Dogecoin has seen recent price movements and Technical indicator suggests Incoming call rally. Technical analysis shows Dogecoin’s recent price action paved the way for $1 It’s becoming more and more noticeable If some conditions are met. especially, Technical analysis by MMBTTRADER, Crypto Analyst TradingView platform, outlines the bullish setup formed after the decisive Dogecoin price breakout from the long-term downtrend channel of the three-day candlestick chart. Related readings Downtrend Channel breakout and retest completed Dogecoin broke on July 15th on a descending parallel channel, as shown in the three-day Candlestick Price Chart that MMBTTRADER was initially sharing. This breakout is…
Author: ₿e Proud
BlackRock has confirmed that the company is not currently pursuing spot ETFs for Ripple’s XRP or Solana, despite market rumors. While the XRP and SOL communities may be disappointed by the lack of immediate action, the acknowledgment from BlackRock validates their relevance in the broader crypto market. Crypto Bulls Temper Expectations After BlackRock Clarification In a recent update from The Block, BlackRock has clarified that the company currently has no plans to file for spot exchange-traded funds (ETFs) tied to Ripple’s XRP or SOL. This aligns with BlackRock’s cautious approach, as reflected in earlier comments from executives like CEO Larry…
Key Takeaways Paxos will pay $48.5 million to settle compliance failures with New York regulators related to its partnership with Binance. The company must strengthen its compliance systems after DFS found failures in due diligence and anti-money laundering controls. Share this article Blockchain infrastructure platform Paxos Trust Company has agreed to a $48.5 million settlement deal with the New York State Department of Financial Services (DFS) to resolve anti-money laundering (AML) compliance failures and due diligence lapses related to its former partnership with Binance, according to a Thursday press release.The settlement includes a $26.5 million civil monetary penalty, as well…
After Bitcoin and XRP, it’s now Ethereum’s turn to take center stage in what appears to be the start of its next major rally. $ETH has surged 15% in just the past three days. This move has propelled it past the $4K mark, a key psychological and technical milestone. So, why is $ETH rallying? Alongside its strong fundamentals, two recent developments have effectively hit Ethereum’s nitrous switch, sending it rocketing up the charts. Keep reading to discover what these developments are, how far $ETH could climb in its current rally, and how investing in Best Wallet Token ($BEST), a utility-driven…
Launched in 2024, Bodega is THE prediction market platform on Cardano. Its 25 million-supply token, BODEGA, powers governance, market creation, and revenue sharing. With a TVL hovering around $80k, the protocol is small but steadily gaining traction. What makes it stand out is its ambition to merge transparency with privacy. Through a landmark partnership with Midnight, Cardano’s privacy-focused sidechain, Bodega is breaking new ground. But what is Bodega? 1. What is Bodega? Prediction markets have always promised to turn collective knowledge into tradable value. From elections to sports finals, they let anyone stake their conviction on real-world outcomes. Now, Cardano…
The US-based Ethereum ETFs (exchange-traded funds) have had a mixed performance over the past week. The crypto-linked products continued a woeful start to the month of August with consecutive withdrawals at the beginning of this week. However, US Ethereum ETFs haven’t taken much longer to turn their fortunes around and return to the path of positive inflows. This shift in investor sentiment can be associated with a recent executive order signed by United States President Donald Trump, allowing crypto investments in retirement (401 (k)) plans. Four-Day Inflow Streak Changes Ethereum ETFs’ Week According to the latest market data, the US…
Ripple Labs and the US SEC have finally closed the book on their high-profile lawsuit after almost five years of legal back-and-forth. According to a joint filing with the Second Circuit Court of Appeals on Thursday, both sides agreed to drop their appeals, making Judge Analisa Torres’s 2023 ruling final. The resolution has already been factored into XRP’s price surge above $3 again. It has also led to an interesting speculation from market expert Nate Geraci, who suggested that BlackRock may now look to file for an iShares XRP ETF. BlackRock Might Make A Move The end of the case…
Key Takeaways Chainlink has launched an onchain reserve funded by revenue and network usage, accumulating over $1 million in LINK tokens. The Chainlink Reserve leverages Payment Abstraction to collect revenue in any token and convert it to LINK, with no planned withdrawals for multiple years. Share this article Chainlink is building a new on-chain reserve system called Chainlink Reserve, designed to accumulate LINK tokens using the revenue that the entity earns from both off-chain and on-chain operations, according to a Thursday announcement.Off-chain revenue primarily comes from large enterprises paying to access Chainlink’s infrastructure, while on-chain fees are from protocols across…
In an interesting turn of events, Federal Reserve Governor and prominent stablecoins advocate Chris Waller has emerged as the frontrunner to become the next Fed Chairman. This development comes amid a monetary policy battle between US President Donald Trump and current Fed Chairman Jerome Powell. Trump’s Fed Chair Candidate? Over the past few months, Trump has publicly criticized Powell over the Fed Chair’s decision to maintain the market interest rate in the range of 4.25% – 4.50%. Notably, the head of the US apex bank has consistently rejected calls to lower this rate, fearing sporadic inflation, despite potential benefits such…
World Liberty Financial, the Trump family-linked crypto project, is reportedly engaging major investors to form a public company to hold its WLFI tokens. The proposal aims to place WLFI on a corporate balance sheet and contribute to the rising trend of digital-asset treasury companies in the US. World Liberty Pitch: From Token Sales To Public WLFI Treasury World Liberty Financial was unveiled in 2024 as a DeFi protocol and cryptocurrency company by US President Donald Trump to be managed by his sons Eric and Donald Trump Jr. The crypto initiative recorded the successful launch of the WLFI token in October 2024,…