Ripple announces plans to launch a new fully asset-backed US dollar-pegged stablecoin later this year on XRP Ledger and Ethereum. Ripple says it expects the stablecoin market to grow almost 20-fold by 2028, with its new stablecoin encouraging increased enterprise adoption. Doubters of Ripple’s shift in strategy suggest it’s a last ditch attempt to save […]

BlockDAG Leads the Crypto Revolution: Surpassing Bitcoin Dogs Update with Innovative Tech and Unmatched 20,000x ROI With the latest developments from the Bitcoin Dogs update, investors are setting their sights on the future, but BlockDAG is stealing the spotlight. While Bitcoin Dogs has been creating waves with its dog-themed digital assets, the investment community is […]

Despite most recent market plunge, we might see swift reversal

The FBI in Raleigh warning consumers about a growing scam that is taking tens of millions of dollars from people in North Carolina alone.

Bitcoin price is attempting a recovery wave above the $66,500 resistance. BTC must clear the $70,000 resistance to continue higher in the near term. Bitcoin is facing many hurdles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100 hourly Simple moving average. There was a break above a key […]

A closely followed crypto analyst is predicting a red-hot altcoin built on the Ethereum (ETH) scaling solution Base will head to new all-time highs (ATHs). Crypto strategist Ali Martinez tells his 56,700 followers on the social media platform X that memecoin Brett (BRETT) could appreciate about 71% from its current value. “BRETT on Base presents […]

Payments platform Ripple is announcing its plans to create a new US dollar-pegged stablecoin on Ethereum (ETH) and the XRP Ledger. In a new press release, Ripple Labs says that its stablecoin, which has yet to be named, will be pegged 1:1 to the US dollar and will be 100% backed up by cash, short-term […]

TL;DR Dogecoin experiences a 10% weekly price decline after the recent bull run, following a broader market correction. Predictions for DOGE’s price include significant increases, with discussions on its potential for reaching new ATH. Dogecoin (DOGE) is among the worst-affected cryptocurrencies (from the top 10 list) from the latest market correction, with its price tumbling […]

TL;DR Halving Event: Bitcoin Cash (BCH) completed its second halving on April 3, 2024, reducing mining rewards from 6.25 to 3.125 BCH, marking a significant event for the network’s economy and its miners. Market Impact: The halving led to a price surge of 147.85% over three months before the event, followed by a 9.94% dip […]

TL;DR Fidelity’s FBTC ETF experienced a record influx of $113.5 million in one day, indicating strong investor interest in Bitcoin as an investment vehicle. The shift towards Bitcoin ETFs like FBTC suggests a market preference for regulated, secure, and user-friendly cryptocurrency investment options. The rise in Bitcoin ETF investments, particularly in FBTC, is seen as a sign of cryptocurrency’s growing […]

Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.” Ripple’s Legal Chief […]

Major financial services company Franklin Templeton, managing approximately $1.5 trillion in assets, believes Bitcoin is experiencing a “renaissance” in innovation driven by ordinals and other new developments on Bitcoin. JUST IN: $1.5 trillion asset manager Franklin Templeton says Ordinals drive ‘positive momentum’ in #Bitcoin innovation. Institutions are coming 🙌 pic.twitter.com/3lSDwNwE5Q — Bitcoin Magazine (@BitcoinMagazine) April 4, 2024 […]

Bitcoin’s true target could be higher than expected by majority

Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin on the XRP Ledger and Ethereum blockchains.

Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a major […]

The chief investment officer of Goldman Sachs Wealth Management reportedly thinks that investing in crypto is nothing more than a means of speculation. According to The Wall Street Journal, Sharmin Mossavar-Rahmani does not consider crypto as an investment class because it is nearly impossible to accurately value cryptocurrencies and these digital assets do not produce […]

CFTC Chairman Rostin Behnam views Ethereum as a commodity, amidst differing opinions and SEC’s silence on its classification. JPMorgan report indicates Ethereum’s decreasing centralisation could prevent it from being deemed a security, citing the importance of network decentralisation. However, BlackRock’s CEO Larry Fink believes that Ethereum’s classification as a security wouldn’t preclude the creation of […]

