The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...
Read More »Weekend Watch: Bitcoin (BTC) Defends $30K, Cardano (ADA) Drops 4% Daily
Bitcoin dipped toward $30,000 but managed to bounce off that level and stands a few hundred dollars above it now as well. Most altcoins are also slightly in the red today, with ADA, SOL, MATIC, and DOT dropping the most from the larger caps. BTC Defends $30K The primary cryptocurrency experienced enhanced volatility at the end of the business week, alongside the rest of the market, following Ripple’s landmark victory against the SEC. Following the judge’s ruling that almost...
Read More »NFTs Are Making Artists a Lot of Money
Ashley Crossland is a man who made his bones working as a graphic designer, but while it’s been a solid career, the money he’s made in this field is nothing compared to the big bucks he’s rung in developing non-fungible tokens (NFTs). NFTs Are Bigger Than Ever NFTs are a new breed of digital currency. While they cannot be used as methods of payment, they are getting big in that the space is growing like crazy, and you now have people putting their NFTs up as...
Read More »Bitcoin (BTC) Rejected at $31K Again, Ripple (XRP) Dumps 8% Daily (Weekend Watch)
After marking a new 13-month high yesterday at almost $32,000, bitcoin has been rejected once again and even dipped below $30,000 hours ago. Most altcoins are also in the red today following the recent gains, except for DOGE, SHIB, OP, and a few others. BTC Stopped Most of the working week went by quietly for the primary cryptocurrency as the asset spent it trading sideways in a tight range between $30,000 and $31,000. All that, however, changed on Thursday evening when Judge...
Read More »Stellar Lumens (XLM) Price Sees Huge Gains After XRP Ruling, While These Tokens Are Also Surging
XRP’s recent win against the U.S. Securities and Exchange Commission (SEC) sparked a wave of optimism in the crypto market, driving a rally in altcoins. Amid this rally, Stellar Lumens (XLM) stood out with an almost 50% price jump in the past 24 hours. The likes of Solana and Cardano have also seem significant gains, while new coins like Thug Life and Chimpzee are surging as the market turns bullish. Stellar Lumens’ Bullish Recovery Amid SEC Setback Previously, the SEC’s...
Read More »XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
CoinspeakerXRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory The surge in XRP price highlights the impact of legal outcomes on the crypto market. XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
Read More »Ripple’s Partial Win in XRP Case Sparks Alt Rally as PoS Coins Post Impressive Gains
XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...
Read More »Tether Opens Large BTC Mining Firm in Uruguay
Tether – one of the largest and most popular stable currencies around – has announced plans to open a huge bitcoin mining facility in the South American region of Uruguay. The clincher? The company is going to operate the facility only using renewable energy. Tether to Mine Bitcoin in South America This is a big deal in that bitcoin and crypto mining operations have gotten a bad rap over the last several years on account of the high number of reports that have...
Read More »Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
CoinspeakerCrypto Soars to Yearly Highs amid XRP Fueled Sentiment Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange. Crypto Soars to Yearly Highs amid XRP Fueled Sentiment
Read More »Worldcoin’s World ID Program Surpasses 2M Users
CoinspeakerWorldcoin’s World ID Program Surpasses 2M Users According to the announcement on the Worldcoin website on July 13, it took less than half the time to achieve 2 million sign-ups for World ID compared to reaching the first million. Worldcoin’s World ID Program Surpasses 2M Users
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