XRP is trading at $2.614 to $2.645 per coin over the last sixty minutes with a market capitalization of $152 billion, a 24-hour trade volume of $16.82 billion, an intraday price range between $2.25 and $2.78, and a gain of over 12% against the U.S. dollar in the past day. XRP The one-hour chart indicates […] Source CryptoX Portal
Bitcoin and most altcoins pulled back on Tuesday as cryptocurrency traders awaited the upcoming David Sacks press conference. Bitcoin (BTC) hovered around the $100,000 mark, while most blue-chip altcoins like Ethereum (ETH), Cardano (ADA), and Ripple (XRP) were barely moved. Smaller names like Raydium, Official Melania Meme, Bittensor, and Aerodrome Finance were the best-performing coins. A likely reason for this market performance is the renewed trade war between the U.S. and China, which could lead to inflation. The U.S. has implemented a 10% tariff on Chinese imports, while China has…
Timothy Morano Feb 04, 2025 14:40 The FinCEN Database’s mass financial data collection raises privacy concerns. Blockchain is proposed as a more secure alternative, according to a16z crypto. The extensive collection of financial data by the Financial Crimes Enforcement Network (FinCEN) has sparked significant privacy concerns, according to a16z crypto. The FinCEN Database, which receives more than 25 million reports annually from financial institutions, collects data on various financial activities, often without suspicion of illegality. This practice, rooted in the Bank Secrecy…
While reports indicate that Canada and Mexico may be spared the tariffs instituted by the Trump administration, China was not included in those analyses. China was hit with a 10% tariff on imports beginning this week, which applies to all goods imported from China. Trump’s Trade Strategy Meets China’s Defiant Response Markets improved on Monday […] Source CryptoX Portal
Este artículo también está disponible en español. Dogecoin is beginning to regain momentum after a sharp drop in the early hours of January 3, a move that liquidated many traders who had been betting on continued upside. This decline wasn’t just another pullback, as it marked the most significant Dogecoin price drop in six months. As noted by technical analyst Kevin (@Kev_Capital_TA), Dogecoin has just completed its second major correction in this ongoing bull cycle. Notably, the next move is a push towards $1 for Dogecoin. However, whether this recovery…
Hong Kong’s Securities and Futures Commission (SFC) is looking to increase its headcount, with more than half the added roles dedicated to regulating crypto, according to a two-year budget plan presented to the Legislative Council, the region’s legislative body known as Legco. Despite freezing its headcount in three of the five financial years since 2020, it is looking to add another 15 people, eight of whom will be dedicated to crypto as the regulator furthers its commitment to regulate the industry. “Eight of the proposed new headcount is for enhancing…
Ethereum and Solana have bounced back into full recovery mode after Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico, signaling bullish times for meme coins. Since yesterday, $ETH has spiked from $2.5K to $2.7K, and $SOL has rebounded from $183 to $209. Why? Because when global trade tensions ease, traders often feel more confident to invest in riskier assets, like crypto. Further highlighting a bullish market reaction to the news, the Crypto Fear & Greed Index is back in the green zone. Over the past 24 hours,…
Cardano’s (ADA) bullish momentum is losing steam as bearish pressure mounts, forcing the price to retreat from the critical $0.8119 level. After a promising attempt to push higher, ADA bulls are now struggling to maintain control, with sellers stepping in to reclaim dominance. The recent rejection of this key resistance suggests that downward pressure is building, raising concerns about whether the altcoin can hold its ground or slip further. With technical indicators hinting at growing weakness, the focus now is on the next support zones to determine if a deeper…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Federal Reserve has a tall order: protecting the US dollar, which is quickly losing its value as BRICS nations explore a post-dollar world. From the Federal Reserve’s perspective, the outlook is unclear because Trump’s policy plans remain unclear. As far as anyone knows, a severe market crash à la 2008 could be on the horizon. The business cycle theory suggests these crashes are a natural part…
The ETF trading week began with a slight shift in investor sentiment, as capital moved away from bitcoin ETFs and favored ether ETFs. Bitcoin ETFs Lose $235 Million While Ether ETFs Attract $83.5 Million On Monday, Feb. 3, the U.S. spot exchange-traded fund (ETF) trading action saw investors leaning more toward ether ETFs than bitcoin […] Original