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AMP Hits a Low of $0.008; Time to Sell AMP Holdings?


The Flexa payments network developed AMP as a method of collateralizing and verifiable assurances that would allow other payments networks such as Flexa to secure transactions before working on them. This process enables more secure smart contracts and allows for consistent growth. AMP has lost...

MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD


MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.” Writing in...

USD Coin to Overtake Rival Stablecoin Tether in Coming Years - Survey


Circle-issued, the second most popular stablecoin, USD Coin (USDC), has the potential to overtake the most popular stablecoin, tether (USDT), in coming years, according to a survey of analysts. Most of the respondents claim that USDC will benefit from its better regulatory status, which could...

BoE and US Fed Release Their Historical Data, Supporting the GBP/USD Pair


GBP/USD trading pair caught a lot of attention with the Bank of England and the US Federal Reserve doing their best to support it after a losing but eventful week. Forex brokers keep their eyes on the trading board to make the trade for a green margin. FXCM, a New York-based platform founded...

XRP Seems Bullish for the Short-Term: Will It Cross $0.5?


Ryan Fugger conceived Ripple to make banking transactions easier, and now it is managed by a US private company, Ripple Labs. XRP is the native cryptocurrency of Ripple, and financial companies like banks and AMCs use it to make faster transactions possible. Each transaction runs and validates...

Over USD 36M Returned to Nomad Bridge's Fund Recovery Address


Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery." According to Etherscan transactions, the recovery wallet...

Ethereum (ETH) Holds on to the $1.7K and 100 EMA Level Strongly!


Ethereum, the number 2 blockchain, is headed to create a new peak value since the minor profit booking witnessed on July 28, 2022. Price action continues to witness some resistance at the $1780 levels, but buying sentiment has broken all records as RSI enters over-bought zones. The Ethereum price...

Solana Makes Third Attempt to Breach $47.50; Will SOL Succeed?


Despite a consolidation-focused price action, Solana has maintained its upper limits, indicating a possible breakout scenario. Lower-ranking cryptocurrencies consistently take over the rankings for SOL during this tough consolidation phase. The earlier closely trading pair of SOL and ADA is...

Bitcoin Tests USD 24K, Ethereum Eyes USD 1.8K, Altcoins Rally


Bitcoin price was able to clear the USD 23,500 resistance zone and is currently (11:54 UTC) trading near USD 24,060. BTC is up almost 5% in a day and 3% in a week. Similarly, most major altcoins are also rising and gaining pace. ETH climbed above the USD 1,750 resistance zone. XRP surpassed...

Voyager Digital Can Repay Customers with USD 270M MCB Holdings, Judge Rules


The troubled crypto platform Voyager Digital has been given the green light to return USD 270m worth of funds to its customers. The move was approved by the Bankruptcy Court in New York where the company’s case is being heard, the Wall Street Journal reported.... Read More: Voyager Digital...

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