Markets

FSRA’s latest proposals seek to regulate Fiat-Referenced Tokens (FRTs) to improve stability. FSRA will assess feedback submitted by the public until October 3 before making a final decision. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued Consultation Paper No. 7 of 2024, which outlines ideas to improve its regulatory framework to support the issuance of Fiat-Referenced Tokens  (FRTs). This is an important milestone as the FSRA seeks to enhance...

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[PRESS RELEASE – Tallinn, Estonia, August 21st, 2024] Crypto gambling has grown in popularity and adoption since its introduction in 2012. Today, the segment’s worth far outnumbers hundreds of millions of dollars. CasinoRIX unveils the 2024 Crypto Gambling Stats, to make the data more precise. Key Crypto Gambling Statistics in 2024 CasinoRIX researchers unveil info on crypto gambling. Here are their core findings: The crypto gambling market is currently evaluated at around...

Much like the rest of the cryptocurrency market, XRP also went on a wild ride in August. The altcoin went through a serious crash in its value at the beginning of the month but the bulls were able to stage a v-shaped recovery, as illustrated in the chart below. Source: CoinGeckoWhile XRP’s price is moving more or less in line with the market, the total value locked within the protocol has recently crashed massively. Value Locked in XRPL Plummets 97% The total value locked...

Bitcoin’s price has yet to recover following the crash from $68K a couple of weeks ago. The cryptocurrency has been consolidating in a tight range, leaving market participants wondering about its future direction. BTC Price Technical Analysis By TradingRage The Daily Chart The daily chart shows that the BTC price has failed to climb back above the 200-day moving average, located around the $63K mark, after dropping below it earlier. The market is now consolidating around the...

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Die Postfinance erkärt Bitcoin: Wissenswertes über digitale Vermögenswerte Die Postfinance hat mittlerweile ein nettes Portal aufgeschaltet, wo die Postfinance den Kunden auf eine gute Art Bitcoin erklärt: https://www.postfinance.ch/de/privat/kampagnen/wissenswertes-digitale-vermoegenswerte.html Es gibt viele verschiedene...

Ethereum’s record low gas fees have receded to levels unseen for five years. Trends show Ether’s price increasing after such cycles. Ethereum’s gas fees have dipped to record lows, the lowest in five years. Transactions saw users paying gas of 0.6 gwei last week, a stark decrease from March’s 83.1 gwei, when the network witnessed tremendous usage, with the crypto market growing rapidly, marking a decline of about 95%. Gas fees reducing by this much can mean bullish action for Ether (ETH)...

While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to an all-time high Bitcoin price of $73,800 on Mar. 14, 2024. Ether, meanwhile, gained 234% from a Dec. 31, 2022 low level of $1,200 to an all-time high...

Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...