Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […] Source CryptoX Portal
Month: September 2024
Ethereum and Cybro poised for dominance
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto expert predicts Bitcoin could drop to $40,000. Meanwhile, Ethereum and Cybro are set to challenge its dominance. A seasoned expert in cryptocurrency signals a potential drop for Bitcoin to $40,000. The focus shifts as Ethereum and a rising contender, Cybro, are poised to challenge Bitcoin’s supremacy. Discover which digital coins are gearing up for a surge and might redefine market leadership. CYBRO defies market headwinds, empowering DeFi…
Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision
Este artículo también está disponible en español. The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the court’s decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the uncertainty about its regulatory clarity. Related Reading SEC May Appeal Ripple Court Ruling In an X (formerly Twitter) post on September 26, Fox Business journalist Eleanor Terrett revealed…
Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’
Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju, […] Source CryptoX Portal
UNI Surges 30% Amid Ongoing On-Chain Development Talks
Este artículo también está disponible en español. Uniswap’s UNI has grown in favor of investors as the token continues its upward trajectory in the face of crucial on-chain developments. According to CoinGecko, the token surged 30% since last month, keeping the token on the green zone. With the market’s renewed bullishness, UNI might be on the road for some gains in the short term. Uniswap recently announced a development that may enhance user experience in using the platform altogether. Investors are excited as the platform continues to find innovative ways…
US License Expiration Imperils Russia-China Trade in Chinese Yuan
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions and Russia’s de-dollarization efforts. Chinese banks are wary […] Source CryptoX Portal
Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes
Este artículo también está disponible en español. Doggy-themed meme coin, Shiba Inu (SHIB), could be gearing up for a major rally to new all-time highs this bull cycle. Given the cryptocurrency’s recent bullish performance, analysts predict that Shiba Inu can surge above its all-time high of $0.000086. Shiba Inu Targets New All-Time Highs The price of Shiba Inu recently jumped from around $0.00001 to $0.00002. This significant price increase occurred in the last few weeks, hinting that the popular meme coin may be getting ready for a parabolic rally in…
Worldcoin Launches in Guatemala, Poland and Malaysia Introducing Face Auth
Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online. The organization also debuted a new tech called Face Auth, which allows apps to check if the previously registered person is the one using […] Source CryptoX Portal
Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
QCP Capital: Risk Assets Rise on Global Stimulus Outlook
According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors contributing to the uptick, including economic support from China and interest rate expectations in the United States and Japan. Global […] Source CryptoX Portal