The Telegram Open Network (TON) has marked a significant milestone by securing a $30 million investment. This development highlights the growing confidence in TON’s potential.Backed by Bitget and Foresight Ventures, this funding is set to bolster the network, reinforcing its position in the crypto landscape. With over 950 million users, TON’s future looks promising.The TON Network has consistently drawn attention in the crypto community. Emerging as a formidable entity, it has capitalised on its swift growth, largely due to Telegram’s vast user base. Its evolution into a blockchain contender is marked by major investments, including the recent $30 million commitment.…
Author: Sam Allcock
Sam Allcock
Sam Allcock is a seasoned entrepreneur and passionate storyteller with a keen eye for emerging trends and viral phenomena. With over a decade of experience in the business world, Sam has successfully launched several startups that blend innovation with creativity. At 88com.net, he brings his expertise in curating compelling content that captures the zeitgeist of our digital age. When he's not exploring the latest trends, Sam enjoys connecting with his audience and sharing insights that inspire and inform. Join him on a journey through the stories that are shaping our world today!
In an ambitious move to reshape the digital economy, Circle has partnered with Sony Block Solutions Labs to introduce USDC on Sony’s Ethereum Layer-2 blockchain, Soneium. This collaboration is expected to revolutionize financial and digital entertainment landscapes.Circle’s integration with Soneium will leverage both companies’ strengths to create a more interconnected digital ecosystem. The introduction of USDC marks a significant step in expanding blockchain technology’s reach while promising a host of benefits for global users.The Dynamics of USDC on SoneiumThe introduction of Bridged USDC on Soneium is set to transform Ethereum Virtual Machine (EVM) compatible blockchains. By allowing the bridging of…
Navigating the world of digital assets, MEXC is a major player offering services in over 170 countries. It stands as a testament to what a bitcoin exchange can achieve in today’s financial landscape.Focused on user-friendly experiences and regulatory compliance, MEXC has become a top choice for both novice and experienced traders. Let’s delve into the countries where MEXC is accessible and what makes it stand out in the competitive market.MEXC boasts a remarkable presence in the global digital asset market, accessible to users in more than 170 countries. This expansive reach showcases MEXC’s commitment to serving the diverse needs of…
Ethereum is currently mirroring a familiar fractal pattern observed in 2021. This has prompted analysts to anticipate a significant price increase. The pattern’s potential to repeat itself could see ETH aiming for a $3,300 high.Ethereum’s price movement in 2021 followed a distinct five-point fractal pattern. This pattern was characterised by a sharp correction, gradual recovery, and ended in a bullish phase. Analysts believe this pattern is repeating in 2024, according to data from TradingView.The 2021 pattern saw corrections between points I and II, marking the fractal low. From II to III, the price moved into the Fibonacci 0.5-0.618 zone, commonly…
The dominance of the US dollar as the world’s reserve currency is being challenged. As geopolitical dynamics evolve, the Chinese yuan emerges as a competitive contender in the global economy.The rapid rise of the yuan signals a shift in global financial dynamics. This change is propelled by strategic economic shifts and international policies that favour an increasingly multi-currency world.The Yuan’s Growing Economic InfluenceIn recent months, the Chinese yuan has shown remarkable progress. According to data, its value was around 6% by April 2024, surpassing the Euro. This is a noteworthy development in the global currency landscape, indicating a significant move…
In an era of global economic challenges, fintech companies face hurdles in securing funding. However, strategic approaches can yield success.The economic uncertainty and political instability have impacted investor confidence, particularly in London.Amid this challenging landscape, some companies have managed significant fundraising rounds, demonstrating resilience.The funding environment is recovering with London startups raising significant VC capital last year.A new challenge arises as competition within the fintech space intensifies, demanding innovative strategies to attract investment.In recent years, fintech companies have encountered significant obstacles in securing funding due to economic uncertainty and political instability, especially in London. The pandemic has further complicated the…
Pakistan may be on the verge of joining BRICS, a move bolstered by Russia’s support. With the 2024 summit on the horizon, discussions intensify.BRICS’ drive towards a new currency system resonates with Pakistan’s strategic ambitions, marking a potential shift in global economic alignments.Pakistan Aims to Join BRICS with Russian SupportAs the 2024 BRICS Summit draws near, Pakistan is expressing a keenness to align with the powerful economic bloc. Notably, Russia has publicly endorsed this potential inclusion. This development follows a recent joint press conference in Islamabad, where Russia’s Deputy Prime Minister, Alexie Overchuk, and Pakistan’s Foreign Minister, Ishaq Dar, discussed…
Nvidia shares have been on a remarkable journey, igniting interest amongst investors. The tech stock closed at $115, with predictions it might touch $130 soon.The market buzz centres around Nvidia’s recent performance and technical indicators suggest a promising upward trend. This article delves into the factors propelling Nvidia’s potential stock surge.Nvidia’s transparency in its stock performance has caught the eye of investors. Its recent close at $115 marked a notable rise from its earlier position at $109. Over the week, Nvidia shares showed a commendable increase, bringing decent returns to those invested. Investors eagerly anticipate further growth given the current…
Fantom’s price has recently surged by 45%, igniting a wave of interest in its future possibilities.This dramatic upswing signifies not just a fleeting trend but a potential shift in the cryptocurrency landscape.Fantom’s recent price trajectory has garnered significant attention. Notably, FTM reached a value of $0.5664 on September 18, 2024, marking a 16.74% increase within just one week. Such dynamics reveal an upward momentum, supported by a relative strength index (RSI) of 38.22, indicating potential for continued growth.The surge in FTM can be attributed to three primary developments. Decentralised finance (DeFi) growth has elevated its popularity as an Ethereum alternative.…
Binance is set to change the gaming landscape with Moonbix, its new play-to-earn game. Launching soon on Telegram, this game promises exciting features. With over 950 million Telegram users, Moonbix’s potential audience is vast. Binance’s strategic move into gaming on such a platform could be groundbreaking.Binance Joins Telegram’s Expanding UniverseThe cryptocurrency landscape is continuously evolving, with Binance making significant moves into new territories. Telegram’s The Open Network (TON) has emerged as a pivotal platform, boasting an impressive increase in activity this year. Binance is now poised to tap into this success by introducing its innovative play-to-earn game, Moonbix, on Telegram’s…