A global think tank proposed Amazon to include Bitcoin into its strategic reserve by next year. This proposal is the same as Microsoft’s proposed by Michael Taylor a few weeks ago. The National Center for Public Policy Research, an independent global conservative think tank based in Washington D.C, has proposed the Bitcoin (BTC) strategic reserve to the 5th world’s largest company, Amazon. This proposal aims to bid the cash and cash equivalent of the company, which accounts for $88 billion that includes the U.S. government, corporate, and foreign bonds, to…
Day: December 8, 2024
Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation
Este artículo también está disponible en español. Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks. The move has sparked renewed optimism among traders and investors who see potential for further upside. Related Reading Key data from blockchain analytics firm Santiment highlights that Dogecoin, along with other meme coins, is experiencing mini breakouts this weekend. This trend suggests increasing bullish momentum in…
Big Banks vs. Bitcoin: The Battle for Financial Freedom
For decades, the big banks have had us all on a leash. They control our savings, dictate our loans, and profit off the very money they “lend” us—money they didn’t even have to begin with. If you think about it, it’s an elaborate game of Monopoly where the banker always wins, and the rest of […] Original
Experts predict Ripple to reach $7, Cardano to $1.4, and AI coin to $0.1 in crypto surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin tops $100M, analysts predict a market rally, with XRP at $7, ADA at $1.4, and IntelMarkets eyeing $0.1 soon. The crypto market is again on the verge of a massive rally as Bitcoin crosses $100m. Analysts predict this surge could cause a ripple effect across the market, pushing altcoins to new levels. While Ripple (XRP) could rally to $7 and Cardano (ADA) to $1.4, it is this…
XRP’s $149B Power Play: Tokenization, Defi, and a Regulated Stablecoin
XRP, with a market cap of $149 billion, isn’t just a heavyweight in cryptocurrency—its distributed ledger network has been diving headfirst into tokenization and decentralized finance (defi). Meanwhile, Ripple is turning heads with the forthcoming launch of its much-anticipated stablecoin, ripple usd (RLUSD). A Focus on RLUSD and Defi Marks Strategic Shift for XRP Ledger […] Source CryptoX Portal
Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Bitcoin milestone, Trump nominates new SEC chair, Solana ETFs, Cardano | Weekly Recap
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today’s edition of the weekly recap. Bitcoin breaches $100,000 Trump’s SEC pick and crypto czar… Original
Latam Insights: Bolivian Crypto Market Overheats, Chile Belittles Bitcoin
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, the Bolivian cryptocurrency market keeps growing after the repeal of a blanket ban, the Central Bank of Chile rejects bitcoin, and Bolivian attorneys propose implementing USDT to invigorate the Bolivian economy. […] Original
Why Paul Atkins, Trump’s SEC chair pick, gives crypto hope
With Paul Atkins expected to take over as chair of the U.S. Securities and Exchange Commission (SEC), is this the regulatory lifeline crypto has been waiting for, or just another chapter of empty promises? Goodbye, Gensler. Hello, Atkins President-elect Donald Trump has nominated Atkins to lead the SEC. The announcement sparked optimism across financial circles—particularly within the crypto community. A renowned regulator with extensive experience, Atkins has been selected to bring a fresh perspective to the SEC at a time when innovation and regulation are locked in a critical tug-of-war. …
Technical Analysis Puts XRP Price Above $5 In Next 3 Days
Este artículo también está disponible en español. The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally. Related Reading Interestingly, on-chain data shows that XRP whales have taken advantage of this dip to stock up their holdings to essentially prevent further price declines. With this in mind, technical analysis of the…