Central bank digital currencies (CBDCs) are making waves in the financial world, sparking discussion about the future of money. But what exactly is a CBDC and how does it fit into the current cryptocurrency landscape? To understand the importance of CBDC, it is important to take a closer look at its definition and take a look at its brief history. Additionally, gaining an overview of the current cryptocurrency landscape will provide valuable context for understanding the role of CBDCs in today’s evolving financial ecosystem. Join us as we begin our journey to unravel the complexities and implications of CBDC and…
Author: Crypto Flexs
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This week, the price of XRP relative to Bitcoin (BTC) fell to a three-year low, suggesting a potential local bottom and an opportunity to buy XRP.XRP/BTC price ratio falls to 2021 lowThe price of XRP compared to Bitcoin has fallen to a three-year low last seen in early April 2021, according to TradingView data.XRP/BTC, monthly chart. source: Trading ViewOn the monthly chart, this chart pattern can be interpreted as a strong signal for an XRP/BTC bottom, said Tony Severino, founder of CoinChartist. post:“Great spot – he’s right. XRP/BTC just signaled a bullseye bottom.”XRP/BTC. source: Tony SeverinoDespite the optimistic chart formation,…
Share this article The U.S. Department of Justice (DOJ) has identified Russian national Dmitry Khoroshev as the mastermind behind the infamous LockBit ransomware gang and is offering a $10 million reward for information leading to his arrest.In a 26-count criminal indictment unsealed Tuesday morning, prosecutors alleged that Khoroshev, 31, developed, promoted and oversaw LockBit software to recruit “affiliates” from cybercrime forums who carried out actual ransomware attacks. The affiliate will give Khoroshev 20% of his earnings, usually paid in Bitcoin (BTC), once the ransom is paid.According to prosecutors, LockBit became one of the world’s most prolific ransomware tools after first…
not Ethereum Whale It was recently revealed that a single transaction involving the second-largest cryptocurrency token by market capitalization earned $16 million. This whale’s story once again emphasizes how strong our confidence in whales is. invest In the cryptocurrency space, it can be very rewarding. How this Ethereum whale earned $16 million in a single transaction On-chain analysis platform Lookonchain Published on X (formerly Twitter) post A year ago, when the cryptocurrency token was still trading at $1,890, the whale withdrew 12,906 ETH ($24.39 million) from Binance. With Ethereum currently trading at around $3,100, the whale’s ETH investment is now…
Charles Edwards, cryptocurrency on-chain analyst and co-founder of digital asset hedge fund Capriole Investments, believes now is the perfect time to make “some allocation” to altcoins. But he says you shouldn’t hold on to it for too long. “In a normal four-year cycle, which has been going as textbook as previous cycles so far, we would expect Bitcoin to peak perhaps late this year or next year,” says the Australia-based cryptocurrency analyst. Hall of Flame. “If that happens and Bitcoin enters a bear market like it has in the past, I wouldn’t want to be holding any altcoins from mid-2025…
XRP price is correcting the rise above the $0.570 resistance. The price is stable above the $0.5240 support and may target a fresh rally in the near term. XRP began a significant rally and moved above the $0.550 resistance level. The price is currently trading above $0.5250 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a major bullish trendline forming around support at $0.5320 (data source from Kraken). If the bulls defend the $0.5240 support, the pair could start another increase. XRP price maintains support Recently, the price of XRP started…
around, Solana brush +1.32% Decentralized Physical Infrastructure Network (DePIN), which focuses on environmental data collection, has raised $2 million in a seed funding round. Ambient said Tuesday that Borderless Capital led the round, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, Primal Capital and others.Ambient began raising money for the round in February and closed it in April, co-founder and CEO Luca Franchi told The Block. The round consisted of a Simple Contract for Future Assets (SAFE) along with token warrants, Franchi said, declining to comment on the valuation.Ambient Acquires PlanetWatchAmbient was formed in January of this year.…
A prominent cryptocurrency trader says he is bullish on the long term despite the charts of artificial intelligence (AI)-linked altcoins flashing several potential warning signs. Anonymous cryptocurrency analyst known as Altcoin Sherpa says 215,900 followers on social media platform X that Render (RNDR) is his top AI pick this market cycle. “We will take this as one of our AI bets for this cycle and put it in a cold wallet to keep most of it.” Source: Altcoin Sherpa/X Render aims to provide near real-time rendering by leveraging a distributed network of graphics processing units (GPUs). Describe the project’s website,…
May 7th What is MODE? Post time: 11:11h in education, tokens by admin Mode is a layer 2 decentralized finance (DeFi) solution built within the Optimism ecosystem, designed to foster the growth of blockchain applications through innovative economic systems and direct rewards for developers and users. The mode allows you to quickly deploy applications compatible with the Ethereum Virtual Machine (EVM) chain and provides tools and support to scale your applications efficiently. This includes sequencer fee sharing and developer airdrops, incentivizing developers to build and expand on the mod while also benefiting from transaction fee savings due to Optimism’s Bedrock…
Ethernity transitions to AI-powered Ethereum Layer 2 purpose-built for the entertainment industry – Chainwire housenewsroomEthernity transitions to AI-enhanced Ethereum Layer 2, purpose-built for the entertainment industry. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…