Month: December 2023

As the new year begins, XRP finds itself entangled in a technical puzzle that may result in a period of stagnation. The cryptocurrency’s chart reveals a descending triangle formation, a traditionally bearish signal indicating a stable support level against lower highs on the XRP/USD chart. However, a breakthrough is likely to trigger a significant price…

The cryptocurrency market is abuzz with discussions about the potential approval of a Bitcoin ETF (exchange-traded fund). If realized, this development has the potential to inject significant capital into Bitcoin, potentially reshaping the entire industry. Enthusiasts such as Samson Mow and Raoul Pal are optimistic, foreseeing a potential surge in the price of Bitcoin to…

SNEK, the well-known meme coin built on Cardano, has introduced its latest gaming achievement just two months after launching its branded energy drink. In a recent tweet, Snek revealed the live status of its snake game, a collaboration with Paima, Vacuum Labs, and Anvil, inspired by the classic Nokia snake game. This marks the inaugural…

In the dynamic realm of cryptocurrencies, the fusion of artificial intelligence (AI) and blockchain technology is reshaping the landscape for traders, investors, and developers. The excitement surrounding AI in the crypto space has heightened since the arrival of OpenAI’s ChatGPT in late 2022. This narrative explores the practical applications of AI in the crypto realm,…

Max Schwartzman, CEO of a crypto analysis platform, highlighted a noteworthy observation. Drawing parallels between Dogecoin (DOGE), a prominent meme coin, and PEPE, he suggests that if historical trends repeat, PEPE might be on the verge of a substantial price surge. Between PEPE and DOGE In a post on the X platform (formerly Twitter), Schwartzman’s…

In the dynamic landscape of cryptocurrencies, Bitcoin (BTC/USD) encounters a significant juncture on December 29, grappling with noteworthy technical hurdles. Currently valued at $41,740, Bitcoin has experienced a 1.00% decline in the past day amid robust trading, totaling $24.68 billion in 24 hours. Despite this downturn, Bitcoin maintains its dominance in the crypto market, retaining…

How do crypto protocols encourage and reward early users and contributors? Through token airdrops. By distributing protocol tokens, those early users who contributed to building and advancing a network or application are typically granted a role in decentralized governance—and these tokens carry intrinsic value as well. While not every airdrop guarantees a substantial token windfall,…

Coinbase has made a change in its custody leadership, possibly as a strategic move in preparation for managing services related to spot Bitcoin ETFs. The exit of Aaron Schnarch, the former CEO of Coinbase Custody, signifies a significant shift in the company’s leadership. Rick Schonberg, with previous experience at Goldman Sachs, State Street, and Tagomi,…

ADA’s price has approached a bullish trajectory, forming a bullish flag pattern on the chart. With higher high swings and notable outperformance in recent sessions, ADA has surpassed key moving averages, poised to reach the optimistic zone above $0.7000. Technical indicators signal robust bullish momentum, marking a refreshed trend reversal. Trading near the 20-day EMA,…

For the second time, a federal judge, Richard Jones of the U.S. District Court for the Western District of Washington, has rejected Binance founder Changpeng “CZ” Zhao’s plea to travel abroad while awaiting sentencing for criminal charges in the U.S. This decision comes after prosecutors raised concerns about the potential flight risk posed by the…