
XRP Price Forms Death Cross, Whale Dumping Increases, What’s Next?
XRP price has formed its third death cross in August as the 50 EMA slipped below the 200 EMA, signaling a bearish trend after losing the $3.0 support level.
XRP price has formed its third death cross in August as the 50 EMA slipped below the 200 EMA, signaling a bearish trend after losing the $3.0 support level.
With ADA struggling to hold ground, LINK’s mix of security recognition, institutional partnerships, and bullish momentum could propel it past Cardano.
Dogecoin price has seen strong accumulation from both long-term and mid-term holders, with 4.9 billion DOGE, worth $1.98 billion, added in the last two weeks.
While Bitcoin is trading 8% down from its ATH with traders panic selling, experts predict that the real peak is still ahead.
Gemini has received a MiCA license from the authorities in Malta, marking a further expansion of its services in Europe.
BNB surged to a new peak of $882 earlier today, outperforming the broader crypto market, which remained largely flat.
Coinbase CEO says Bitcoin price will reach $1 million by 2030. He believes that factors like the regulatory clarity in the US and crypto ETFs could trigger the price gain.
Trump’s family DeFi project, World Liberty Financial, minted $205 million worth of its USD1 stablecoin, taking the total supply to a record $2.4 billion.
Kanye West’s newly launched YZY token rocketed up to $3 billion, but concerns over insider sales have dented a large portion of the gains.
China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.
Ethereum climbed back to the $4,300 zone as the largest Singaporean bank hints at tokenized notes on the network.
The United States has imposed steep tariffs of 57.6% on Chinese bitcoin mining equipment, creating potential liabilities exceeding $100 million for major US mining companies like CleanSpark and IREN who imported machines in 2024.
Global searches for “privacy coins” reached an all-time high of 98 points according to Google Trends, while Zcash’s shielded supply peaked at over $140 million, indicating surging worldwide demand for financial privacy solutions.
Federal Judge Jennifer Rochon lifted the freeze on LIBRA creator Hayden Davis’s crypto assets, permitting monthly transfers of tokens worth millions while he faces ongoing legal challenges in Argentina.
Kraken, Backed Finance, and TRON DAO collaborate to bring tokenized stock trading to the TRON network, making it the third blockchain integration for xStocks after Solana and BNB Chain.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.