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Tag Archives: News

PayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch

CoinspeakerPayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch While PayPal's new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals. PayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch

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Stellar Lumen (XLM) Price Faces Uphill Task Near $0.145

Stellar lumen price is struggling below the $0.150 resistance zone against the US Dollar. XLM price is now trading below $0.150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.140 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1420 resistance. Stellar lumen price is trading below $0.150 against the US Dollar, similar to Bitcoin. XLM price could...

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Ripple Price Analysis: Key Barrier Sits at $0.68

Ripple price is facing resistance near the $0.680 level against the US dollar. The price is now trading near $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.635 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.665 and $0.680. Ripple price is struggling below $0.665 against the US Dollar, unlike Bitcoin. XRP price must...

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SEC Sends BlackRock BTC ETF Application Back for Revisions

The price of bitcoin fell as much as five percent at the end of June and briefly dipped below $30K (where it had been for the past few weeks) before rebounding. The reason? The Securities and Exchange Commission (SEC) decided to pass up on the present versions of the BlackRock and Fidelity bitcoin-based exchange-traded fund (ETF) applications. The SEC is Again Disapproving a Bitcoin ETF The news might seem rough at first, though there’s still room to get things...

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Peter Schiff: Crypto Only Works if It’s Backed by Gold

Peter Schiff is not entirely for crypto, nor is he entirely for gold. Rather, he’s for a combination of the two. In other words, the big financial answer to everybody’s problems is gold-backed crypto stationed on the blockchain. Peter Schiff on Gold and Crypto Schiff said in a recent interview that blockchain could make precious metals even stronger than they are presently. He’s not exactly a bitcoin fan, going so far as to say that bitcoin (by itself) is nothing...

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Steven Goldfeder: Blockchains Shouldn’t Try to Outdo Ethereum

Steven Goldfeder of Arbitrum said in a recent interview he thinks it’s a mistake for blockchains to try and compete with Ethereum. Steven Goldfeder on What’s Coming for Blockchain Ethereum is the most popular network around. However, its high gas fees and slow speeds in the past have given rise to several Layer-2 blockchain networks that have sought to complement it or aid it along. They realize it’s too big for them to compete with, and they seek to enhance its...

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