A Wall Street financial specialist has made a compelling case for Ripple’s IPO, predicting that the crypto payments provider would launch its IPO in the coming year.  Ripple IPO Imminent Bestselling author and Wall Street investment expert, Linda P. Jones, recently made an appearance as a speaker at Linqto, a leading global financial investment platform.  […]

Worldcoin (WLD) experienced a sharp decline in its market price on Saturday after its founder, Sam Altman, was removed as the CEO of popular artificial intelligence company OpenAI. This development follows the heavy regulatory scrutiny on the crypto project due to privacy concerns. Related Reading: Regulatory Pressure Mounts On Worldcoin, Can WLD Price Recover? OpenAI Votes Out Sam Altman, Cites Loss Of Confidence In a shocking development on Friday, OpenAI announced a leadership change, stating that Sam Altman will immediately exit the company as its CEO.  In this statement, the company....

The prospect of a spot Bitcoin ETF (exchange-traded fund) trading in the United States has been the major topic of discussion in the cryptocurrency space over the past few weeks. In the latest development, a Bloomberg analyst reported that the US Securities and Exchange Commission has been engaging with exchanges concerning the spot Bitcoin ETF […]

Fidelity, a prominent asset management firm with over $4.5 trillion in assets under management, has formally submitted an application for the establishment of a Spot Ethereum Exchange-Traded Fund (ETF). The decision is a response to the recent action taken by BlackRock, an asset management company, which submitted their application for an Ethereum Exchange-Traded Fund (ETF) last week. Fidelity Is 7th On The List Fidelity Investments has recently positioned itself as the seventh asset management in the United States to pursue the aforementioned product. Based on the SEC’s Form 19b-4....

In a stunning turn of events, OpenAI, the visionary force behind the groundbreaking ChatGPT launched just a year ago, dropped a bombshell on Friday. The company announced the abrupt dismissal of CEO Sam Altman, a central figure in the AI revolution, sending shockwaves through the tech world. According to a company statement, a thorough review […]

A surge in Bitcoin derivatives activity reminiscent of late 2021 has sparked renewed enthusiasm among traders. Factors such as the cost of perpetual futures trades and increasing options open interest indicate a revival of speculative interest in Bitcoin.  The cryptocurrency has experienced a significant price recovery this year, more than doubling in value after a […]

Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). The R/Note is a revenue-sharing digital security that is backed by Republic’s private equity portfolio, which includes over 750 assets. Republic And Avalanche Forge Partnership According to Republic’s announcement, Avalanche was chosen for several key reasons. Firstly, its scalability and speed ensure that Republic Note holders can enjoy seamless and cost-effective....

Bill Morgan, an XRP advocate, has recently expressed skepticism regarding the lofty price targets for XRP circulating on social media. While the digital asset community is often rife with bullish predictions, Morgan’s realistic outlook presents a grounded perspective on the potential of XRP’s value. The Parabolic Price Move: A Myth Or Reality? Since the significant ruling in the SEC v. Ripple case on July 23, which brought legal clarity to XRP, the asset has seen an uptick in its trajectory. Related Reading: Altcoin Delight: Solana Balloons To 50%, Nearly Triples In A Month –....

Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved even through the crypto market dip and it seems that there is only one thing in the way of Cardano’s rise to a new yearly high. Falling Wedge Pattern Holds Back Cardano According to a crypto analyst on the TradingView website, the one thing that is holding back the Cardano price from mounting a....

XRP experienced a significant decline over the past week due to unprecedented market whirlwinds. However, the crypto asset has regained bullish momentum from this dip, signaling an upward trajectory. XRP Experiences Rebound After Plunge XRP daily chart has shown resiliency recently, pulling off a noteworthy rebound following a drop that unnerved traders and investors. The chart shows that the cryptocurrency is speedily recovering from its fall. The recent price movement indicates that XRP might be approaching the $0.70 mark. The token’s capacity to stay above the 50-day and 100-day....

