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XRP fell in the past 24 hours and also fell on the weekly chart Market sentiment was low compared to other major assets While the broader cryptocurrency market has seen a notable surge, XRP has remained largely stagnant. In fact, the altcoin’s value has fallen slightly over the past week, further worsening its flat performance over the past 24 hours. This lack of momentum, combined with changes in funding rates, has led to speculation about XRP’s near-term direction. XRP performance falls short of market rally The recent rally in the crypto market has been largely driven by Bitcoin’s new all-time…
A 16-year-old East London boy accused of procuring cryptocurrencies and providing cyber expertise to al-Qaeda has been granted bail with limited digital access and can only use his PlayStation offline It became.Prosecutors say the boy, who cannot be named for legal reasons, tried to collect about $1,300 in virtual currency for extremist groups including al-Qaeda and the Pakistani Taliban, the Standard reported Wednesday. claims.Appearing at Westminster Magistrates’ Court, the teenager pleaded not guilty to five charges, including raising funds for terrorism, providing training and possessing documents of a nature useful for terrorism-related purposes.Bail conditions require the boy to abide by…
South Korean crypto investors reach 7.8 million with market capitalization increasing by 27%: Report
South Korea’s cryptocurrency market soared in the first half of 2024, with 7.8 million investors and daily trading volume of $4.4 billion, an increase of 67%. South Korea’s cryptocurrency market expanded significantly in the first half of 2024 due to soaring Bitcoin (BTC) prices and increased investor interest. The number of cryptocurrency investors in South Korea increased by 21% to 7.8 million from 6.45 million in the second half of 2023, Korean daily newspaper Korea Ilbo reported, citing data from the Financial Services Commission’s Financial Intelligence Department. Ta. Daily trading volume also surged, increasing 67% to $4.4 billion, and market…
@FDLabsHQ has announced plans to launch the FDUSD stablecoin on Solana, leveraging blockchain’s fast and low-cost infrastructure.The move makes FDUSD the latest addition to Solana’s growing ecosystem, which already includes popular stablecoins such as Circle’s USDC, Tether’s USDT, PayPal’s PYUSD, and global currencies such as GMO Trust’s GYEN. It turns out.According to @RWA_xyz, as of October 28, 2024, over $2.6 billion of FDUSD has already been issued on various blockchain networks, and this expansion to Solana is in line with demand for diverse stablecoin options. It highlights the rise. First Digital’s decision to bring FDUSD to Solana also highlights the…
TRX, the ninth largest cryptocurrency by market capitalization, is currently trading at $0.1677, giving it a market capitalization of $14.5 billion. TRX has gained 4.83% over the past week, fueling optimism among bulls with a price target of $0.20.Looking at the weekly chart, an ascending channel pattern is evident with TRX setting higher highs and higher lows. The current uptrend appears to be focused on reaching the 100% Fibonacci level of $0.18442, just shy of TRX’s all-time high. Since mid-November 2022, TRX has experienced an impressive recovery, rising 274% from a low of $0.045 to current levels. Although this rally…
TL;DR Ethereum (ETH) is up about 6% weekly, with analysts predicting it could rise above $4,000. Bullish on-chain indicators and positive sentiment on platforms like Telegram support the hypothesis of an upcoming resurgence. Is it time for ETH to shine? The crypto sector has been in free fall in recent days, with Bitcoin (BTC) at one point exceeding $73,500 and Dogecoin (DOGE) hitting a six-month high of around $0.18. Ethereum (ETH), the second-largest digital asset in terms of market capitalization, has also been well-earned, albeit with modest gains. It is currently trading at around $2,700, representing a weekly gain of…
Elliott Wave Analysis TradingLounge. XRP/USD (XRPUSD). XRP/USD Elliott Wave Technical Analysis Function: Counter trend. Mode: Fixed. Structure: double orthodontic. Position: Wave ((Y)). Next highest degree direction: Impulse wave II. Wave cancellation invalidity level: Details: The second wave is likely to be completed, and the third wave could lead to higher prices. XRP/USD (XRPUSD) trading strategy: Since the second wave correction appears to be over, we will focus on the wave 5 rise of the third wave. The price action is still in an uptrend and is looking for a re-entry into the trend. XRP/USD (XRPUSD) technical indicators: Price is below…
AI-assisted TLDR: Ubisoft has released Champions Tactics: Grimoria Chronicles, a PvP blockchain RPG featuring NFTs costing up to $63,000. Players initially fight by collecting temporarily provided figures, but eventually must purchase or create their own figures using in-game currency or cryptocurrency. * Generated from content by Anthony Garreffa below.Ubisoft promised to create a blockchain game three years ago. And here we present Champions Tactics: Grimoria Chronicles. It’s a new PvP blockchain RPG with playable NFTs that cost as much as $63,000 using in-game currency. Champions Tactics is described as a “PvP tactical RPG game on the PC”, developed and published…
In 2008, Satoshi Nakamoto published the Bitcoin whitepaper with the aim of creating a system that would replace the need for central authorities such as banks and financial institutions to facilitate transactions. The nine-page document, called “Bitcoin: A Peer-to-Peer Electronic Cash System,” contains detailed instructions on how to make payments directly to each other based on cryptographic proofs, without relying on third-party intermediaries. I did. Since then, Bitcoin has grown from $0.05816 in 2010 to $72,500 today, making it one of the world’s largest asset classes. As we celebrate the 16th anniversary of the Bitcoin Whitepaper, let’s take a look…
If XRP’s market cap approaches the $100 billion level, it could lock in a higher price level, but most remain uncertain about the impact such a milestone will have on price. Notably, XRP was at one point the second-largest cryptocurrency on the market after Bitcoin (BTC). The altcoin battled with Ethereum (ETH) for this spot for several years, but ultimately succumbed to bearish pressure, thanks in part to contributions from the ongoing SEC litigation. Historical market capitalization movement of XRP XRP’s best performance came during the 2017 bull market, which had a significant impact on market capitalization. This helped propel…