The world of cryptocurrency continues to evolve at a rapid pace, and investors are constantly seeking new opportunities to diversify their portfolios. Valkyrie, a leading investment firm, has recently applied to the US Securities and Exchange Commission (SEC) to include Ethereum (ETH) futures contracts in its Valkyrie Bitcoin Strategy ETF (BTF). This bold move sets
Bitcoin
In a bold move to solidify its position within traditional financial systems, Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA). This membership places Ripple alongside industry giants like J.P. Morgan and Goldman Sachs, and marks a significant step forward in the company’s ambitions and potential growth. Joining the ISDA, an association that
In the world of cryptocurrencies, Shiba Inu has been making waves with its recent surge in value. Far from being just another meme coin seeking attention, Shiba Inu has proven its ability to come out stronger, even in a bear market. With a solid 15% increase over the weekend, Shiba Inu is capturing the interest
In recent days, massive XRP whale wallets have been making waves in the cryptocurrency market. These large holders of XRP have dumped over 100 million tokens, creating significant selling pressure and affecting the price of XRP. This article explores the implications of whale activity and how it influences market sentiment and price movements. Whale Selling
XRP, the cryptocurrency associated with Ripple Labs, saw a surge in price following a recent legal victory against the US Securities and Exchange Commission (SEC). However, this upward momentum has slowed down in recent weeks as XRP encounters resistance and begins a downward trajectory. As per the latest data from CoinGecko, XRP’s value stands at
In a discussion with Bloomberg, MicroStrategy co-founder and former CEO, Michael Saylor, shared his perspective on the potential approval of spot Bitcoin ETFs and its impact on the company’s Bitcoin strategy. Saylor firmly stated that even if the U.S. Securities and Exchange Commission (SEC) were to approve spot Bitcoin ETF applications, it would not affect
Europe’s leading cryptocurrency exchange, Bitstamp, has created a buzz among XRP enthusiasts with a cryptic tweet teasing a significant announcement regarding the XRP token. The Luxembourg-based exchange shared a video featuring an animated XRP rocket ascending, accompanied by the hashtags #XRP, #XRPL, and #XRPLedger. While the video suggests that the forthcoming announcement could have a
The Terra Classic (LUNC) community has been tirelessly working towards reviving the ecosystem’s native token. However, recent data from a state-of-the-art crypto analysis and forecasting platform, PricePredictions, suggests that these efforts may not be enough. This article delves into the projections for the LUNC token, explores recent developments, and discusses the potential impact on its
Dogecoin (DOGE) has been making headlines recently as its price continues to decline. In the past 24 hours, the price of DOGE has dropped by 3.6%, and over the past seven days, it has seen a 5.2% decline. These figures highlight the volatility of the coin and the challenges that DOGE holders and traders are
Kaspa, a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform, has been making waves in the blockchain sphere. Introduced as an alternative to Ethereum’s transition to a proof-of-stake (PoS) framework, Kaspa’s protocol has emerged as a timely solution. This article explores Kaspa’s unique nature, recent surge in prominence, and potential for growth. Kaspa utilizes a DAG-based
Bitcoin’s price is currently facing a challenging time as it moves lower, falling below the $29,500 mark. However, there is still hope for a potential increase if the resistance level of $30,000 is breached. This article analyzes the current state of Bitcoin and explores the possibilities of a reversal. Bitcoin’s Downward Movement Bitcoin’s price has
Cryptocurrencies have been gaining popularity and attention in the financial world, and one such cryptocurrency that has stood out is Shiba Inu. What started as a meme currency has now solidified its market presence and is making waves with the highly anticipated ‘Shibarium’ launch on the horizon. Recent data reveals intriguing insights into the activities
The year 2023 has witnessed a notable stagnation in the number of active ERC-20 addresses, according to data from Etherscan. These addresses have remained within the range of 200,000 to 300,000, presenting little change despite fluctuations in Ethereum prices. As of August 2, approximately 275,000 active ERC-20 addresses were recorded, indicating a modest increase from
Bitcoin’s Ordinal inscriptions have been gaining unstoppable momentum, defying skeptics and surpassing several milestones. The blockchain now boasts over 7 million inscriptions, a clear indication of the high demand for this trend. As of May 16, 2023, the number of inscriptions stands at 7,204,882, up from the inaugural one in December 2022. The growth rate
