Ripplrice has been recovering recently, spreading optimism among market participants and XRP investors. Ripple Price Analysis By TradingRage The USDT Paired Chart Looking at the XRP/USDT chart’s daily timeframe, the price has rebounded from the $0.4 support level with momentum. It has reclaimed $0.5 and the 200-day moving average, located around the $0.55 mark. The…
The ever-evolving meme coin sector could offer surprises at any time, with newly-launched tokens recording potential significant gains or established ones making waves due to impressive achievements. In the following lines we will touch upon five such assets that may take center stage in the following 30 days and explain why. Dogecoin (DOGE) The OG…
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424…
The nine spot Ethereum ETFs in the US saw net outflows totaling $77.21 million on Wednesday, reversing the previous day’s positive trend. The outflows come amidst Ether’s price faltering below $3,200. Spot Ether ETFs’ Outflow Continues The Grayscale Ethereum Trust (ETHE) recorded $133.33 million in net outflows on July 31st, according to SosoValue data. Since…
PRESS RELEASE. Buenos Aires, Argentina – August 1st, 2024 – UQUID, a pioneer in Web3 shopping platforms, has introduced a new feature allowing users to top up their SUBE cards using USDT on the TRON blockchain. This new functionality aims to streamline how Argentine commuters manage their public transportation expenses, leveraging cryptocurrency for everyday transactions.…
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement cash and existing payment systems, serving both wholesale and…
A subsidiary of Animoca Brands has launched the open beta of its new Web3-centric action game, Cosmic Bomber. Developed by industry veterans from Sony, Electronic Arts, Nintendo, Lucas Arts, and Blizzard, the game is now available to over 1.77 million holders of Moca ID, the identity layer of Animoca Brands’ network. Cosmic Bomber offers strategic…
TLDR Hamster Kombat aims to attract 1 billion users and plans to airdrop 60% of its tokens to players. The game has reportedly gained 239 million users in 3 months according to Telegram’s CEO. Hamster Kombat is considering ecosystem grants for third-party developers. The game faces challenges with auto-clicking bots potentially inflating user numbers. Some…
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of…
Tether has again proved its strong financial health as it closed the second quarter with $1.3 billion in net operating profits, according to the company’s new report. The gain brings Tether’s total net profit for the first half of the year to $5.2 billion. Tether is holding $4.7 billion worth of Bitcoin and $3.8 billion…