• Dogecoin, the original memecoin, is currently showing a solid performance, retesting its current resistance. • Elon Musk’s recent mentions of the coin boosted its price and the Dogecoin community is putting pressure on McDonald’s to accept the coin as a mode of payment. • Matt Wallace, a huge crypto influencer, showed his support for […]
• Ripple’s native token, XRP, has recorded the highest trading volume on Australian exchanges. • Ripple’s cross-border remittance payment (ODL) use case is credited for the achievement. • XRP contributed to 62% of the trading volumes on the BTC Market and 82% of the Independent Reserve Exchange. Ripple has achieved a major milestone in Australia […]
• Chainlink (LINK) has had a somewhat mediocre performance in recent months, falling to 22nd place in terms of market capitalization. • However, a bullish divergence in the weekly chart could signal the end of the prolonged downtrend. • The short-term market is showing a bearish divergence, suggesting that momentum is slowing. Chainlink (LINK) has […]
1. Bitcoin (BTC) has seen sideways price action in the last 24 hours, recording 1% in profits in the previous seven days. 2. The crypto market has been weak in 2023 and BTC has been more fragile than other digital assets. 3. The recent crisis between Gemini and the Digital Currency Group (DCG) has added […]
• Arcane Research has issued a warning to Bitcoin (BTC) and Ethereum (ETH) investors regarding the financial distress related to Digital Currency Group (DCG). • If DCG is forced to liquidate its assets, it could sell its sizable positions in GBTC and other Grayscale trusts. • A Reg M solution could resolve the near-record NAV, […]