President Javier Milei recently advocated for maintaining a separation between cryptocurrency and state control. Speaking at “Meta Day Argentina,” an event held at the Palacio Libertad Domingo Faustino Sarmiento, Milei criticized central bank digital currencies (CBDCs) and advocated for the private management of cryptocurrencies, warning against government overreach. Opposition to...
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Cardano (ADA), Ripple (XRP) Defy Market Sentiment With Double-Digit Price Surges: Details
Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%. Two of the top ten largest...
Goldman Sachs Discloses Major Bitcoin Position of $710M Through ETFs
Wall Street giant Goldman Sachs, once lukewarm on crypto, has surprised the financial world with its newfound commitment to Bitcoin after disclosing an impressive $710 million in BTC holdings through several exchange-traded funds. The substantial position reflects a significant increase in the banking firm’s exposure to cryptocurrency, which could be...
What’s Going On? Ripple Whales Holding Over 1M XRP at 6-Year High
The cryptocurrency market has been on the move in the past week, and even though XRP was a little sluggish at first, it managed to catch up and register some impressive gains lately. At the time, it seems as if Ripple whales are preparing for an even bigger price surge,...
Crypto Price Analysis November-15: XRP, ADA, DOGE, SHIB, and SUI
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days. This performance allowed it to break all key resistance levels until $0.92, which is still standing...
Top Ripple Price Predictions: ‘Massive Rally’ Incoming as XRP Taps $0.8?
TL;DR XRP rose above $0.80, driven by expectations of regulatory changes at the helm of the US SEC. While analysts predict further gains for the asset, the RSI index suggests a short-term correction could be on the horizon. Turning Into a Top Performer Despite its retreat in the past 24...
Prosper Enters into Long-Term Agreement with BITMAIN to Provide Bitcoin Miner Hosting Services
[PRESS RELEASE – George Town, Cayman Islands, November 15th, 2024] Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of...
Gary Gensler Remains Steadfast on Crypto Enforcement Despite Looming Ouster
Gensler, who is potentially weeks away from being replaced as the head of the SEC by President-elect Donald Trump, has remained defiant and true to his stance on crypto and enforcement. In a speech in New York on Nov. 14, Gensler said that “not every [crypto] asset is a security.”...
Will Crypto Markets Bounce Back When $3.4B Bitcoin Options Expire Today?
Around 38,500 Bitcoin options contracts will expire on Friday, Nov. 15, and they have a notional value of around $3.4 billion. Today’s options expiry is pretty similar in magnitude to last week’s, as markets have remained buoyant for most of the week. However, analysts have cautioned that a correction is...
UK to Introduce Legislation on Stablecoins, Crypto Staking: Report
The British government plans to introduce legislation to regulate stablecoins and crypto staking. This move comes as President-elect Donald Trump lays out his plans to make the United States a global crypto hub, creating fresh competition for the UK to retain and attract digital asset businesses. Stablecoin and Staking Legislation...