Russia is using stablecoins to get around international sanctions and make payments. China, despite banning cryptocurrencies, is still exploring blockchain and digital currencies. The U.S. is worried about crypto being used to evade sanctions and may impose stricter rules. To counter trade disruptions, Russia is turning to digital assets like stablecoins for better cross-border payments….
The cryptocurrency market is looking positive after the approval of the spot Ethereum ETF in the U.S. At the BTC 2024 conference in Nashville today, independent presidential candidate Robert F. Kennedy Jr. reinforced his strong support for Bitcoin. He stated, “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin….
Bitcoin and Ethereum prices have surged ahead of the Bitcoin Conference 2024, where former President Trump will give a keynote speech on July 27. Running from July 25 to July 27 at the Music City Center in Nashville, the conference will also feature Robert F. Kennedy Jr., Russell Brand, and Vivek Ramaswamy. The event has…
Aave’s price has jumped 15% thanks to a new governance proposal and a potential fee switch. The fee switch plan aims to collect transaction fees and use them to buy back AAVE tokens. This strong upward trend and positive market sentiment suggest that AAVE could potentially reach $200. The price of Aave (AAVE), the governance…
Notcoin’s price trend has been showing a consistent decline on the daily chart, forming lower highs and hitting a resistance trendline that limits bullish growth. The price has also fallen below the 50-day EMA, indicating a correction. However, a recent sudden increase in the crypto market hints at a potential bounce for Notcoin. This raises…
As Bitcoin’s price has risen back to $67,000, mid-cap altcoins have shown a strong bullish turnaround. Memecoins have also followed this trend, significantly increasing in value. In this article, we highlight the top 2 memecoins that could lead the memecoin craze in the upcoming crypto bull run. WIF Memecoin Price Analysis and Market Outlook…
As Bitcoin (BTC) approached $67,000 on Friday, the altcoin market, especially Ethereum (ETH), showed strong bullish signs. Many altcoins have been consolidating for several weeks, following a trend that started earlier this year. On-chain data reveals that institutional investors have been actively buying up altcoins, preparing for the expected peak of the crypto bull cycle….
Independent presidential candidate Robert F. Kennedy Jr. has proposed a major shift in U.S. cryptocurrency policy. If elected, he plans to push for a $615 billion Bitcoin investment to match the value of gold reserves and eliminate capital gains tax to support the crypto industry. Additionally, former President Donald Trump may endorse Bitcoin as a…
At the Bitcoin Conference, Donald Trump decided to back out of debates with Kamala Harris. This decision came amid political turmoil involving Joe Biden and the Democratic Party. The conference began with a lot of excitement, but Trump’s campaign announced that he would not participate in the debates with Harris. This move followed Harris’s refusal…
BlackRock’s Mitchnick says that other altcoins, like Solana and XRP, might not be ready for ETF approval due to issues with maturity and liquidity. He also mentioned that regulatory concerns and the SEC’s reluctance make it difficult for more crypto ETFs to be approved. However, Nate Geraci disagrees, pointing out that Europe already has several…
Former US President Donald Trump has amassed over $4 million in cryptocurrency contributions for his re-election campaign from key figures in the crypto industry. The significant support from the sector underscores its backing for Trump. He will address attendees at the Bitcoin Conference, which begins today. Republican Presidential nominee Donald Trump’s approach to leveraging cryptocurrency…
Mt. Gox creditors are now receiving payments via Kraken and Bitstamp, following the resolution of the exchange’s long-standing bankruptcy. Bitcoin’s price dipped below $64,000 but has remained stable. While BTC market volume dropped below $1.3 trillion, trading volume rose by 12%. The release of payments has drawn significant attention, and Kraken has started processing these…
India’s financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI), are teaming up to develop a new cryptocurrency policy. They are working on a detailed discussion paper, set to be released in the third quarter of 2024. This collaborative approach marks a shift from previous restrictive…
Citi analysts have upgraded Coinbase (COIN) to a ‘BUY’ rating, forecasting a potential 33% increase in its stock price, which could rise to $345. This optimistic outlook is largely due to improving regulatory clarity in the cryptocurrency sector. Currently trading at approximately $260, Coinbase’s stock is seen as having significant growth potential based on this…
Ferrari is preparing to accept cryptocurrency payments in Europe, building on its initial move in the US last year. This expansion, set to roll out by 2024, highlights the increasing mainstream acceptance of digital currencies. As both businesses and governments continue to adopt cryptocurrencies, Ferrari’s decision represents a significant step towards broader acceptance of digital…
Shiba Inu has seen a surprising increase in trading activity recently, but the overall sentiment remains bearish. Despite a 25% boost in trading volume, investors seem to be pulling back, which suggests decreasing confidence in the token. The market is showing signs of volatility around key price levels, which could lead to further declines. This…
The Cardano community is abuzz with excitement over the possibility of a Cardano exchange-traded fund (ETF), especially in light of the recent success of Ethereum ETFs in the U.S. Charles Hoskinson, the founder of Cardano, recently reacted to a tweet from Tap Tools, a platform for tracking tokens and NFTs on the Cardano blockchain. The…
Franklin Templeton is preparing to introduce a new ETF centered on Solana, building on the success of its Bitcoin and Ethereum ETFs. This upcoming Solana ETF underscores the blockchain’s growing popularity and technological strength, potentially setting a new trend in the crypto ETF market. The move highlights the increasing interest in blockchain innovations and showcases…
Vice President Kamala Harris will not attend the Bitcoin 2024 conference in Nashville as previously speculated. This shift in plans has turned the spotlight on former President Donald Trump, who is expected to give a highly anticipated speech that could significantly impact Bitcoin and the broader cryptocurrency industry. Kamala Harris Skips Bitcoin 2024 Conference; Focus…
XRP has been rising steadily over the past week, forming an ascending triangle pattern. It was trading around $0.60 during Thursday’s European session, down 0.2% in the last 24 hours. The market is hopeful as it awaits the SEC’s closed meeting on July 25, 2024, which might involve a Ripple-SEC settlement. Speculation about this settlement…