Ripple is partnering with Unicâmbio to transform cross-border payments between Portugal and Brazil. Unicâmbio, a Portuguese currency exchange provider, will use Ripple Pay to make business faster and easier. Ripple’s XRP token has seen notable corrections in the past week, and this deal hasn’t changed bearish momentum. However, in the long term, it may present…
Hedge funds have ramped their short positions on Ethereum, setting a new record on the Chicago Mercantile Exchange (CME). This surge in short bets comes despite a notable increase in capital flowing into spot Ethereum exchange-traded funds (ETFs). Over the past week, the nine US spot Ethereum ETFs saw net inflows of $420.06 million, significantly…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SUI and Dogecoin holders invest in a DeFi coin that’s getting popular faster than expected. Over the past few months, SUI has established itself as a great DeFi coin. However, there’s a new project…
Ghana’s gold-for-oil barter scheme has been halted by the central bank, according to Bank of Ghana Governor Johnson Asiama. Stabilizing Foreign Exchange Markets The Ghanaian central bank has suspended a barter trade scheme in which it swapped gold for oil, according to a report. Johnson Asiama, the governor of the Bank of Ghana (BOG), stated…
Prominent market commentator Altcoin Sherpa has drawn attention to Bitcoin‘s pivotal support levels, highlighting potential risks for the cryptocurrency’s future. Sherpa cautions that a drop below the vital $78,000 threshold may trigger a price decline, potentially sending Bitcoin back to around $60,000. What Risks Lie Ahead for Bitcoin?Can Aptos Offer a Buying Opportunity? What Risks…
Dogecoin’s week was marked by sharp volatility, with a staggering $11.85 million liquidated in just one day. While this highlights the risks inherent in such a dynamic market, DOGE’s 17.6% weekly gain to $0.37 demonstrates its enduring appeal. Meanwhile, Cardano is on the brink of a potential bull market, as technical patterns identified by analyst…
The Securities and Exchange Commission Philippines shared a draft of its cryptocurrency regulations framework. Stakeholders are invited to give feedback on the draft no later than Jan. 18, 2025. According to the recently shared document, the published regulatory draft is titled “SEC Rules on Crypto-Assets Service Providers (CASP Rules).” The framework covers a range of…
The cryptocurrency market today has been showing strength as blue chip coins, namely Bitcoin, Ethereum, and XRP navigate through bullish zones. Talking about a quick January recap, while Bitcoin and XRP witnessed decent gains, Ethereum remained relatively stable, hinting at potential trend shifts in the coming weeks. With the business’s total market cap holding firm…
Ki Young Ju, CEO of CryptoQuant, stated that Bitcoin (BTC) $101,521 is currently exhibiting classic bull market behavior based on network data. In a recent announcement on the social media platform X, he expressed that short-term BTC investors are entering the market while long-term investors are accumulating BTC. Short-Term vs. Long-Term InvestorsThe Role of Large…
Silver-tongued analyst turned bearish predicts another BTC dip. This time he expects BTC price to fall between $72,000 and $68,000. He also shares reasons behind his bearish expectations. Seasoned analysts notice bullish signals appear on the BTC price chart suggesting a possible recovery in the price of the pioneer crypto asset. Despite these indicators, one…
Ripple’s native cryptocurrency, XRP, has enjoyed a significant surge in price, climbing to $2.30 amid a wave of legal optimism in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). Market analysts suggest the cryptocurrency may continue its upward momentum, with speculation of an imminent resolution propelling investor confidence. Recent reports indicate that…
Pi Network price has pulled back from its all-time high. It initially peaked at almost $3 after the airdrop in February and has crashed by 45% to below $2. Pi coin remains significantly below the IoU price of $100, which it reached in November last year. This article explores why the value of Pi has…
Home » Journal » Top Crypto Analyst Predicts Remitiix To Surpass Pepe Crypto By 2025, With Potential 20x Gains By April The crypto scene is ablaze as a leading analyst predicts Remittix (RTX) will soon outshine PEPE, setting the stage for a major showdown in 2025….
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market has experienced a significant downturn recently, with a staggering $500 billion wiped out in just a few days. This swift correction has erased much of the gains made during December, highlighting the volatile nature of digital assets. However, despite…
Vitalik Buterin, one of the co-founders of Ethereum $3,359, addressed leadership change requests within the Ethereum Foundation. He shared insights on the foundation’s ongoing reforms and future expectations through a post on the social media platform X. Governance Changes at the Ethereum FoundationButerin’s Commitment to Neutrality Governance Changes at the Ethereum Foundation According to Buterin,…
As of the article’s publication, Bitcoin $94,032 is priced at $94,400, while many cryptocurrencies continue to trend downward. This persistent negativity in altcoins has been exacerbated by today’s drop in BTC. Notably, Trump announced progress in resolving the Ukraine conflict, and Macron has been persuaded to support this. Furthermore, the EU is prepared to take…
Join Our Telegram channel to stay up to date on breaking news coverage US Spot Bitcoin ETFs (exchange-traded funds) recorded their best net daily inflows in 6 weeks as traders and investors prepare for the upcoming Federal Open Market Committee (FOMC) meeting. The BTC funds saw $274.6 million enter their reserves collectively yesterday, marking the…
Chatter on social media suggests a new stablecoin law proposal that could bar offshore stablecoin issuers like Tether from holding US Treasuries. The proposal has been likened to a bill pushed by beleaguered exchange FTX and its then CEO, Sam-Bankman Fried, in 2022, who tried to shape regulations to benefit the exchange and impose regulatory…
In a recent evaluation of the two largest cryptocurrencies by market value, renowned analyst CredibleCrypto observed promising signals for Bitcoin $102,514. The analysis notes that Bitcoin has been undergoing a horizontal consolidation phase for the past month and a half, during which the market has displayed healthy indicators. A 20% decrease in open positions, absorption…
The broader market is showing signs of recovery after a period of turmoil, with altcoins regaining slight momentum as investor sentiment starts to stabilize. As the biggest altcoin by some distance, the strengthening of Ethereum’s network efficiency and scalability could foster a ripple effect for a wider altcoin surge, setting the stage for sustained bullish…