Author: WebDesk

Amid the recent price decline, XRP, the native token of Ripple Labs, has formed a bullish price action pattern and is poised for a double-digit price rally. Today, January 31, 2025, the overall cryptocurrency market seems to be recovering, including Bitcoin (BTC) and Ethereum (ETH), but XRP appears to be struggling.XRP Current Market Sentiment  Despite the positive market sentiment, XRP is currently trading near $3.13 and has experienced a modest price surge of over 0.80% in the past 24 hours. During the same period, investors and traders have shown lower interest, resulting in a 35% drop in trading volume.This modest price…

Follow me on X for more Bitcoin Alphahttps://x.com/GuerillaV2 Earlier today at the Plan B Conference in El Salvador, Tether made an announcement that has been years in the making. USDT is back on Bitcoin using Taproot Assets. The next steps will be for Tether to mint the asset, which will be available initially via Bitfinex.Tether’s return to the Bitcoin ecosystem via Taproot Assets is not just a simple re-entry; it’s a strategic pivot that could herald a new era for both Bitcoin’s Lightning Network (LN) and the broader stablecoin landscape.  Credit: https://river.com/learn/what-is-taro-in-bitcoin/ With USDT now returning to the Bitcoin network…

The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl.  Previously, Michl argued hat the bank should diversify its investment portfolio and consider allocating funds to alternative asset classes, including Bitcoin. His proposal suggested allocating of the CNB’s €140 billion ($145.6 billion) in reserves to BTC. “Based on the results of the analysis, the Bank Board will…

Crypto flagship asset, Bitcoin currently struggles with upside momentum following a recent sharp rundown in the general market, and facing significant resistance at the $103,000 level. Despite the waning price performances, profitability has been increasing, with a considerable amount of the coins now in profit. A Significant Rise In Bitcoin In Profit Axel Adler Jr., a seasoned technical expert and verified author has reported an encouraging shift in Bitcoin’s market dynamics and sentiment. Even though the flagship asset recently faced a price pullback, there has been a massive rise in investors’ profitability. In the X post, Axel Adler highlighted that…

Both XRP and Solana have been name checked as innovators in the crypto space. The longevity and enduring popularity of the two shows that both XRP and Solana have the mix of speed and reliability right. XRP for example has been swimming through the shark-invested crypto waters for more than a decade, while Solana has quickly risen to prominence as an Ethereum giant killer. The transactional technology which has been central to XRP and Solana’s success is something that the secure crypto wallet 1FUEL will also put into play. With cutting-edge solutions and proven real life use cases, analysts are…

In what is a massive development for the cryptocurrency market, Grayscale has officially filed for a Spot XRP ETF with the New York Stock Exchange (NYSE). Indeed, a recent filing with the US Securities and Exchange Commission (SEC) revealed the latest filing to bring the crypto investment vehicle to market.Grayscale joined five asset managers, including Bitwise and WisdomTree, as prospective issuers of the exchange-traded fund. Moreover, the firm is also seeking to issue a Spot Solana ETF in what would be a game changer for the industry that has enjoyed a massive shift in policy within the United States.JUST IN:…

The US SEC, led under the able leadership of Mark Uyeda, is creating new milestones. For instance, the last meeting was pivotal to the entire cryptocurrency regimen, with the rescinding of SAB 121. This major development was met with great response throughout the US, as it enabled banks to custody Bitcoin. With another meeting scheduled for January 30, 2025, investors are now anticipating more bullish news, especially concerning Ripple (XRP).Also Read: Missed Out? A $10,000 Shiba Inu Investment in 2020 is Now Over $2 BillionAnother Closed Meeting Scheduled By The US SECSource: DecryptThe US Securities and Exchange Commission has listed…

Gemini halts recruitment of MIT grads until the university severs ties with Gensler, citing his impact on the crypto industry.   Industry divided over Gemini’s decision, with some arguing it unfairly punishes students not responsible for Gensler’s actions. Tyler Winklevoss, CEO of the Gemini crypto exchange, announced on their X account that the company would no longer recruit Massachusetts Institute of Technology (MIT) graduates. This decision will remain in effect until the university breaks ties with Gary Gensler, the former SEC chair who now serves as an MIT professor. The conflict between Gemini and the SEC began in March 2023, when…

The Bitcoin market has long been defined by its seemingly immutable four-year cycle, a pattern of three years of surging prices followed by a sharp correction. However, a seismic shift in policy from Washington, led by former President Donald Trump, may shatter this cycle and usher in a new era of prolonged growth for the cryptocurrency industry.Matt Hougan, Chief Investment Officer at Bitwise Asset Management, recently posed an intriguing question: Can Trump’s Executive Order break crypto’s four-year cycle? His answer, though nuanced, leans towards an emphatic yes.The Four-Year Cycle: A RecapHougan clarifies his personal belief that the four-year Bitcoin market…

I was recently having a conversation with a friend in Kenya who described how difficult it was for women in that country to stand in local elections due to the complexity of setting up a bank account. The first challenge is to obtain identification documents, which is a process that is complicated by cultural attitudes in certain communities in which the men may object to women seeking independent documents. Many women also live far from registration centres, have limited literacy to complete the forms and may not be able to afford the journey and the documentation fees. Furthermore, many women…