Ripple is set to gain approval from the New York Department of Financial Services (NYDFS) to launch its RLUSD stablecoin, marking a significant entry into the U.S. cryptocurrency Market. The anticipated launch is scheduled for December 4. This approval positions Ripple as a key player in New York’s regulated digital finance sector and the wider ...
As Bitcoin approaches the notable $100,000 mark, altcoins such as Solana (SOL), Dogecoin (DOGE), and Render (RENDER) are experiencing strong upward momentum. Solana recently achieved a new all-time high, reflecting a 38% increase over the past month. Dogecoin, with a Market cap of $60 billion, has seen a remarkable 148.64% rise as it remains closely ...
As Bitcoin approaches the significant $100,000 mark, several altcoins are gaining impressive momentum. Solana has reached a new all-time high and shows a 38% increase over the past month, benefiting from Bitcoin’s rise. Dogecoin, dominating the meme coin space with a Market cap of $60 billion, has surged 148.64% recently, largely due to its strong ...
Crypto entrepreneur Justin Sun made headlines by purchasing Maurizio Cattelan’s famous artwork, “Comedian,” for $6.2 million at a Sotheby’s auction. This artwork consists of a banana duct-taped to a wall. In a surprising move, Sun immediately ate the banana after winning it, marking the third time someone has done so. During a press conference in ...
This week, Bitcoin saw a 7% drop but bounced back to around $97,000. On-chain data indicates a revival in institutional interest, with many investors buying the dip. A report suggests Bitcoin is still undervalued and could rally to $146,000. Support comes from Morocco legalizing cryptocurrencies and major companies like MicroStrategy and Marathon Digital increasing their ...
Mike Zaccardi is a freelance financial writer who specializes in investments, markets, and personal finance. He crafts engaging content for various platforms, including articles, blogs, and social media, aimed at financial advisors and investment firms. With a strong focus on thematic investing and Market trends, he translates complex financial concepts into relatable narratives for everyday ...
In Indonesia, the cryptocurrency Market has reached a significant milestone, with total transactions hitting IDR 475.13 trillion from January to October 2024. The number of registered crypto customers has surged to 21.63 million, with 716,000 actively trading. This growth indicates a rising interest among Indonesians in crypto trading. The Head of CoFTRA, Kasan, attributes this ...
Despite recent geopolitical tensions impacting Bitcoin’s price, history shows it tends to recover quickly. Events like the ongoing Israel-Gaza war and Russia’s involvement in Ukraine have led to short-term price dips, such as an 8.4% drop after an Iran-Israel attack in April 2024. However, experts believe Bitcoin often bounces back within 50 days and may ...
Bitcoin has seen a surge in price, recently hovering around $90,000 and nearing the significant $100,000 mark after an increase linked to the recent presidential election. Experts attribute this rise partly to anticipated friendlier regulations under Donald Trump’s administration, as well as concerns about inflation. Bitcoin is regarded as the most prominent cryptocurrency, operating independently ...
Bitcoin is experiencing significant growth in November, posting a remarkable 38% increase following Donald Trump’s election win. This surge brings Bitcoin close to the intriguing $100,000 mark. The rally is attributed to renewed investor confidence in the cryptocurrency Market, especially as Trump promises to bring clearer regulations and support for digital assets during his presidency. ...