Ethereum and its founders have been the target of various accusations in the last couple of weeks ranging from fraud to the blockchain being run by the Chinese. On-chain investigator Boring Sleuth has been one of the most vocal when it comes to Ethereum founders’ alleged wrongdoing, tying the network to the Chinese. The most […]

An analyst has explained how a pattern forming in the 3-day Ethereum chart could signal that a decline toward $1,700 may be coming. Ethereum Has Recently Formed A TD Sequential Sell Setup In a new post on X, analyst Ali talked about a sell signal that has taken shape in the ETH 3-day chart. The relevant technical indicator here is the “Tom Demark (TD) Sequential,” which is used to spot reversals in the price of any asset. The metric is made up of two phases; a setup phase and a countdown phase. In the former, candles of the same polarity are counted up to nine following a....

Daniel Batten, a climate tech investor, Bitcoin environmental impact analyst, and CEO of CH4 Capital, has released another groundbreaking research that positions BTC as the world’s premier Environmental, Social, and Governance (ESG) asset. His analysis provides a detailed and data-driven perspective on Bitcoin’s potential and challenges the prevailing narratives. Bitcoin Market Cap To Hit $3.3 […]

Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s price could go. Lido DAO To Beat Previous $7.22 All-Time High Back in the bull run of 2020-2021, the price of Lido DAO’s native LDO token soared with the rest of the market and eventually touched its all-time high price of $7.22. Naturally, this has been the....

As the year draws to a close, enthusiastic cryptocurrency fans and hardworking Bitcoin miners are celebrating a profitable boom all across the world. The daily profits for people who practice crypto mining have risen to previously unheard-of heights, making the activity an even more seductive and profitable endeavor than it was before—akin to unearthing digital […]

The Shiba Inu community burn has picked up steam once more after a week of subpar performance. The SHIB burn initiative which is looking to drastically reduce the amount of SHIB tokens in circulation burned over 17 million tokens in one day, a significant jump from the prior day’s figures. Shiba Inu Burn Rate Up […]

The price of Ethereum (ETH) exhibited superior performance compared to Bitcoin (BTC) in the previous week, mostly because of the registration of Blackrock’s Spot ETF, which instilled optimism that ETH will surpass its previous peak in 2023 and exceed $2,500. Related Reading: Celestia Strikes: How This Lesser-Known Coin Went Berserk With 126% Price Explosion In a groundbreaking twist since the Ethereum (ETH) Shanghai upgrade earlier this year, the value of Ether has triumphantly surpassed the $2,000 milestone, propelled by the recent surge in Bitcoin (BTC) towards the $38,000 mark.....

In the wake of Ripple’s announcement regarding the integration of an Automated Market Maker (AMM) into the XRP Ledger (XRPL), the community has been abuzz with speculation and debate. Central to this discourse is the potential transformation of XRP in light of this update, particularly in regard to its classification and function as a digital asset. Ripple’s Chief Technology Officer, David Schwartz, previously hailed this update as the most significant for XRPL, raising expectations among stakeholders. Additionally, at the recent Swell conference, Ripple revealed plans to....

Recent reports from the Bitcoin mining firm Marathon Digital Holdings have revealed the firm’s latest strategies in advance of the forthcoming Bitcoin Halving event which is expected to take place in April 2024. Latest Approach Prior To Bitcoin Halving According to the press report, Marathon is embracing an International joint venture model as its latest […]

Institutional inflows into digital asset investment products based on Solana spiked last week, particularly as these investment products saw a 7th consecutive week of inflows.  Digital asset investment products have had inflows since the end of September and throughout October, reflecting the bullish sentiment in the broader crypto market. As a result, inflows into Solana have increased steadily, and last week jumped by 15% compared to the week before.  Solana Institutional Inflows Surge Solana has been on an incredible run recently and has had one of the best price gains this month.....

