The price of XRP has once again recently fallen from the important golden ratio level of around $0.75. Afterwards, the price of Ripple entered a correction phase. The question is: How much will the price of Ripple fall? Is the corrective movement expected to be prolonged? XRP Price Faces Clear Rejection at Golden Ratio Levels This month, the price of XRP approached the important golden ratio resistance level at around $0.75. However, at this point it faced considerable resistance. As a result, the histogram of Moving Average Convergence Divergence (MACD) shows a bearish trend despite the MACD line maintaining a…
Author: Crypto Flexs
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Stablecoin bills, which are considered low-hanging fruit among other cryptocurrency bills, have hit a roadblock due to insufficient time for voting.Talks between lawmakers have been on hold for months as election season approaches, making passage of legislation nearly impossible in Washington, Capitol Hill sources told The Block. A stablecoin bill led by House Financial Services Committee Chairman Patrick McHenry, R-N.C., passed out of committee last summer. But congressional Republicans have become embroiled in a bipartisan debate, criticizing the White House for opposing the bill. Maxine Waters, the top Democratic member of California at the time, He said the bill was…
Solana validator fees are higher than those incurred on the Bitcoin network. As SOL prices soared, interest in SOL staking also increased. Solana (SOL) has surpassed various altcoins in terms of activity and transactions taking place on its network. But the network is starting to see growth in other areas as well. Data shows that Solana could rival Bitcoin (BTC) in terms of fees collected on the network. high fees According to AMBCrypto’s analysis of Artemis data, Solana was outperforming Bitcoin in terms of fees accrued to validators. The high fees earned by Solana validators indicate a surge in network…
BitPay is excited to give the crypto community the power to pay with cryptocurrency, including your preferred coins and tokens. Today we’re announcing support for more than 100 new coins and tokens. Payments can be made with practically any wallet.Cryptocurrency coins and tokens supported by BitPayPayments can be made with dozens of assets across the most popular chains. Want to see more assets supported? Let us know which ones. We are constantly evaluating and adding support for new assets and chains. Asset Chain 0x Protocol Token (ZRX) Ethereum/Polygon 1inch (1INCH) Ethereum/Polygon Aave (AAVE) Ethereum/Polygon Aavegotchi (GHST) Ethereum/Polygon Adventure Gold (AGLD)…
The TON Foundation is launching Open League Season 1, offering $115 million in Toncoin rewards for community engagement and project growth on the TON blockchain. The TON Foundation has officially announced the launch of Open League Season 1, a powerful incentive program designed to drive growth and participation within the TON blockchain ecosystem. Starting April 1, the TON Foundation will distribute a whopping 30 million Toncoins, worth approximately $115 million, to the community as part of an innovative effort to integrate Telegram’s user base with on-chain activity and attract new Web3 projects. Open League’s pilot season delivered impressive results, including…
BVI, BVI, March 20, 2024, Chainwire Mystiko.Network, the leading base layer for Web3, is led by Sequoia Capital India/SEA (now known as Peak XV Partners), Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. In less than a year, Mystiko V1 mainnet has supported over $134 million in transaction volume, over 214,000 transactions across five different layer1/layer2 blockchains, with over 54,000 unique active on-chain users. Previously, Mystiko.Network has been selected to participate in respected programs such as Binance MVB, Chainlink Startup, Polygon Ecosystem, and Coinlist Seed. About Mystiko.Network Mystiko.Network is the base…
According to reports, the SEC is planning to classify ETH as a security, which could have major implications for the future of blockchain. Here’s why the SEC is wrong:
Recently, CrediBULL Crypto, a famous figure in the cryptocurrency analysis world, in the spotlight XRP making optimistic predictions. According to analysts, XRP is headed for a significant rally in the coming days that could see its value surge against Bitcoin. XRP Price: Expect a Spike CrediBULL Crypto has been closely monitoring XRP’s movements against Bitcoin. Through his analysis, he observed interesting trends within the XRP/BTC trading pair that suggest an upcoming uptrend. The key to this forecast is to identify accumulation phases that occur during periods of low demand within regions of high demand. This pattern is not new to…
Bitcoin has recently gained significant traction, surpassing its all-time high in 2021. Several factors drive this surge in popularity. Investors are increasingly attracted to Bitcoin exchange-traded funds (ETFs) to explore potential gains in this digital asset. Additionally, there’s a growing expectation that the Federal Reserve might pause interest rate hikes or even raise rates, potentially benefiting Bitcoin. As a result, more people are now eyeing the potential gains offered by Bitcoin, leading to increased activity in the cryptocurrency market. Meanwhile, Bitcoin mining is also experiencing a surge in interest and participation. Bitcoin mining involves validating transactions and securing the blockchain…
Bitcoin BTC +1.23% Prices remained relatively stable on Wednesday after the U.S. Federal Reserve maintained interest rates at the current level on Wednesday.The Federal Open Market Committee left the federal funds rate at its current range of 5.25% to 5.50%, as most analysts had predicted. This measure marks the first interest rate freeze in 2024.“The committee decided to maintain the federal funds rate target range at 5.25% to 5.50% to support the target,” the central bank said in a statement.On the possibility of a rate cut, the central bank said: “The committee does not anticipate that it would be appropriate…