In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like to call it Real USD… Ripple USD”. This development marks a […] Source CryptoX Portal
Pepe (PEPE), the popular frog-themed meme coin, has outshined most of the popular memecoins with an 11% surge in the last 24 hours. At the time of writing, PEPE was trading at $0.0000129, with a trading volume of $1.27 billion over the past day. The memecoin has surged by 50% over the last seven days and a massive 1372% over the last year. PEPE 24-hour price chart | Source: CoinMarketCap The crypto asset’s market cap has also risen by 9%, currently holding at $5.43 billion. However, the token is still…
Beercoin price is soaring while Bitcoin and major altcoins are dumping. The $BEER token soared to a record high of $0.000572 and is up more than 700% from its lowest point last week. This surge has brought its market cap to over $276 million, making it one of the top Solana meme coins. Beercoin holders are growing Beercoin, a recently launched Solana meme coin, is doing well as the number of holders jump. According to the developers, there are now over 40,000 holders and the number is growing by the…
The crypto market is heating up, with the overall market cap rising by 12% over the last month. So what’s the best crypto to buy right now? The answer, as always, is that it depends. Your risk appetite, goals, and the balance of your overall portfolio will likely inform your choice. We can, however, show you some interesting options! How to choose the best crypto to buy right now Here are a few common factors we take a look at when assessing the best altcoins to buy now. Market Capitalization…
Binance Coin (BNB) price has suffered a harsh reversal this week as sentiment in the crypto and stock industries worsened. The BNB token dipped to a low of $600 on Tuesday, down from an all-time high of $724. Binance Coin token sold off this week as investors embraced a risk-off sentiment following last week’s strong nonfarm payrolls (NFP) data. The downturn coincides with Bitcoin gravitating towards the $65,000 level while Ethereum dipped below $3,500. The total market cap of all digital coins crashed by over 3% in the past 24…
Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The partnership is aimed at integrating Bitwala’s services with Curve’s digital wallet. Users can add Bitwala to their Curve Wallet and avail a 1% cashback offer on their purchases for 30 days. The Curve card can […] Source CryptoX Portal
Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian exports in the unfriendly states’ so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing Russia’s shift towards using the ruble and local currencies […] Source CryptoX Portal
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned: “If the U.S. doesn’t keep its house in better order, dollar dominance will be the least of our worries.” Experts Discuss US Dollar’s Dominance Steven […] Source CryptoX Portal
The United States has started a forfeiture complaint to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig-butchering scam. The funds in question are linked to two pig-butchering scams that defrauded an anonymous victim of over $1 million. Documents filed in the District Court of Columbia detail this information. According to the documents, the USDT in question is suspected to be proceeds from “wire fraud, wire fraud conspiracy, money laundering, and money laundering conspiracy.” The two scams The documents describe how an anonymous victim…
Solana (SOL) and Dogecoin (DOGE) are struggling with bearish pressure as the broader crypto market mirrors Bitcoin’s price decline. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is flirting with a key level while Dogecoin is trading lower inline with the broader altcoin sector. Solana price today After dipping nearly 9% in the past 24 hours, Solana price is below $150. The tumble to lows of $145 for the 5th-ranked altcoin by market cap has an analyst saying that SOL price is at a “make or break” zone.…