The future of XRP, the cryptocurrency associated with Ripple, has been a subject of much speculation and uncertainty. While some analysts remain skeptical about its potential for growth, there are several macro and micro factors that could significantly impact the token’s price. In this article, we will delve into these factors and explore the possibilities
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The World Federation of Exchanges (WFE) has recently provided insights and recommendations for the digital asset sector, as user adoption and regulatory concerns continue to rise. With an increasing number of traditional financial institutions embracing blockchain technology and offering digital assets, the WFE emphasizes the importance of implementing regulatory standards to address user fears and
With each passing week, East Asia witnesses significant developments that shape the region’s technology and financial landscape. In this article, we will delve into four notable events that occurred recently. These events include the imposition of hefty fines for VPN usage, the airdropping of digital currency to boost local spending, the collapse of a cryptocurrency
Recently, BitMEX, a prominent crypto derivatives trading platform, announced its plan to dump up to $100 million worth of digital assets from its insurance fund. This move has raised several questions and concerns within the crypto community. In this article, we will critically analyze BitMEX’s decision and its potential implications on the market. According to
Crypto exchange Coinbase has announced that its international exchange has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to non-U.S. retail customers. This approval allows Coinbase to expand its services and tap into the lucrative derivatives market. Increased Access to Perpetual Futures Coinbase has launched an international exchange that enables
Pepe Coin (PEPE) has recently experienced a surge in market interest, with a 5% increase as trading volume hit a 24-hour rise of 91%. As a result, PEPE has reclaimed its position in the top 30 cryptocurrencies by volume. In this article, we will analyze the potential for Pepe Coin to end the month on
Crypto.com, a prominent payments and cryptocurrency exchange, has recently announced its integration of PayPal USD (PYUSD) into its platform. This move further solidifies Crypto.com as a “preferred” exchange for the stablecoin. The partnership between Crypto.com, payments giant PayPal, and blockchain infrastructure company Paxos aims to promote the global adoption of cryptocurrencies. By listing PYUSD for
Hong Kong-based cryptocurrency exchange Hashkey has announced that it will support trading the Avalanche (AVAX) token on its platform. This move is expected to increase adoption and provide an opportunity for investors. However, there is an interesting requirement that traders must meet before interacting with this cryptocurrency on the exchange. On September 27, Hashkey announced
Moonbeam (GLMR), a leading multichain project, has gained significant attention in the crypto market recently. With the upcoming incentive program and the growing activity on the Polkadot network, investors are eyeing the project for potential growth opportunities. This article explores the current state of Moonbeam and its potential for a breakout rally. Moonbeam’s smart contract
In a recent development, Binance, one of the world’s largest cryptocurrency exchanges, has sold its entire business in Russia to CommEX, a newly launched crypto platform. The financial details of the deal remain undisclosed, but Binance has stated that it will no longer be involved in any activities or business lines in Russia. This decision