Tag: bitcoin trader

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XRP Could Jump Fourfold if Ripple Wins Against SEC – Survey

  The price of Ripple-affiliated XRP could be worth as much as USD 2.55 by the end of the year, provided Ripple wins its ongoing court battle with the US Securities and Exchange Commission (SEC), according to the average forecast by a panel of experts surveyed by comparison website Finder.com. At 10:36 UTC, XRP, ranked…
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NFT Market Gets Back on Track Thanks to Moonbirds and Solana NFTs

  After a six-week cooldown period started in mid-February, the non-fungible token (NFT) market saw a boost in activity throughout April. Popular NFT collection Moonbirds and a rise in demand for Solana (SOL)-based NFTs were the primary drivers. The NFT market recorded USD 6.3bn in monthly trading volume for the third time in history in…
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After Binance Secures French License, New Hires Underway, Hopes for New Permits

  After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too.  The latest development marks the first time the platform secures such permission from a European regulator. In…
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Top 3 Play-to-Earn Games on Solana

  With 1,000+ blockchain games to choose from, the play-to-earn (P2E) gaming industry offers a wide range of gaming and earning opportunities.  Read on to find out the top three play-to-earn games on the Solana (SOL) blockchain.  Built in 2017 and launched in 2020 by Solana Labs, Solana is a high-performance permissioned blockchain network that…
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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on…
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Descending channel pattern and weak futures data continue to constrain Ethereum price

ETH derivatives metrics and technical analysis point toward further downside for Ethereum price. Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 resistance.…
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CFTC commissioner appoints crypto-experienced CME Group director as chief counsel

During his time at the CME Group, Bruce Fekrat regulated crypto reference rates and helped in the development of financial products, including BTC and ETH derivatives. Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME Group executive director with experience in…
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Bitcoin price hits 10-week lows as $40K spike becomes ‘nasty bull trap’

A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up. Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView DXY celebrates as…
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El Salvador’s central bank accepts Qredo’s registration to provide crypto services

Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful and OpenNode. Decentralized finance firm Qredo has received approval for registration as a Bitcoin (BTC) service provider in El Salvador. In a Wednesday announcement, Qredo said the Central Reserve Bank of El Salvador…
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Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low

During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to a one-week high…
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