[ad_1] Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada’s new regulations call for delisting noncompliant stablecoins after December 31st. Circle’s compliance means USDC, which aims to maintain a 1:1 peg with the US dollar, can trade on crypto exchanges in the Canadian market, according to a new press release. Dante Disparte, chief strategy officer and head of global policy at Circle, says the new development underscores the stablecoin issuer’s regulatory efforts. “The Canadian Securities Administrators’ proactive approach in providing a digital asset regulatory framework reinforces the integrity of…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Dogecoin continues to keep investors on edge with its evolving price dynamics. Trading at $0.4500 as of December 5, the memecoin has surged by an impressive 450% from its annual low. This rally has brought DOGE’s market capitalization to over $65 billion, making it one of the top contenders in the crypto space. Related Reading The query that is on everyone’s mind is straightforward: Is this simply the calm before the storm? Analysts appear to concur. Symptoms Of A Potential Breakout People are drawing parallels to earlier accumulation cycles in Dogecoin’s price…
[ad_1] In a post shared on Thursday via X, Lloyd Blankfein, the former Chief Executive Officer of Goldman Sachs, acknowledged a potential competitive dynamic between Bitcoin and the US dollar in the context of global reserve currencies. Blankfein, who previously held skeptical views on digital assets, acknowledged that BTC’s growth may place it in direct competition with America’s longstanding monetary hegemony. Referencing US President-elect Donald Trump’s plans to establish a strategic Bitcoin reserve, Blankfein wrote: “Trump correctly spoke to the importance of defending the dollar’s exclusivity as the world’s reserve currency. Helps US trade, financing our deficit, driving US policy…
[ad_1] Este artículo también está disponible en español. Ethereum price is rising from the $3,650 zone. ETH is gaining pace and might soon aim for a move above the $3,950 resistance zone. Ethereum remained in a positive zone and stayed above the $3,680 zone. The price is trading above $3,770 and the 100-hourly Simple Moving Average. There was a break above a short-term bearish trend line with resistance at $3,870 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,890 resistance zone. Ethereum Price Eyes More Upsides Ethereum price…
[ad_1] Financial analyst Keith Gill, known as Roaring Kitty on YouTube, made a comeback on social media after three months of silence. In response, GME, AMC, and ROAR tokens, all inspired by 2021 GameStop’s short squeeze, spiked by over 50% in 24 hours. Degens Celebrate Kitty’s Return With a Short Rally GameStop’s short squeeze is one of those events that changed the course of history, at least for retail investors. Gill’s role in shifting market dynamics is undeniable, and he could very well be called the ‘Father of Degen’ alongside Elon Musk. On December 6, Gill posted an altered Time…
[ad_1] Este artículo también está disponible en español. Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday. What followed was a textbook “Darth Maul” candle on the daily chart, as BTC plummeted from $103,550 to as low as $90,500 before stabilizing. While some observers initially read the move as a harsh rejection at the psychologically significant $100,000 level, leading analysts suggest this could represent a routine market flush-out rather than a cyclical peak. Could This Be The Bitcoin Cycle Top? Traders and analysts on X present a unified narrative: the abrupt spike and subsequent…
[ad_1] Key Takeaways:One of the biggest news events in recent history, when David Sacks, a venture capitalist and a major Solana backer, was tapped to be an advisor on AI and cryptocurrency for the Trump administration, stirred up some massive bullish momentum for SOL.The explosion of memecoins within the Solana ecosystem has been improving network activity and driving demand for SOL.Technical analysis points out that the short-term outlook for SOL is positive, though there is a possibility of an extended rally if key resistance levels are pierced.David Sacks – The Main Driver behind Solana’s Price Surge?The appointment of David Sacks,…
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[ad_1] Dogecoin is in focus today, as it happens to be an important day for the foremost meme coin. Given the amount of attention it is set to gain today, DOGE could experience a significant rally. Dogecoin Turns 11 And Could Enjoy A Milestone Rally Dogecoin turns 11 today. The meme coin was launched on December 6, 2013, by Billy Markus and Jackson Palmer. DOGE was created as a “joke” and parody of Bitcoin but has become one of the largest cryptos by market cap. Meanwhile, Dogecoin is only just behind as the second-largest proof-of-work (PoW) blockchain by market cap. …
[ad_1] Este artículo también está disponible en español. Technical analysis of the XRP price has revealed the creation of corrective waves in light of the recent correction since December 3. Particularly, the cryptocurrency is now trading between crucial Fibonacci levels that could be correcting for a while longer. With the aid of these Fibonacci levels, crypto analyst Dark Defender shared insights on social media platform X, highlighting the $2.13 and $2.92 price ranges as pivotal for the XRP price. XRP Tests Fibonacci Levels Amid Market Correction According to the XRP chart below, which was first highlighted on social media platform…