ETHDublin Kicking Off This Weekend

PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon and conference, builds on the success of last year’s event with repeat sponsorship from the Fidelity Center for Applied Technology (FCAT). Throughout the hackathon and conference, there will be eight workshops to support the various bounties available, […] Source CryptoX Portal

Ripple CTO Addresses Curious Price Link Between XRP And XLM

In an exchange on X, Ripple‘s Chief Technology Officer (CTO), David Schwartz, also known as JoelKatz, responded to queries about the strikingly similar price movements of XRP and Stellar (XLM). This discussion has brought to light not just the intertwined market dynamics of these two major cryptocurrencies but also the complex factors influencing their valuation. Curious Correlation Between XRP And XLM Schwartz candidly addressed a post by Good Morning Crypto, who highlighted a long-term price chart comparison between XRP and XLM since 2014, questioning the “unnatural price symmetry” and the…

JasmyCoin emerges as top gainer amid increased whale activity

JasmyCoin (JASMY) has emerged as the top gainer among the leading 100 cryptocurrencies, capitalizing on the rally triggered by the approval of spot Ethereum (ETH) ETFs in the U.S. JASMY is up by 26% in the past 24 hours and is trading at $0.028 at the time of writing. This is the first time since April 2022 that JasmyCoin has reached this price point. However, the so-called Japan’s Bitcoin is still down by 99.44% from its all-time high of $4.99 on Feb. 16, 2021. JASMY price, whale activity, RSI and…

ETH price nears $4k as market uncertainty around ETH ETF looms

On Monday, the price of Ethereum surged to $3,900, buoyed by a wave of bullish sentiment among investors. Ethereum (ETH) is on track to surpass the $4,000 mark even before the launch of spot Ethereum exchange-traded funds (ETFs) as the market appears to be highly “underallocated,” according to DeFiance Capital founder Arthur Cheong. 4.5k before spot ETF go live for trading imo. — Arthur (@Arthur_0x) May 26, 2024 In a post on social media platform X on May 26, Cheong projected that Ethereum, the second-largest cryptocurrency by market value, could…

Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate

TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in […] Source CryptoX Portal

Microsoft Invests $70 Million in South Africa for AI Advancement

Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 […] Source CryptoX Portal

Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules

The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto threat. Biden Faces Veto Deadline The resolution to overturn the U.S. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Top cryptocurrencies to watch this week: PEPE, NOT, ONDO

Last week, multiple top cryptocurrencies saw a second round of price upswings, continuing the recovery trend from the prior week.  As a result, the global cryptocurrency market capitalization grew by $140 billion, marking a 5.7% increase to $2.57 trillion.  Here are our picks for the top cryptocurrencies to watch this week, following notable movements recorded by these assets: PEPE, NOT and ONDO prices – May 26 | Source: Santiment PEPE hits new ATH for second straight week Pepe (PEPE) has been on a sustained uptrend since mid-April despite the instability…