Will The Crypto Market Cap Double in 2024? What Does the Ripple CEO Predictions Tell Us?

In 2023, crypto supporters and investors experienced an exciting year with many blockchain-backed coins and tokens bouncing back after the previous crypto market downturn caused by various exchange and banking failures. Brad Garlinghouse, the head of Ripple, anticipates an expedited market recovery with a capitalization surpassing previous records, possibly exceeding $5 billion. He attributed this … Read more

Dogecoin nears $0.22: Is now the time to go long?

DOGE’s volume indicators disagree about the demand behind the memecoin The long-term bias was strongly bullish based on the price action Dogecoin‘s price surpassed the previous resistance level of $0.18, reaching a new peak at $0.2288. However, large investors or “whales” had sold off large amounts of DOGE earlier, making the price recovery an uphill … Read more

‘Bitcoin’s volatility, a feature, not a bug,’ but why exactly?

Economic uncertainties drive investors to Bitcoin amid rising debt and geopolitical tensions. Experts highlight Bitcoin’s resilience and potential as a hedge against market volatility. In the face of conflicting economic indicators, there continues to be intense discussion: Is the economy thriving or struggling? Although employment figures have enhanced and inflation has decreased, mounting debts and … Read more

Circle launches USD Coin on Ethereum zkSync

Circle, the company behind the stablecoin US Dollar Coin (USDC), has broadened its reach to include zkSync, an Ethereum zero-knowledge layer-2 solution. In simpler terms, Circle now supports using USDC on zkSync’s Ethereum network, which is a scalability solution that enhances privacy and efficiency. Circle announced on April 9 that numerous prominent ecosystem apps and … Read more

Arkham accuses competitors of spreading ‘false rumors’ amid token selloff

Arkham, a blockchain analysis company, has accused rivals of creating confusion and doubt (FUD) following queries about the transfer of their ARKM tokens. A few days before Arkham refused to identify its opposing rivals, Nansen’s post revealed that Arkham transferred approximately $56 million worth of ARKM (25.2m units) to unmarked wallets and the cryptocurrency exchange … Read more