Author: cointechies
Important points Ripple announced the launch of the RLUSD stablecoin on December 17, 2024. The XRP token surged 8% on the RLUSD news, reaching $2.56 with a market cap of $146 billion. Share this article Ripple has officially announced that its USD-backed stablecoin, Ripple USD (RLUSD), will be launched on Tuesday, December 17, 2024.Initially, the stablecoin will be available on exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA, with additional listings expected in the coming weeks on Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more. .According to Ripple's press release, RLUSD will be fully backed by US…
‘Something great with crypto:’ Trump affirms bitcoin reserve American Banker
Ripple announces launch of RLUSD stablecoin Fortune
Check out the latest information in Spanish. Bitcoin hit $106,500 just a few hours ago, setting a new all-time high and setting the stage for an even bigger move. After weeks of trading in a sideways range within an ascending triangle, the price finally broke through the key resistance level set on December 5th at $103,600. This breakthrough has sparked renewed excitement, with traders and investors now focusing on Bitcoin's next potential target. Related books Top analyst Jere shared his insights on X, highlighting that Bitcoin’s breakout of the ascending triangle is a clear bullish signal. According to his technical…
Mapped: Crypto Ownership Growth by Region Visual Capitalist
Important points Ethena Labs launches USDtb, a stablecoin backed by BlackRock's BUIDL, and will maintain 90% reserves in BUIDL. USDtb operates independently from USDe and is available on Ethereum mainnet, Base, Solana, and Arbitrum through LayerZero integration. Share this article Ethena Labs has launched a new stablecoin USDtb backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).The stablecoin remains pegged to the US dollar and holds 90% of its reserves in BUIDL, issued by BlackRock. It was developed in partnership with Securitize, a leader in real-world asset tokenization.“Given the rapidly accelerating demand for various stablecoin options, there is a clear…
Dogecoin price fell below $0.40 on Monday and has fallen 15% in the past seven days. Trading volume for major meme coins has fallen by $14.84 billion since Dec. 6, hitting a 40-day low of $5.29 billion on Sunday. DOGE open interest also decreased in the derivatives market, suggesting a growing lack of interest from short-term traders. Despite Bitcoin prices hitting new all-time highs, Dogecoin prices fell below the $0.40 support on Monday and have fallen 15% in the past seven days. DOGE has struggled to find new buyers since hitting a three-year high on Dec. 9, according to key…
New York, USA, December 16, 2024, Chainwire To celebrate innovation, Forbes Web3 proudly features community members with Forbes Legacy Passes in our December 2024/January 2025 issue. The Forbes Legacy Pass is more than just a membership, it's a transformative experience that connects a global collective of entrepreneurs, founders, and creators. This grants members exclusive access to global Forbes Web3 events, access to hand-picked artist drops, and access to a global community of thinkers and doers. To learn more about Forbes Legacy Pass and to claim a spot, users can visit Forbes Legacy Pass. Forbes Legacy Pass Member ListApply for Forbes…
Palo Alto, CA, December 16, 2024, Chainwire This partnership will establish the first AI x Web3 Lab at Stanford University's Future of Digital Currency Initiative. Stanford University's Future of Digital Currency Initiative (FDCI) and Eliza Labs, developer of the open-source Eliza agent framework, today announced a new project to explore how autonomous AI agents will transform digital currency systems. Announcing a groundbreaking research partnership. The collaboration, scheduled to begin in the first quarter of 2025, will combine Stanford University's expertise in digital currency research with Eliza Labs' cutting-edge capabilities in autonomous agent development. Leveraging Eliza Labs' open source Eliza framework…
Bitcoin at $100,000 Lures Long-Time Crypto Holdouts to Finally Buy Bloomberg