Author: admin

As the two most valuable cryptocurrencies in the world, Bitcoin and Ethereum have received the most attention from the investment community. But there are also digital assets that don’t deserve attention, such as XRP (CRYPTO: XRP).This innovative cryptocurrency has been performing well since its inception over a decade ago. However, it is now down 86% from its peak in January 2018. Should investors take advantage of the current situation and buy XRP for $100 now and hold it beyond 2024? It’s worth considering both the good and the bad before drawing any conclusions .Challenge to financial servicesAccording to online cryptocurrency…

Abu Dhabi, UAE – CyBirb, a leading Web3 security company, today announced its official launch within the Abu Dhabi Global Market (ADGM), the international financial center in the UAE capital. This strategic move aims to strengthen blockchain cybersecurity and compliance capabilities across the region. With the newly secured ADGM commercial license, CyBirb will align with the Web3 ecosystem to strengthen the regional blockchain ecosystem, protect businesses from cyber threats, and build investor and consumer trust. We are poised to provide cutting-edge security services. CyBirb’s expansion marks an important milestone in strengthening blockchain security and fostering innovation in the UAE and…

SUI may be preparing for a breakout as weak stocks exit the market. If that happens, there is a possibility that the ranking within the top 20 will change. Sui (SUI) has had a huge impact, surpassing Litecoin (LTC) in market capitalization over the past 30 business days. The growing user base is certainly accelerating this upward trend. However, recent weekly decline of over 3% has propelled SUI to the top of the losers chart. This divergence has AMBCrypto analysts investigating whether the recent decline was a deliberate attempt to shake off a weak hand, setting the stage for a…

VeChain uses blockchain technology to track carbon emissions and promote sustainability by optimizing supply chains. The company introduced VeCarbon, a tool to help businesses manage and reduce carbon emissions. According to VeChain Jenny, VeChain is establishing itself as a leader in sustainability by leveraging blockchain technology to address environmental issues. Through a series of initiatives, VeChain aims to promote transparency and efficiency in sustainability practices across the industry. Carbon tracking and sustainable supply chain One of its efforts is the VeChain blockchain-based carbon footprint tracking solution that allows organizations and people to track carbon emissions within their supply chains in…

Litecoin ends a strong week supported by a resurgence of social engagement Whales are contributing to the rally, but the cryptocurrency could soon pull back It has been an interesting week for Litecoin, mainly due to the surge in Litecoin social activity over the past few days. This has been accompanied by some notable bullish price action, but can cryptocurrencies sustain this trend in the long term? Litecoin’s rise in social engagement was particularly noticeable in its social metrics. For example, their X (Twitter) account has been losing followers over the past six months. However, the number of followers started…

Kaspa and Zcash are gaining traction in the crypto market, with upside potential on the horizon. According to ChangeNOW, coins such as Monero, Litecoin, and Kaspa are seeing an increase in trading. ChangeNOW’s increased activity suggests that investors keen on security and anonymity are starting to accumulate these coins in anticipation of future growth. Monero gains momentum as bulls target key resistance levels The price of Monero has been rising, hovering between $143 and $154. It’s up more than 5% over the past week, showing a strong upward trend. The next hurdle for buyers is the $160 resistance level. If…

The Hashdex research team reported that the market power of stablecoins increased by 3% in the third quarter of 2024. Two of the most well-known fiat-backed dollar stablecoins, USDT and USDC, increased their market share by 1% and 5%, respectively. .While PayPal’s PYUSD wasn’t as dominant as USDT or USDC, it did grow an impressive 57% in dominance over the same period.The first financial technology company to issue a USD-backed stablecoin was PayPal, which launched it in August last year. Paxos Trust Company issues PYUSD fully backed by US dollar reserves such as government bonds and cash equivalents. It can…

Over the past month, Ethereum’s price has shown resilience, spiking intermittently due to institutional adoption, Layer 2 innovation, and developments in the DeFi sector. Analysts predict that Ethereum could reach the $3,000 level by the end of the fourth quarter. Shiba Inu’s burn rate also recorded a significant increase of over 14,575%, with 279 million SHIB tokens removed from circulation, boosting SHIB’s price performance, which is already recording over 34% monthly appreciation. Meanwhile, Cutushi continues to attract investors with its unique features. This Ethereum-based utility token has already generated significant profits, with early investors enjoying a 46% ROI. This meme…

Two important moving averages are plotted on the chart: the 50-day exponential moving average (EMA) and the 200-day EMA. These are widely used to identify long-term and short-term trends.50-day EMA (white line): Currently at $0.1105, this line suggests short-term support. Prices are trading above this average, indicating that buyers are stepping in to prevent further declines. As long as prices remain above this level, the near-term outlook remains moderately bullish.200-day EMA (yellow line): The 200-day EMA, located at $0.1169, represents an important long-term support level. The recent price has been above this average, which is a bullish signal. If Dogecoin…

DeFa simplifies decentralized finance by providing a single-asset liquidity pool and mitigating the risks of traditional DeFi platforms through IOTA integration. Integration with IOTA also eliminates transaction fees, increasing efficiency and reducing costs for businesses and investors. In the latest development, innovative decentralized factoring platform DeFa Primitive has officially joined the much-lauded IOTA grant program. DeFa is transforming the way businesses access liquidity by leveraging blockchain technology and invoice tokenization. DeFa (Decentralized Factoring) is a new Web3 product recently launched by InvoiceMate that aims to bring real-world finance to the DeFi space. It also establishes a stable and secure alternative…