Ripple’s RLUSD stablecoin: Here’s what you need to know before launch
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
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Cardano (ADA) price rallies 139% following smart contract implementation
Cardano’s successful testnet integration of smart contract functionality and plans to enter the DeFi space back ADA’s 139% rally. 3084 Total views 26 Total shares Cardano’s (ADA) price has increased 100% since Feb. 1 as social media engagement and excitement about the addition of smart contract functionality is propelling ADA to its highest price level…
ICOs Can ‘Prove Their Legitimacy’ Under New Crowdfunding Rules, Says EU Lawmaker
The European Parliament's Committee on Economic and Monetary Affairs is working on new crowdfunding regulations that could extend to some initial coin offerings (ICOs), according to a draft report published August 10. Ashley Fox, a British Member of the European Parliament (MEP), proposes bringing some ICOs within the remit of a new draft regulatory framework…
Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A
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Alleged $3.6B crypto Ponzi’s ‘victims’ still believe the exchange is legit
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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
The country wishes to see all crypto activities take place on platforms regulated by SEBI. 1608 Total views 20 Total shares On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million dollars) or 1.5 years in…
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates. The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and…
Rally or dud: What to expect if spot Ether ETFs are approved
Market observers are conflicted over what could happen following SEC approval of a spot Ether ETF.
History tells us we’re in for a strong bull market with a hard landing
While the United States Federal Reserve decided to hold interest rates at its November meeting, they remain at their highest level since well before the global financial crisis (GFC) of 2008-09. The Federal Funds rate stands at 5.25-5.5%, similar to the United Kingdom’s 5.25%, while in the European Union it is at a record high