XRP has been reinstated to the TaiFu™ 30 Crypto Index, with a weighted share of 2.756%. This follows a crucial legal ruling in July, dispelling the SEC’s claim of XRP being a security, and leading to its re-listing on major exchanges. The SEC lawsuit in December 2020 had a cataclysmic effect on XRP, leading to […]
The U.S. dollar has surged to its highest point in ten months against a range of major currencies, driven by the Federal Reserve’s unwavering commitment to raising interest rates and maintaining them at elevated levels, as well as the steady rise in benchmark 10-year Treasury yields. This surge has caused the euro to approach a […]
Grayscale Investment is set to convert its Grayscale Ethereum Trust to a spot Ethereum spot ETF, following the clearance of the first Ethereum ETH futures exchange-traded fund (ETF). The New York Stock Exchange Arca filed for the conversion with the United States Securities and Exchange Commission (SEC) on Oct. 2. The existing Trust invested in […]
UBS Asset Management has launched a live pilot of a tokenized version of its Variable Capital Company (VCC) fund as part of Project Guardian, an initiative led by Singapore’s central bank. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to improve on-chain liquidity for both borrowers and fintech lenders.Proof-of-work […]
As the first week of October begins, the cryptocurrency world is abuzz with events that could have a major impact on the markets. On Monday, October 2, Federal Reserve Chair Jerome Powell and Philadelphia Fed President Patrick Harker will have a round-table discussion that could affect the crypto markets. Later in the week, the high-profile […]
Coinbase has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its payment services in the country. This license will enable the exchange to provide digital token services to Singaporean individuals and institutions. Coinbase has also expressed its readiness to support Singapore’s local crypto and web3 […]
Cardano (ADA) price is currently trading above $0.260, after finding support near the $0.235 zone. The token has broken above a key bearish trendline with resistance near $0.2560 on the daily chart. The Relative Strength Index (RSI) is also rising and approaching the 70 level with no major sign of overbought conditions.Immediate resistance is near […]
The LFi One smartphone, produced by LYOTECH LABS and powered by LFi, is a revolutionary device that offers users a gateway to financial freedom. It features cutting-edge hardware and powerful software, as well as state-of-the-art encryption and protocols to protect personal information and LFi tokens. The device underwent rigorous testing to ensure peak performance, durability, […]
The recently revealed email from Satoshi Nakamoto to Wei Dai sheds new light on the birth of Bitcoin, the world’s first cryptocurrency. The email, dated August 22, 2008, reveals the admiration Satoshi had for Dai’s work in the field of digital currencies and his intention to release a comprehensive paper expanding upon Dai’s ideas. This […]
Solana, Ethereum’s Layer-1 competitor, has seen a strong price rally over the last weekend, becoming the seventh largest cryptocurrency by market cap. At press time, SOL is trading 14.95% up at $24.46 with a market cap of $10.1 billion. With this, Solana has extended its 2023 gains to more than 95%.The price of SOL experienced […]
