Cardano’s (ADA) price recently experienced a significant drop, failing for the second time in a month to close above the $0.40 level. The altcoin’s price fell by 11% within 48 hours, bringing it down to around $0.35. Despite this sharp decline, ADA still has a chance to recover. The possibility of the cryptocurrency regaining lost…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The iGaming industry is witnessing impressive growth, with global market projections reaching $127 billion by 2027. A driving force behind this trend is web3 gaming, which offers enhanced gaming experiences through features…
TLDR Bitwise has filed for an XRP ETF with the state of Delaware This follows SEC approvals of Bitcoin and Ethereum ETFs earlier in 2024 XRP is currently the seventh-largest cryptocurrency by market cap Bitwise confirmed the filing but won’t comment further on the fund at this stage The move comes despite past legal clashes…
Joerg Hiller Oct 02, 2024 09:57 Binance announces its support for the upcoming Cosmos (ATOM) network upgrade, temporarily suspending deposits and withdrawals on October 2, 2024. Binance has officially announced its support for the upcoming Cosmos (ATOM) network upgrade. According to Binance, the upgrade is scheduled to…
In 2024, the crypto market has seen a declining trend of active addresses in the BTC and ETH markets. Data provided by CryptoQuant and highlighted by the crypto analyst Burak Kesmeci show that the number of active Bitcoin and Ethereum addresses has been steadily declining; this phenomenon may have a profound impact on the further…
The Japanese financial regulator is preparing to review cryptocurrency regulations, potentially lowering crypto taxes and paving the way for a digital assets exchange-traded fund (ETF). Crypto Review In Japan The Need Of The Hour Speaking with Bloomberg on the condition of anonymity, an official at Japan’s Financial Services Agency (FSA) said that in the coming…
Kraken has announced the delisting of Monero (XMR) across the entire European Economic Area (EEA) due to regulatory changes. Effective October 31, 2024, at 15:00 PM UTC, trading and deposits for all XMR markets will be halted, and any open orders will be automatically closed. Clients will have until December 31, 2024, to withdraw their…
Bitcoin is back to red at press time, looking at the performance in the daily chart. After the close of the unexpectedly bullish September bar, the coin started on a weaker footing in October, dropping nearly 5% from the $65,000 and $66,000 resistance zone. Will Bitcoin Follow Global M2 Money Supply Growth To $90,000? Despite…
A 72% rise in new Dogecoin addresses indicates heightened interest in the meme coin, but the price has declined despite the activity. Analysts are cautious as a drop in trading volume may push DOGE to test key support levels like the 50-day moving average. After a recent slowdown, as reported by CNF, Dogecoin (DOGE) has…
Ripple’s upcoming stablecoin, RLUSD, is seen positively by insiders who believe it will enhance XRP’s utility and stability. The stablecoin, still awaiting regulatory approval, is in private beta testing on Ethereum mainnet and XRPL. RLUSD promises robust backing with USD deposits and government treasuries, audited monthly to ensure transparency. Ripple aims for RLUSD to support…