Tag: News

Ripple Rumored To Consider Dirham-Backed Stablecoin In UAE

Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple’s newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.” The post hints at...
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Bitcoin, Ethereum, Dogecoin Close The Week Trading Sideways

Cryptocurrency markets are trading mostly sideways to close out the week. Cryptocurrency Price     Gains +/- Bitcoin (CRYPTO: BTC)  $76,596.76 -0.1% Ethereum (CRYPTO: ETH)  $2,941.75 +1.8% Solana (CRYPTO: SOL)  $198.79 +0.9% Dogecoin (CRYPTO: DOGE)  $0.1959 +1.8% Shiba Inu (CRYPTO: SHIB)  $0.00001878 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume...
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Ethereum Up 17% On The Week: What Is Going On?

Crypto analysts are seeing signals that Ethereum (CRYPTO: ETH) may soon rally against Bitcoin (CRYPTO: BTC), potentially reversing recent underperformance. What Happened: According to Lookonchain, a major Ethereum whale with holdings of 398,891 ETH ($1.14 billion) recently sold 29,897 ETH at $2,839 for a profit of $84.7 million (810x...
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