Ripple Transfers 100 Million XRP to Unknown Wallet
Ripple moves 100M XRP to an unknown wallet, valued at $54.5M, stirring market speculation. Post-transfer, XRP price dips by 2.44%, losing crucial $0.55 support level. Ripple's internal wallet, "Ripple...
View ArticleArthur Hayes Predicts Bitcoin Could Fall Below $50,000 What It Means for...
BitMEX CEO Hayes predicts Bitcoin could fall below $50,000 which reflects growing market pessimism. The Crypto Fear and Greed Index at 22 indicates extreme fear among traders and investors. Technical...
View ArticleCentral Bank of Russia Embraces Crypto for International Trade Amid Sanctions
Russia's Central Bank leverages crypto exchanges to bypass Western sanctions, with Garantex and Exved playing key roles. New Russian legislation integrates crypto into international trade, aiming to...
View ArticleLeading Blockchain Platforms Gaining Ground Against Ethereum in 2024
Polkadot improves blockchain, enabling seamless communication between different networks. SOL offers high-speed transactions with low fees, making it ideal for dApps requiring high throughput. Tezos'...
View ArticleU.S. Corporations to Invest $10.3B in Bitcoin, Following MicroStrategy’s Success
River predicts U.S. firms will invest $10.3B in Bitcoin, following MicroStrategy’s approach to hedge against inflation and protect reserves. 10% of U.S. companies are expected to allocate 15% of...
View ArticleVanEck’s Matthew Sigel Defends Ethereum’s Strong Utility Despite Bearish Market
VanEck's Matthew Sigel defends Ethereum's economic model, emphasizing its role in DeFi and blockchain applications despite bearish market sentiment. Ethereum faces challenges from weak ETF demand but...
View ArticleHow Solana is Surpassing Ethereum in Blockchain Performance
Solana enables faster transaction processing compared to ETH older Proof of Work model. Lower transaction fees on Solana make it more cost effective for decentralized applications and high frequency...
View ArticleDebunking Bitcoin Myths: Separating Fact from Fiction in Cryptocurrency
Bitcoin transactions are recorded on a transparent blockchain, offering privacy but not full anonymity. Bitcoin's value stems from its scarcity, decentralized network, and utility in enabling...
View ArticleFundstrat Analyst Predicts End of Nvidia Stock Decline, Hints at Crypto...
Nvidia stock dropped 14% in a week, impacting tech and crypto markets, with Bitcoin falling 9% and AI coins down 15%. Fundstrat's Tom Lee sees Nvidia’s correction as a potential buying opportunity,...
View ArticleIndia’s Financial Intelligence Unit to Approve Two More Offshore Crypto...
FIU-India plans to approve two offshore crypto exchanges by the end of 2025 after reviewing their compliance with AML laws. Binance faced a $2 million fine before regaining access to India’s market,...
View ArticleCoinbase Secures Access to SEC Memos: How This Ruling Could Impact the Case
In an important development for Coinbase’s case, a New York judge allowed the exchange partial discovery of internal SEC documents that pertain to the Howey Test. The court dismissed Coinbase’s motion...
View ArticleRipple Adds Ethereum-Compatible Smart Contracts to Expand XRP Ledger
Ripple builds Ethereum smart contracts into the XRP Ledger for more self-learning applications. XRP Ledger’s new sidechain boosts connections with 55 blockchains using the Axelar network for...
View ArticleCoinbase Wins Access to Crucial SEC Documents Amid Regulatory Dispute
Judge orders SEC to provide Coinbase crucial documents on digital asset classification. Court denies Coinbase's request to subpoena SEC Chair Gary Gensler's emails. Expanded SEC witness testimony...
View ArticleBrad Garlinghouse Sees Potential in RLUSD but Doubts US Regulations
Ripple is set to launch the RLUSD stablecoin, pending regulatory approval in the U.S., with global expansion plans. RLUSD differs from XRP in that it targets the booming stablecoin market, expected to...
View ArticleBitcoin Faces Potential Drop Below $50K as Market Fear Intensifies
Arthur Hayes predicts Bitcoin may dip under $50,000 as he takes a short position in the economy. The Crypto Fear & Greed Index hit "extreme fear" as Bitcoin's value declined, losing $29.7 billion...
View ArticleMarket Watchers Eye JasmyCoin As Price Movement Stalls and Whale Influence Wanes
JasmyCoin shows triangular consolidation with converging trendlines indicating a possible breakout. Key resistance at $0.01845; surpassing may target $0.02100. Whale activity noted at current price...
View ArticleBitcoin Dominance Nears Peak Amid Bearish Divergence
Bitcoin is trading in a range and experiencing volatility which is not uncommon during market instability. CryptoMichNL has noted a bearish divergence which means that the Bitcoin dominance could be...
View ArticleBybit and Binance Secure Full Authorization in Kazakhstan’s Crypto Boom
Bybit and Binance gained full approval in Kazakhstan, enhancing their global reach as regulated Digital Asset Trading Facilities. Kazakhstan’s strict regulations boost its role as a crypto powerhouse,...
View ArticleBitcoin’s Sideways Moves: Patience in the Bull Cycle is Key
Bitcoin’s current price pause is part of its regular bull cycle pattern. Historical data shows patience during corrections often leads to significant gains. Staying calm through sideways movements...
View ArticleWhy This Isn’t the Real Bitcoin Bull Run Yet—What Could Trigger It in Q4 2024?
The run-up to the bitcoin level in 2023 was mostly in anticipation of the ETF rather than in response to market penetration. The current crypto market trends are still somewhat similar to the first...
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