Crypto news

The XRP Ledger Foundation, the independent non-profit entity behind the development of the XRP Ledger, has announced the launch of the initial phase of the Token Assessment Framework. It comes following a collaboration with Grant Thornton Baltic, a business advisory service provider. XRPL Foundation’s New Token Assessment Framework According to the official blog post, the main objective of the framework is to provide transparency for investors in the XRP Ledger (XRPL)...

The Swiss startup “bitcci” has launched its first local token store in the heart of the emerging European crypto hotspot Northern Cyprus to market its own payment token “bitcci cash” to the general public. bitcci is a consortium of Swiss enterprises that is currently in the ICO phase and doing an IEO on several exchanges at the same time. The ICO’s soft cap of $5 million has already been reached. bitcci frees the sex business from tensions and problems by establishing a...

SingSing, a community-driven platform that connects Superfans with their favorite singers, launched music NFTs. The platform is set to revolutionize the music industry and make it decentralized and more accessible to fans. The Singsing NFTs would become a medium of exchange as well as a direct form of interaction for artists and fans. According to the BPI/ERA report 2020, though SuperFans only accounted for more than 10% of singers’ fandom population, their spending...

Stellar lumen price started a fresh decline from well above the $0.1900 zone against the US Dollar. XLM price is now trading near $0.1800 and the 55 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $0.1850 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1750. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar to...

Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...

Binance Holdings Ltd. is currently in deliberations over a license to operate in Dubai, thereby boosting its presence in the Middle East. This was first reported by Bloomberg, citing a ‘person familiar with the matter’. Binance anticipates an accreditation to operate as a service provider in the Dubai World Trade Centre ‘free zone’ as soon as possible. This comes after the EU clarified that crypto ‘is falling under the sanctions imposed by them upon Russia and Belarus’. The...

Who would’ve known that the term “HODL” came about by mistake? The term refers to someone keeping their bitcoin or other forms of cryptocurrency long-term and refusing to sell, no matter how high the price goes. It has become a staple term for the crypto industry in many ways, and yet it probably shouldn’t even exist. Where Does the Word “HODL” Come From? “HODL” was initially designed to be “HOLD,” a word that any English speaker would understand. The person writing it...

Vitalik Buterin on Wednesday whetted his support for Ukraine against the Russian invasion. He said similar wars may be raging on in other parts of the world but that doesn’t mean people should stop caring about the Ukrainians or vice-versa. Buterin in Support of Ukraine In a tweet Wednesday morning, Ethereum’s co-founder said: “Ukrainians are far from the only ones suffering from war. Also people in Yemen, Ethiopia… just as human as Ukrainians and you are. This is NOT a valid...

Bitcoin hasn’t done super well as of late. The world’s number one cryptocurrency by market cap has ultimately lost approximately 20 percent of its value since the beginning of the year due to many harsh economic factors including the war in Ukraine and rising rates thanks to the Fed, but all this isn’t scaring Anthony Scaramucci, the former White House director of communications under Donald Trump. Anthony Scaramucci Has High Hopes for BTC Having started a bitcoin fund...

INTERNET CITY, DUBAI, Mar. 11, 2022 – LBank Exchange, a global digital asset trading platform, will list Crypto Stake Token (CST) on March 14, 2022. For all users of LBank Exchange, the CST/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 14, 2022. While growing rapidly in popularity, crypto-based betting services create counterparty risk following an unfavorable trend of utilizing cryptocurrency in a centralized manner. Crypto Stake...