Tag: Crypto

  • XRP Faces Potential Correction Amidst Bullish Prospects

    XRP Faces Potential Correction Amidst Bullish Prospects

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    Issac Lane

    XRP Price Analysis: Will the Market See Another Drop? XRP has experienced a pullback following its recent rally, with signs suggesting the price may be topping out. The cryptocurrency recently dropped 4% in value, trading as low as $3.02 on January 29. Market indicators now suggest the possibility of a further decline, even as a…

  • Crypto Mobile Wallets Hit 36 Million as Retail Adoption Surges

    Crypto Mobile Wallets Hit 36 Million as Retail Adoption Surges

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    Issac Lane

    The number of active cryptocurrency mobile wallet users has reached an all-time high, reflecting a growing shift from passive ownership to active engagement in the crypto space. Record-Breaking Growth in Mobile Wallets Mobile cryptocurrency wallets hit a new milestone, surpassing 36 million users in the fourth quarter of 2024, according to Coinbase’s latest crypto market…

  • $16 million is invested by Changpeng Zhao in the Sign Project.

    $16 million is invested by Changpeng Zhao in the Sign Project.

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    V Sinclair

    YZi Labs, the investment firm founded by Binance‘s Changpeng Zhao, has announced a significant $16 million investment in the altcoin project Sign. This venture, which focuses on providing on-chain token distribution services, also garnered backing from notable firms like Altos Ventures, HackVC, and Amber Ventures. This latest funding initiative marks a meaningful expansion of YZi Labs’ portfolio, increasing…

  • XRP Price Surges 12% Amid Ripple’s Regulatory Milestones

    XRP Price Surges 12% Amid Ripple’s Regulatory Milestones

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    Issac Lane

    XRP has experienced a remarkable 12% surge over the last 24 hours, trading at $3.11 as of January 28. This bullish momentum follows Ripple’s successful acquisition of Money Transmitter Licenses (MTLs) in New York and Texas, alongside other favourable market dynamics. The cryptocurrency rebounded from a low of $2.66 on January 27, peaking at $3.21…

  • Cardano (ADA) Price Surges as Market Sentiment Improves

    Cardano (ADA) Price Surges as Market Sentiment Improves

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    Issac Lane

    Cardano’s (ADA) price has experienced a notable rebound, rising 12.5% from its January 28 low of $0.857. At the time of writing, ADA is trading at $0.956, marking a 7% increase over the past 24 hours. This rally aligns with broader gains in the cryptocurrency market and renewed optimism surrounding Cardano’s developments. Broader Market Rally…

  • According to a poll, retail CBDCs do not adequately meet the needs of actual customers.

    According to a poll, retail CBDCs do not adequately meet the needs of actual customers.

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    V Sinclair

    Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle…

  • The top-ranked app in the Apple App Store is DeepSeek.

    The top-ranked app in the Apple App Store is DeepSeek.

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    V Sinclair

    DeepSeek recently surged to the number one position on the Apple app store. While the company’s large language models or LLMs appear comparable to market leaders like OpenAI and Meta, its claims of costing a fraction to train and develop the competitive AI models is shaking not just the US tech stocks, but also the…

  • Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1

    Analysts Discuss Dogecoin’s Possible Rise as It Aims toward $1

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    V Sinclair

    Over the past year, Dogecoin (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future? Dogecoin’s Price History Points to…

  • Trump’s Executive Order: A Game-Changer for Institutional Crypto Adoption

    Trump’s Executive Order: A Game-Changer for Institutional Crypto Adoption

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    Issac Lane

    US President Donald Trump has signed an executive order prohibiting the creation and use of central bank digital currencies (CBDCs) in the United States. The decision, announced on 23 January, is expected to reshape the landscape of cryptocurrency regulation and adoption in the country, positioning the private crypto market as a key player in the…

  • Ex-Visa CFO Joins Blockchain Firm as Trump Pushes Crypto-Friendly Agenda

    Ex-Visa CFO Joins Blockchain Firm as Trump Pushes Crypto-Friendly Agenda

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    Oscar

    The blockchain industry continues to gain momentum as former Visa CFO Vasant Prabhu joins the board of Fireblocks, a digital asset platform. This development aligns with President Donald Trump’s crypto-friendly stance, highlighted by recent appointments and policy shifts aiming to boost trust and credibility in the sector. Prabhu Brings Traditional Finance Expertise Vasant Prabhu, who…