The US Securities and Exchange Commission’s (SEC) annual enforcement report for Fiscal Year (FY) 2023, detailing the filing of 784 enforcement actions, orders for nearly $5 billion in financial remedies, and distribution of nearly $1 billion to harmed investors, has sparked a fervent response from the XRP community. SEC Chair Gary Gensler emphasized the significance […]

Celebrated as the paramount force in the realm of Web3 gaming, Immutable X (IMX) has emerged as the go-to blockchain, steering the course for NFTs and in-game transactions. This blockchain powerhouse has solidified its position as the industry leader, particularly renowned for its association with blockbuster titles such as Gods Unchained and Guild of Guardians. The native token IMX of Immutable X has had an amazing upswing, rising by an astounding 140%, in an intriguing turn of events. From the bottom of a bear market, when it was trading at under $0.50, it has made a spectacular comeback....

The Delaware authorities have taken over the case involving the false BlackRock XRP ETF filing which appeared on the Delaware’s Department of State Division of Corporations on Monday. Authorities Probe Blackrock XRP ETF Legitimacy Amidst the excitement surrounding the introduction of ETFs into the crypto market, concerns have also been raised about the existence of […]

In a detailed market update, Charles Edwards, founder of Capriole Investment, has provided an in-depth analysis of Bitcoin’s current market position, highlighting a pivotal shift to an ‘expansion’ phase in the Bitcoin Macro Index. This transition is particularly noteworthy as it parallels conditions observed prior to historical price surges in Bitcoin’s valuation. Bitcoin has recently experienced a sharp uptick, ascending from $34,000 to an interim high of $38,000. After a brief period of resistance, the price corrected to approximately $36,500. Edwards highlights....

The mastermind behind the famed NFT “rug pull” heist is now, in an unparalleled turn of events in American history, staring down the barrel of federal justice and the threat of a long prison sentence. Aurelien Michel, a French citizen and the brains behind the Mutant Ape Planet nonfungible token (NFT) collection, has entered a […]

JPMorgan Chase & Co. anticipates that its digital currency, JPM Coin, will facilitate daily transactions amounting to $10 billion in the coming year. Umar Farooq, the Global Head of Financial Institution Payments at the bank, revealed this projection during an interview with Bloomberg held at the Singapore FinTech Festival. Farooq’s insights shed light on the ambitious expectations the financial institution has for the widespread adoption and utilization of JPM Coin as a means of conducting transactions in the digital financial landscape. Related Reading: Celestia Strikes: How This....

Cathie Wood, the CEO of Ark Invest, in an interview with Yahoo Finance, provided a deep dive into the status and future prospects of a spot Bitcoin ETF. Her detailed insights offer a rare glimpse into the interactions with the Securities and Exchange Commission (SEC). Ark Invest’s SEC Engagement Wood described a significant shift in […]

XRP price started a downside correction from the $0.750 zone. The price retested the $0.600 support zone and might soon attempt a fresh rally. XRP started a downside correction from the $0.750 resistance zone. The price is now trading below $0.650 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.6550 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might correct further lower, but the bulls could remain active near $0.600. XRP Price Dips Below $0.650 After rallying above the $0.720 resistance, XRP....

Ethereum price started a downside correction and traded below $2,000. ETH must stay above $1,920 to start a fresh increase in the near term. Ethereum is correcting gains and testing the $1,920 support zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,000 resistance zone in the near term. Ethereum Price Holds Key Support After struggling to clear the $2,120 resistance, Ethereum....

FTT, the native token of the FTX ecosystem, rallied by 180% last week, emerging as one of the top performers. The rally, Kaiko, a blockchain analytics platform observes, was primarily due to comments by the stringent United States Securities and Exchange Commission (SEC) leader that the FTX 2.0 relaunch is possible.  FTT Soaring On Hopes Of FTX Relaunching In an X post on November 14, Kaiko also notes that related FTT trading volume soared, signaling possible accumulation by traders and believers of FTX. At spot rates, FTT trading volume, looking at how the token performs in Binance, one....

