Stellar lumen price is gaining pace below the $0.124 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line forming with support near $0.1205 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1165 support zone in the near term. Stellar lumen price is trading below $0.1250 against the US Dollar, like Bitcoin....
Read More »XRP Price Analysis: XRP At Risk of Drop Toward $0.50
XRP price started a fresh decline below the $0.620 zone against the US dollar. The price is now trading below $0.600 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $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 $0.588 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could decline...
Read More »RocketX Announces Beta Launch of Its API For Multichain Crypto Swaps
RocketX ensures the API comes equipped with robust Anti-Money Laundering (AML) protocols, ensuring that multi-chain asset swaps occur in a compliant manner. RocketX has unveiled the beta phase of its developer application programming interface (API), streamlining the deployment of multichain decentralized applications (dApps) across any blockchain. According to a press release shared with Coinspeaker, the API incorporates an advanced discovery and routing algorithm, allowing self-custodial...
Read More »Nvidia Delays Launch of AI Chip for China amid Export Compliance Challenges, NVDA Stock 1% Down
Nvidia is also working on two other chips, the L20 and L2, for the Chinese market. According to the Reuters report, one of the chips, L20, is not facing delays and is expected to launch according to the original schedule. Nvidia Corp (NASDAQ: NVDA), the California-based AI chip giant, has notified its Chinese customers of a delay in the launch of its new artificial intelligence chip, H20, designed to comply with the latest United States export regulations, Reuters reported Friday, citing...
Read More »Wallet of Satoshi Removed from US App and Google Stores
While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return. Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time when the app is on the brink of processing over 1 million transactions for the month of November. The Disappearance Wallet of Satoshi Early today, users and...
Read More »TokenFi Rolls Out Easy Token Launch Solutions on Ethereum Goerli
Despite its positive trajectory, TokenFi has encountered challenges, particularly with Bitget’s recent decision to delist TOKEN from its platform amidst allegations of price manipulation. TokenFi, a sister project to the popular meme token Floki Inu, has announced the launch of its groundbreaking initiatives, marking a significant step in democratizing the process of token creation within the cryptocurrency market. According to an announcement on X, the platform has rolled out two new...
Read More »Bill Gates Envisions Three-Day Workweek Powered by AI
Gates particularly emphasizes AI’s positive impact on productivity in fields such as programming, testing, and healthcare, where it could streamline processes and reduce paperwork for professionals. American businessman and philanthropist Bill Gates has once again captured the attention of the world with his latest assertion that Artificial Intelligence (AI) could revolutionize the standard workweek, allowing humans to work just three days a week. Bill Gates’ Vision of a Three-Day...
Read More »JPMorgan Says Grayscale Bitcoin Trust (GBTC) Can Expect Significant Outflows on ETH Approval
If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The...
Read More »Binance Legal Issues Could Worsen as CFTC Gets More Aggressive, Gains Access to Crypto Exchange’s Records
The commission now has access to all of the exchange’s records, which could serve as a catalyst for uncovering additional instances of mishandled funds or suspected fraudulent activities. The recent news of Binance’s former CEO pleading guilty to money laundering charges has undoubtedly made headlines, adding to the circumstances that led to his decision to resign as CEO. A settlement was reached to resolve this matter, resulting in a $50 million fine imposed on CZ (the former CEO) and a...
Read More »Court Issues Verdict on Do Kwon’s Extradition
Do Kwon faces multiple fraud-related and civil allegations from US federal prosecutors. Eight months after his arrest, a court in Montenegro has finally ordered the extradition of Terra founder Do Kwon. Kwon was arrested in Podgorica, the capital city of Montenegro in March, after he was caught trying to flee to Dubai via private jet, and with falsified documents. At the time, Kwon had a fake Costa Rican passport on him. Although a final decision is yet to be made on his final destination,...
Read More »
Crypto EcoBlog
