Key Points XRP price has surged over 20% in recent hours. It has broken above a key resistance level and formed a bullish pattern. Analysts predict a potential rise towards $1 or even higher. The Ripple (XRP) price has been on a steady upward trend since the market downturn in March 2020. Despite a significant…
Planet ReFi, a platform combining blockchain, real-world assets, and celebrity endorsements for sustainability, has appointed Alex Avellamet as its Chief Marketing Officer (CMO). Soccer Expertise for Wider Reach Avellamet’s background in soccer, including player development and community outreach, aligns with Planet ReFi’s goal of reaching a broader audience. As a FIFA-recognized football agent, she brings…
Lif3, a multi-chain DeFi platform, has joined forces with BitGo, a leading custodian for digital assets. This partnership aims to enhance the security of DeFi assets for institutional investors. Enhanced Security Measures BitGo’s multi-signature technology will be used to secure custodial transactions and cold storage of Lif3 tokens, LSHARE tokens, and L3USD. This provides an…
Whales Sell Off Coins As Bitcoin’s price continues to climb, reaching new all-time highs, large investors known as “whales” are taking advantage of the profits. These whales hold significant amounts of Bitcoin (at least $73 million). According to analyst Ali Martinez, whales have been selling off their coins. The number of wallets holding over 1,000…
Samson Mow, CEO of Jan3 and a prominent Bitcoin advocate, maintains his bullish prediction that Bitcoin could reach $1 million this year or by 2025. Reasons for the Price Surge 1. Supply and Demand Imbalance: Mow highlights that the demand for Bitcoin far exceeds its supply. Spot Bitcoin ETFs, which accumulate thousands of BTC daily,…
Big Players Dominate the Crypto Scene BlackRock and MicroStrategy have made headlines with their recent Bitcoin investments. BlackRock’s plans to include Bitcoin ETFs in its funds could increase demand, while MicroStrategy’s purchase of 12,000 BTC brings its total holdings to 205,000. Investors Move Bitcoin to Cold Storage Despite reaching record highs, investors are moving $520…
The US government has once again targeted the crypto mining industry, sparking backlash from industry leaders and Senator Cynthia Lummis. 30% Tax Proposal Revived The Treasury Department’s 2025 revenue proposals include a revived plan to impose a 30% tax on crypto mining operations. This proposal was initially introduced a year ago but was later withdrawn….
Ethereum is on the rise, and crypto analyst Ali Martinez predicts it could reach $5,000 soon. Resistance Ahead While Ethereum is currently hovering around $4,000, it faces some resistance at $4,522-$4,646. This resistance comes from 600,000 addresses holding a significant amount of ETH. Bullish Indicators Despite the resistance, Martinez believes Ethereum’s bullish momentum will continue….
South Africa’s Financial Sector Conduct Authority (FSCA) has granted 59 operating licenses to crypto businesses, a significant step towards regulating the industry in Africa’s most industrialized economy. Growing Interest in Crypto FSCA divisional executive Felicity Mabaso announced that they have received 355 license applications, with 262 still under review. This shows a growing interest in…
Rollercoaster Ride Bitcoin’s price took a wild ride yesterday, reaching a high of $73,000 before a sharp drop caused by liquidations. Long position holders were hit hard, losing over $258 million. However, Bitcoin quickly recovered, wiping out $103 million in short positions. Record ETF Inflows Investors jumped on the opportunity to buy Bitcoin ETFs, driving…
