Ripple Unveils USD-Backed Stablecoin, Targets Dominance Over USDT and USDC
Apr 04, 2024 16:31 pm UTC| Technology Digital Currency
Ripple has announced its entry into the stablecoin fray with a US dollar-backed token, setting its sights on challenging industry giants USDT and USDC. The initiative, which will see initial issuance on the XRP Ledger and...
Dogecoin Whales Make Waves: Accumulate 200 Million Coins Amid Market Downturn
Apr 04, 2024 13:29 pm UTC| Technology Digital Currency
A significant development has occurred amid a general downtrend in the cryptocurrency market. In a surprising move, Dogecoin whales swiftly accumulated over 200 million DOGE. This bold acquisition, which occurred on April...
Morgan Stanley Aims to Outshine UBS in Race for First Bitcoin ETF Approval
Apr 04, 2024 13:03 pm UTC| Technology Digital Currency
In a landmark move, Morgan Stanley is poised to surpass UBS in launching the United States first Bitcoin ETF, intensifying the competition among leading investment banks. According to crypto insider Andrew AP Abacus, both...
FxWirePro- BTCUSD Daily Outlook
Apr 04, 2024 11:47 am UTC| Technicals Digital Currency
BTCUSD showed a minor sell-off after Fed Chairman Powells speech. It hit a low of $65100 and is currently trading around $66284. Fed Chairman Powell said that dont expect early rate cut until inflation cools...
FxWirePro- BCHUSD (Chart of the day)
Apr 04, 2024 11:00 am UTC| Technicals Digital Currency
Ichimoku analysis (4- hour chart) Tenken-Sen- $617.50 Kijun-Sen- $632.45 BCHUSD has performed well after a long consolidation. Any daily close above $705 confirms further...
Flare - EVM based Layer 1 Blockchain
Apr 04, 2024 08:07 am UTC| Research & Analysis Digital Currency
Flare is the blockchain for data. It is a layer 1, EVM smart contract platform designed to expand the utility of blockchain. The network is built with two open native interoperability protocols: the State...
GBTC Outflows Hit Monthly Low Amid Rising Bitcoin ETF Inflows and Institutional Interest
Apr 04, 2024 07:24 am UTC| Technology Digital Currency
For the first time since February, outflows from the Grayscale Bitcoin Trust (GBTC) fell to $75 million on April 3, signaling a shift in investor sentiment and hinting at a potential Bitcoin rally. This change coincides...