In a flurry of activity that has sent shockwaves through the cryptocurrency community, two … [Read More...] about Bitcoin Whale Moves $61M: Powerful Decade-Long Silence Broken
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XREX Singapore Secures MPI Licence from MAS
Bitcoin Whale Moves $61M: Powerful Decade-Long Silence Broken
Crypto Investment Products Rebound: $130M Inflows Signals Shift In Investor Sentiment
Ethereum Price Struggles Amid Demand Imbalance
Analyst Forecasts Ethereum’s Imminent Bounce On the Horizon, Here’s When
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XREX Singapore Secures MPI Licence from MAS
XREX, a blockchain finance firm in Singapore, has achieved significant success. On May 13, 2024, XREX Singapore announced it officially obtained the valued Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS), the nation's central bank and financial authority. … [Read More...] about XREX Singapore Secures MPI Licence from MAS
Bitcoin Whale Moves $61M: Powerful Decade-Long Silence Broken
In a flurry of activity that has sent shockwaves through the cryptocurrency community, two long-dormant Bitcoin wallets, each holding 500 Bitcoin, have sprung to life after more than a decade of inactivity. The sudden awakening of these wallets, acquired when BTC was a mere fraction of its current … [Read More...] about Bitcoin Whale Moves $61M: Powerful Decade-Long Silence Broken
Crypto Investment Products Rebound: $130M Inflows Signals Shift In Investor Sentiment
CoinShares' latest Digital Asset Fund Flows Weekly Report reveals that there’s been a significant milestone for crypto asset investment products, marking the first inflows in five weeks, amounting to $130 million. However, despite this positive development, Ethereum investors are still … [Read More...] about Crypto Investment Products Rebound: $130M Inflows Signals Shift In Investor Sentiment
Ethereum Price Struggles Amid Demand Imbalance
Over the past year, the digital asset Ethereum has undergone notable price fluctuations, with its value relative to Bitcoin reaching a peak around the time of the Merge event in late 2022. While Ethereum boasts favorable supply dynamics, the imbalance between buyers and sellers has … [Read More...] about Ethereum Price Struggles Amid Demand Imbalance
Analyst Forecasts Ethereum’s Imminent Bounce On the Horizon, Here’s When
Ethereum's recent performance has been catching the eye of market observers as it teeters on the brink of an upward surge. After dipping to $2,815, ETH staged a robust recovery, reaching $3,220. However, this momentum was short-lived, leading to a subsequent decline. Despite this setback, crypto … [Read More...] about Analyst Forecasts Ethereum’s Imminent Bounce On the Horizon, Here’s When
Ethereum’s Ultrasound Money Fades Amidst L2 Controversy
Nikita Zhavoronkov, the Lead Developer at Blockchair & 3xpl, has recently disclosed that Ethereum Layer 2 solutions (L2s) are detrimental to the Ethereum ecosystem. According to Zhavoronkov, there is a significant decrease in the network dominance while inflation revival labeled as a “coin … [Read More...] about Ethereum’s Ultrasound Money Fades Amidst L2 Controversy
Shiba Inu On The Rise: Analysts Predict a Potential Target of $0.0000445
Shiba Inu (SHIB), a well-liked meme-oriented cryptocurrency, has passed through a lull period. After being quiet for some time, its value is on the rise again. Shiba Inu’s price currently stands at $0.00002367, with a trading volume of $334.98 million over the last 24 hours. Also, its total market … [Read More...] about Shiba Inu On The Rise: Analysts Predict a Potential Target of $0.0000445
Bitcoin’s Hype Decline: Is the Bull Market Losing Steam?
On-chain data shows Bitcoin's hype is fading as the cryptocurrency's meteoric rise slows down. According to data from Santiment, BTC's network activity has been approaching historic lows over the past couple of months since hitting new all-time highs. However, this dwindling hype doesn't necessarily … [Read More...] about Bitcoin’s Hype Decline: Is the Bull Market Losing Steam?
Bitcoin’s Hidden Potential: Analyst Predicts Bold Moves Ahead
Bitcoin (BTC) is currently flying under the radar, different from the spotlight it usually finds itself in. Renowned crypto analyst Egrag Crypto has recently provided his insights, stating that despite Bitcoin not being a topic of heated debate now, the historical data regarding the 21 Exponential … [Read More...] about Bitcoin’s Hidden Potential: Analyst Predicts Bold Moves Ahead
Mark Cuban Vs SEC: Advocates For Japan-style Crypto Protection
Continuing his tirade against the US regulator, billionaire entrepreneur Mark Cuban blasted the SEC, saying that they could take a cue from Japan on how to protect crypto investors. Following the infamous Mt. Gox incident, Japan implemented measures to protect investors. These exchanges that went … [Read More...] about Mark Cuban Vs SEC: Advocates For Japan-style Crypto Protection
Bitcoin: El Salvador Launch Historic Capital Raise On Bitfinex
El Salvador is gearing up to launch its first-ever capital raise using Bitcoin, in partnership with Bitfinex Securities. This event heralds a new era in the nation's financial landscape. Bitfinex Securities, which allows issuers to raise capital through equity offerings and admission to trading, … [Read More...] about Bitcoin: El Salvador Launch Historic Capital Raise On Bitfinex
Solana Poised For Breakout Above $233 Resistance
Solana has posted remarkable resilience as the token surged by a whopping 1200% since Jun 2023, inching closer to its $233+ target. In the past week, the leading altcoin rallied roughly 20% after a disappointing one-month performance, dropping in value by approximately 15%. SOL slid back to $119 … [Read More...] about Solana Poised For Breakout Above $233 Resistance
VeChain (VET) Holds Strong: Analyst Eyes $0.05 to $0.250 Range and Long-term $1 Target
VeChain (VET) has recently penetrated its medium to long-term rising trend channel, indicating the possibility of a slowdown in its upward momentum. This indicates that this cryptocurrency’s initial rate of ascent is weakening.’ While the price hovers at about the $0.03 support level, it is at an … [Read More...] about VeChain (VET) Holds Strong: Analyst Eyes $0.05 to $0.250 Range and Long-term $1 Target
Speculation Mounts Over Potential Ethereum ETF Approval Amidst Cryptocurrency Political Maneuvering
As the cryptocurrency market continues its volatile dance, recent developments have stirred up excitement and speculation among investors. A series of seemingly coordinated actions by major players in the crypto space has sparked rumors of imminent approval for an Ethereum ETF. The saga began … [Read More...] about Speculation Mounts Over Potential Ethereum ETF Approval Amidst Cryptocurrency Political Maneuvering
XRP Faces Bearish Trends Amid Regulatory Uncertainty
Ripple (XRP) has undeniably taken a hit in recent weeks. The once-promising token, which enjoyed a period of apparent regulatory clarity in the US, has shed over 5.80% of its value in the past seven days alone. This downtrend coincides with a noticeable decrease in enthusiasm within the XRP … [Read More...] about XRP Faces Bearish Trends Amid Regulatory Uncertainty