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Author: Coin Analyst
TRON (TRX) and Cardano (ADA), the 11th and 12th largest crypto projects by market cap, are battling to enter the top 10 list. TRX has a larger market cap and is closer to entering the top 10 than ADA. While TRX and ADA are incredibly popular, investors, traders, and market participants wonder which asset will first breach the $1 mark. Before speculating which asset will hit $1 first, we should note that TRX has never traded above $1. The asset hit an all-time high of $0.2317 in January 2018, over six years ago. ADA, on the other hand, reached an…
In what is a massive development for the crypto sector, Deutsche Digital Assets (DDA) has seen its macro Bitcoin ETP begin trading today. Indeed, the firm announced the world’s first macro ETP that is now trading on the Euronext Paris stock exchange. The German crypto asset manager took to X (formerly Twitter) to announce the launch of the landmark product. They note the new product “provides investors with a dynamic, systemic exposure to Bitcoin,” and USDC. The offering is set to be yet another key investment opportunity for entities looking to increase their exposure to BTC. source: Deutsch Digital Assets…
BRICS is working towards the creation of a new payment system without the integration of the US dollar in its mechanism, confirmed Russian Foreign Minister Sergey Lavrov. The minister added that the new payment system will not only be used to settle cross-border transactions, it will act as a complete financial set-up. Also Read: De-Dollarization: How the US Is Helping Chinese Yuan To Succeed The development, when launched, could attract emerging economies towards it making a shift away from the US dollar. The new BRICS payment system could lead to a paradigm shift in the global financial sector. Read here…
The ASEAN bloc is currently one of the most prosperous networks of nations, noting a rapid surge in their trade metrics with each passing day. The bloc is brimming with new developments, inviting high foreign interest and investment. Also Read: Cardano: Will ADA Rise Or Fall By The End Of Sept’ 2024? The Bloc’s Intra-Trade Metrics Boom Source: Reuters According to the Jakarta Times, ASEAN is currently one of the most blossoming blocs compared to other alliances. In 2023, ASEAN nations conducted nearly $759 billion worth of intra-trade, one of the highest trade metrics achieved in recent times. This development…
Bitcoin (BTC) briefly reclaimed the $60,000 mark on Friday, Sept. 13, 2024. Despite the recovery, the original cryptocurrency could not maintain its price at the $60k level, facing a correction to the $58,000 level. BTC is down 0.4% in the daily charts, 0.6% in the 14-day charts, and 1.4% over the previous month. However, the asset continues to glow green in the weekly and yearly charts, rallying by 2.5% and 121.7%, respectively. Also Read: Ripple Shock: Chairman Moves 50 Million XRP After 11 Years! Source: CoinGecko Why The Dull Market Environment? Bitcoin’s (BTC) price seems to be consolidating just below…
The top cryptos to buy now are gaining attention as the cryptocurrency market changes constantly. El Salvador’s Bitcoin strategy and new developments in decentralized finance have sparked investor interest. This report looks at three key cryptocurrencies – Stellar, Osmosis, and Uniswap – that are some of the best-performing crypto. Also Read: Dogecoin’s Sister Rises 965% In a Day Top Cryptos to Buy Now: Stellar, Osmosis, and Uniswap Image Source: Pixabay 1. Stellar (XLM) – Bridging Traditional Finance and Blockchain Stellar has improved its security by adding Hypernative’s threat detection platform. XLM is trading at $0.09465, up 3.83% in the past…
Several traditional banks have been embracing the digital wave by testing cryptocurrency water. Singapore’s largest bank, DBS, has joined the ranks of its counterparts as it announced the launch of over-the-counter (OTC) Bitcoin (BTC) and Ethereum (ETH) options trading as well as structured notes. The bank’s institutional clients will be able to employ this service in the fourth quarter of 2024. JUST IN: Singapore’s largest bank, DBS, to launch #Bitcoin and Ethereum options trading. — Watcher.Guru (@WatcherGuru) September 17, 2024 Also Read: Viral Meme Coin Soars 400%: Now 4th Largest in the Market! DBS Bank’s New Crypto Offerings In a…
Elon Musk’s X social media platform will launch a new payment feature. While many are speculating that Dogecoin (DOGE) will appear in the new feature, others wonder if DOGE’s rival, Shiba Inu (SHIB), will also be included. Also Read: Shiba Inu (SHIB) &, Dogecoin (DOGE) Price Prediction For September End 2024 Will SHIB Be Included On Elon Musk’s X? Source: Twitter Shiba Inu (SHIB) And Its Market Position Shiba Inu (SHIB), DOGE’s primary rival, is one of the most popular cryptocurrencies in the market. DOGE has the advantage of being the first meme coin, but SHIB has impacted its four-year…
The financial markets are encountering a new era, a time when the multipolar currency agenda is shaping the world. Currency alternatives are rising at a rapid pace, giving stiff competition to the US dollar from all corners. In this wake, Bitcoin and gold have emerged as the top performers of 2024, an unlikely duo that continues to shake the financial realms at an astonishing pace. Also Read: Ripple Shock: Chairman Moves 50 Million XRP After 11 Years! The Best Asset Duo of 2024 According to Charlie Bilello, a notable financial analyst, Bitcoin and Gold have emerged as the top performers…
A new viral meme coin called Black Agnus (FTW) has taken the crypto world by storm. Exciting, right? It managed to surge over 400% in just 24 hours. This jump made it the 4th largest meme coin by market cap, and we’re waiting for more! Crypto investors and our staff are taking notice of this sudden rise, so let’s dive right in and explore it further! Also Read: Binance BNB Weekly Price Prediction: Can It Hit $580 This Week? Black Agnus (FTW): The Viral Meme Coin Leading the Crypto Investment Surge Black Agnus, a bull-themed token, made a big splash…