The market capitalization of the largest stablecoin – USDT – recently tapped an all-time high of $83.76 billion (according to the crypto analysis firm IntoTheBlock). Other data aggregators, though, showed that the asset had increased well beyond that level earlier this month. Stablecoins have performed quite well lately, and USDT continues to dominate the entire field. The combined market capitalization of the six biggest such tokens spiked last month to almost $125 billion....
Read More »Bitcoin Price & Bitcoin Cash Are Struggling This Week, But BTC20 Token is Rising
It’s been a difficult week for Bitcoin and Bitcoin Cash, with both coins seeing substantial price drops. $BTC’s value is now 8% below the high of July 13, while $BCH’s price has sunk 28% over the past month. However, the good news for crypto investors is that several new altcoins remain bullish – with BTC20 being one of the most promising. Crypto Whale Movements Prompt Uncertainty for $BTC Holders At the time of writing, Bitcoin is trading around the $29,160 level, having...
Read More »Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment
CoinspeakerRipple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge's previous ruling. Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment
Read More »Nigeria’s Apex Bank Modifies eNaira Model to Boost Adoption
CoinspeakerNigeria’s Apex Bank Modifies eNaira Model to Boost Adoption Today, the eNaira continues to face many challenges from the nation’s monetary policy and financial stability. Nigeria’s Apex Bank Modifies eNaira Model to Boost Adoption
Read More »Solana (SOL) Price Analysis: Key Support Nearby At $22.75
Solana price gained bearish momentum below the $28.00 level against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $25.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $25 resistance. Solana price is trading in a bearish zone below $25 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Turns Red Below $30K
Bitcoin price started a fresh decline below the $30,000 pivot level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $29,600 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,500 and $28,000 levels. Bitcoin price is declining below $29,500 against the US Dollar. BTC might...
Read More »Worldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply
CoinspeakerWorldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply During the token's launch, the circulating supply was limited to 143 million tokens, with 43 million of the asset reserved for early adopters and 100 million provided as loans to non-US market makers. Worldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply
Read More »XRP Becomes White Knight of Crypto, Thwarts Regulation Woes
CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes
Read More »Dogecoin Price Surges after Elon Musk Rebrands Twitter to X
CoinspeakerDogecoin Price Surges after Elon Musk Rebrands Twitter to X The rebranding of Twitter as X is part of Musk’s vision to create an “everything app” like WeChat. Dogecoin Price Surges after Elon Musk Rebrands Twitter to X
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.30
ADA price is gaining bearish momentum below the $0.325 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.3110 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.325 resistance zone. Cardano price is struggling below $0.320 against the US Dollar, similar to Bitcoin. ADA...
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