Raoul Pal repeatedly warns about the importance of careful investing, a sentiment echoed in discussions with Arthur Hayes. Hayes advises against FOMO, suggesting only a small portion of a portfolio should go to high-risk assets like memecoins. Despite potential for high returns, both Pal and Hayes caution against expecting life-changing wins from speculative investments. You’ve […]

As Polkadot and Chainlink face challenges, attention shifts to the potential game-changer, ICO crypto Raboo. With an entry-level token presale price of just $0.003, Raboo is poised to surge 100x in 2024, driving the $62 Billion Meme Market to new heights. However, amidst optimistic Chainlink price predictions, it grapples with its own hurdles, including scalability […]

There are around 18,000 Bitcoin options due to expire on April 5 with a notional value of $1.23 billion. However, today’s expiry event is much smaller than last week’s whopping $15 billion end-of-quarter crypto options expiry. Moreover, markets have been weaker this week, with total capitalization falling 5% as $150 billion left the space. Bitcoin […]

The chief investment officer of Goldman Sachs’ Wealth Management unit does not see cryptocurrency as an investment asset class. She also believes that bitcoin “creates absolutely no value in any shape or form.” Her perspective differs from that of some other Goldman Sachs executives regarding bitcoin and cryptocurrencies. ‘We Do Not Think It Is an […]

Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens to reshape the very fabric of the region and the day to day lives of […]

TL;DR Xoom, PayPal’s cross-border money transfer service, allows US users to fund money transfers to family and friends abroad using USD (PYUSD). There are no Xoom transaction fees when using PYUSD to fund eligible transfers. Users can select PYUSD as a financing option and convert it to USD to cover the transaction without cryptocurrency sales […]

TL;DR Pandora leads daily sales in the NFT market with US$1.6 million. Ethereum experiences a notable drop in sales. Collections such as Bored Ape Yacht Club and Azuki show a significant increase in transactions. On a day marked by surprising moves in the non-fungible token (NFT) market, Pandora, an Ethereum-based collection and pioneer of the […]

Cardano (ADA) is moving lower below the $0.620 resistance zone. ADA could gain bearish momentum and decline toward the $0.50 support. ADA price is slowly moving lower from the $0.670 zone. The price is trading below $0.620 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance […]

A widely followed crypto analyst is taking a look at the altcoin markets as they trade against Bitcoin (BTC). Crypto trader Michaël van de Poppe tells his 710,800 followers on the social media platform X that altcoins are down big right now when trading against BTC. “Altcoins are down 50-70% in their Bitcoin pairs. That’s an actual […]

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce criticizes the agency for making little public engagement. During a speech, Peirce says that those who approach the securities watchdog with their concerns more often fail to get the response that they need. “Productive interactions with the SEC are fewer and further between than they were […]

Robert Kiyosaki warns about inflation’s non-stop growth, highlights importance of Bitcoin at this particular time

NEW YORK — The Brooklyn district attorney announced a major cryptocurrency scam bust Thursday. District Attorney Eric Gonzalez says his team …

In the latest development in the $4 billion OneCoin cryptocurrency Ponzi scheme, the company’s Head of Legal and Compliance, Irina Dilkinska, has been sentenced to four years of imprisonment in the United States. She was ordered to pay over $111 million in restitution. Another OneCoin Associate Goes to Jail The sentencing, which took place yesterday […]

Research is starting to show that a trend-following strategy—which capitalises on market momentum—is superior to ‘buy and hold’ for Bitcoin trading. Similarly, copy-cat strategies are starting to go mainstream; an ETF has launched that tracks Bitcoin trends and allocates capital accordingly. Experts warn this strategy is not without risks and doesn’t work for all cryptocurrencies, […]

Franklin Templeton turned its attention to Bitcoin Ordinals in its latest publication from the Digital Assets Division. The financial giants have long been allies of the crypto industry, with the team filing for a spot Ether ETF later this year. The report highlights the significant increase in trading volume – in particular of Ordinals and […]