The native cryptocurrencies of Ripple, Cardano, Solana, and The Open Network rallied by double digits as expectations of a favorable crypto environment rose. The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with...
Why Peter Schiff Is Wrong About Bitcoin and Inflation (Opinion)
Euro Pac's Peter Schiff asserted Wednesday that inflows to BTC and cryptocurrency will cause inflation. But the truth is BTC economies incentivize holding and decrease the velocity of money. The world’s leading cryptographic currency is trading over 40% higher than its average price on the eve of the November 5th...
Ethereum Killers Are Rallying: Is Ether (ETH) $4K Still in the Cards?
Riding both Bitcoin and Donald Trump’s coattails, several Ethereum competitors are shining bright in November. Is Ether still a good investment in cryptocurrency? Several base-layer blockchain cryptocurrencies that compete with Ethereum—because they are optimized for smart contracts and open-source currency issuance—rallied further up their price charts than ETH during the...
XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch)
XLM is by far the top performer from the larger-cap alts. Bitcoin’s inability to overcome the coveted $100,000 milestone on Friday and Saturday has resulted in a minor price decline to around $98,000 as of now. Several altcoins, such as XRP and DOGE, have plummeted as well in the past...
Weekly ETF Recap: All Green Days for Bitcoin, But Not for Ethereum
The week marked a significant difference between investors' views of BTC and ETH. The US-based spot Bitcoin ETFs enjoyed a highly positive week, with every trading day ending with net inflows of millions and even billions of dollars. In stark contrast, the Ethereum counterparties ended the same five-day trading period...
Altcoin Season Now? Bitcoin Dominance Plummets 3.65% Weekly
Bitcoin blew up the price chart after the US elections, but altcoins pulled ahead this week. Here’s how Web3 is making the Internet usable again. Bitcoin’s price was still up by 9% compared to its valuation a week ago. But that’s a far cry from its green 17% weekly candle...
Ripple Price Analysis: Can XRP Skyrocket to $2 by the Year’s End?
Ripple’s recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year’s end growing. XRP Analysis By Shayan The Weekly Chart...
RWA Inc Announces $RWA Token Launch Across Major Exchanges on November 25, 2024
[PRESS RELEASE – Road Town, British Virgin Island, November 23rd, 2024] On November 25, 2024, RWA Inc is set to launch its utility token $RWA on KuCoin, Gate.io, and MEXC, bringing years of hard work to fruition. Since its founding, RWA Inc has aimed to redefine how investors and businesses...
SEC Approves $4.6M Payment to Investors Affected by BitClave’s Crypto ICO
Nearly 9,500 investors were involved in BitClave's ICO, raising $25M before legal troubles halted its ambitions. The U.S. Securities and Exchange Commission (SEC) has confirmed the distribution of over $4.6 million to investors impacted by the unregistered initial coin offering (ICO) of blockchain startup BitClave. The funds will be paid...
Charles Schwab to Launch Spot Crypto ETFs if Regulations Change
The move reflects the increasing pressure on traditional financial firms to adapt, especially given the current pro-crypto political climate. Asset manager Charles Schwab could enter the crypto exchange-traded fund (ETF) market following comments made by incoming CEO Rick Wurster. Wurster told Bloomberg that the company would offer spot digital currency...