Crypto | Finance
By C QueenNov 24, 2024 In a stunning turn of events, Elon Musk is rumored to be gearing up for a monumental $104 billion investment in XRP, the native cryptocurrency of Ripple. This potential partnership could revolutionize the financial landscape, positioning XRP as the cornerstone of Musk’s ambitious “Everything App,” X. If these rumors hold…
In a groundbreaking move, Brazilian lawmaker Eros Biondini has introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion. This initiative represents approximately 5% of Brazil’s international reserves as of September, marking a significant step in diversifying the country’s financial assets and embracing the…
The cryptocurrency landscape is currently abuzz with speculation and excitement as Toncoin (TON) grapples with its $10 resistance level while JetBolt (JBOLT) gains remarkable traction through its presale success. Despite the recent 3.67% uptick in Toncoin’s value, the market is riddled with uncertainty following the arrest of Telegram CEO Pavel Durov. On the other hand,…
Dogecoin (DOGE) has been in the spotlight recently as it approaches significant resistance levels around $0.4500. Increased whale activity and a bullish altcoin market suggest that DOGE could surge to $1 in the short term and potentially reach $3 in the long term. This anticipated rise is backed by notable analyst predictions and technical indicators….
VeChain’s decentralized application veDelegate has reached a significant milestone in its journey towards smarter governance. On November 24, veDelegate announced that it had secured enough endorsement votes to participate in the upcoming governance round, a development that has sparked both excitement and skepticism among VeChain users. A Major Milestone for veDelegate In a post on…
Introduction In recent weeks, Polkadot (DOT) and Kusama (KSM) have experienced remarkable price surges, capturing the attention of the cryptocurrency community. Polkadot climbed above $8, marking a 138% increase from its yearly low, while Kusama surged to $45 from a low of $16.43 earlier this year. This article delves into the factors behind these impressive…
Starting this December, Bitcoin holders will have a new opportunity to stake their BTC on Babylon, a Bitcoin layer-2 network, via the Sui blockchain. This innovative initiative, disclosed by Sui and Babylon Labs on November 25, aims to significantly enhance the decentralized finance (DeFi) ecosystem by introducing liquid Bitcoin staking on the Sui network. Bitcoin…
Ripple’s XRP is making headlines once again as WisdomTree, a renowned New York-based asset management firm, filed for an XRP exchange-traded fund (ETF) in Delaware on November 25. This filing comes at a time when XRP is experiencing a significant price surge, reaching levels last seen in 2021. This development signals a potential shift in…
The Pi Network coin, once riding high, has recently faced a significant pullback. However, as the crypto industry catches its breath and Bitcoin nears the $100k milestone, there is renewed optimism that altcoins like Pi could rebound strongly. With several key developments on the horizon, many investors are wondering: will Pi Network hit the $100…
The cryptocurrency market is abuzz with speculation about Solana’s (SOL) next big move. After reaching an all-time high (ATH) of $260 last week, analysts are now wondering if SOL can hit the ambitious $400 mark. This speculation is further fueled by the potential approval of Solana spot ETFs and a wave of bullish sentiment following…