XRP moves closer to $2 as new partnerships and a fresh round of trading volumes help send the altcoin to a new 2024 price high. XRP (XRP) rallied to a new year-to-date high at $1.68 after the altcoin continued to form a higher high (HH) pattern. The crypto asset is up 40% this week, and...Continue Reading

A notable surge in activity puts analysts’ eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana? The Ethereum network has long been criticized for high transaction fees, which often exceed $4. However, the exponential growth of layer-2 blockchains has created a sustainable solution for decentralized applications (DApps) that require higher...Continue Reading

The goal is to create an onchain product that generates yield on Bitcoin, according to Solv’s co-founder. Solv Protocol is preparing to launch an “onchain MicroStrategy” to bring yield-bearing Bitcoin (BTC) reserves to decentralized finance (DeFi), Solv’s co-founder Ryan Chow said in a Nov. 29 X post. “We’re building the first-ever On-Chain MicroStrategy—a transparent, permissionless...Continue Reading

This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP. The future of cryptocurrency regulation in the United States could see a significant shift as Paul Atkins, a former commissioner of the Securities and Exchange Commission known for...Continue Reading

Token holders can mint deUSD against BUIDL, BlackRock’s onchain money fund, and swap on Curve, a popular DEX. Decentralized exchange Curve has joined with blockchain network Elixir to expand access to decentralized finance (DeFi) for BlackRock’s tokenized money market fund, Curve said on Nov. 29. Token holders will soon be able to mint Elixer’s yield-bearing...Continue Reading

TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Despite the steady increase in research activity, central bankers are showing rapidly decreasing enthusiasm for central bank digital currency (CBDC), the Official Monetary and Financial Institutions Forum (OMFIF) think tank has found in its annual Future of Payments...Continue Reading

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins. Bitcoin (BTC) rose above $98,500 on Nov. 29, indicating that the bulls remain on track to push the price above the psychologically crucial level of $100,000. CryptoQuant contributing analyst Caueconomy said in a post on X...Continue Reading

Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy. Opinion by: Ankur Rakhi Sinha Hype cycles dominate the news, driven by various factors, including elections, market sentiment, regulatory changes, technological developments and the broader economy. The cycles also affect venture investment in...Continue Reading

Ether’s price is set for a boost above $4,000 as Trump prepares to take office on Jan. 20, which also marks the last day of work for SEC Chair Gary Gensler. Ether’s price may be set to breach $4,000 as investor optimism is growing ahead of United States President-elect Donald Trump’s inauguration on Jan. 20,...Continue Reading

2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia’s 2021 highs. The Indonesian cryptocurrency market surpassed $30 billion in transactions for the period between January and October 2024, marking a 350% year-over-year increase and the highest total since the 2021 bull market.  According to data from the Commodity Futures Trading...Continue Reading