Author: News Room
Buyers are trying to be back in the game, according to CoinStats. XRP/USD The rate of XRP has increased by 2.2% since yesterday. On the hourly chart, the price of XRP is bearish as it is falling after a test of the local resistance level of $0.5923. If the situation does not change by the end of the day, traders are likely to witness a test of the support of $0.5857 soon. On the bigger time frame, the picture remains unclear as the rate is far from the key levels. In this case, any sharp moves are unlikely to happen…
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund. Cardano Removed From Grayscale’s Large Cap Fund Grayscale Investments, the world’s largest crypto asset manager, announced Thursday that […] Read the full article here
Bitcoin’s price recovery continues as the asset jumped to over $69,000 and came close to challenging $70,000 hours ago. This price fluctuation comes amid increased activity from large BTC investors, according to on-chain data. The first whale move was observed by several on-chain data providers, such as Lookonchain and Whale Alert. The resources informed that a Bitcoin investor who had accumulated a notable stash of nearly 4,300 BTC a decade ago at an average price of less than $30 had decided to move a small portion. Interestingly, this was the anonymous whale’s first Bitcoin transfer (at least for this wallet)…
Bitcoin Cash underwent its halving just a few weeks before Bitcoin’s quadrennial event. The halving for Bitcoin Cash (BCH) happened Thursday, reducing block rewards to 3.125 BCH. Unlike bitcoin, this is only the second such event for the forked network. The last halving took place in early April 2020, with block rewards falling to 6.25 BCH. BCH spiked to prices not seen since 2021 following its halving event, hitting a high of around $700 in early Friday hours before it settled around $660. The jump marks a 10% increase over the past seven days. The price action is nowhere near…
Solana cofounder Anatoly Yakovenko has broken the silence on the recent challenges the protocol has faced with the processing failure of large transactions. Taking to his official X handle, the Solana founder said though the bug that slowed down the network has been identified and fixed, other key updates might not be so easy to accomplish. Crucial Solana upgrade bottleneck According to his post, Yakovenko noted that dealing with bugs is more difficult than keeping the network lively and actively operational. He said the fix for the bug that forced a slowdown can easily be integrated. However, he noted that…
Solana (SOL) is going through delicate times facing network issues, congestion bugs, transaction failures, and rug pulls within its DeFi ecosystem. In this context, Finbold has selected three Solana tokens to avoid this month, while facing uncertainty. It is notable how the Solana ecosystem has gained the spotlight in 2024 amid growth and increased market interest. The network’s native token, SOL, climbed market cap ranks and now positions itself among the five most valuable cryptocurrencies. Previously, we published a list of the three best Solana tokens to invest in, highlighting solid projects of the ecosystem. However, investors turned excessively greedy…
Introduction As we approach the conclusion of the third epoch, the countdown to the next Bitcoin halving is firmly underway. The halving (also known as the “Halvening”) is one of the most important and innovative features of Bitcoin. Every 10 minutes, the Bitcoin network issues new bitcoin and approximately every four years (every 210,000 blocks, to be precise) the amount issued (the “block subsidy”) is cut in half. The block subsidy is the reward miners receive for validating and recording new transactions on the blockchain. The halving of the block subsidy is a critical factor in bitcoin’s eventual capped supply…
Fantom will release its canonical stablecoin USDC.e with the support of Circle and Wormhole, which will bring potential benefits to users and developers. In an April 4 announcement on X, the Fantom Foundation stated that the USDC.e stablecoin will be rolled out on April 5 with support from stablecoin giant Circle and Wormhole. The asset is linked to USDC located in an Ethereum smart contract and will become the official stablecoin of the Fantom ecosystem in current and future upgrades. According to the post, a future agreement between Circle and Fantom will see all USDC.e tokens transition to USDC without…
Polygon Price: The recent market correction took a notable toll on the layer 2 scalability platform, Polygon (Matic). From the mid-March peak of $1.29, the coin price plunged with a V-top reversal and lost 30% in value to reach $0.89. A look at the daily chart shows this correction as the formation of an inverted head and shoulder pattern signaling the potential for further downfall. Read the full article here
Rich Dad Poor Dad author Robert Kiyosaki has shared what he will do if the price of bitcoin crashes to $200 as predicted by economist Harry Dent. “Harry Dent is predicting the biggest ‘everything’ crash is coming,” the famous author said, emphasizing: “I am a hard, real money advocate, and I only save real gold, […] Read the full article here