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XRP is one of the top performers, looking at the performance over the last three weeks. After sinking below $0.40 in early July, the coin has rebounded sharply, adding 60%. As the coin outperforms leading altcoins like Solana and Ethereum, for example, there could be more room for growth. Is XRP Ready For $150? Analyst Thinks So From the daily chart, XRP is trending above key reaction levels. Notably, the close above $0.55 (now key support) reversed losses posted in mid-April. Additionally, the confirmation of recent gains and the close above $0.62 earlier today could spur demand, extending gains toward $0.74 and eventually $1. Related Reading Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash 7 hours ago As optimism reigns, one analyst on X thinks the coin is preparing for sharp gains in the coming weeks and ...

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price , suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs , with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with Hall of Flame that he doesn’t see Ethereum “doing that well” for the next few months. The analyst believes that ETH will suffer a similar fate to the rest of the crypto market as Bitcoin sucks up all the liquidity while altcoins continue to trade sideways due to this.  Related Reading Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs 19 hours ago As such, Roman doesn’t expect the ETH price to enjoy any parabolic rally until traders begin to rotate their capi...

A fake news story circulated today about Russia’s supposed embrace of bitcoin mining and crypto payments. According to excited social media posts, after the lower house of Russia’s legislature passed a bill, Russia “embraces crypto,” “formally legalizes cryptocurrencies,” “has approved a bill on cryptocurrency mining,” and will “legalize bitcoin and crypto as a foreign currency.” The news was barely — if at all — true. But this time, the fake news wasn’t Russia’s fault. LETS GET READY TO RUUUUUMMBBLLEEE. https://t.co/w4iCFvb0UH — Tyler (@TylerDurden) July 30, 2024 Everyone was very excited about Russian crypto news that didn’t happen. Read more: No, Saudi Arabia isn’t ditching the dollar for Ripple in its oil trades The doctored media were not a purposeful, Kremlin misinformation campaign . Instead, the public simply doesn’t understand Russia n law or the Kremlin’s long history of making ceremonial or vacuous announcements regarding crypto use. Wha...

Last week, Bitcoin Lightning developer Jordi Montes disrupted the US presidential campaign trail and the largest Bitcoin gathering in the world by trying to hide his cigarette lighter inside a conference hall. Bitcoin 2024 organizers scheduled Donald Trump to speak on Saturday, July 27 at 2:00pm and as the majority of the conference’s 20,000 attendees queued to enter Nashville’s Music City Center main stage — some of whom had paid $60,000 for a selfie or $844,600 for roundtable seating — secret Service agents made everyone wait an extra hour. Montes, however, was allowed to enter the main stage area via exit doors , bypassing security scanners and pat-downs. Unsurprisingly, cameras caught his trespass and within seconds, he had been identified via facial recognition. But this wasn’t the only suspicious behavior caught on camera. To avoid giving up his cigarette lighter at one of the venue’s security checkpoints, Montes had found a place to stash it in anoth...

With Donald Trump making an appearance at the Bitcoin Conference 2024, he discussed the leading crypto’s potential as a reserve currency. The BRICS nation’s response to that proposed US Bitcoin strategy, and what it could mean for the US dollar, may be poised to surprise many. Trump has been outspoken about the crypto since his reelection campaign started gaining steam. Moreover, he previously discussed the importance of the United States’ role in the sector. Specifically, he called on the country to lead the globe. That message was reiterated by the 45th President at the conference this weekend. Source: Watcher.Guru Also Read: BRICS Expansion: New Country Shows Interest To Join the Alliance China’s Interesting Answer to Trump’s BTC Strategy The last several years have seen the BRICS bloc embrace de-dollarization on a global scale. The grouping has not been shy about its stance on the Western currency. They have continually struck deals that promote the ...

In this episode, we talk with Smokey, the co -founder of Bera chain , about the unique aspects and transformative potential of Bera chain within the block chain ecosystem. Smokey provides insights into how Bera chain ’s proof of liquidity model enhances security and incentivizes liquidity. He discusses the EVM-identical nature of Bera chain , the use of Comet BFT consensus for single slot finality, and the two-token system of $BGT and $BERA. Smokey also highlights Bera chain ’s evolution from an NFT community , the challenges and innovations in airdrop design, and the role of native dApps in setting a quality baseline for the ecosystem. The conversation concludes with a discussion on the positive flywheel effect and the future of Bera chain . Audio-to-text conversion uses GPT, and there may be errors. Please listen to Youtube for the full podcast： YouTube Introduction and Background of Berachain Berachain is an EVM-identical Layer 1 blockchain built on proof of liquidity, which e...

