Stablecoins and central bank digital currencies (CBDCs) have been an ongoing point of discussion for a while now. Ripple – the company behind one of the world’s largest cryptocurrencies, XRP – has entered into a new partnership aimed at fostering support for both. According to a recent blog post, Ripple partnered with a company called “SUPER HOW?” The partnership aims to become a catalyst for testing and issuing digital assets, which include stablecoins and central bank...
Read More »Bitcoin Cash Analysis: Bears In Action Below $250
Bitcoin cash price started a fresh decline below the $265 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $265 resistance zone. Bitcoin cash price is declining below the $255 zone against the US Dollar,...
Read More »Bullish Ripple Ruling May Have Triggered Altcoin Season: CryptoQuant Analysis
The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant. The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relative stagnancy within the Bitcoin (BTC) and Ethereum (ETH) markets. The Return of Alt Season When analyzing price performance based...
Read More »Terraform Labs: Do Kwon Out, New CEO In
CoinspeakerTerraform Labs: Do Kwon Out, New CEO In However, some experts and analysts are skeptical about Terraform Labs' new efforts and its ability to regain the trust of the crypto community. Terraform Labs: Do Kwon Out, New CEO In
Read More »Kuwait Authorities Impose Ban on Bitcoin and Other Virtual Asset Transactions
CoinspeakerKuwait Authorities Impose Ban on Bitcoin and Other Virtual Asset Transactions The ban crypto transactions in Kuwait is reportedly part of a broader regulatory initiative that involves multiple supervisory authorities, including the Ministry of Commerce and Industry, the Central Bank of Kuwait, and the Insurance Regulatory Unit. Kuwait Authorities Impose Ban on Bitcoin and Other Virtual Asset Transactions
Read More »EOS Price Analysis: Key Uptrend Support Nearby
EOS price is trading in a bearish zone below the $0.785 support against the US Dollar. The price is now trading near $0.760 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.78 and $0.80 resistance levels. EOS price is struggling below $0.80 against the US Dollar, like Bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $90
Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
CoinspeakerSociete Generale Secures First French Crypto License for Its Crypto Division FORGE This license will allow FORGE to serve institutional clients' needs for digital assets. The banking institution is the first to secure a license under France's new crypto rules. Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
Read More »XRP Futures Hit New Open Interest Record for 2023
CoinspeakerXRP Futures Hit New Open Interest Record for 2023 Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple's win against the SEC. XRP Futures Hit New Open Interest Record for 2023
Read More »Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
CoinspeakerEthereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years Despite the general market sentiments, ETH has gained over 50% since the start of the year. Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
Read More »