Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon. Ripple Price Analysis: Technicals By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6...
Read More »Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report
Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to speed up its use of crypto, particularly USDT, the largest stablecoin by market capitalization, to circumvent US sanctions. The Venezuelan oil company gradually started integrating USDT for oil sales in 2023, and reportedly has a new policy in place mandating new customers to have a digital wallet holding cryptocurrency. Venezuela Turning to USDT for Oil Exports According to Reuters, PDVSA’s intention...
Read More »ApeBond Introduces Flash Bonds: A Structured Opportunity to Purchase Discounted Bitcoin
[PRESS RELEASE – Grand Cayman, Cayman Islands, April 23rd, 2024] The cryptocurrency sector is continually evolving, and ApeBond is at the forefront with its new offering: ⚡Flash Bonds. This feature enables participants to acquire Bitcoin (BTC) at specific discounts. ⚡Flash Bonds will be launched on the ApeBond website on April 23rd at 17:00 UTC, with transactions being conducted in USDT. Exclusive Access, Exclusive Rewards ⚡Flash Bonds offer a structured way to purchase BTC...
Read More »DAI Hit Record $240B in On-chain Transaction Volume Last Week
CoinspeakerDAI Hit Record $240B in On-chain Transaction Volume Last Week DAI's $240B record weekly transaction volume eclipsed the rest of the stablecoins combined. DAI Hit Record $240B in On-chain Transaction Volume Last Week
Read More »Telegram-based Blogger Sells Username on Fragment Platform for Over $80K in TON
CoinspeakerTelegram-based Blogger Sells Username on Fragment Platform for Over $80K in TON The Telegram social network has quickly evolved into a vibrant Web3 ecosystem with more than $150M in TVL. Telegram-based Blogger Sells Username on Fragment Platform for Over $80K in TON
Read More »Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)
Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTC’s Calmness After Halving The adverse price developments for Bitcoin started last Friday when the asset slumped from over $71,000 to $65,000. It recovered a couple of...
Read More »EduTech Platform Banksters Set to Reward Airdrop Winners Following End of Contest
[PRESS RELEASE – Bucharest, Romania, April 17th, 2024] As part of its innovative approach to combining education and technology, Banksters, an EduTech simulator with advanced NFT capabilities, is in the midst of an airdrop campaign that has captured the attention of the gaming and crypto communities. The unique contest, which began on April 3 and is set to conclude on April 17, grants players an opportunity to win exclusive NFTs based on their activity levels within the...
Read More »Ethereum (ETH) Tops a Notable Ranking, Surpassing Popular Altcoins and Meme Coins
TL;DR Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong. Despite this success, the asset’s price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value. ETH Ranks First The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much attention lately, experiencing the fastest rise in discussion rate in the crypto community....
Read More »US Treasury: Russia Turns to Tether (USDT) to Evade Sanctions
Wally Adeyemo, Undersecretary of the U.S. Treasury, released an official statement saying Russia is increasingly resorting to alternative payment methods, such as the stablecoin Tether (USDT), to evade sanctions and sustain its military operations. The hearing, titled “Countering Illicit Finance, Terrorism, and Sanctions Evasion,” marks the committee’s second discussion on the topic within the last six months. Russia Employs Tether to Evade Sanctions In his testimony, Ademayo...
Read More »Tether Nears Completion of $500M Bitcoin Mining Investment, Pushing for Decentralization
CoinspeakerTether Nears Completion of $500M Bitcoin Mining Investment, Pushing for Decentralization Tether has constructed mining facilities and renewable energy stations in Uruguay, Paraguay, and El Salvador. Tether Nears Completion of $500M Bitcoin Mining Investment, Pushing for Decentralization
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