The US dollar remains unstoppable in July and is throwing its weight in the currency markets. The local currencies of BRICS nations are falling like a pack of cards this month against the USD. This comes even after the BRICS alliance kick-started the de-dollarization campaign to pull the US dollar down from the world’s reserve currency. Also Read: India Wants New BRICS Payment System To Bypass US Dollar BRICS member India’s local currency, the rupee has fallen to an all-time low of 83.74 on Friday’s closing bell. The US dollar is ravaging the rupee in the currency markets making it plummet in the charts. Recently, even the Chinese yuan dipped to a seven-month low while the Japanese yen is at its 1990s low. BRICS: US Dollar Hammering Local Currencies in the Forex Markets Source: Finbold The US dollar spiked in value and trounced local currencies despite BRICS initiating the de-dollarization agenda on a global scale. The Indian rupee is another casualty of a stronge...

Starting yesterday, July, 26, 2024, all traffic through roads, flights and rails has been heading to Paris, France for the highly anticipated Olympics 2024 games. In the same hype, the Sandbox has prepared a parallel sports event in the metaverse, which will allow participants to feel the same experience. The Sandbox Prepares Sports Events In The Metaverse In a July 27 blog post, the Sandbox confirmed gearing up for the biggest sports events in the metaverse. The Sandbox will allow participants of various sports to claim team uniforms before the end of the month. The Sandbox has also prepared exclusive and rare NFTs for avatar owners. Gear up for the biggest sports events in the metaverse – The Sandbox Team Uniforms are yours to claim before the end of the month! 🏋️ Exclusive and rare NFTs for Avatar owners. Get them now! https://t.co/0xQUFSRQic pic.twitter.com/ggsu06vIcR — The Sandbox (@TheSandboxGame) July 27, 2024 The Sandbox Metaverse is an online ...

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an Analysis from Matrixport. Spot Ethereum ETFs Triggers Selling Following the launch of the Spot Ethereum ETFs, there was a lot of excitement in the market, especially around the fact that investors could now gain exposure to ETH without having to directly buy the underlying token. However, this excitement has been short-lived as days after the launch, the ETH price continues to struggle. Related Reading End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts 1 day ago ...

Blockchain technology no doubt is going to be a game changer in the financial sector, and indeed, cross-chain payment stands as one of the most creative inventions. Traditionally, transferring assets between two blockchains has been rather convoluted and inefficient, often involving intermediaries that eventually increase the costs and cause delays. Cross-chain payment resolves these issues by allowing seamless and direct transactions across more than one blockchain network. Interoperability protocols in cross-chain technology empower blockchains to not only communicate with each other but also securely and efficiently transfer assets from one blockchain to another. This, in turn, increases transaction speed and reduces costs, opening DeFi applications to much more. Now, the transferring of assets is free across different platforms, unlocking more potential within trading, lending, and investment opportunities. This enhances liquidity and thus accessibility within the blockchain ecosys...

ASEAN nations have played quite an active role in voicing their views about the US dollar. The majority of the nation’s citizens have started to ditch the USD for trade, streamlining the local currency agenda. In this wake, Indonesia has adopted a new approach by preparing a de-dollarization task force to promote the usage of local currencies and limit the usage of the US dollar in its trade procedures. Also Read: 10 ASEAN Countries Ready To Ditch The US Dollar For Trade Indonesian De-Dollarization Task Force To Promote Rupiah Rather Than US Dollar Source: Pixlok In its quest to promote its local currency, the rupiah, Indonesia had prepared a special de-dollarization task force. This new force comprised credible government entities and organizations that would push the usage of the rupiah on a global level and, at the same time, limit the usage of the dollar to promote its local currency. The Bank of Indonesia, alongside Indonesia’s Financial Services Authority, the Deposit Insu...