Wednesday, as news of Donald Trump securing a second presidential term rippled across markets.  The DOGE market cap has now swelled from $24.65 billion to $29.08 billion, underscoring significant capital inflows into the meme-fueled cryptocurrency.  DOGE 1-day price chart. Source: CoinMarketCap Analysts have been quick to weigh in, with many noting the potential for further upside — albeit tempered by the coin’s inherent volatility and its dependence on social media-driven catalysts. Picks for you Bitcoin price hits all-time high as Trump declares ‘victory’ 20 mins ago Bitcoin’s parabolic rally: Why $170,000 could be the next target 16 hou

Hamster Kombat , a once wildly popular Telegram clicker game, has suffered an 86% slump in its user base amid competition from new app Paws and a political backlash. In August, the tap-to-earn game had more than 300 million users, a number that has since imploded to around 41 million. Hype Around Hamster Kombat Takes A Knock The number of active Hamster Kombat addresses peaked at 772,300 on Sept. 27. User activity has since plummeted, however, experiencing an over 36% drop in the past week. Meanwhile, investors have also lost interest in the project’s native HMSTR token. HMSTR has dived almost 70% from the all-time high of $0.01 that it set on Sept. 26 to a new all-time low around $0.002263 on Nov. 3. Despite recovering 4% since reaching this low, the altcoin is still down more than 67% from its all-time high. Data from CoinGecko shows the token also registered a 24-hour loss to trade at $0.002376 as of 8:33 a.m. EST.  Adding to Hamster Kombat’s woes is criticism the project

The MAGA price rose 4% in the last 24 hours to trade at $3.30 as of 00:19 a.m. EST on trading volume that surged 37% to $20.8 million. This comes as Kamala Harris takes a slight lead over Donald Trump in the national polling averages  as the US election looms, with 48% ahead of Trump’s 46.8%. Maga Price Set For An Upward Trajectory The current MAGA price action has formed a descending channel (marked by the two white trendlines), indicating a bearish trend. However, the $2.5 support zone, within the lower boundary of the falling channel, has acted as a significant support that has pushed the price of MAGA to the upper boundary, according to data from GeckoTerminal . As a result of the surge, TRUMP price now trades above the 200-day Simple Moving Average (SMA), which may show that the asset is bound for a massive surge. Meanwhile, the 50-day SMA now acts as an immediate resistance level at $3.60. The Relative Strength Index (RSI) is below the midpoint of 50 at 45, indicating weak

For investors chasing the next big thing, Base Chain is where you should be looking right now. This article takes you through the most trending cryptocurrencies making waves on the chain: Common Wealth, Seedworld, and AlienBase. From innovative community projects to gaming ecosystems and DeFi solutions, these tokens are carving unique spaces, each with its growth potential. This detailed overview allows investors to make more informed decisions and identify early opportunities within the ecosystem.  Most Trending Cryptocurrencies on Base Chain Now Common Wealth is flipping the script on early-stage investing, rewarding its community with solid returns and active participation. Seedworld is turning gaming into a user-driven universe where players don’t just play but create, monetize, and thrive. And then there’s AlienBase, a DEX changing how traders engage with decentralized finance, focusing on user experience and community building. Let’s discover why they might be worth a spot in

A closely followed crypto analyst believes that two altcoins have the potential to skyrocket by as much as 5x before this cycle is over. Pseudonymous analyst Altcoin Sherpa tells his 228,100 followers on the social media platform X that he’s extremely bullish on the altcoin market. According to the analyst, even average altcoins will see massive price rallies if conditions turn bullish for crypto. Specifically, the trader sees the decentralized oracle network Chainlink (LINK) and the layer-1 protocol Algorand (ALGO) printing gains between 400% and 600% before the current cycle comes to a close. “Market average for sh*tcoins from here on out: probably about 3-5x for this cycle on the low end and 5-10x for prices on the high end. Meaning: If you buy pretty much anything at this point in time, I expect it to go 3-5x. Here are two examples with LINK [and] ALGO.”  Source: Altcoin Sherpa/X Looking at the trader’s chart, he seems to predict that LINK will surge by

The Ethervista price surged 50% in the last 24 hours to trade at $71.21 as of 10:54 p.m. EST on trading volume that skyrocketed 112% to $57.3 million. Ethervista Price On A Sustained Bullish Rally The Ethervista price has gone parabolic, moving sharply upwards from the consolidation area around mid-October within the $10 range, marked by a rectangle on the chart, according to GeckoTerminal data. It has reached a high of $71.21, representing a significant gain from previous levels. VISTA has, as a result, soared past both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the recent dramatic surge. The Relative Strength Index (RSI) is at 86.63, which is well into the overbought territory (above 70). This suggests the price has seen rapid gains and could be due for a correction or at least a pause. The MACD line (blue) is above the signal line (orange) and shows a substantial gap between the two, indicating strong bullish momentum. The histogram is also positi

XRP has remained strong in the cryptocurrency market for ten years and remains one of the top 10 digital currencies today. Based on current price projections, a $1,000 investment in Ripple’s coin could bring substantial returns by 2034. The current price stands at $0.514841, making it an accessible entry point for investors. Also Read: Ripple: Will XRP Hit $1.50 If Bitcoin Reclaims $73,000? Why Investing in XRP Now Could Yield Massive Returns by 2034 Source – CryptoRank Ripple Coin’s Historical Market Position What the Top 10 looked like exactly 10 years ago on this day pic.twitter.com/T3DJ3w60FZ — Satoshi Club (@esatoshiclub) October 30, 2024 Ten years ago, XRP was the second-biggest cryptocurrency in the market rankings, with a market cap of $131 million. Bitcoin led the way with $4.76 billion. The Ripple coin’s price then was $0.004548. This price history shows how much the coin can grow over extended periods. Projected Growth Potential Telegaon thinks the XRP price will hit $25.16