Author: finance
Investing in cryptocurrency requires a keen eye on market trends and price movements. Recently, XRP experienced significant price fluctuations, dropping below the $3 mark after initially breaking through it. For the first time in seven years, XRP had surpassed this threshold on 15th January. Despite this recent drop, the asset still shows great potential for regaining and exceeding its previous peak. Examination of market trends on the TradingView platform suggests the possibility of a significant breakout beyond $3, reaching as high as $3.5. XRP Maintains Balance Amidst Market Volatility A detailed technical analysis of XRP’s price movements on the 3-hour…
In a riveting development, the Elon Musk-led Department of Government Efficiency (D.O.G.E.) is apparently exploring blockchain technology’s potential to bolster spending efficiency, safeguard sensitive information, and manage resources more effectively. Given Musk’s known fascination with digital assets, such news doesn’t come as a surprise. Inside sources indicate that Musk has already had discussions with various public blockchain teams. It is speculated that XRP Ledger, Hedera, Cardano, and XDC Network, known for their focus on enterprise solutions, might be the leading contenders. This progressive step by Musk could spearhead cryptocurrency adoption in the public sector, benefiting the overall market in the…
In the midst of a virtual dispute that escalated within the Bitcoin and XRP communities over the past weekend, former President Donald Trump’s recent disclosure of a “Digital Asset Stockpile” under his administration’s newly issued cryptocurrency executive order has been a catalyst. Whereas the majority anticipated a “Bitcoin Strategic Reserve” announcement, the use of a broader term led to a hearty debate about the potential inclusion of digital assets other than Bitcoin, specifically XRP, in the national digital asset reserves of the United States. Jason P. Lowery, a US Space Force officer and widely respected astronautical engineer recognized for his…
Taking advantage of the burgeoning cryptocurrency market, the NOWPayments Payment Widget is a dynamic tool that revolutionizes payments by allowing merchants to incorporate crypto payment methods into their website seamlessly. Regardless of the size of your business, this tool ensures a smooth, secure, and customer-oriented payment procedure, making it a game-changer for simplifying payment methods and boosting customer satisfaction. Understanding the NOWPayments Payment Widget The NOWPayments Payment Widget is an easy-to-use solution that empowers merchants to accept cryptocurrency payments directly on their website. It is designed to eliminate intricate redirections, allowing your customers to conduct transactions without ever leaving your…
Diving into the world of blockchain technology, Binance Academy, the open-access education wing of Binance, in partnership with Amazon Web Services, Inc. (AWS), has rolled out a groundbreaking online course titled “AWS Blockchain Node Runners for BNB Chain”. This news was revealed to Finbold on Monday, January 27. The digital course, which takes a concise 15 minutes to complete, offers practical guidance on how to deploy BNB Chain nodes using AWS Blockchain Node Runners. This open-source initiative has transformed the way blockchain nodes are deployed and managed on AWS, thanks to its user-friendly blueprints. Target Audience and Course Implications Designed…
The innovative Web3 non-custodial wallet, Bitget Wallet, has recently outlined its strategic plan for 2025 surrounding payment finance (PayFi). As reported to Finbold on Monday, January 27, this strategy aims to marry blockchain technology with real-world transactions. Bitget Wallet’s strategic move emerges as decentralized finance (DeFi) and cryptocurrency payments are fast gaining traction in the financial mainstream. The goal? To alter the way individuals manage their assets, transforming cryptocurrency from a speculative investment into a tangible financial asset for everyday transactions. Swift Glimpse into Bitget’s PayFi Strategy The intriguing aspect of Bitget’s PayFi strategy is its holistic design. The idea…
In the ever-evolving world of cryptocurrencies, Solana has emerged as a significant contender. Its decentralized applications, often referred to as dApps, recently accounted for a remarkable 73.3% of income generated by crypto apps in a single day. This development not only indicates a shift in market competition but also underscores the strengthening ecosystem of Solana which is gaining the attention of both users and developers. Gaining Ground in the Crypto Realm A record-breaking event unfolded on January 21, 2025, when decentralized applications on Solana’s platform generated an all-time high in revenues. Ethereum has been a long-standing leader in the world…
Diving into the dynamic world of cryptocurrency, Ethereum (ETH) has emerged as the market sensation — experiencing a nearly 6% gain that has driven its value to a riveting $3,400. Seeing its market cap soars to a staggering $409.77 billion, the burgeoning interest of traders and institutions alike have started to mark Ethereum’s potential for the future. Powered by sophisticated AI analytics, intriguing forecasts predict the potential trajectory of Ethereum’s short-term prospects by January 31, 2025. A Glimpse into Ethereum’s Future: Expert Price Predictions In predicting the potential price evolution of ETH, AI-powered analytics present a multifaceted image. Analysis drawn…
In the face of growing regulatory scrutiny on cryptocurrency transactions, particularly in the U.S., investors are turning their attention to solutions that offer greater autonomy. Centralized exchanges (CEXs), now facing an obligation to report crypto transactions for tax purposes, have left many investors on edge – even Bitcoin-stacked giants like MicroStrategy may be feeling the pressure. The repeal of SAB 121, which compelled crypto custody platforms to separate assets from liabilities, threatens to further complicate the landscape. As these restrictions tighten, decentralized platforms are emerging as a sanctuary for those seeking increased self-direction. If you’re keen on exploring the cutting…
Diving into the intriguing world of cryptocurrency, we find ourselves faced with an intriguing revelation from David Bailey, the CEO of BTC Inc. Bailey recently had a private phone conversation with former US President, Donald Trump, pertaining to the future of Bitcoin. This revelation sparked a flurry of discussions within the cryptocurrency community, especially considering Trump’s evolving perspective on digital currencies and his recent decision to pardon Ross Ulbricht, adding a new layer of complexity to the conversation. Enthusiastic Bitcoin Endorsement by Trump Bailey shared details of his conversation with the former President on a popular social media platform, revealing…