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Hashdex Unveils Crypto Investment Forecast for 2024

This integration with established financial institutions is expected to provide substantial support for the crypto sector. Hashdex, a leading global crypto-focused investing company, has unveiled its much-anticipated “2024 Crypto Investment Outlook – Opportunity meets Optimism”. The forecast delves into the expectations for the upcoming year and beyond, providing insights from Hashdex’s leadership and digital asset experts. Marcelo Sampaio, Co-Founder and CEO of Hashdex expresses optimism...

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Cardano (ADA) Price Analysis: Signs Suggest Rally To $0.50

ADA price is gaining pace above the $0.3880 zone against the US Dollar. The price is now trading above $0.3920 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.3885 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.4150 and $0.420 resistance levels. Cardano price is rising above $0.380 against the US Dollar, like Bitcoin. ADA price could rally further if...

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Ethereum Price Analysis: ETH Surges As Bulls Aim For $2,500

Ethereum price is moving higher above the $2,200 resistance against the US Dollar. ETH price is now trading above $2,150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,130 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,130 support zone. Ethereum price is rising above the $2,200 level against the US Dollar. ETH/USD could rise further if it clears the...

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Mantle Launches Liquid Staking Protocol, Aiming for Top 3 in Decentralized Staking

Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool. This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022....

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Brazilian Bank Itau Unibanco Rolls Out Bitcoin and Ethereum Trading Services to Customers 

Reuters said the launch of the BTC and Ether trading services by Unibanco comes a few months after two of the country’s companies exited the crypto market.  Brazilian banking giant Itau Unibanco has joined the crypto bandwagon with the launch of digital asset trading services for customers as part of its investment platforms, Reuters reported Monday, citing an interview with the company’s digital asset head Guto Antunes. According to the report, the financial services company, standing as...

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Jellyverse Lands $2M in Seed Funding to Accelerate DeFi 3.0 Revolution

In addition to portfolio management, Jellyverse will feature JellySwap, a decentralized exchange that will serve as home to its native crypto JLY. Jelly Labs AG and Fintonomy LTD, the companies developing the initial protocols for Jellyverse, a decentralized finance network built on the Ethereum Virtual Machine (EVM)-compatible layer-2 DeFiMetaChain (DMC), have announced the completion of their joint seed funding round. According to a press release shared with Coinspeaker, the two...

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Binance Launches Anchored Coins EUR (AEUR), Celebrates Listing with Promo Offer

Issued natively on the Ethereum and BNB Chain, AEUR intends to add support for more blockchains in the near future. Binance, the world’s largest crypto exchange by trading volume, has announced the launch of Anchored Coins EUR (AEUR) stablecoin. According to the announcement, users may begin trading the new stablecoin on its platform today by 10:00 (UTC). For a start, however, only four trading pairs will be supported. They are AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR. As Binance...

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Ripple’s Metaco Allies with Digital Asset Custodian Zodia for ‘Third Generation’ Crypto Solution

Industry watchers see the development advancing not only Ripple’s XRP token but also benefiting the wider crypto sector by adopting trusted financial industry models for security and cooperation. In a move viewed as transformational for cross-border cryptocurrency storage and transfers, blockchain company Ripple‘s Metaco custody network has partnered with digital asset custodial provider Zodia Custody. The collaboration marks what Zodia CEO Julian Sawyer regards as ‘third generation’...

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Stellar Lumen (XLM) Price Eyes Key Breakout To $0.135, Are Bulls Back?

Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1200 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1218 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1240 resistance zone. Stellar lumen price is trading above $0.1200 against the US Dollar, like...

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XRP Price Analysis: Bulls Aim Fresh Increase To $0.70

XRP price is attempting a recovery wave from the $0.590 zone against the US dollar. The price is now trading above $0.620 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.650 resistance. XRP price is consolidating near $0.630 against the US Dollar, like Bitcoin. It must stay above the...

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