Ripple’s XRP has experienced a blend of rises and falls, recently moving past the $0.532 resistance and peaking near $0.5493. Dark Defender offers a short-term bullish outlook, projecting potential hikes toward $0.66.Upon analyzing the 4-hour chart for the XRP/USD trading pair, a key bullish trend line with proximate support near the $0.504 point is revealed. […]
Google Cloud recently joined the decentralized validator set for the Polygon network, a move that will enhance the overall performance of Polygon PoS. The introduction of new validators will strengthen the network’s collective security and governance. The news has been met with mixed reactions from the Polygon community. Google Cloud will now be responsible for […]
Solana (SOL) has been gaining traction in the crypto market, with a well-known crypto analyst suggesting that it is a prime opportunity for long-term investors. The analyst, Inmortal, has forecasted a target price of $250. CoinShares’ crypto fund report also highlights Solana’s consistent institutional inflows, with $31 million attracted in 2023 alone.AI-based price prediction algorithms […]
The United States Securities and Exchange Commission (SEC) is expected to reach a final verdict on the seven firms in question by mid-March. Eric Balchunas, an ETF analyst at Bloomberg, has adjusted the probability of a spot Bitcoin ETF gaining approval by the close of 2023 to 75%, and further increased those odds to 95% […]
A class-action lawsuit has been brought against Binance.US and its CEO, Changpeng Zhao, accusing them of attempting to monopolize the cryptocurrency market and negatively impacting competitor FTX. The lawsuit claims that Zhao used social media, particularly Twitter, to spread information and manipulate the market value of FTX’s utility token FTT. It is alleged that Zhao […]
Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ) are facing a class action lawsuit in California federal court. The lawsuit was filed by an FTX user who lost assets when FTX collapsed and filed for bankruptcy last month. It alleges that Binance, which held a stake in FTX’s FTT token, made […]
On October 2, nine Ethereum futures ETFs were launched in the US, but initial trading volumes were low according to industry experts. Eric Balchunas, a Bloomberg ETF analyst, said that the volume was “pretty meh” and less than $2 million had been traded by midday. This was compared to the first Bitcoin futures ETF, BITO, […]
The US Securities and Exchange Commission (SEC) has approved the first Ether-based exchange-traded funds (ETFs) in the US, making the second-largest cryptocurrency by market capitalization more accessible to institutional investors. However, the products come with some drawbacks, as evidenced by the low trading volume. Two years ago, the crypto industry celebrated a milestone when the […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move is intended to revolutionize and decentralize the $377 Billion digital advertising landscape.Base Chain is renowned for its robust scalability, security, and efficiency, and aligns seamlessly with TYRION’s mission to offer unparalleled advertising solutions, […]
Coinecta, a decentralized Web3 launchpad, has announced its entrance into the Cardano ecosystem. The platform offers a middleman-free fundraising model for cryptocurrency protocols, with its core native cryptocurrency asset, CNCT token, set to be released soon. The CNCT token will be stakable, and the IDO launchpad will accept both Cardano’s core ADA token and Djed, […]
