Crypto news

Cardano’s DeFi total-value-locked crosses a significant $450 million with its native stablecoin Djed contributing a significant portion. Smaller protocols like LendFi and Spectrum Finance recorded an impressive 90% surge in TVL. Cardano’s native cryptocurrency ADA has registered massive gains shooting over 15% soon after the FOMC meeting concluded on Wednesday. As of press time, the Cardano (ADA) price is trading 13.85% up at $0.6495 with a market cap of $22.9 billion. The recent price...

DTCC data shows that the Wise Origin Bitcoin FD SHS is listed under the ticker BITB. Bitwise joins BlackRock, Invesco Galaxy, and Fidelity on the DTCC’s list.  Bitwise Asset Management has listed its spot Bitcoin exchange-traded fund (ETF) on the Depository Trust and Clearing Corporation (DTCC). This comes after Fidelity Investments listed its FBTC spot Bitcoin ETF on the DTCC’s active and prelaunch list last week. Bitwise’s move is evidence of the firm’s confidence that a spot Bitcoin ETF...

Syz Gruppe tokenisiert Kunstwerk und erschliesst neues Themengebiet für Anleger Die Syz-Gruppe hat eines der Kunstwerke aus ihrer Sammlung tokenisiert und verschenkt die Token an ihre Mitarbeitenden. Syz macht damit einen Praxisschritt in ein Themenfeld der Cryptos, das auch für die Anlagekunden von zunehmender Bedeutung sein wird, weil er neue Wege im Umgang mit Kunstwerten eröffnet. Unter Verwendung des Tokenisierungsprodukts Taurus-CAPITAL des...

EOS price is eyeing a fresh increase from the $0.720 support against the US Dollar. The price is now trading near $0.780 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.790 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.790 and $0.800 resistance levels. EOS price is recovering above $0.720 against the US Dollar, like Bitcoin. The...

Litecoin is holding the key support at $70.00 against the US Dollar. LTC price is now trading below $75.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $74.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $74.50 and $75.00 resistance levels. Litecoin price is recovering from the $70.00 zone against the US Dollar, like Bitcoin....

The crypto bear market is officially over, and Bitcoin (BTC) will pump “significantly higher” over the next 18 to 24 months, according to popular trading analyst and Reflexivity Research co-founder Will Clemente. In a thread posted to X on Wednesday, the trader highlighted various on-chain signals that crypto inflows are coming back, and BTC is due for a rebound. Bitcoin’s Comeback One bullish signal lies in Bitcoin’s “realized market cap” – the total value of all BTC in...

Coinbase and Coinbase Asset Management have introduced “Project Diamond,” a platform powered by smart contracts. This new system aims to enable institutions by facilitating the seamless creation, administration, purchase, and sale of various digitally native assets directly on the blockchain. “Project Diamond” According to the official announcement, Coinbase Asset Management has specified that the initial application of Project Diamond will be restricted to registered...

The Financial Accounting Services Board (FASB) announced on Wednesday that it has officially adopted fair value accounting for crypto assets starting next year. The change is expected to make Bitcoin and other digital currencies far more welcoming to hold on corporate balance sheets, despite their intermittent price volatility. FASB’s Major Accounting Change Per FASB’s latest Accounting Standards Update (ASU), the revised standard is a response to overwhelming stakeholder...

Crypto industry experts have been discussing Tether and its potential to become the dollar-pegged defacto central bank digital currency of the world. The comments come in response to Cantor Fitzgerald CEO Howard Lutnick, who told CNBC earlier this week: “I’m a big fan of this stablecoin called Tether…I hold their treasuries. So I keep their treasuries, and they have a lot of treasuries. They’re over $90 billion now, so I’m a big fan of Tether.” Cantor Fitzgerald is a global...

TL;DR Recent XRP Price Dip and Optimistic Outlook: XRP has dropped from about $0.70 to $0.60, but analysts predict it could reach new highs before the end of 2023, potentially surpassing $1.20 soon. Analyst Predictions for XRP’s Future: EGRAG CRYPTO outlines two scenarios: the “Blue Route” with XRP rising to over $1.20 and an all-time high of $5.50 by late 2024, and the “Green Route” with a short-term drop to $0.50, followed by a surge to $22.50 by mid-2024. Exchange Support...