Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle
The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. According to local sources, the country’s…
XRP Price Retreats After Massive 80% Rally, Buy The Dips?
XRP price rallied over 80% after the court’s ruling and jumped above $0.80 against the US Dollar. It tested the $0.95 zone and is currently correcting gains. Ripple’s token price surged above the $0.65 and $0.80 resistance levels against the US…
Ethereum Price Breaks $2,000 As The Bulls Take Over Crypto Market
Ethereum price is up over 7% and trading above $2,000 against the US Dollar. ETH gained pace after XRP jumped over 80% and cleared $0.90. Ethereum is up over 7% from the $1,850 support zone. The price is trading above $1,980 and the 100-hourly…
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which…
Bitcoin Price Attempts To Follow XRP But This Resistance Is The Key
Bitcoin price started a fresh increase after XRP’s massive rally. BTC is trading above $31,400 and might rally if there is a close above $32,000. Bitcoin is moving higher above the $31,000 and $31,400 resistance levels. The price is trading above…
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking…
Hidden as colors, crypto seed phrases could hide in plain sight, says dev
Speaking to Cointelegraph, Entero Positivo argued typical seed phrase storage methods are too obvious, so he devised a way to hide a crypto wallet in plain sight.
Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he…
Perfect Storm: Why Bitcoin & Crypto Are Poised For A Dramatic Recovery
Bitcoin is flirting with $32,000 per coin, XRP just posted a 100% intraday rally, and suddenly cryptocurrency prices are green again. The sudden change is all part of a possible perfect storm brewing — one that leads to a dramatic recovery and new…
Predicting the Unpredictable: AI Chatbot Claude Outlines Potential 2024 Prices for Top 40 Crypto Assets
Two weeks ago, Bitcoin.com News used six artificial intelligence chatbots to predict the price of bitcoin (BTC) by the end of 2023. After the release of Anthropic’s Claude 2 in July, we conducted another experiment, tasking Claude with…
First Mover Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
Ripple Labs Ruling Throws U.S. Crypto-Token Regulation into Disarray
The only thing this ruling guarantees is continued uncertainty in the cryptocurrency markets – uncertainty only Congress can correct, says Preston Byrne.
Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case
The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto…
Texas Blockchain Council director announces run for state house
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed's exploration of a central bank digital currency and planned to push for “digital freedom”.
UK bill on online safety should apply in the Metaverse, say lawmakers
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”.
FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.”…
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