[ad_1] Crypto prices are printing higher. Bitcoin, for example, broke above $66,000 before cooling off earlier today. Like the world’s most valuable coin, Solana and its meme coins are trending higher. According to Coingecko, SOL trades above $150, adding nearly 7% in the previous trading week. Meme Coins Soaring But PELF Deployer Dumping The lift-off in Solana has seen some of its ecosystem tokens massively benefit. Among the many, Solana-based meme coins continue to rip higher. According to Coingecko, three Solana meme coins, including Popcat and DogWifHat, now command a market cap above $1 billion. While investors are closely tracking…
Author: dfrancis36
[ad_1] The cryptocurrency market has been showing concerning signs of market activity for investors. Alarmingly, Shiba Inu (SHIB) and Ripple (XRP) have experienced downward price trajectories recently. In contrast, ETFSwap (ETFS) has caught the attention of investors as crypto whales have spent $500,000 on its native token. ETFSwap (ETFS) Will Redefine Financial Markets With A Unified DeFi-TradFi Platform ETFSwap (ETFS) is a platform that benefits from the infrastructure of the Ethereum blockchain. Ethereum’s (ETH) robust security protects crypto whales from cyber threats and malicious attacks. As a result, it allows ETFSwap (ETFS) to operate smoothly with decentralised finance (DeFi) tools,…
[ad_1] Payments firm Ripple is announcing exchange partners for the launch of RLUSD, the company’s new dollar-pegged stablecoin. According to a new press release, Ripple Labs is collaborating with crypto platforms Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish to launch Ripple USD. Beta testing for RLUSD rolled out on the Ethereum (ETH) mainnet and the XRP Ledger (XRPL) two months ago. Ripple first announced plans for RLUSD in April 2024. In a court filing in May, the U.S. Securities and Exchange Commission (SEC) argued that the planned stablecoin represented an “unregistered crypto asset.” The SEC’s assertions have yet to be confirmed or…
[ad_1] Este artículo también está disponible en español. Ethereum (ETH) has surged above $2,500, now testing a critical supply level that could spark a massive rally for both ETH and altcoins. After several days of anxiety and uncertainty, yesterday’s market surge has reignited optimism across the crypto space. Investors and traders are closely watching Ethereum’s price action, as a break above this crucial zone could signal the start of a significant upward trend, potentially setting the stage for an Altseason. Related Reading Top analysts and investors await confirmation that ETH is poised to rally soon. Carl Runefelt, a well-known analyst…
[ad_1] Ripcache, a pseudonymous artist, explores themes of surveillance and privacy through a 1-bit pixelated aesthetic. By examining the impact of modern surveillance in centralized and decentralized systems, Ripcache’s work examines trade-offs of the advancing digital age. Their recent series, “Hyperscalers,” was featured on the main stage at Bitcoin Amsterdam, with a private sale facilitated by UTXO Management’s OTC desk to collector Brissi, marking a key milestone in their career and the greater ordinals ecosystem.We sat down with Ripcache to discuss his art.Ordinals on Bitcoin create new ways for audiences to engage with digital art. In a world increasingly dominated…
[ad_1] Crypto asset management giant Grayscale has released a list of altcoins that it says it’s considering for new institutional products. In a blog post, Grayscale names 35 “assets under consideration” or digital assets not currently included in its products but identified by the firm as possible candidates for inclusion in a future product. Says Grayscale, “As a leading crypto-focused asset manager, introducing investors to a diverse array of investible digital assets is an important part of our mission. Accordingly, we’re excited to share this list of assets under consideration for inclusion for future Grayscale investment products, along with an…
[ad_1] Este artículo también está disponible en español. Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors optimistic about the cryptocurrency’s potential to reach new heights before the end of the year. However, according to research from multinational bank Standard Chartered, this optimistic outlook may be realized even sooner than expected. Key Factors Behind BTC’s Price Surge Geoff Kendrick, the head of digital asset research at Standard Chartered, recently estimated that the…
[ad_1] In an ongoing legal battle between Coinbase and the Securities and Exchange Commission (SEC), the crypto exchange is intensifying efforts to access critical internal communications that could shed light on how the regulator views Ethereum (ETH) and other digital tokens. Coinbase’s Quest for SEC DocumentsCoinbase asked a federal judge to rule on whether it can obtain SEC documents related to the agency’s discussions on cryptocurrencies, Coindesk reported. These documents, which were initially denied by the SEC, could reportedly reveal the regulator’s stance on whether Ethereum and similar tokens should be considered securities, potentially impacting the future of the digital…
[ad_1] Given that the market has recently driven up the price of Bitcoin once again to the pivotal $65,000 level, traders and investors are currently seeing huge profits from their positions, especially holders of the crypto asset in the short term. Short-Term Bitcoin Holders In The Green A recent report from the world’s leading on-chain and data platform, Glassnode, reveals a significant increase in profit dominance for the short-term holders of Bitcoin. This rise in profit supremacy comes in light of recent positive price movements in BTC and the general market. After weeks of volatility and consolidation, the value of…
[ad_1] A closely followed crypto analyst and trader believes that Bitcoin (BTC) has more gas left in the tank despite its latest surge. Pseudonymous analyst Altcoin Sherpa tells his 224,900 followers on the social media platform X that he’s bullish on Bitcoin after reclaiming support at around $60,000. According to the trader, he expects the latest surge to take Bitcoin close to $70,000. “BTC time for $68,000+. Liquidity got taken out below that recent wick low, let’s see if we can get the highs. After that? no clue. But still bullish until shown otherwise.” Source: Altcoin Sherpa/X At time of…