Crypto news

Trust Wallet claimed that the Binance newly launched Web3 wallet unveiled during the company’s Blockchain Week is a product of its WaaS technology.  Decentralized wallet provider Trust Wallet has announced the launch of its new product Wallet as a Service (WaaS) to promote the adoption of the Web3 ecosystem. In an announcement on Wednesday, the company said WaaS was designed to offer businesses various tools to provide Web 3 services to their customers. “In a digital economy where...

It’s official. Nayib Bukele will be running for another term as El Salvador’s President next year. The popular reformer, anti-violence crusader, and Bitcoin advocate needed an election tribunal’s go-ahead to run again. Tribunal Greenlights Bukele Reelection Bid Under El Salvador’s constitution, a President is limited to a 5-year term. Moreover, consecutive terms are also banned under the nation’s constitution. A go-ahead from a special Supreme Electoral Tribunal, however, has...

[PRESS RELEASE – Saint Vincent, The Grenadines, November 8th, 2023] RocketX announces the integration of MicroVision Chain ($SPACE) into its platform, making it interoperable with over 100+ leading blockchains. This step enables users to transfer assets across various networks easily, aiming to streamline the DeFi experience on the MicroVision Chain. With this integration, users benefit from single-click transactions and a simplified onboarding process, reducing the need for...

Grayscale’s Chainlink Trust – GLNK – has surged to a premium of 200% when compared to the current LINK market prices. GLNK has seen a remarkable surge of almost 100% in the last week, concluding at $39 on Monday, up from its level of $21 on October 31. It is also important to note that LINK’s price has more than doubled over the last three weeks amidst the broader cryptocurrency market recovery. Institutional Demand Pushes GLNK to 200% Premium According to CoinMarketCap, the...

HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service will offer custody for assets such as tokenized securities and is expected to launch next year. It will complement HSBC’s Orion digital assets issuance...

TL;DR Ripple’s XRP has seen a recent price increase, leading to a positive shift in investor sentiment, with over $355 million in futures and 91% of traders taking long positions on Bitrue. Analysts provide varied forecasts, with predictions of a continued uptrend with potential to reach $1.05 if it maintains above the $0.66 level, while others speculate a surge to $14 in the near term. Outlier predictions include a highly skeptical claim of XRP reaching $500 in the coming...

To boost network performance, The Graph will invest in improved Indexer tooling and operational capabilities. These upgrades aim to increase scalability, reduce costs, and enhance network reliability. In a recent development, The Graph (GRT), a pioneering project in the Web3 ecosystem, announced an ambitious new roadmap, sending ripples through the crypto and blockchain communities. This roadmap introduces a game-changing vision for The Graph’s future, outlining key initiatives that will...

Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares.  Microsoft Corporation (NASDAQ: MSFT), a global technology powerhouse, witnessed a remarkable surge in its share price, achieving unprecedented heights for the first time since 2021. On November 7, the company’s shares ended the trading session at a record high of $360.53, representing an impressive daily increase of 1.12%. The surge propelled the company’s market...

Given BTC price’s continuous rejection of the $35k zone, it is possible that we may witness Bitcoin correction to $31k. The price of Bitcoin has broken through the $35k resistance for the third time since the start of November. It shattered the long-term consolidation range between $25k and $31k on October 22. Although the price has been on the rise since then, the overall signals have been mixed, with some analysts expecting retracements and others anticipating a continued upward trend....

Commenting on the partnership with Ripple, Dare Okoudjou, founder & CEO at Onafriq, said the deal is the first step towards the implementation of the company’s crypto strategy. The leading blockchain payment company Ripple has secured a partnership with Onafriq, one of the top mobile payments companies in Africa, to expand the capabilities of its remittance services and foster smoother cross-border transactions within 27 countries in the region. The collaboration between Ripple and...