Decentralized finance is at the heart of the financial future. The open-source system holds the tremendous promise of an economic system for everyone, allowing everyone to access and use financial services without the control of a powerful third party. However, DeFi is still in its infant stages…
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Ripple gets more time to review SEC document redactions. Pundits expect a Ripple triumph. Gary Gensler’s SEC is yet to develop a working relationship with the crypto industry through clear regulations. Again, the back and forth in the legal battle between the SEC and Ripple continues. Ripple…
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Key Takeaways Bitcoin mining difficulty reaches a new all-time high. The climb is coming after two successive drops and a hashrate increase. Bitcoin miners continue to focus on expansion plans. Bitcoin mining difficulty has surpassed its previous all-time high reached last month. According to data from BTC.com,…
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XRP price trades lower with the previous sideways movement. Investors remain cautious of making aggressive bids as the asset trades near the inflection point. XRP price continues to trade with a negative bias. Expect more downside below the 200-day EMA at $0.85. A downside breakout of the…
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After tapping a weekly high of $48,000 on Monday, the bitcoin price erased the gains and dropped to as low as $44,250 on Thursday night after a 5.1% retracement.
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The Ripple(XRP) rally experienced an occasional correction from $0.88 resistance, resulting in an 8.5% decline. However, the coin price rebounded from the upcoming support trendline, bolstering a cup and handle pattern formation. Can buyers breach the $0.88 resistance under the influence of the cup and handle pattern?…
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The U.S. Securities and Exchange Commission (SEC) issued guidelines for the crypto trading platforms. The advisory asked platforms to reflect digital assets they hold for users on their balance sheets at fair value. John Deaton, Lawyer for XRP holders in the Ripple Vs SEC lawsuit, predicted that…
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Kevin, CEO of BitKeep, tweeted on March 25 that BitKeep had become the wallet sponsor of Bitcoin 2022, Miami. Also, the founder of BitKeep will bring the BitKeep team to the Miami Beach Convention Center, presenting BitKeep’s latest V7.0 to visitors and the Bitcoin community. They will…
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The total trading volume for Solana-based non-fungible tokens has reached $1.5 billion. Solana Surpasses $1.5 Billion Worth of NFT Transactions Solana hit the new milestone just months after surpassing $1 billion for the first time. NFTs issued on Solana generated over two million transactions with 314,910 buyers…
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Ripple continues on a weak uptrend where the bulls seem unable to win the battle convincingly. Initially, they were able to push up the price by about 8% on Tuesday, but then the bears ramped up the selling pressure. The Daily Chart: Technical Analysis By Grizzly Like many…
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