Tag Archives: News

Tap Protocol seeks to continue building new Bitcoin applications, ranging from fractionalization of Ordinals art and token functions for gaming applications.  Trac Systems, a German-based company and the parent entity of Tap Protocol, recently announced the completion of a funding round where it pulled the sum of $4.2 million from investors. The funding round was led by Sora Ventures and the capital raised is earmarked for the continued development of the company’s initiatives,...

Stellar lumen price is gaining pace below the $0.125 support zone against the US Dollar. XLM price is now trading below $0.122 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1220 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1185 support zone in the near term. Stellar lumen price is trading below $0.1220 against the US Dollar, like Bitcoin. XLM price...

XRP price started a fresh decline from the $0.644 resistance against the US dollar. The price is now trading below $0.620 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

For several different reasons, people working these jobs are likely to quit in 2024 in search of better jobs, despite decent pay. A new report from Payscale has revealed the top jobs people are likely to quit in 2024. According to research, the employees currently handling these jobs are looking to quit within 6 months, based on research conducted from November last year to October 2023, involving employee data from nearly 800,000 workers in the US. Payscale’s data is interesting because...

Critics argue that El Salvador’s Bitcoin experiment was premature, highlighting the country’s struggles in achieving the ‘Bitcoinization’ of its economy. El Salvador’s foray into the crypto market has been nothing short of controversial, marked by a $117.5 million Bitcoin (BTC) investment that recently pitched on the edge of profitability. President Nayib Bukele’s persistence in the face of international criticism, including opposition from the International Monetary Fund (IMF), raises...

Core’s Seed Abstraction offers a seamless cross-chain experience. Users can employ Core-generated seeds across a spectrum of blockchains. In a groundbreaking move for the crypto space, Core Wallet has introduced an innovative approach to wallet creation with its Seed Abstraction feature. According to a press release shared with Coinspeaker, this pioneering technology eliminates the need for cumbersome seed phrases, providing users with a more accessible and user-friendly experience without...

At its core, bot copy trading enables users to replicate the precise trading bot settings and strategies of experienced “master” traders. Bybit has recently introduced an innovative automated trading system called bot copy trading. This new offering aims to simplify and enhance portfolio management for its extensive user base of over 20 million individuals. By integrating futures trading bots with copy trading features, Bybit provides advanced yet user-friendly tools for crypto investors...

Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector...

In response to the overwhelming demand, Solana Mobile announced that the phone will be restricted to one device per household to ensure broader community participation in the Saga experience. The frenzy surrounding Solana‘s crypto phone has reached a fever pitch after struggling to catch investors’ attention since its debut on May 8, 2023. The move comes as memecoin enthusiasts scramble to capitalize on the meteoric rise of a fast-rising memecoin, Bonk (BONK), which has surged an...

Strating January 1, 2024, Brazil will introduce a flat 15% tax on crypto profits and up to 6,000 Brazilian reais ($1,200), will be exempt from taxation.  In a significant move, President Luis Inácio Lula da Silva of Brazil has signed into law a measure that imposes taxes on crypto assets held abroad by Brazilian citizens. The law, signed on December 12, was officially published in the Diário Oficial da União (Official Diary of the Union) on the following day. The taxation law shall come...