Bitcoin price declined below the $36,000 zone. BTC tested the $34,650 support zone and is currently consolidating losses near $35,500. Bitcoin declined heavily after the US CPI declined more than expected. The price is trading below $36,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $36,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could trade in a range before the bulls attempt a new increase in the near term. Bitcoin Price Revisits Key Support Bitcoin price failed to surpass the $37,500....

The altcoins market has recently witnessed a resurgence of interest and confidence, primarily driven by the largest cryptocurrency, Bitcoin (BTC). This renewed enthusiasm has resulted in a bull uptrend, with most of the top 100 cryptocurrencies benefiting from Bitcoin’s resurgence.  However, the market is currently experiencing a correction as Bitcoin and Ethereum (ETH) face pullbacks after failed attempts to breach upper resistance lines. Despite this correction, crypto analyst Miles Deutscher shares insights and highlights several altcoins with potentially significant gains. SOL....

Solana (SOL) has been soaring, looking at the performance in the daily chart. At spot rates, the coin is trading above $50, up 520% in the past year when it slipped below $8 following the collapse of FTX, a now-defunct crypto exchange, and Alameda Research, a trading wing linked with FTX and one of the leading crypto market makers. Solana Blistering Rally At The Back Of Dropping Liquidity? Though Solana is “blistering” and at new 2023 highs, Kaiko, a crypto analytics platform, is concerned about the disparity in liquidity in USD and “native unit” terms. Typically,....

The Chainlink rally has slowed down recently; here’s what the various LINK on-chain metrics look like to see if the surge has hope of a restart. Chainlink Has Registered Some Drawdown In The Past 24 Hours Just during the weekend, Chainlink had been floating above the $16 mark, but winds seem to have shifted for the coin in the past couple of days, as it has registered some drawdown. During the last 24 hours alone, LINK has dropped around 6%, leading to its price slipping below the $14 level. The chart below shows how the cryptocurrency has performed in the past month. LINK appears to....

BlackRock, the leading asset manager in traditional finance, has highlighted potential risks associated with stablecoins for investors considering its proposed iShares Bitcoin spot exchange-traded fund (ETF).  Despite BlackRock’s significant involvement in the crypto industry, such as pursuing a Bitcoin spot ETF and registering an Ethereum trust, it now emphasizes concerns regarding the impact of stablecoin […]

An XRP and crypto enthusiast on X (formerly Twitter) has announced the launch of the newest version of the XRP Ledger, highlighting core updates and new functionalities on the upgraded ledger.  XRP Ledger New Version XRP enthusiast, Krippenreiter has released the latest details on the newly upgraded XRP ledger on an X post on November 12. The update introduces four distinct changes incorporated into XRPL’s new version as well as four proposed amendments for the ledger.  Related Reading: Ethereum Spot ETFs: BlackRock Takes The Fight To SEC With New Filing “A new major breaking change is on....

Ethereum and Cardano are two popular smart contract platforms. While the latter is peer-reviewed and led by research, Ethereum enjoys a first-mover advantage and has the largest total value locked (TVL) if decentralized finance (DeFi) is a leading metric. However, one user on X thinks Cardano is ahead of Ethereum on features. This position was […]

On Monday, news quickly spread after a BlackRock XRP ETF filing popped up on the Delaware Corp. Commission website. The filing has since been claimed to be false. But the damage was already done as the token’s price surged quickly before reversing. One interesting development from this event though was a curious correlation that emerged between the XRP price and the XLM price at the time. While the news was localized to XRP, XLM had surged just as much, emerging with a stunning correlation between the two. XRP And XLM Correlation Balloons In the wake of the rumored BlackRock XRP ETF....

Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have proven to be one of the best ways for crypto investors to make massive returns on investments. But amid all of the scams and rugs that have dominated crypto and decentralized finance (DeFi), they can be hard to spot. In line with this, one crypto […]

The recent Bitcoin (BTC) price surge has ignited renewed interest and confidence among investors, leading many to believe that the BTC bull run is accelerating.  According to trader and crypto analyst Adrian Zduńczyk, Bitcoin has reached a new 52-week closing high and has maintained a close above the previous high of $32,000 for three consecutive weeks.  This sustained upward momentum indicates a strong bullish trend sentiment and signals the beginning of the third wave of the Bitcoin bull run. Analyst Highlights Key Trends Zduńczyk points out several dominant trends that contribute to the....

Dapper Labs, the Web3 game studio known for projects such as National Basketball Association (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (NFT) market. The company revealed its plans to launch Disney Pinnacle, a “cutting-edge” digital pin-collecting and trading platform.  This new platform will showcase characters from Disney’s century-long […]

On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked. Ethereum Average Fees Recently Hit The $5.72 Mark According to data from the on-chain analytics firm Santiment, the transaction fees on the ETH network have shot up as the cryptocurrency has recently broken above […]

The inventor of Ethereum, Vitalik Buterin, published an article discussing implementing a new scalability solution. According to a document posted on his blog, several benefits could come from introducing “Plasma,” a scalability solution invented 6 years ago, in the early years of ETH. Related Reading: ‘Ripple Is The Internet Of Value’ Ethereum Founder Vitalik Buterin […]

The Shib magazine has put boxing legend Manny Pacquiao under the spotlight in its newly released cover story, describing the former boxer’s past achievements and present initiatives.  Manny Pacquiao Takes Centre Stage on The SHIB Shiba Inu has published its latest cover story featuring former professional boxer and ex-senator of the Philippines, Emmanuel Dapidran Pacquiao […]

In a significant development, US Bankruptcy Judge Michael Kaplan has made a ruling to lift the stay suit, enabling the resumption of trial proceedings in the ongoing legal dispute between cryptocurrency lender BlockFi and failed crypto exchange FTX.  According to recent reports, the decision paves the way for BlockFi and FTX to engage in mediation […]

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past month. The recent bullish rush in the crypto market, coupled with BlackRock’s involvement, has pushed ETH to its year-to-date high of $2,139. Ethereum Outshines Bitcoin And Altcoins According to market data provider Kaiko, ETH has outperformed BTC and many altcoins in recent weeks, signaling a shift in market dynamics. Kaiko’s report highlights how ETH struggled to gain momentum over the past year, despite successful upgrades such as The Merge in April.  However, the sentiment....

Ethereum prices are firm at spot rates, still trading above the $2,000 level, and multiple other factors point to possible trend continuation. According to Kaiko’s data on November 12, not only is the ETH-BTC ratio shifting and reversing after extended periods of lower lows, but also there is a notable uptick in trading volume with funding rates in crypto derivative platforms shifting from negative to positive, suggesting increasing demand. Ethereum Breakout Above $2,000 As of writing on November 13, Ethereum is relatively firm and changing hands at around the $2,090 level. Despite....

The Bitcoin (BTC) price is roaring at spot rates, recently ripping above the July 2023 resistance level. The coin is at new 2023 highs, recovering after plunging in 2022. Part of the sharp sell-off, especially in November 2022, was because of the collapse of FTX and Alameda Research, the trading wing of the defunct crypto […]

A recent Bloomberg report revealed that a Singapore-based investor, Foresight Ventures, is acquiring a majority stake in crypto news publication The Block.  According to Bloomberg, this move comes after a series of leadership changes within the company and a desire to “distance itself” from a former CEO’s association with “clandestine loans” from Sam Bankman-Fried’s Alameda […]

Grok (GROK) token, inspired by Elon Musk’s artificial intelligence service through X (formerly Twitter), has recently come under scrutiny following explosive growth in market capitalization.  According to recent reports, Grok zoomed to a staggering $160 million market cap within just eight days of its release. However, reports of alleged scam involvement have overshadowed the token’s rapid ascent. GROK Meteoric Rise Marred By Scammer Accusations Grok token prices have soared, doubling within the past 24 hours alone, extending a week-long rally that has seen an astonishing....