Recently, XRP has been hovering around the $0.52 mark, but experts have differing opinions on its future trajectory. While some analysts believe that XRP has the potential to rise to $0.70 this summer, others are more cautious and predict a possible drop to $0.27. This conflicting outlook has left investors wondering which direction the digital
Recently, there has been a surge in fraudulent activities within the cryptocurrency space, with the most recent incident involving an early investor in the Solana-based meme coin known as ANDY. This exploitation has not only resulted in financial losses for investors but has also raised concerns about the security and trustworthiness of such projects. The
The Bitcoin price has hit a standstill at the $71,000 mark, leaving investors in a state of indecision. This stagnation often precedes a significant movement in the market, but predicting the direction of this movement is no easy task. Crypto analyst Alan Santana has taken a closer look at the Bitcoin chart to try and
The creditors of the bankrupt cryptocurrency exchange FTX have recently filed an objection to the proposed reorganization plan put forth by the platform. This objection, submitted in the U.S. Bankruptcy Court for the District of Delaware, raises several critical issues with the plan that they believe do not align with the requirements set forth in
Semler Scientific, a California-based med-tech company, recently made headlines with its decision to purchase an additional 247 BTC for $17 million in cash. This brings the company’s total Bitcoin holdings to 828 BTC, acquired for a total of $57 million. In a bold move, Semler also announced its intention to raise $150 million to further
The founder of LookIntoBitcoin, Philip Swift, recently brought attention to the significant increase in global liquidity, marking a new all-time high (ATH). According to Swift, this surge in global liquidity is a crucial indicator of Bitcoin’s potential to rise in the current bull run. The global liquidity has now reached $94 trillion, inching closer to
McDonald’s Singapore has taken a bold step into the metaverse with the introduction of its new digital environment called “My Happy Place.” This innovative initiative, created in partnership with Bandwagon Labs, is accessible through the official McDonald’s app. The platform offers users a seamless blend of virtual and real-world experiences, providing special benefits for the
The recent surge in Bitcoin prices, reaching the $70,000 mark, has captured the attention of investors worldwide. This price rally has led to a positive outlook among long-term holders, who have now seen their investments enter the profit zone. In particular, US-based investors have shown a positive sentiment, as evidenced by the rise of the
Ethereum’s price recently experienced a downside correction from the $3,885 resistance zone, leading the cryptocurrency to fall below $3,800. This correction came after Ethereum failed to surpass the $3,880 resistance level, signaling a bearish trend in the market. The price is currently trading below $3,840 and the 100-hourly Simple Moving Average, indicating further potential for
The concept of the metaverse is no longer a distant idea but a reality that is reshaping the way we engage with the digital world. The creation of a metaverse app involves a mix of creativity, technical skills, and an in-depth understanding of the digital realm. This guide aims to provide a comprehensive walkthrough on
Kraken, a well-established cryptocurrency exchange in the United States, is reportedly preparing for a significant funding round ahead of a potential initial public offering next year. According to sources familiar with the matter, the exchange is looking to raise $100 million in a pre-IPO round to fuel its expansion efforts. If successful, Kraken would join
DTCC Digital Assets global head and managing director Nadine Chakar recently testified before the House Financial Services Subcommittee on Digital Assets, advocating for the benefits of tokenization in the US financial markets. Chakar emphasized the transformative potential of tokenizing real-world assets and discussed DTCC’s role in modernizing the financial industry through digital securities and tokenization
Robert Kiyosaki, the well-known financial guru and author of the best-selling book Rich Dad Poor Dad, has recently made a bold prediction regarding the price of Bitcoin. In a tweet, Kiyosaki expressed his confidence that the price of Bitcoin will reach a staggering $350,000 by August 25. While he acknowledged that his prediction may seem
In a bold and strategic move, Robinhood has recently announced its plans to acquire the global cryptocurrency exchange Bitstamp for a hefty sum of approximately $200 million in cash. This acquisition is aimed at expanding Robinhood’s global footprint, particularly in regions such as Luxembourg, the UK, Slovenia, Singapore, and the US. With Bitstamp holding over