Altcoins

Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.76 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.7200 support zone. Ripple price is struggling below $0.7800 against the US Dollar, similar to bitcoin. XRP...

Regulators in the United States believe stable coins will be the first digital assets to come under scrutiny. Stable Coins Are the Object of Regulators’ Suspicions Stable coins are digital currencies that are not as volatile as standard forms of crypto like bitcoin or Ethereum. They are tied to fiat currencies like USD, the yen, and the euro, and thus experience far fewer price swings. This has made them “staples” of any crypto portfolio looking to ease selling pressure...

The cryptocurrency market continues to be untypically calm, with bitcoin failing to make a decisive move while still standing above $40,000. Most of the altcoin space is in a similar position, except for Filecoin, which soared by double digits. Bitcoin Stands Still at $40K It was just over ten days ago when the primary cryptocurrency failed at $47,000 and started its gradual descent. In a matter of days, the asset found itself dropping to $45,000 and $43,000. Somewhat...

Dutton Garage – a luxury car dealership in Australia – is partnering with crypto company Coin Spot to allow car buyers to purchase their next vehicles with digital currencies like bitcoin. Dutton Garage Is Open to Letting People Buy Porsches with BTC One of the big things that everyone forgets about crypto is that it was initially designed to serve as a payment method. Bitcoin, Ethereum, and many other altcoins to emerge over the last ten years or so were built as a...

Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future.  According to co-founder and CEO Jeremy Allaire, the company has been in talks with regulators on the issue since August 2021, when it first revealed plans to convert into a bank, a Bloomberg report said on Wednesday.  Allaire said the firm will apply “hopefully in the near future.”  The Circle management has been in talks with the US Office...

Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless applications across chains, communities, and networks. Tether on Kusama According to the press release shared with CryptoPotato, USDT will be deemed with the asset ID 1984 and utilized to power transactions on Kusama’s first parachain – Statemine at launch. The parachain enables the...

Solana price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $110.00 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $124 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $108 to start a decent recovery wave in the near term. Solano price is struggling to stay above $100 against the US Dollar, similar to...

Following the death of Libra and what appeared to be a long-term crypto dream, Facebook – now known as Meta – is making another stab at crypto innovation with something called Zuck Bucks, the name of its latest form of digital currency. Will Zuck Bucks Help Facebook Make Money? Taking its label from the surname of Mark Zuckerberg, the billionaire behind Facebook’s creation, Zuck Bucks would be a centralized form of digital currency in that it would be directly controlled...

Die Welt der Kryptowerte erlebt gerade ihre kambrische Artenexplosion. In einem Big Bang entstehen aus den wenigen bekannten Arten urplötzlich Tausende oder Zehntausende neue. Doch während sich die Artenentwicklung im erdgeschichtlichen Kambrium über zehn Millionen Jahre erstreckte, geschieht es im Kryptoversum binnen Monaten. Eine Einordnung von Hartmut Giesen, Krypto-Experte der Hamburger Sutor Bank: Am 3. Januar 2009 betrat der Bitcoin die Bühne. Dieser erste blieb eine Weile der einzige...

Auch im März war es lukrativer Ethereum zu minen als Bitcoin. Insgesamt verdienten die Miner mit dem ETH 1,34 Milliarden US-Dollar, damit sahen die Miner gegenüber Februar einen Anstieg von 7 Prozent. Bitcoin Miner verdienten im selben Zeitraum nur 1,21 Milliarden. Ethereum News: Ethereum Miner verdienen mehr als Bitcoin MinerRelativ betrachtet gab es im Bitcoin Markt jedoch 14 Prozent mehr als im vorherigen Monat. Dennoch reichte es nicht, um den ETH zu überholen. Damit setzt sich ein Trend...