Ripple has been experiencing uncertain market activity, with the price lacking clear momentum. However, the price has now reached a critical and narrow range, with a breakout being essential to establish a definitive trend. XRP Analysis By Shayan The Daily Chart A detailed look at the daily chart reveals that Ripple’s price has been confined […]
Following a bullish surge towards the $71K threshold, Bitcoin faced heightened selling pressure, leading to a slight bearish rejection. However, the cryptocurrency encounters a robust support region that may lead to a renewed bullish move in the short term. Technical Analysis By Shayan The Daily Chart A detailed analysis of the daily chart reveals that […]
Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer 2 solution’s stablecoin market cap soared to a whopping $1.5 billion, reflecting a significant 19% increase on a quarter-over-quarter basis. Stablecoin Adoption on Polygon Soars Tether’s solidified its position as the dominant stablecoin […]
In a high-profile case involving a massive cryptocurrency fraud, a British-Chinese woman, Jian Wen, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, aged 42, was found guilty in March of laundering Bitcoin on behalf of her […]
TL;DR The SEC’s approval of ETH ETFs has increased volatility, with analysts predicting potential rallies and significant future growth. Positive on-chain metrics, like rising TVL and negative exchange netflow, indicate a possible bull run for Ethereum. ETH’s Next Possible Step Ethereum made the headlines last week after the US Securities and Exchange Commission (SEC) officially […]
Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions that simplify and secure blockchain transfers. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of cumbersome blockchain addresses. This new capability is designed to enhance transaction […]
With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent […]
After a few days of sideways trading, bitcoin’s price headed south on Friday and slipped to a weekly low of around $66,600 before it recovered approximately a grand. The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark. BTC Recovers The start of the business […]
TL;DR XRP has stayed stable between $0.51 and $0.54 despite market volatility, with analysts predicting a potential rise due to its low RSI ratio. The upcoming launch of a Ripple stablecoin, a possible XRP ETF, and a settlement in the lawsuit against the US SEC could also drive a price increase. Is XRP Ready to […]
Rashawn Russell, a former investment banker, has been sentenced to 41 months in jail for wire fraud related to a cryptocurrency and access device fraud. Russell’s sentencing took place at the Eastern New York District Court in Brooklyn after his September 2023 guilty plea. Former Banker’s $1.5 Million Crypto Fraud Prosecutors detailed that Russell began […]