Cryptocurrency analyst and trader “The Chart Guy” has issued a bearish outlook on XRP, suggesting that the altcoin may be poised for further declines. Despite recent price increases, the analyst believes that hidden bearish divergences on the technical chart indicate a potential for lower levels to be filled. In a ... Read more
Ethereum, the largest smart contract platform has faced challenges with slow transaction speed leading to the emergence of scaling solutions. This has led to a decrease in on-chain activity on the main net. However, a new proposal, dubbed EIP-7781, aims to significantly increase the network’s transaction speed by reducing block ... Read more
Visa announced the launch of VTAP, a platform for banks to manage tokenized digital assets, amid a U.S. Justice Department antitrust lawsuit against the payment giant. Released on October 3, 2024, VTAP enables banks to mint, burn, and transfer fiat-backed tokens like stablecoins and tokenized deposits. By doing this, the ... Read more
The escalating tensions in the Middle East have sent shockwaves across the crypto markets, causing a sharp decline in Bitcoin’s price. The token so far has struggled to reclaim the crucial $65,000 level, leaving investors to wonder if this is just a temporary correction or the beginning of a broader ... Read more
A leading crypto on-chain sleuth has accused the infamous “HL retard” whale of the fund manipulation from the Avalanche BTC bridge. As per the sleuth’s recent analysis, the whale, also known as “2TheMoon,” has reportedly been engaging in deceptive tactics with potentially illicit funds. The investigator pointed out that inflows ... Read more
Shiba Inu is gearing up for its biggest crypto fest yet- ShibaCon. The upcoming event on Nov 9-15, is slated to be more than just a conference; the event promises to be a rallying point for the passionate Shib Army, offering a unique platform to connect, learn, and contribute to the ... Read more
Bitwise Invest, a leading asset manager, has applied to an XRP exchange-traded fund (ETF). The filing was made on Sept. 30, 2024, via CSC Delaware Trust Company, which is entrusted to represent their interests in the application process. The strategic move is part of the firm’s broader strategy to expose ... Read more
Dogecoin, the pioneer meme coin, is on the brink of major growth, citing historical trends. DOGE underwent a significant parabolic surge whenever it broke above the white line and closes the week above it. This breakout confirmation occurred last weekend, suggesting that the upward trend could start as early as ... Read more
Binance-based BNB coin’s remarkable display of consistency has sparked hopes of a bullish breakout. Technically speaking, the token remains firm within the upward trend, trading between ascending support and resistance levels. Analysts suggest that BNB could be on the cusp of a new bullish cycle, with the coin possibly reaching ... Read more
As bankrupt crypto exchange FTX gears up for its $16 billion payout in Q4 2024, rumors are mounting that its distribution date could be as early as October 1, 2024. The upcoming release of these funds could significantly impact the crypto market. However, Sunil, an FTX creditor champion, clarified that ... Read more
