Crypto news

A fundamental aspect of Bitcoin’s appeal lies in its status as a form of currency resistant to censorship and immune to arbitrary regulations. The principle is that anyone with the means to cover network fees should be able to engage in transactions without requiring permission. However, a new report suggests that a major Bitcoin mining pool filtered transactions based on sanctions imposed by the US Office of Foreign Assets Control (OFAC). Asian-Based Bitcoin Mining Pool...

The e-commerce industry is a powerhouse in today’s marketplace, using technology to meet the changing demands of consumers seamlessly. At its core, the success of e-commerce is intricately tied to the harnessing of vast data sets, a phenomenon commonly known as Big Data. In today’s ever-changing environment, Big Data is crucial, guiding businesses to comprehend customer behavior better. The significance of Big Data lies in its unparalleled ability to extract actionable...

XRP Analysis By Shayan After failing to breach the $0.74 mark, Ripple initiated a corrective leg, retracing toward the 100-day and 200-day moving averages at approximately $0.55. However, a crucial support region stands in the way, potentially putting a halt to Ripple’s short-term downward trajectory. The daily chart illustrates that Ripple encountered seller dominance when attempting to surpass the $0.74 mark, impeding further upward momentum. Subsequently, the price...

Investors stateside in both the cryptocurrency and traditional finance worlds are eagerly awaiting a Bitcoin ETF product in the U.S. But those in Europe looking for an XRP exchange-traded product will have one next month. Europe Gets an XRP ETP in December DeFi Technologies, Inc. announced last week it will debut a new Ripple XRP ETP on a European exchange. The Canada-based Web 3.0 company will be ready to launch the product in early December. It will offer the product...

TL;DR ADA’s Strong Performance: ADA has seen a nearly 70% increase in price this year, with experts predicting continued growth in 2024, possibly reaching new highs. Optimistic Predictions for 2024: Twitter user Ali sets a $10 target for ADA by summer 2024, while Dan Gambardello predicts a spike to $11 post-BTC halving, with a potential market cap of $400 billion. 2025 Projections: Analyst FieryTrading suggests ADA could reach $35 in 2025, a significant increase from its...

Binance is the largest crypto exchange in the world by volume. The company just recently turned six years old earlier this year. In addition to Zhao stepping down as CEO, Binance agreed to settle DOJ charges of money laundering with a $4.3 billion fine. Furthermore, the exchange saw over $1 billion in outflows in under 24 hours as customers withdrew funds and tokens following the news. Supporters sent CZ an outpouring of sympathy and cheers on X.com. Here are three powerful...

CoinGecko, a prominent independent cryptocurrency data aggregator, has recently announced its acquisition of Zash. This strategic move is set to increase CoinGecko’s cryptocurrency services by incorporating Zash’s NFT information into its API, offering users a holistic perspective of fungible and non-fungible tokens. CoinGecko Announces Its Acquisition of Zash CoinGecko announced earlier this week the strategic purchase of Zash, a front-runner in the NFT data infrastructure...

[PRESS RELEASE – Kingstown, Saint Vincent & Grenadines, November 25th, 2023] RocketX, the multichain CEX and DEX aggregator that seamlessly transfers digital assets across 100+ blockchains, announced the beta availability of its developer application programming interface (API), making it easy to launch multichain decentralized applications on any blockchain. Using the RocketX API, developers can integrate RocketX’s hybrid aggregator for crypto swaps into any kind of...

In a move to modernize its financial infrastructure, South Korea is set to embark on a pioneering project involving digital currency. Commencing in the fourth quarter of 2024, the nation will start a pilot program involving the participation of 100,000 citizens, signifying a significant stride towards the nationwide implementation of digital currencies. South Korea to Pilot Digital Currency with 100,000 Citizens In an upcoming pilot program jointly managed by the Bank of...

On Nov 1, the IRS announced, “The limit on annual contributions to an IRA increased to $7,000, up from $6,500,” for the 2024 tax year. The 401(k) limit also went up by $500 to $23,000. That means Bitcoin investors who are saving for retirement with a self-directed Bitcoin IRA can now contribute $500 more next year. Bitcoin IRA Contributions Are Tax Deductible Saver investors looking to hedge inflation, diversify their portfolio, or add a risk-reward, high-growth tech play to...