Stellar lumen price is attempting a fresh increase from the $0.1030 zone against the US Dollar. XLM price is now trading near $0.1100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1105 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1115 resistance zone. Stellar lumen price is trading in a positive zone above $0.1050 against the...
Read More »XRP Price Analysis: Can Bulls Clear This Key Hurdle?
XRP price is attempting a fresh increase from the $0.4750 support against the US dollar. The price is now trading above $0.500 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5050 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.5350 resistance. XRP price is consolidating above $0.5150 against the US Dollar, like Bitcoin. It must...
Read More »Basel: Geldautomat gesprengt
Bankraub next Level: Wer stoppt die Geldautomatensprenger? | STRG_F Am 07.05.2024, um 05.00 Uhr, ist an der Friedrich Miescher-Strasse in einem Restaurant ein Geldautomat auf noch unbekannte Art aufgesprengt worden. Es wurden keine Personen verletzt. Die bisherigen Ermittlungen der Kriminalpolizei der Staatsanwaltschaft Basel-Stadt ergaben, dass die Berufsfeuerwehr kurz nach fünf Uhr verständigt wurde. Aufgrund der Meldung begaben sich die...
Read More »Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering
Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money laundering transactions, and previously unidentified illegal wallets upon utilizing...
Read More »BlockDAG X1 Mobile Mining App Scheduled for Release on June 1st; PEPE Price and Dogwifhat Rise
PEPE is in the spotlight due to its anticipated listing on the Coinbase International Exchange, attracting global traders and sparking discussions about its price surge. Simultaneously, the Dogwifhat surge within the Solana network draws investor interest, highlighting the network’s appeal. As the stories of PEPE and Dogwifhat evolve, BlockDAG makes significant progress. Its recent presale has been a major success, advancing it to batch 10, showcasing a tremendous...
Read More »April Records Lowest Crypto Losses in Years: CertiK
The leading blockchain security firm, CertiK, released its latest report revealing a significant downturn in losses from crypto-related hacks and scams as April concludes. Noting a notable decrease, CertiK stated April saw approximately $25.7 million lost to exploits, hacks, and scams. This figure marks a decline of 141% from the previous month’s losses, demonstrating a trend towards increased security within the cryptocurrency industry. Specifically, CertiK’s breakdown of...
Read More »a16z Partner Questions Favoritism Towards Meme Coins Over Blockchain Innovation
While meme coins have seen a massive resurgence this year, this has raised concerns for certain industry players. Chris Dixon – a general partner at Andreessen Horowitz (a16z) – has expressed concern over the US regulatory system, questioning why meme coins were allowed to thrive while cryptocurrency companies and blockchain tokens with useful applications “get stuck in regulatory purgatory” due to potential classification as securities. Trapped in “Regulatory Purgatory”...
Read More »9 Celebrity Endorsements That Are Pushing Crypto Mainstream
Grammy award-winning rapper Eminem recently cut an ad for Crypto.com to advertise blockchain to NBA fans. Here are 10 other celebrity endorsements that prove cryptocurrency adoption is accelerating. But real quick first— here’s “The Real Slim Shady” singer’s X post with the Crypto.com advertisement: You know what it’s always been. #FFTB #Ad @cryptocom pic.twitter.com/XZ3Qf7TkkR — Marshall Mathers (@Eminem) April 26, 2024 “From the beginning you couldn’t stop, breaking...
Read More »Expert Guide to Shiba Inu, Dogecoin, and Furrever Token (FURR)’s 15X ROI
In the dynamic world of cryptocurrencies, three notable tokens—Shiba Inu (SHIB), Dogecoin (DOGE), and Furrever Token (FURR)—have recently made headlines with significant developments. Each of these coins has brought forward news that not only affects their individual market trajectory but also signals broader trends in the cryptocurrency space. From Shiba Inu’s upcoming TREAT token which aims to add greater utility within its ecosystem, to Dogecoin’s recent surge...
Read More »These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
Earlier this week, the largest stablecoin issuing company, Tether, revealed that it made more than $4.52 billion in net profit in the first quarter of 2024. With the firm having expanded its operations recently, a substantial portion of the profits came from its long-standing businesses and not the newly formed divisions. Tether revealed in an attestation report that roughly $1 billion of the profit in Q1 2024 came from entities in charge of issuing stablecoins and managing...
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