Crypto news

Stellar lumen price is rising toward the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1280 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like bitcoin. XLM price must...

XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it plans to make USDP available to the public on Solana starting January 17, 2024. This move marks a significant milestone for Paxos in the competitive stablecoin landscape, where rivals such as Circle and Tether are also racing for market dominance. Paxos’ Solana Expansion Paxos...

The EthereumPoW (ETHW) announced its decision to dissolve the organization after in-depth discussions and based on a consensus among the majority, thereby fulfilling the commitments made during the initial fork. According to the official blog post, the entity said the decision aligns with its plans to transition to complete decentralization. EthereumPoW Embraces Autonomy The “unanimous” agreement to dissolve stems from a thorough examination of ETHW’s ability to function...

On the 30th of July, four Curve Finance pools were exploited due to a re-entrancy bug made possible by the Vyper programming language. The hackers attacked four mining pools and made off with a total of $73.5 million. Almost immediately, the community sprang into action – Curve itself extended the standard olive branch, offering to treat the incident as a white hat incident in return for 90% of the stolen funds being sent back. Meanwhile, genuine white hats also went after...

Das Jahr 2023 neigt sich dem Ende zu, und viele Investoren und Krypto-Enthusiasten richten ihren Blick auf das kommende Jahr, insbesondere auf Ripple und seine Kryptowährung XRP. Ripple hat in der Krypto-Welt aufgrund seiner einzigartigen Technologie und Partnerschaften mit Finanzinstitutionen stets für Aufsehen gesorgt. Doch wird 2024 das Jahr von XRP sein? In diesem Artikel werfen wir einen Blick auf die möglichen Szenarien. Technologische Innovationen und Partnerschaften Ripple hat sich...

The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs) registered with the Securities and Exchange Commission (SEC) in line with stringent know-your-customer (KYC) and anti-money laundering checks. CBN Eases Crypto Ban In February 2021,...

A U.S. circuit court in Washington D.C. has ordered the Securities and Exchange Commission to revisit its rejection of a Bitcoin ETF application by crypto hedge fund Grayscale. But that doesn’t mean the SEC won’t find new reasons to reject it or any of the dozen other applications. SEC Rejection or Delay Could Tank Bitcoin Price Crypto industry investors and insiders expect the price of Bitcoin and other crypto assets to surge if and when the SEC approves an exchange-traded...

After an extended consolidation phase around the crucial $45K resistance region, Bitcoin’s price is exhibiting slight fluctuations, possibly forming a double-top pattern. The emergence of this pattern could signal a notable downturn in the short term. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Bitcoin’s consolidation has prolonged near the critical $45K resistance zone. This significant price range aligns with the upper...

TL;DR Bonk Inu’s (BONK) Current Status: Bonk Inu, a memecoin on Solana, has seen a 300% price increase recently, with its future performance dependent on market trends, community strength, and regulatory changes. Community and Technological Influence: BONK’s success could be influenced by its community support, social media trends, and technological advancements. Competition from Dogwifhat (WIF): The new Solana memecoin dogwifhat (WIF) has seen a 450% price increase, posing a...