Month: December 2024

On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm’s inaugural stablecoin, RLUSD. Ripple Set To Enter Stablecoin Market  With the release of RLUSD, Ripple hopes to provide a reliable option for clients interested in...

XRP (CRYPTO: XRP) rallied sharply on Tuesday, becoming the biggest gainer among the top 10 cryptocurrencies by market capitalization. What Happened: The payments-focused coin lifted over 9% over the last 24 hours to $2.30, erasing afternoon losses that saw it dip to $1.92. The coin’s trading volume soared 22% to...

Justin Sun, the founder of the TRON (CRYPTO: TRX) blockchain, threw a jibe on Tuesday at Microsoft’s decision not to consider adding Bitcoin (CRYPTO: BTC) to its reserves, saying that it was motivated due to the leading cryptocurrency’s price not being “high enough.” What happened: Sun took to X to...

Data shows social media users have reacted to the latest dip in the prices of Bitcoin and other cryptocurrencies by calling to buy. Bitcoin Dip Worth Buying According To Crowd On Social Media In a new post on X, the on-chain analytics firm Santiment has talked about the sentiment...

Leading cryptocurrencies and stocks slumped for a second straight day on Tuesday as investors awaited the release of a key inflation report. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.87% $96,200.49 Ethereum (CRYPTO: ETH)                -4.59% $3,601.65 Dogecoin (CRYPTO: DOGE)           -3.92% $0.3943 What Happened: Bitcoin...

The Dogecoin price has witnessed a notable decline amidst this wider bloodbath, as it is currently down by 8% in 24 hours. Nonetheless, Dogecoin continues to attract bullish sentiment despite the market crash. Cryptocurrency prices have declined massively in the past 24 hours, with the global crypto market cap...

The price of Magic Eden’s freshly airdropped ME token dipped as low as 67% from its post-launch high amid a flurry of complaints from users....

Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000....

Eric Trump, son of President-elect Donald Trump, has committed to making his father’s administration the most crypto-friendly in U.S. history. This announcement was made during his keynote speech at the Bitcoin MENA conference held in the United Arab Emirates on Tuesday. What Happened: Eric Trump said that the U.S. will lead the...

The Royal Government of Bhutan is still making strategic use of its Bitcoin assets. On December 10 the government dispatched 502 Bitcoin, or around $49.42 million, to two platforms, Binance and QCP Capital. Blockchain tracking service Arkham Intelligence says that this is the most current of a scheduled sell-off...