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Singapore’s Central Bank Unveils Stablecoin Regulation as Global Trailblazer

Following last year’s stablecoin implosion, international leaders have emphasized the importance of setting up global regulations and norms for this sector. Despite such calls, only a few have taken concrete steps to enact these measures. In contrast, Singapore’s central bank has taken a proactive approach by introducing a structured framework, outlining various prerequisites, aiming to bring transparency to stablecoin issuers and their operations. Singapore’s Stablecoin...

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Did You Know? XRP Marks 16 Consecutive Weeks of Institutional Inflows

Investment products for XRP, the native crypto asset of the Ripple network, have recorded the 16th consecutive week of institutional inflows since the start of 2023. According to data analyzed by CoinShares in its latest Digital Asset Fund Flows Weekly Report, XRP saw $0.5 million in inflows during the past week. XRP Sees Inflows for the 16th Week CoinShares found that digital asset investment products saw inflows of $29 million following three weeks of outflows. Bitcoin...

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Cardano (ADA) Price Analysis: Bears In Active Below $0.30

ADA price is gaining bearish momentum below the $0.312 support zone against the US Dollar. The price is now trading below $0.305 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.2920 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.300 resistance zone. Cardano price is struggling below $0.300 against the US Dollar, similar to Bitcoin. ADA price...

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Ethereum Price Analysis: ETH Revisits Key Support

Ethereum price is struggling to climb above the $1,880 resistance against the US Dollar. ETH price is now trading below $1,860 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,835 support zone. Ethereum price is declining below $1,850 against the US Dollar. ETH/USD remains at a risk of more...

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Pepe Coin Price Dips, But Wall Street Memes Nears $24 Million

The crypto market continues to struggle, with Bitcoin trading sideways near the $29,300 price level and major altcoins like Ethereum and Solana adopting a slightly bearish stance. The bull rally in major meme coins has come to a halt as well – both Dogecoin and Shiba Inu are seeing selling pressure in the daily time frame, correcting 2.2% and 1% respectively. Pepe coin has also been unable to carry its bullish momentum and is facing a crucial resistance at $0.14....

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Stellar Lumen (XLM) Price Faces Uphill Task Near $0.145

Stellar lumen price is struggling below the $0.150 resistance zone against the US Dollar. XLM price is now trading below $0.150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.140 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1420 resistance. Stellar lumen price is trading below $0.150 against the US Dollar, similar to Bitcoin. XLM price could...

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Ripple Price Analysis: Key Barrier Sits at $0.68

Ripple price is facing resistance near the $0.680 level against the US dollar. The price is now trading near $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.635 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.665 and $0.680. Ripple price is struggling below $0.665 against the US Dollar, unlike Bitcoin. XRP price must...

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THORChain’s RUNE Explodes 20% in a Day, Bitcoin (BTC) Stalls at $29K (Weekend Watch)

Bitcoin continues to trade sideways, and the past 24 hours didn’t bring any deviation from the tight range between $29,000 and $29,500. Most altcoins are also quiet on Sunday, similar to how they performed on Saturday, except for RUNE and TON. BTC Boring at $29K The past few weeks went in a rather uneventful fashion for the typically more volatile crypto asset. This past Monday saw some movements as BTC dipped below $29,000 to mark a weekly low. However, it went on the...

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SHIB, APE, PEPE Jump 8% Daily, Bitcoin Maintains $29K: Weekend Watch

Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...

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