Markets

XRP price is attempting a fresh increase from the $0.5650 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.60 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.6250 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...

DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized exchanges, allowing fellow crypto buyers to easily find sellers, and vice versa. Market-making yield can...

TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s Prediction The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC)...

In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes amidst a surge in trading activity experienced by the platform. dYdX Proposes Enhanced Security Measures The proposal presented by dYdX emphasized the necessity of increasing the platform’s security measures in the face of increasing deposits and trading volumes. dYdX stated that it...

TL;DR Ripple’s XRP experienced a modest 2% daily increase, currently valued at nearly $0.61. Analysts believe the asset could surge if it surpasses the $0.75 resistance, with its price also affected by the upcoming Ripple vs. SEC trial. The cryptocurrency market launched another substantial rally today (April 8), with Bitcoin (BTC) briefly surpassing the $72,500 mark. Ripple’s XRP has also caught the green wave, albeit charting less impressive gains than its rivals....

CoinspeakerArthur Hayes $10M GMX Unstaking Shakes Market: Investors Unphased as Price Recovers GMX price seems to have seen some recovery, finding stability around the $39 mark. Arthur Hayes $10M GMX Unstaking Shakes Market: Investors Unphased as Price Recovers

Among the thousands of cryptocurrency investment options available today, NFT Finance (NFTFN) stands out with its unique selling propositions and strong foundation. Apart from offering immense growth prospects, NFTFN also boasts backing from crypto frontrunners like Polygon and leading venture capital firms like Alpha Wave Global and Sigurd Ventures. Decoding NFTFN’s Popularity NFTFN has taken the non-fungible token (NFT) market by storm, offering innovative...

A fundamental tenet of the Dow Theory suggests that the patterns of asset prices tend to echo through time, much like Mark Twain’s renowned saying: “History doesn’t repeat itself, but it often rhymes.” This concept prompts traders to scrutinize current market movements for any semblance to past events as a way to forecast future trends. Dogecoin, the leading meme-based digital currency, has recently surged past its critical 50, 100, and 200-week simple moving...

[PRESS RELEASE – Deira, Dubai, April 7th, 2024] R Games is marking a significant milestone in the gaming world with the launch of its $RGAME token, scheduled for 10 AM UTC on April 8th, 2024. This major step for R Games will launch on platforms like DAOMaker, Poolz Finance, Finceptor, and Paragen, followed by listings on top exchanges such as Gate.io, MEXC Global, PancakeSwap, Raydium, and BingX. A strong community from Fabwelt Studios and WEMIX Play backs this launch. $RGAME...

[PRESS RELEASE – Seoul, South Korea, April 8th, 2024] Color Protocol launches an ERC-404 conversion platform for Memecoin, Meme artists and communities can create their Meme NFT collections in ERC-404, and holders are able to convert their Memecoin into NFT. New paradigm for Meme-based creation issuance Memecoin is the eternal rhythm of the crypto market, known for its explosive expansion, unique community culture, and vast market potential. And many graffiti artists created...