According to a new Matrixport Research report, Bitcoin could dip to the support level of $36,739, but its price would rebound if overall liquidity and the macro environment remain supportive. Bitcoin has endured a tough week, plunging below $40,000 for the first time since December. Things recently became worse for the top asset as it…
XRP emerged among the most used crypto assets for payment transactions on BitPay in 2023, recording a 42% volume increase. BitPay, a leading crypto payment facilitator, has released a report highlighting the substantial volume of global merchant payments processed via cryptocurrencies like XRP throughout 2023. In the report, BitPay noted that in 2023, more than…
Three market analysts anticipate that XRP may reach the $10 threshold soon, with two citing a breakout from a triangle formation as a contributing factor. XRP, being one of the victims of the ongoing market correction, has faced a price relegation to the $0.51 price level. The asset is down 16.4% this year despite breaching…
Following the delisting of XRP from the NYDFS’ greenlist, prominent legal expert James Murphy filed a FOIA request with the New York regulator to ascertain the rationale behind the decision. According to Murphy, he filed the FOIA (Freedom of Information Act) request to understand why the regulator delisted XRP from its greenlist two months after…
While the price of Shiba Inu has struggled to impress in recent times, the most popular predictions predict that cryptocurrency will reach new highs in the coming years. One of the most widely owned cryptocurrencies, Shiba Inu, ranks within the top cryptocurrencies by market capitalization, outperforming coins launched way before it. However, the grueling 2022…
David Schwartz, the Ripple CTO, recently explained how liquidity pools work, leveraging an illustration with XRP price movements amid the upcoming XRPL AMM. Liquidity pools are a mechanism that boosts the availability of funds in a market by securing two assets within a smart contract. The upcoming XRPL AMM feature on the XRP Ledger will…
Every year, new trends emerge that directly influence how businesses operate, develop products, and connect with their customers. For companies in the rapidly-growing blockchain and web3 industry, it’s particularly crucial to stay up to date with the latest PR (Public Relations) trends affecting your organization. After all, PR strategies aren’t just essential for elevating and…
The crypto market is currently experiencing a significant shift, primarily driven by Bitcoin’s recent bounce after a 7% loss. This upward movement in Bitcoin has positively impacted altcoins, freeing them from previous constraints and injecting a more optimistic outlook into the market. However, there’s a lingering question about the sustainability of this trend. Bitcoin’s recovery…
Shiba Inu (SHIB) started this year on a bearish note, and Artificial Intelligence (AI) algorithms have teased whether or not it will end January on a bullish note. Shiba Inu entered 2024 with a price of $0.00001036 after picking a relatively positive surge toward the tail end of last year. However, the outlook for the…
The latest quarterly report of Elon Musk’s automobile firm, Tesla, reveals it neither sold nor purchased any Bitcoin during the final quarter of the previous year. Tesla, the electric vehicle giant led by Elon Musk, has published its 2023 fourth-quarter earnings report with no mention of Bitcoin-related transactions. Notably, the absence of any Bitcoin-related activity…