Chainlink rose by as much as 20% earlier in today’s session, as markets reacted to the release of its Chainlink Cross-Chain Interoperability Protocol (CCIP). Traders were buoyed by the news, pushing the token to its highest level since April in the process. Stellar rose to a one-week high today. Chainlink (LINK) Chainlink (LINK) was one…
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Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%.
Ripple Labs Case Verdict Triggers $60 Billion Crypto Market Expansion…
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Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory climate” in the U.S. regarding crypto.
Bitwage Drops USDC Payments in the U.S.…
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Broader cryptocurrency markets are a little higher on Thursday, but remain stuck within recent ranges, with Bitcoin (BTC) just above $30,000 and Ether (ETH) in the mid-$1,800s. Markets continue to balance optimism about potential upcoming spot bitcoin ETFs, which helped spur a recent recovery in sentiment, against macro headwinds. These include strong US data…
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Bitcoin (BTC) has fallen below the critical support level of $27,000 for the first time in almost two months, raising concerns about the immediate future of the cryptocurrency market. With skittish macro conditions and lingering uncertainties surrounding the US debt ceiling and the possibility of a recession, the crypto market is facing a challenging periods,…
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Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom. Bitcoin (BTC) is on target to finish the week with a sharp fall of around 9%. This suggests that some traders may be booking profits in fear of a resumption of the downtrend. Analysts expect…
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As the world rapidly embraces digital transformation, blockchain technology and cryptocurrencies are gaining significant traction in the realm of global remittance, according to Luther Maday, Head of Fintech Strategy and Innovation at MoneyGram. However, the journey to mainstream adoption is challenged by one critical aspect: real-world applicability…. Read More: MoneyGram Head of Fintech Strategy: Bad…
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BTC’s tight trading range hints at an eventual breakout, and ADA, XLM, AAVE and CFX could follow. The long weekend has not produced any fireworks in Bitcoin (BTC) price, which continues to trade inside an ever-narrowing range. Bitcoin is on track to form a third consecutive Doji candlestick pattern on the weekly chart. This suggests…
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Bitcoin’s price has continue dto rebound today from recent setbacks, reaching an intra-day high of $28,650 as market participants anticipate a robust monthly finish. This positive momentum was accompanied by favorable macroeconomic indicators from the US, particularly the February Personal Consumption Expenditures (PCE) index, as headline PCE rose 5.0% annually leading February and core PCE…
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According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to…
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