XRP as a potential US crypto reserve asset: Possibilities and challenges

Propelled by Bitcoin’s record-breaking rally, the crypto industry is seeing off 2020 with flying colors. Amid all the tumult of this unprecedented moment in history, the digital asset space seems to have proven its resilience, making a solid case for becoming a safe haven in an increasingly uncertain world. Among other advancements, the outgoing year saw…

Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase, one of the world’s leading crypto exchanges.The SHIB/USDT exchange rate jumped up to 16.42% to $0.00000950 for the first time since June 29, 2021. The latest move uphill came as a part of an overall bullish trend that started Thursday, wherein SHIB…

When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent altcoins rose on the back of a phenomenon now known as the “Libra Effect.”As so often occurs…

Key takeaways AI agents in DeFi are self-operating apps that can help navigate by optimizing trading, adding risk management and market analysis without human intervention. These agents integrate with DeFi platforms through smart contracts, offering automation for tasks like portfolio rebalancing, yield farming and enhanced security. AI trading agents adapt to real-time market conditions, identifying

India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry. As predicted, within just a couple of weeks of the new crypto tax law coming into effect, trading volume across major crypto exchanges dropped as much…

Greece’s top administrative court has suspended a decision to extradite Alexander Vinnik, a Russian national suspected of laundering of billions of dollars through a cryptocurrency exchange.According to Reuters on Dec. 23, Vinnik’s lawyer said that the decision to extradite is suspended until the court hears an appeal, the date of which is still pending. As Cointelegraph…

A large transfer of Bitcoin associated with U.S. law enforcement likely caused a spike in the on-chain metric. 650 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied…

A staggering 57% of respondents said that they buy and hold cryptocurrency as a long-term investment. 1497 Total views 17 Total shares A survey conducted by major crypto custodian Bitcoin IRA revealed that 42% of the platform’s customers expect Bitcoin’s (BTC) price to exceed $15,000 by the end of 2020.According to a June 29 announcement,…

Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors.Ethereum price rises above two key moving averagesOn Jan. 8, Ether's price crossed above its 21-week exponential moving average (21-week EMA; the purple wave) and 200-day simple moving average (200-day SMA; the orange wave).Historically, these…