Month: November 2024

Ripple labs is preparing to launch its regulated stablecoin, RLUSD, following indications that New York’s top financial regulator, the Department of Financial Services (NYDFS), is poised to approve the product. If approved, Ripple will be able to issue its stablecoin under a limited-purpose trust charter. This will position the company as a key player in…

Hedera (HBAR) price has seen a bullish shift in the last 24 hours, with the price shooting to a 2-year high of $0.1808 before facing resistance. Despite the resistance, the HBAR price at press time was trading at $0.1823, a 25% surge from the intra-day low. During the rally, HBAR’s trading volume and market capitalization…

An intriguing move has grabbed the crypto community’s attention: huge Solana tokens have been withdrawn in the past two days. Lookonchain flagged the movement today November 29, 2024. Such huge transfers of Solana coins have elicited rumors about the objective behind the move and its possible effect on the market. According to Lookonchain, large crypto…

Ripple is on the brink of launching its regulated stablecoin, RLUSD, with approval from the New York Department of Financial Services (NYDFS) expected soon.  According to FOX Business reports, the company has tentatively planned a December 4 launch. This will mark a significant step in Ripple’s expansion into New York’s tightly regulated digital finance space….

CryptoQuant community analyst Maartunn highlighted that XRP’s current price increase is a “leverage-driven pump,” with a similar event in the past ending in a 17% correction.  According to CryptoSlate data, XRP was priced at $1.72 as of press time, up 16.4% over the past 24 hours to become one of the best-performing crypto in the…

Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin. As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been…

Top analysts state that with the Dogecoin price upswing, ADA breaking above $1, and PCHAIN’s promising growth, these projects could create the next wave of crypto millionaires. #partnercontent

Stellar (XLM) price has surged over 400% in the last 30 days, marking one of the most significant rallies in November. After reaching $0.63, its highest price since 2021, XLM now faces potential consolidation as its trend indicators show signs of weakening. Despite this, the uptrend remains intact, supported by strong market interest and bullish…

Tron price is facing pressure amid mixed market sentiment and whale embrace. Tron’s utility and adoption continue to rise, with a user base of over 271 million accounts. A recent analysis shows that Tron (TRX) could see a defined price correction amidst selling pressure in the derivatives market and declining whale activity. TRX’s price, however,…

PNUT price is gaining attention as one of the top 10 biggest meme coins in the market. The token has shown signs of bullish momentum, with its ADX rising and RSI nearing overbought levels, suggesting room for continued growth. If the uptrend strengthens, PNUT could test $1.87 and even $2.50, challenging POPCAT’s position in the…