Ripple Launches Crypto Custody Services: Will this Boost the Ecosystem?

Ripple has introduced new crypto custody services for banks and fintech firms, expanding its business into digital asset storage. The new service aims to let clients store and manage cryptocurrencies securely with XRP Ledger integrated. Ripple is diversifying outside payment settlement and consolidating its custody efforts. Ripple Enters the Crypto Custody Market This news custody…

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Paxos Stablecoin USDL On Arbitrum Opens Up Several Potential Use Cases

The Arbitrum Layer 2 network is now home to Paxos International’s yield-bearing stablecoin, Lift Dollar (USDL). With this expansion, the Arbitrum ecosystem will open for users and developers. The purpose is to offer fast transactions and inexpensive means of gaming, social applications, and decentralized finance (DeFi). Integrating USDL will boost Arbitrum’s robust DeFi environment. Users…

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Littio Switches To Avalanche for RWA Yield Vaults Amid Growing Demand

Colombia’s Littio Neobank plans to switch its real-world asset yield vaults from Ethereum to Avalanche due to the rising demand. The collaboration with OpenTrade enables users to earn stable returns on USDC balances backed by U.S. Treasury bills. Avalanche’s lower fees and faster transaction speeds make it more possible to support Littio’s growing customer base….

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Bitcoin (BTC) At “Psychological Turning Point”, History Shows What Comes Next

Onchain data analytics platform CryptoQuant reports that the price of Bitcoin (BTC) is trading at a psychologically important level. Historically, this level serves as a barometer for market sentiment and Bitcoin’s future price movements For now, BTC is attempting to find a balance in the $62,000 price range. The CryptoQuant Thesis on Bitcoin (BTC) Price Trend CryptoQuant’s…

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DOGE Prepares to Outperform BTC Once Again as Analyst Compares Dogecoin and Bitcoin Cycles

October 9, 2024 at 04:35 PM GST updated: October 9, 2024 at 12:15 PM 2 mins read News Dogecoin’s gains increase each cycle, surpassing Bitcoin’s declining performance. Bitcoin’s growth peaked early, while Dogecoin shows continued strength. Dogecoin may outperform Bitcoin again in the next cycle. Bitcoin price hovers in the $62,000 range and analysts switch…

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Circle, Sui Network Partner For USDC Blockchain Integration

Circle has positioned itself to integrate natively and directly into native Sui Network Layer 1, an optimal blockchain determined by the incorporation of the Move programming language. This partnership will therefore provide a concrete and major step towards easy, convenient, and efficient use of stablecoins through multiple blockchains. It will also empower users with enhanced…

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Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns

Este artículo también está disponible en español. According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, Bitcoin Fails To Outshine Gold The leading digital asset by reported market cap surged from roughly $42,000…

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LINK Remains Bullish Despite Short-Term Setbacks

October 9, 2024 at 10:30 AM GST updated: October 8, 2024 at 10:53 PM 2 mins read News LINK remains resilient, trading between $10.25 and $12.38 despite recent setbacks.   Key support and resistance levels indicate potential price movements for LINK.   Increased whale activity and partnerships boost Chainlink’s long-term growth prospects.   Chainlink (LINK) is holding strong…

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3 Altcoins Revolutionizing the Digital Space: TRX, LINK, UNI

October 9, 2024 at 09:20 AM GST updated: October 8, 2024 at 10:52 PM 2 mins read News TRON supports dApps and smart contracts, connecting content creators with users directly. Chainlink enables secure data transfers across blockchains, vital for decentralized finance. Uniswap simplifies ERC-20 token trading, driving decentralized exchange and DeFi innovation. Utility tokens offer…

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VeChain Secures Patent for Innovative User Identity Authentication

October 9, 2024 at 08:20 AM GST updated: October 8, 2024 at 10:55 PM 2 mins read News VeChain secures a patent for innovative user identity authentication, enhancing data security.   The new method provides decentralized protection against cyber threats and data breaches.   VeChain’s advancement transforms industries’ approaches to digital identity management and trust.   VeChain has…

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Algorand Excelling With MiCAR-Compliant Stablecoins: Why and How

In the wake of the European Union’s new regulatory framework, Algorand is taking a leadership role in the European crypto market. They recently introduced two MiCAR-compliant stablecoins, $EURD and $USDCa. Launching these stablecoins allows for fully regulated and secure digital asset options for European users. This takes place under the Markets in Crypto Asset Regulation (MiCAR). This…

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Top Coins to Consider for Early Retirement, Unlock Financial Freedom by 2026 with ETH, FTT, and APT

October 8, 2024 at 06:30 PM GST updated: October 8, 2024 at 05:21 PM 2 mins read News Ethereum powers smart contracts and decentralized apps; energy-efficient after the Proof-of-Stake transition. FTT offers trading discounts and features; resilient with support from major companies. Aptos tackles high fees with Proof-of-Stake; designed for secure and scalable Web3 applications….

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$147M Crypto Withdrawn Amid Uptober Rally

Last week brought significant changes to the landscape of global investment in cryptocurrencies. The crypto investment products saw $147 million in net redemptions, which snapped a three-week inflow. The digital currency exchange saw the biggest outflow of Bitcoin funds of $159 million, while Ethereum also recorded outflows of $28.9 million. James Butterfill, the Head Of…

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ETH Approaches $2,500 Target, Analyst Remains Uncertain Amid Next Key Resistance Level

October 8, 2024 at 09:50 AM GST updated: October 7, 2024 at 11:56 PM 2 mins read News ETH hovers around $2,500, facing uncertainty in breaking key resistance levels.   Daily charts show tight price ranges, indicating potential volatility and market movements ahead.   Analysts predict cautious sentiment among traders amid declining open interest and previous liquidations.  …

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Ethereum Proposal EIP-7781 Promises Network Performance Boost

Este artículo también está disponible en español. Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees.  What Is Ethereum Improvement Proposal – 7781?  EIP-7781 has garnered attention from the Ethereum (ETH) community due to its potential impact on the smart…

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21Shares Requests European Regulators to Clarify Crypto Regulations

21Shares calls on the European Securities and Markets Authority (ESMA) to grant crypto assets a unified regulatory status within UCITS funds. The discussion centers on reconciling discrepancies between European countries, some allowing crypto trading through UCITS funds but others not. The firm believes clear, consistent rules would protect investors and simplify crypto investments. Regulatory Fragmentation…

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