Ripple’s XRP token faces significant resistance at $0.60. In the charts for the week, the asset has fallen by 0.8% and in those of the 14 days it is down 3.8%. XRP, however, has appreciated by 2.9% over the past month and by 9.7% on a daily basis. Moreover, XRP’s price has risen by over 60% since March 2023. Source: CoinGecko Also Read: Ripple: Could XRP Be Headed for $1 After the Bitcoin Halving? XRP’s recovery has been slow despite a recent market rally. The asset’s lackluster performance is likely due to Ripple’s ongoing lawsuit with the US SEC (Securities…
Author: Gavin
Nayib Bukele, El Salvador’s President-elect for 2024, announced a bold move that resonated throughout the Bitcoin community: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storageThis is a strategic decision that marks a pivotal moment in El Salvador’s Bitcoin journey since the introduction of the new law. El Salvador has reached a critical point in its Bitcoin journey with the adoption of the Bitcoin Law. The law, however controversial it may be around the world, attracted both admiration as well as skepticism.El Salvador, despite a cacophony criticisms ranging between allegations of human right…
Dencun launched on March 16 and the daily volume of Base transactions soared to 2,000,000. Dune Data reports that on 13 March, after Dencun was updated, the number of daily transactions within the Base network increased by fivefold. Dune The number of transactions performed by Base users has increased dramatically since the March 16 update. New users have also risen significantly. The Base network saw 666,866 addresses added on March 16. This is a 3200% rise compared to the previous average. Base users on average have seen their transaction fees fall by 60%. It is however true that this also…
On March 18, 2024, at 11:25 am GST updated: On March 18, 2024, at 11:08 A.M. Two minutes read Crypto Live News VeChain promotes sustainability with partnerships such as My StoryTM, a partnership between DNV and VeChain. Novak’s Phygital combines the digital and physical worlds in order to increase engagement. VeChain is tackling the problem of water pollution by using its ReSea Program, which promotes sustainability. VeChain’s community and VeChain itself highlight sustainability initiatives, showing real-world impacts through innovative partnerships. The digital passports for products and the waterway cleanup project are some of VeChain’s initiatives. VeChain’s diverse use cases Demonstrate…
Standard Chartered predicted in a new forecast that Bitcoin (BTC) The bank has increased its projection from the previous $100,000 mark that was at the end of last year. The bank’s projection has been increased from the $100,000 level at the end last year. The bank also made positive projections about a year from now if the Spot Bitcoin ETF continues to attract strong inflows. According to the bank, BTC will likely reach $200 000 in 2025. The bank noted that BTC has been facing a number of challenges. “sharper-than-expected price gains,” On the other hand, you can also look…
XRP is not doing much despite the strong performance digital assets have had this year. Many investors are now concerned about its competitiveness. But in the end, it is a matter of opinion. post to X (formerly Twitter), Ripple CTO David Schwartz discussed why ‘gradual appreciation’ will be the catalyst to increased XRP gains in the long term. Schwartz responded to a question from a Ripple user who questioned the label that Schwartz had given XRP. In response to a user, Schwartz stated that all assessments of the development of XRP are based on the concept of gradual appreciation. He…
