Author: cointechies
An experienced investor has warned of the dangers of cryptocurrencies after losing more than £1 million to scammers.The retired widow, who wishes to remain anonymous, has been investing in stocks, funds and real estate for years and first heard about Bitcoin in 2019. After her husband died, she moved into a small house, but spent more than two years being led to believe in a fake scam. An “investment advisor” who invests sales proceeds in virtual currencies.The advisor showed her that the value of her investment had doubled, so she sold some of her shares so she could buy more…
Ethereum price today: $3,600 Ethereum CME open interest growth hits record high. Ethereum USDT supply recorded its highest monthly growth of 27% in November. After breaking above the key downtrend line, ETH could extend its rally and test the year-to-date high resistance at $4,093. Ethereum (ETH) was trading near the $3,600 level on Friday, potentially triggering a rally that tests the year-to-date high resistance at $4,093. This rally is being driven by increased open interest on the ETH Chicago Mercantile Exchange (CME) and increased USDT supply on the main chain. ETH CME Reaches New Milestone, Ethereum USDT Supply Surges 27%…
Analyst warns of ‘leverage driven pump’ as XRP price soars CryptoSlate
The cryptocurrency market is set to unlock $3.5 billion worth in December. Tokenomist data reveals that $574 million was unlocked among several crypto projects next week. Jito will be the main focus of the $490 million supply increase unlock. Tokenomist data on Friday reveals that the crypto market will witness another week of heavy cliff unlocking worth more than $570 million as part of December’s large $3.5 billion supply injection I made it. ADA, NEON, JTO will rise on the back of future supply increase As the cryptocurrency market approaches the final months of 2024, several tokens are preparing to…
Important points Ripple plans to receive NYDFS approval to issue the RLUSD stablecoin through a limited purpose trust charter. Ripple’s XRP has overtaken BNB to become the fourth-largest cryptocurrency by market capitalization. Share this article According to a report from Fox Business, Ripple plans to seek approval from the New York Department of Financial Services (NYDFS) to launch the RLUSD stablecoin, which will allow it to enter the US crypto market.The regulatory approval will allow Ripple to operate as a key player in New York's regulated digital financial market and the broader stablecoin ecosystem.The report indicates that NYDFS is expected…
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market Fox Business
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market Fox Business
Important points Due to high demand for AI agents, the market cap of Virtuals Protocol’s native token has reached $1.4 billion. The TVL of the base blockchain reached $3.5 billion, overtaking Arbitrum to become the largest player in Ethereum Layer 2. Share this article Virtuals Protocol, the AI agent deployment ecosystem, has reached a peak market cap of $1.4 billion as the AI agent story expands beyond Solana and into Base.VIRTUAL, the platform’s native token, has surged 150% in value over the past week due to growing demand within the ecosystem.Base, the blockchain underlying Virtuals Protocol, has also seen a…
Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Is the era of central bank independence nearing its end? Now that Donald Trump is back in the White House, questions are being asked. The president-elect has made no secret of his desire to bring the Federal Reserve, the world's largest guardian of the reserve currency, to its knees.Of course, the benefits of an independent central bank can be overstated. Central bankers created persistently low inflation during the 1990s and 2000s, the era of Great Moderation, when in fact price stability was primarily a…
Chainlink has changed the game for decentralized oracles. Connect smart contracts with real-world data to make blockchain a better place for all of us. As Bitcoin gears up for a rally to $100,000, investors are watching to see if Chainlink (LINK) can maintain and maintain its place in the big leagues. Chainlink, which was launched in November 2017, hit an all-time high of $52.70 in 2021 and is currently trading around $18.49 (at the time of writing). Chainlink historical price chart, |Source: Tradingview In this article, we discuss Chainlink price prediction by providing short and price predictions and explore whether…