[ad_1] Este artículo también está disponible en español. Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed. Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a TradingView post that the Bitcoin fractal similar to the one that occurred in October 2023 is happening again. He explained that the similarities are more evident in the 1D timeframe, where the Bitcoin price currently ranges within the 1D 50-day…
Author: dfrancis36
[ad_1] In a significant development in the ongoing litigation between Ripple Labs and the US Securities and Exchange Commission (SEC), Ripple announced the filing of a cross-appeal against the regulator. This move follows the SEC’s recent appeal of a 2023 ruling by Judge Analisa Torres, which determined that the XRP token, sold by Ripple on public exchanges, does not qualify as a security under current laws. Alderoty Highlights SEC’s Struggles And Cross-Appeal Rationale Stuart Alderoty, Ripple’s Chief Legal Officer, took to social media platform X (formerly Twitter) to explain the company’s position. He emphasized that the SEC lost on all…
[ad_1] Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains. In a new post on the social media platform X, Jeff Weinstein, the head of products at Stripe, says that crypto assets are officially back on the platform and will be available for use in over 150 countries around the world. ] “Okay, crypto on Stripe is officially back! Accept stablecoins from 150+ countries Buyers pay in USDC (via Ethereum, Solana, Polygon) You, as a USA business, receive USD Works with checkout, elements, or payment intents (and soon subscriptions).…
[ad_1] Este artículo también está disponible en español. Ethereum has been experiencing sluggishness in its price performance recently, as the cryptocurrency continues to closely follow Bitcoin’s movements. Currently trading at $2,392, Ethereum is down 1.5% in the past 24 hours, adding to its gradual decline in recent days. This drop follows a brief price surge last week, where Ethereum saw a slight surge to above $2,600. Despite the minor increase, Ethereum remains down by 51% from its all-time high of $4,878, recorded in 2021. Related Reading Ethereum Potential To Fall 53% The sideways movement in Ethereum’s price has left traders…
[ad_1] The Virtual Assets Regulatory Authority (VARA) in Dubai has moved decisively, slapping cease-and-desist orders on seven VASPs. This is all a part of VARA’s continued attempts to make sure everyone follows its rules, especially when it comes to crypto marketing and licensing. The fines imposed can reach up to AED 100,000 (around $27,000), underscoring the gravity of these infractions. VARA’s Commitment To Regulation Founded in 2022, VARA seeks to establish Dubai as a worldwide center for virtual assets while safeguarding investor interests. The regulator supervises all operations concerning virtual assets, encompassing trading, management, and marketing. According to VARA, the…
[ad_1] Cardano (ADA) co-creator Charles Hoskinson is dispelling rumors that the Ethereum (ETH) competitor is a dying blockchain. In a new thread on the social media platform X, the Input Output Hong Kong (IOHK) CEO says that the negative sentiment surrounding Cardano has to do with its governance protocol not scaling to meet its needs, an issue solved by the most recent Voltaire update. “There have been years of pent-up grievances, unexplored road map items, unfunded growth strategies, and needed partnerships that haven’t been addressed due to Cardano’s governance not scaling to meet the needs of the ecosystem. Now that…
[ad_1] Este artículo también está disponible en español. Dogecoin is currently testing a crucial demand level after experiencing a 23% decline from its local highs of $0.13. As the meme coin navigates this turning point, the broader crypto market anticipates a potential rally in the coming weeks, driven by the Federal Reserve’s recent decision to cut interest rates. However, October kicked off with increased selling pressure, leaving investors searching for signs of strength in Dogecoin’s price action. Related Reading Top analyst Mister Crypto has shared a bullish outlook, stating that Dogecoin could begin its next rally “any time now.” His technical…
[ad_1] Despite recent fluctuations in the general crypto market, Bitcoin, the flagship digital asset is showing signs of an impending major rally, possibly to a new peak, which indicates a potential positive shift in price movement to the upside. Bitcoin’s Mega Bull Run Begins To Unfold Bitcoin is reportedly set for explosive growth as the crypto asset draws closer to the much-anticipated pivotal moment that will send BTC to unprecedented heights. Market expert and trader, Ether Nasyonal identified the positive development, capturing the attention of the crypto community. According to the market expert, Bitcoin appears to be entering the early…
[ad_1] Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network. In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading. Says Coinbase, “Trading will begin on or after 9 a.m. Pacific Time on October 9th, 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our IO-USD trading pair will launch in phases. Support for IO may be restricted in some supported jurisdictions.” IO is trading for $1.77 at time of writing,…
[ad_1] Este artículo también está disponible en español. The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise’s lead. With the new ETF filing, the price of XRP could see a possible change in the future. Canary Capital Files New XRP ETF On Tuesday, October 8, Canary Capital submitted an official S-1 filing for an XRP ETF with the United States Securities and Exchange Commission (SEC). This…