XRP Maintains Support: Can It Rise Amid BTC and ETH Declines?
XRP price extended gains above the $0.6220 zone. The price tested the $0.6330 zone before there was a pullback amid declines in BTC and ETH. XRP price started a downside correction from the $0.6330 zone. The price is now trading near $0.600 and the…
Hong Kong Launches Its First Inverse Bitcoin ETF Product
CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value…
Ethereum Price Drops 8%: What’s Next for the Altcoin Giant?
Ethereum price started a major decline from the $3,500 resistance zone. ETH is down over 8% and might continue to decline toward the $3,120 support. Ethereum is gaining bearish pace from the $3,500 resistance zone. The price is trading below $3,400…
Machine Learning Algorithm Predicts Shiba Inu Price Will Rise 119% In 5 Days
With the vast popularity of Shiba Inu in the crypto space and millions of investors holding the SHIB token, the direction of the price has always been an interesting and hotly debated topic. Expectations are that the meme coin will continue to rise…
Majority of Americans Believe US in Recession, Survey Shows
New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief…
Bitcoin Price Falls Again: Is Bearish Momentum Returning?
Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support. Bitcoin started a fresh decline from the $68,500 resistance zone. The price is trading below $65,500 and the 100…
Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.
Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to…
Analyst Warns Of A POPCAT Correction Following 230% Surge
The Solana-based memecoin Popcat (POPCAT) has been making the headlines for the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in the past month, which propelled the token to a…
Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email
Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail…
Ethereum Whales Take Over, ETH Stuck Below $3,500: What’s Going On?
Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances…
Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar
Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as…
Ferrari Launching Crypto Payment System for European Market
Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in…
Golden Cross Appears On XRP Price Chart, Factors That Could Drive A Fresh Rally
The XRP price has struggled despite scoring multiple partial victories against the United States Securities and Exchange Commission (SEC) over the last year. The initial surge was not enough to push it into the coveted $1 level. However, this has…
Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors
Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee’s efforts in…
Nigeria to Train 1,000 Residents Annually in AI and Blockchain Technologies
The Federal Government of Nigeria has launched an initiative to train 1,000 Nigerians annually in artificial intelligence (AI), blockchain, and other cutting-edge technologies. The program, called the “AI Expertise Blockchain and Technology…
Stand With Crypto PAC has received $14K since launch, not $179M
Money from cryptocurrency advocates could play a role in the 2024 election cycle, so why does the Stand With Crypto PAC seem to be obfuscating its numbers?
Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold…
Will PEPE Climb 30% This Week? This Analyst Thinks So
Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common…
Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says
Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with…
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