On Monday, the Seoul Southern District Prosecutor’s Office conducted a search on two of the country’s leading digital asset exchanges, Upbit and Bithumb, as part of an investigation into a growing scandal regarding the suspicious cryptocurrency dealings of a South Korean opposition lawmaker. Kim Nam-kuk, a first-term member of the National Assembly, was accused of
The five member nations of the BRICS economic bloc are developing guidelines to address the growing interest of other countries wanting to join the bloc. South Africa’s Minister of International Relations and Cooperation, Naledi Pandor, revealed the news while addressing the South African line ministry on “Strengthening Partnerships for a Fairer and More Equitable Global
Bitcoin Cash (BCH) advocates have unlocked new possibilities with the annual upgrade that took effect on May 15, 2023. With the new upgrade, they can now mint and engage in transactions involving tokens built on the BCH blockchain. This development, called Cashtokens, allows for token creation and transactions to be verified by the BCH network
China’s State Councilor and Foreign Minister, Qin Gang, held talks with French Minister for Europe and Foreign Affairs, Catherine Colonna, in Paris last week to discuss their countries’ strategic partnership. Both Qin and Colonna viewed French President Emmanuel Macron’s state visit to China as a complete success. They stated that the French leader had an
Web3 payments refer to payments made using cryptocurrencies and blockchain technology. There are several benefits to using Web3 payments over traditional payment methods. Firstly, cryptocurrency payments are faster and more secure due to the immutable nature of blockchain technology. Secondly, they have lower transaction fees, which can significantly increase a merchant’s profit margins. Thirdly, they
Kim Nam-kuk, a representative in the South Korean National Assembly, has announced his departure from his political faction due to a growing scandal surrounding his alleged cryptocurrency dealings. In a Facebook post on Sunday, Kim stated that he would briefly leave the Democratic Party in order to not be a burden on the party and
Harvard economics professor Kenneth Rogoff has shared his thoughts on the U.S. economy, a potential U.S. default, and the risk of a global financial crisis in a recent interview. Rogoff, who is the Maurits C. Boas Chair of International Economics at Harvard University and a former Chief Economist and Director of Research at the International
After days of congestion, the backlog of unconfirmed bitcoin transactions is finally starting to clear up as miners catch up. According to statistics from mempool.io, high-priority transactions were priced at $3 per transfer, while low-priority transactions cost $2.23 per transfer on May 11. However, onchain fees have significantly subsided over the past three days. A
The lower house of the Russian parliament, the State Duma, is set to adopt four laws related to cryptocurrency during its spring session, which ends on July 30. The parliamentary Financial Market Committee chairman, Anatoly Aksakov, revealed that the bills will regulate cryptocurrency mining, cross-border crypto payments, taxation of digital assets, and liability for their
According to data from cryptoslam.io on May 14, 2023, Bitcoin NFT sales have become a significant contributor to the digital collectible sales landscape among 21 distinct blockchains. While Ethereum NFT sales continued to dominate with $111.26 million in sales, Bitcoin-based NFTs, also known as Ordinal inscriptions, secured the runner-up position. The data demonstrates that Bitcoin
Elon Musk, the entrepreneur and CEO of Twitter, announced that he has found someone to replace him as the chief executive officer of the social media platform. In a tweet, he confirmed that he would be staying with the company but in other executive roles. Musk did not reveal the identity of the new CEO
ATPBot is a groundbreaking platform that combines AI technology with quantitative trading. It is the first trading bot of its kind, with unparalleled performance in the industry. Like ChatGPT, ATPBot uses machine learning algorithms to generate profitable trading strategies. It is designed to provide personalized trading strategy recommendations based on quantitative artificial intelligence analysis. By
China, one of the world’s largest economies, has recorded its lowest inflation rate in over two years, according to data provided by the National Bureau of Statistics (NBS). The Consumer Price Index (CPI) increased by 0.1% year-over-year, a significant drop from March’s 0.7% increase. The decrease in prices can be attributed partly to the decline