Author: cointechies

David Schwartz, Ripple's chief technology officer, said that XRP's rise to become the third most popular cryptocurrency coincided with him officially reaching 12 years with Ripple. said. XRP continued its wild rise on Sunday, surging more than 28%. The token hit a multi-year high of $2.48.The Ripple-owned cryptocurrency currently ranks third in terms of market capitalization, surpassing stablecoin giants Tether (USDT) and “Ethereum killer” Solana (SOL).It almost fell out of the top 10 following the SEC lawsuit against Ripple, but managed to regain one of the top spots. Still, the controversial cryptocurrency has a long way to go before it…

XRP Beats Solana To Become 4th Largest Crypto By Market Cap On Ripple’s RLUSD Stablecoin Approval Buzz  Benzinga

Payments-focused cryptocurrency XRP XRP/USD overtook Solana SOL/USD to become the fourth-largest cryptocurrency after a strong rally on Sunday. What happened: The coin surged more than 26% in the past 24 hours, regaining the $2 level for the first time in nearly seven years. The coin's market capitalization exceeds $136 billion, dropping Solana from fourth place among the largest cryptocurrencies by valuation. The recent rally has pushed XRP’s year-to-date gain to 286%, significantly outpacing Bitcoin BTC/USD and Ethereum ETH/USD. SEE ALSO: Ethereum Rally Is Overshadowed by Huge Gains in Cheaper Plays: Why Are ENS and ETC Soaring Today? The rally was…

Crypto Millionaire Hides $2 Million Treasure Across US. Here’s How To Find Them  NDTV

Aeon, a blockchain payment protocol, has launched payment authorization functionality powered by the TON blockchain infrastructure. This innovation aims to simplify transactions by allowing users to seamlessly authorize payments and eliminating repetitive steps in the payment process. According to the company, this development highlights the practicality of blockchain technology in everyday scenarios. The first implementation of this feature can be seen in ShareX's Telegram mini-app, where Aeon facilitates a more efficient rental process for power banks. This integration highlights blockchain's potential to power everyday transactions by providing a streamlined and secure solution. How the authorization process works Aeon's authentication system…

Bitcoin prices hovered around $96,000 on Monday after recovering from last week's decline. Ethereum price ended above weekly resistance at $3,454, indicating a move towards $4,000. Ripple price extended its gains on Monday after rising more than 60% in the previous week. Bitcoin (BTC) consolidated on Monday after recovering from last week's decline. At the same time, Ethereum (ETH) and Ripple (XRP) extended their gains as investors reallocated capital from BTC to altcoins, suggesting the upward momentum could continue. Bitcoin will stabilize after recovery Bitcoin prices experienced a 7% correction last week, dropping to $90,791 before recovering to $97,000 by…

Dogecoin is on pace to rise above the support at $0.4250 against the US dollar. DOGE is trading in a bullish zone and is likely to cross the $0.50 resistance soon. DOGE price started a new rally above the $0.440 level. The price is trading above the $0.4350 level and the 100 hourly simple moving average. On the hourly chart of the DOGE/USD pair, a major bullish trend line is forming with support at $0.430 (data source: Kraken). If the price can break through the resistance levels at $0.4600 and $0.4640, the price could move higher. Dogecoin price regains momentum…

Risk-averse investing in cryptocurrencies may sound contradictory, but some U.S. exchange-traded fund providers have plans to let investors make just such investments.Four asset management companies have applied to U.S. regulators to create an ETF that would invest in Bitcoin but use derivatives to minimize or completely prevent potential losses.Todd Rosenbluth, head of research at consultancy TMX VettaFi, said, “Given Bitcoin's meteoric rise this year, many investors regret missing out on their investments because they were nervous about the cryptocurrency's volatility.'' I would have done so,” he said. “These pending downside protection ETFs will allow more people to add Bitcoin exposure…

Expanding market leadership across the Middle East, Southeast Asia and Africa with AI and Metaverse solutionsSEOUL, South Korea , Dec. 2, 2024 /PRNewswire/ — Founded in 2021, Morphing I, a global leader in AI-based infrastructure solutions, integrates cutting-edge technologies such as AI, blockchain, and Metaverse. We are redefining industry standards. The company is expanding its market presence across the Middle East, Southeast Asia and Africa, achieving significant milestones in countries such as Tunisia, UAE, Singapore and Vietnam. Kyoung Min Lee, CTO of Morphing I, presents at IFA 2024. Morphing I has achieved an important milestone in the global market. At…

Kraken, a prominent global cryptocurrency exchange, has announced its decision to shut down its NFT marketplace by February 27, 2025. The platform has already stopped accepting new listings, and users will be able to withdraw their NFTs to external wallets until the closure date. The move signals a strategic shift as Kraken prepares to focus on advancing blockchain technology. NFT market decline affects decision-making The decision to discontinue the marketplace reflects broader challenges in the NFT sector. After experiencing explosive growth in 2021 and early 2022, NFT sales volumes have steadily declined over the past year. The downturn has caused…