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Recently, XRP’s price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50. The obvious loss of the uptrend structure in XRP’s current price…

World Mobile, a blockchain-powered mobile network, has partnered with DITO CME, the parent company of Dito Telecom, one of the Philippines’ fastest-growing mobile operators with over 13 million users. This partnership aims to bring affordable mobile and broadband connectivity to underserved rural areas while integrating blockchain into the country’s digital finance system. By combining DITO…

The market is neither bullish nor bearish today, according to CoinStats. XRP chart by CoinStats XRP/USD The price of XRP declined by 2.85% over the last 24 hours. Image by TradingView On the hourly chart, the rate of XRP is falling after a false breakout of the local resistance of $2.5646. If sellers’ pressure continues, one can…

Cryptocurrency market drops into fear, and you’d love to know what happened last time Source link

Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a “hybrid” proof-of-stake (PoS) model.  He argues that custodians and centralized exchanges will reject long-range attacks against a known set of “good” miners if the flagship coin does end up part of national reserves. This comes amid heated debates about Bitcoin’s…

Business intelligence firm MicroStrategy has been officially renamed to “Strategy,” according to a Wednesday announcement.  The company, which was founded back in 1989, is known as the largest Bitcoin holder. It currently holds roughly $46 billion worth of Bitcoin.  Related The new company’s new logo now features the “B” letter to highlight its focus on the…

The Ripple USD (RLUSD) stablecoin has secured several new listings, according to a Wednesday announcement.  The much-hyped stablecoin is now available for trading on Revolut and Zero Hash. These recent additions are likely to result in substantially broader RLUSD adoption.  London-based fintech firm Revolut boasts more than 50 million customers across the globe. Last September,…

Charles Hoskinson, Cardano founder, has shared a notable insight into how investors should see the cryptocurrency market. Hoskinson painted an optimistic picture of the crypto industry in an update shared with his over one million followers on X. Crypto market resilience after mass liquidations Hoskinson’s bold statement centers on the resilience of the crypto market and…

In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet. According to the blockchain data tracker Whale Alert, “19,037 ETH worth $53,538,431 transferred from Coinbase to an unknown new wallet.”…

Fuse Network and QuickNode, a leading provider of Web3 infrastructure, have partnered to create a layer-2 (L2) network for business applications. The Polygon Chain Development Kit (CDK) and QuickNode Rollups were used in the creation of this project, which attempts to improve blockchain efficiency and scalability, especially for payment solutions.  The partnership combines the modular rollup…