[ad_1] A million dollar worth of XRP has just been donated by the co-founder of Ripple, Chris Larsen. The benefactor? The US presidential candidate Kamala Harris, through her political committee Future Forward USA. This massive contribution reflects the growing influence that the crypto community is gaining in American politics as both parties move in for crypto endorsements. The Influence Of The Crypto Community In Politics In an attempt to rally their support, Harris has made efforts to involve the crypto community by embracing the Crypto4Harris movement, while remaining somewhat silent on the cryptocurrencies. Crypto donations are growing as it is…
Author: dfrancis36
[ad_1] According to the latest on-chain data, liquidity in the cryptocurrency markets has reached an all-time high. Here’s the implication of the rising liquidity on the price of Bitcoin and its future trajectory. Stablecoin Market Cap Hits New Highs — Impact On Bitcoin Price In its latest report, CryptoQuant revealed that liquidity in the crypto market hit a record high in late September, sparking conversations about the Bitcoin bull market resuming. According to the on-chain analytics firm, crypto market liquidity is measured by stablecoin value and market capitalization, which now stands at around $169 billion. Data from CryptoQuant shows that…
[ad_1] Singaporean cryptocurrency exchange Fairdesk has unveiled plans to wind down its operations in the coming month. This move comes as a surprise, as there had been no prior indications of difficulties facing the platform. However, it aligns with a broader trend of exchanges shutting down amid increasingly strict crypto regulations imposed by national authorities. Fairdesk To Cease Operations By November 30 Fairdesk was launched in 2021 by former Binance and Morgan Stanley executives and has since gained a reputation for offering advanced trading features that cater to both new and veteran traders. In a recent X post, the management…
[ad_1] Este artículo también está disponible en español. Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances. Related Reading Whale Appetite Grows Over the past six months, they accumulated about 1.5 million BTC, representing a massive inflow of capital worth approximately $90 billion at an average price of $60,000. However, these tokens came from weaker hands that sold at a loss. 1.5M BTC has been accumulated by whales (with…
[ad_1] The co-founder and former CEO of crypto exchange Binance, Changpeng Zhao, has issued a warning to the general public and the cryptocurrency community regarding the emergence of numerous of deepfake videos created by artificial intelligence and their potential to trick gullible and unsuspecting users into making false or fraudulent cryptocurrency investments. A Public Warning Against AI Deepfakes Zhao further expounded on the imminent threat from impersonation using AI and fraud in cyberspace. Zhao’s warning comes at the back of increasing AI scams that not only hit the crypto world but also international giants such as Ripple CEO Brad Garlinghouse…
[ad_1] The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days. Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 119.57 events, and Metaplex (MPLX), a decentralized NFT platform built on Solana (SOL), placed in a distant third with 19.13. Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub…
[ad_1] In the crypto market, market sentiments have often dictated the price movement of any digital asset. Presently, the narrative surrounding Dogecoin has shattered dreams as analysts predict it will never touch the $100 mark. On the other hand, Shiba Inu’s potential to reach $0.001 is acknowledged, and ETFSwap (ETFS) is expected to bring the most value as ETFS is expected to jump 30,000x to $4 in weeks. ETFSwap (ETFS): A Promising Platform With 30,000x Potential ETFSwap (ETFS) is a highly liquid asset platform that offers tokenized exchange-traded funds to investors seeking to make more gains by spreading their assets…
[ad_1] Este artículo también está disponible en español. Sui (SUI) could witness a bullish breakout soon enough, with crypto traders betting on the crypto climbing above $2. SUI’s fundamentals also paint a bullish picture for the crypto and indicate that it could be one of the best performers in this market cycle. Related Reading SUI Eyes Breakout With Traders Going Long SUI could be on the verge of a breakout, with traders betting that the crypto will rise higher. Coinglass data shows that the long/short ratio is currently at 1.3, with 56.65% of traders opening long positions on SUI compared…
[ad_1] Este artículo también está disponible en español. A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. Related Reading XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately 11,220% from its current value of $0.53. Firstly, Rietveld referred…
[ad_1] Ben Armstrong, widely recognized as BitBoy across social media platforms, has once again attracted attention from members of the crypto community with his firm endorsement of XRP. In a recent post on X, the influential crypto commentator emphasized the significance of investing in XRP at its current price level. BitBoy underscored his belief that potential investors who overlook the current opportunity to acquire XRP may regret their decision after the next five years. His remarks seem to be anchored in anticipation of a substantial surge in the price of XRP in the next five years. BitBoy Remains Bullish On…