Pocketcoin (PKOIN) is a Proof-of-Stake token that is used decentralized advertising, boosting posts and featuring comments on the decentralized crypto social platform Bastyon․com. PKOIN also gives users specific privileges while using Bastyon․com social platform and is used for node staking.
Kraken, the eighth largest cryptocurrency exchange in the world, announced today that it would start supporting the trading of the meme coin Shiba Inu (SHIB). This Dogecoin-inspired cryptocurrency has gained a lot of popularity after the boom of meme tokens in the last two years. More and more crypto exchanges around the world are now allowing Shiba Inu trading on their platforms.
Over the weekend, Polygon (MATIC) rallied nicely off the $1.50 support region, rising nearly 25% in the last 48 hours to $1.81 this morning. Polygon’s market worth has recovered to $12.6 billion, putting MATIC behind Uniswap as the 19th most valuable cryptocurrency.
The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups.
Because of its Proof-of-stake Authority (PoSA), consensus may be used as a high-speed infrastructure, beneficial for DeFi applications. As a result, it is ideal for widespread adoption.
Decentralized automated market maker (AMM) Bancor is set to launch new staking pools and an upgrade to its impermanent loss protection mechanism as part of its long-awaited Bancor 3 update.
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to be reappointed.”
The cryptocurrency market saw a boost in sentiment after the price of Bitcoin (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend.