XRP has recently witnessed a significant uptick in its price trajectory, breaking past previous resistance levels with remarkable momentum in the past month. However, the digital currency has experienced a downturn since the last day. This shift follows a period of notable gains, leading to widespread speculation about its forthcoming direction. XRP Price Analysis With […]
US Election 2024: Crypto Giants to Fund Campaigns Against Critics
Ahead of the 2024 US elections, influential figures in the cryptocurrency industry have signaled their intent to financially support political candidates who are favorable to their cause while opposing those who are critical of the sector. This position is a result of the industry’s support for the loss of a Democratic Representative in California’s Senate […]
Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan
JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale. Bitcoin Achieves […]
Key Levels To Focus As Ethereum Price Enters New Correction
The ongoing recovery trend in the Ethereum coin witnessed a major road at the $4080 level, resulting in an immediate price reversal in the daily chart. Within three days, the ETH price plunged 10% to its current trade at $3666. However, this pullback falling under the safety net of the Fibonacci retracement level indicates the […]
Solana Price: Will SOL Price Hit $200 Soon?
The current state of the crypto market is experiencing a decline. Bitcoin price has plummeted and is now trading below $70,000. This downward trend has also affected other altcoins, such as Ethereum (ETH), which has seen a decrease of approximately 7% and is now trading below $4,000. In comparison to Cardano, XRP, Dogecoin, and Shiba […]
Ripple Role Questioned as USDC XRP Ledger (XRPL) Integration Lags
Panos Mekras, an esteemed blockchain advisor focused on the XRP Ledger (XRPL), has raised concerns regarding the absence of the USDC stablecoin on XRPL. Mekras, well known for his knowledge of blockchain technology, used social media platforms to underscore this void. He emphasized the need to have USDC and EURC (Euro Coin) included in the […]
El Salvador Sets Bitcoin Piggy Bank With $400 Mln Bitcoin
El Salvador is known to be the first country to consider Bitcoin as legal tender. It has been crypto-friendly since 2021 and is again in highlights for its stake in Bitcoin. Recently, the nation has decided to safely keep $400 Million worth of Bitcoin in cold storage. It came amid the market fall where Bitcoin […]
Binance To Adjust Token Listing Rules Amid Heated Regulatory Crackdown: Report
Leading cryptocurrency exchange Binance Holdings Ltd. is making an effort to ensure the safety of investors on its platform by censoring listed tokens. New Rules for Token Listing on Binance In the past, crypto investors have been exposed to unverified digital assets that were part of scams like rug pulls. These schemes eventually leave investors […]
Just-In: MicroStrategy Rushes to Buy More BTC With $525M Notes Before Bitcoin ETF
MicroStrategy, a prominent player in the cryptocurrency market, has recently unveiled its decision to expand its convertible senior notes offering to an impressive $525 million. This strategic move follows closely on the heels of the company’s previous endeavor to ramp up its notes sale to a total of $700 million mere weeks ago. Such a […]
Solana Price Rally Eyes $250 as Users Top 1 Million
SOL, the native token of the layer 1 ecosystem Solana is riding a steady rally defying current market correction as Bitcoin plunged below $70K. This sell-off has notably affected the altcoin market but the Solana price shows its sustainability above the $165 mark. This strong resilience hints this coin may witness an intense buying momentum […]