XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?
Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin…
Bitwage CEO: Stablecoins Have Been a Lifesaver for Argentines
Jonathan Chester, CEO of Bitwage, has detailed how the company has been serving Argentine remote workers who prefer collecting payments from employers abroad in stablecoins. Chester stated that 70% of its customers in the country use stablecoins…
Over 80% of 2022 crypto startups are still kicking despite market chaos
More than 1,200 crypto startups raised funds during a tumultuous year of crypto collapses, and 80% of these projects are still building today, according to Lattice Fund.
Dogecoin (DOGE) Falls to Support: Can It Avoid a Breakdown?
Dogecoin extended losses and traded below $0.1120 against the US Dollar. DOGE is now stable above $0.100 and attempting a rebound. DOGE price started another decline below the $0.1150 and $0.1120 levels. The price is trading below the $0.1120 level…
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose…
XRP Price Fights to Regain Momentum: Will It Break Through??
XRP price extended losses and tested the $0.5785 support level. The price is now attempting a fresh increase and facing hurdles near $0.620. XRP price declined further below the $0.6120 zone. The price is now trading below $0.6250 and the…
Shiba Inu Leads Whale Frenzy: Large SHIB Transfers See Massive 360% Spike
On-chain data shows Shiba Inu is among the altcoins that have enjoyed a sharp uptick in interest from the whales over the past week. Shiba Inu Whale Transaction Count Has Just Seen A Massive Surge In a new post on X, the on-chain analytics firm…
Binance Secures Regulatory License in Kazakhstan for Crypto Trading
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian…
Ethereum Price Extends Losses: Is The Downtrend Set to Continue?
Ethereum price is gaining pace below the $2,550 resistance. ETH is now trading above $2,500, but it might struggle to recover above $2,550. Ethereum started a downside correction below the $2,550 zone. The price is trading below $2,520 and the…
Bitcoin Price Falls To $60K: Is A Rebound Possible?
Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside. Bitcoin is down over 5% from the $65,000 resistance zone. The price is trading below $63,500 and the…
Is This VC Cashing Out? Moves UNI, COMP, AAVE, And SNT Tokens To Binance
Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in…
Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice
Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment…
Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months
Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin’s current price behavior…
The Spectre of Sam Bankman-Fried Overshadowed Caroline Ellison's Sentencing
Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week.
Is Bitcoin On The Brink Of A Reversal? Here’s What This Key Indicator Suggests
Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for…
Robinhood Crypto Launches Crypto Transfers for European Users
Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the…
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with…
Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand
Cardano has seen a strong 26% surge following the Federal Reserve’s interest rate cuts announcement two weeks ago, boosting optimism across the crypto market. Analysts and investors are questioning the sustainability of the recent surge…
Nigeria Unveils Oil-for-Naira Program to Stabilize Local Currency
Nigeria began selling crude oil to billionaire Aliko Dangote’s new refinery in naira on October 1st. This “oil for naira” scheme aims to ease pressure on the struggling Nigerian currency, the naira, which has lost significant…
Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges
With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs)…
Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East…
Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.
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