Crypto

16 times oversubscription of its first public sale: Melos Studio enters Phase 2 expansion

According to the official news, Melos Studio conducted its first Melos token Public Sale at Tokensoft on March 1, 2022 at 2:00 pm UTC (10:00 pm BST). The token price was 0.05USD/Mlelos. The minimum subscription fee for each person was 500USD, and the cap was 1000USD, making the total fundraising …

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Ethereum gas fees drop to lowest levels since August 2021

Ethereum gas fees drop to lowest levels since August 2021

Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of March 9 totaled $11.14, placing it …

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The Philippines to launch pilot CBDC implementation

The Philippines to launch pilot CBDC implementation

As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines. In a joint event organized by Bangko Sentral ng …

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Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020

Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020

Bitcoin (BTC) stayed near one-week lows on March 7 as a flight to safety among investors did crypto markets no favors. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold, dollar spell sour times for stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at around $37,600 overnight before tracking …

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BTC, XRP, NEAR, XMR, WAVES

BTC, XRP, NEAR, XMR, WAVES

Bitcoin (BTC) plunged below $40,000 on March 4 and has been trading below the level throughout the weekend. Although the crypto price action has been volatile in the past few days, Glassnode data shows that institutional investors have been gradually accumulating Bitcoin through the Grayscale Bitcoin Trust (GBTC) shares since …

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