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Versan Aljarrah, founder of Black Swan Capitalist, revealed some key factors that could push XRP price to new levels. As a public supporter of the XRP coin, Aljara has always expressed optimism about its future prospects, often expressing how much the XRP price could rise if it gained global adoption and widespread acceptance. Emphasized. XRP price expected to rise to $3.5 In an October 21st post on X (formerly Twitter), Aljrarrah outlined various factors that could cause XRP to soar in the future. Black Swan founder believes that XRP price has the potential to become a safe digital asset during…
staff reporter ,Thailand Siam Commercial Bank announces cross-border payments using stablecoinsStablecoins are used to settle payments and transfers.Siam Commercial Bank (SCB) is collaborating with Lightnet to use stablecoins to settle cross-border payments and remittances.SCB said in a press release posted on its website that this is the first time that stablecoins are used for cross-border payments and remittances in Thailand.This service utilizes the Fireblocks platform. According to SCB, assets will be secured on the back end to ensure protection and trust between the parties.The project successfully graduated from the Bank of Thailand (BOT) regulatory sandbox in October 2024.The service reportedly…
Litecoin (LTC) appears to be at a critical juncture, suggesting a possible trend reversal. Currently, the market value ratio (MVRV) Z-score derived from Glassnode data is -0.23. This indicator measures the valuation of cryptocurrencies. A similar reading was seen around February 29th, which coincided with LTC trading at $74.62. In a short period of two days, the value of the coin increased to $94.47. This trend is not unprecedented for Litecoin. Despite negative indicators in March, LTC suffered a price decline, recovering to $109.29 just 10 days later. LTC is currently trading at $78.62 and the Bitcoin halving is less…
Litecoin (LTC) investors saw positive movement in the coin’s price last week, hinting at the potential for further upside. The recent surge could cause LTC to reach a critical level and trigger a broader uptrend. According to data from CoinMarketCap, LTC price has risen about 3% over the past week, although it started declining yesterday. At the time of writing, LTC is trading at $85.16, giving it a market cap of approximately $6.26 billion. Despite the recent stabilization, LTC has consolidated near significant resistance levels, suggesting bullish sentiment. Some analysts believe that LTC is poised to break through this resistance…
The UK plans to introduce stablecoin regulations in the coming months, according to Dante Disparte, chief strategy officer and head of global policy at stablecoin issuer Circle. Speaking about the outlook in an interview in London, Disparte believes the country will soon establish formal guidelines for stablecoins, as reported by CNBC’s Ryan Braun. A stablecoin is a virtual currency that maintains a stable value by pegging it to a legal currency such as the US dollar or dollar. British pound. Disparte highlighted that the slow pace of implementation of UK crypto laws may have been an advantage, citing events in…
Cardano (ADA) recently expressed interest in crypto AI through a partnership with Globant and participation in projects such as RCO Finance (RCOF). This partnership is a major milestone for Cardano, as this project is primarily related to the development of a secure and sustainable blockchain environment. RCO Finance (RCOF), on the other hand, is attracting a lot of interest despite still being in the pre-sale stage. As a leading company in this field, RCOF is well-positioned to manage AI solutions on blockchain. By December 2024, these two cryptocurrencies could become one of the major players in the new world of…
Dogecoin, the original meme coin, has been a long time favorite ever since its incredible rise in 2021. However, Doge prices have fallen unflatteringly and are struggling to regain their former glory. Nevertheless, DOGE’s top investors share a bullish outlook, suggesting the token still has room for growth despite recent volatility. As Dogecoin soars, a relatively new altcoin, RCO Finance (RCOF), is also making waves with its unexpected 8,000x upside potential. Will DOGE maintain this strong momentum, or will RCOF break out and steal the spotlight? DOGE Price Prediction: Bullish? As of October 2024, Dogecoin is trading at $0.148. This…
A top cryptocurrency analyst known for predicting the May 2021 Bitcoin crash said that certain indicators are signaling a bull market for BTC. A pseudonymous trader known as Dave the Wave told his 146,700 followers on social media platform He says it’s a bullish signal. MACD is a momentum indicator used by traders to monitor potential trend reversals. Source: Dave the Wave Dave the Wave also points out that the monthly MACD consistently signals a bullish market for Bitcoin over a multi-year pattern. Source: Dave the Wave The analyst also suggested that Bitcoin’s previous resistance near $67,000 may be turning…
Sponsored post* Current market sentiment is bearish, with Litecoin (LTC) rising significantly. As investor confidence grows, significant opportunities are emerging from crypto insiders across cryptocurrencies. This increased interest has been observed not only in established players such as Litecoin and FET, but also in emerging projects such as RollBlock (RBLK). In this kind of volatile market, smart investors are looking to make the most of the rally and take a slice of the crypto market profits with these altcoins. Litecoin (LTC) is in a mini bull market Canary Capital has filed registration documents for its SpotlightCoin exchange-traded fund (ETF) with…
Tether, which operates the world’s largest stablecoin by market capitalization, has reportedly proposed to the Turkish government the creation of a token representing borate minerals.Tether has asked Turkey to consider implementing blockchain technology to create boron-backed digital tokens, Bloomberg reported on October 24.A Turkish official said Tether’s boron proposal was not currently viable, but another official at the country’s Energy Ministry reportedly insisted that negotiations with Tether were at an early stage.The report also suggested that Tether has floated the idea of setting up a digital asset exchange in Istanbul.Turkey holds more than 70% of the world’s boron supplyBorate minerals…