Day: July 24, 2023

Why is XRP price down today?

boss

XRP (XRP) price is down today, mirroring trends elsewhere in the cryptocurrency market as traders await the Federal Reserve rate decision in the week. XRP price drops amid rising dollar strength On July 24, XRP price dropped 8% to $0.68, underperforming the crypto market’s 3.5% decline on the same day. The XRP/USD pair declined amid growing expectations that the Fed would raise interest rates by 25 basis points in its July 25–26 meeting. XRP/USD vs. the crypto market’s daily performance chart. Source: TradingView A higher-rate environment is considered bad for…

Zeebu (ZBU) Token Goes Live for Trading on LBank Exchange

boss

July 23, 2023 – Dubai, United Arab Emirates The world’s first loyalty token tailored for telecom carrier businesses – Zeebu (ZBU) – has been successfully listed on global cryptocurrency exchange LBank. From today, users of the LBank Exchange can officially trade the ZBU/USDT trading pair. The milestone marks a significant step in the journey of Zeebu, whose goal is to empower telecom carriers with loyalty rewards and streamline invoice settlements within its ecosystem. Listing details Trading pair – ZBU/USDT Start deposit – 07:00 UTC on July 21, 2023 Start trading –…

Binance Embraces Worldcoin: Altman’s Orb-Based Project Goes Live on Major Exchange

boss

Binance has announced that it would be launching the Worldcoin token, the principal digital asset of the Worldcoin project, co-founded by the brilliant AI programmer and entrepreneur Sam Altman. Worldcoin’s introduction on Monday received a lot of attention from the cryptocurrency community due to its novel approach to resolving issues of identification and wealth disparity. Released in May, Worldcoin’s World App is a gas-free crypto wallet that showcases the company’s commitment to innovation after its transition from Polygon to Optimism. Binance is adding two new spot trading pairs for the Worldcoin…

Bitcoin whale exchange inflow share hits 1-year high — over 40%

boss

Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode shows that contrary to popular belief, opportunistic entities are the most active whales. The birth of the Bitcoin “short-term holder” whale Since BTC price action returned to $30,000, a shift has taken place among Bitcoin traders. As Glassnode shows, so-called short-term holders (STHs) — investors holding coins for a maximum of 155 days — have become significantly more common. As…

Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin

Buterin argues first that scanning one’s iris could potentially release more information than intended. For instance, if someone else scans a World ID holder’s iris, they can run it against the Worldcoin database to determine – at the very least – whether that person is in the system. In addition, Buterin says World IDs won’t be readily accessible to everyone, since getting ahold of an “Orb” device can be difficult. Source

What criminal charges for Celsius ex-CEO mean for crypto industry

boss

Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets. All that came crashing down in June 2022 amid major flaws in the company’s working structure. The bear market in 2022, especially the Terra ecosystem implosion in May, exposed Celsius’ fragile business model, which was highly dependent on its native CEL (CEL) token and the high staking rewards it offered. The price of CEL fell dramatically in June after…

Through It All, the Bitcoin Mining Industry Looks Set for Growth

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

Traders bullish on Bitcoin and InQubeta, expect new highs in 2023

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors are considering Bitcoin and InQubeta as potential additions to their portfolios due to their growth prospects in 2023. As the first mainstream cryptocurrency, Bitcoin has maintained its popularity and currently holds a market cap of over $500 billion. It primarily functions as a transactional network, facilitating the transfer of value. On the other hand, InQubeta serves as a utility in both the real and crypto worlds. It addresses the accessibility challenges of traditional investment firms by offering…