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
Read More »Ripple CTO Issues Warning against Potential XRP Scams
CoinspeakerRipple CTO Issues Warning against Potential XRP Scams Schwartz's caution comes amid a surge in XRP price and market capitalization. Ripple CTO Issues Warning against Potential XRP Scams
Read More »Bitcoin Cash Analysis: Bulls Aim For Fresh Rally To $350
Bitcoin cash is eyeing a fresh increase above the $300 resistance against the US Dollar. The price is now trading near the $275 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $285 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $300 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $265 against the US Dollar,...
Read More »XRP Price Goes Parabolic Following Big Win of Ripple against SEC
CoinspeakerXRP Price Goes Parabolic Following Big Win of Ripple against SEC This great win of Ripple in its battle against the SEC can be viewed as a reminder that the existing regulatory frameworks may not always fit the unique characteristics of cryptocurrencies and may require modification or refinement. XRP Price Goes Parabolic Following Big Win of Ripple against SEC
Read More »Polygon Announces Proposal Upgrade for MATIC Tokens
CoinspeakerPolygon Announces Proposal Upgrade for MATIC Tokens The proposed POL token is designed to operate seamlessly across all platforms, including Proof of Stake (PoS), zkEVM, and Supernets. Polygon Announces Proposal Upgrade for MATIC Tokens
Read More »Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants
CoinspeakerTelegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants While certain jurisdictions impose restrictions, Wallet's initiative aims to provide users with a seamless and convenient way to engage in digital asset transactions. Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants
Read More »EOS Price Analysis: Key Uptrend Support Intact at $0.70
EOS price started a downside correction below the $0.765 zone against the US Dollar. The price is now trading below $0.745 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.714 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.745 and $0.768 resistance levels. EOS price is declining below $0.768 against the US Dollar, unlike...
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