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Cryptocurrency blogger and CNBC analyst Ran Neuner predicts that only five altcoins will be able to survive another bearish trend in the cryptocurrency market, and one of them is XRP.
EOS was trading at $1.2172 by 12:15 (09:15 GMT) on the Investing.com Index on Monday, up 10.06% on the day. It was the sharpest daily rise in cryptocurrency since February 17th.
This growth pushed the market cap of EOS to $1.2652B, 0.11% of the market cap of all cryptocurrencies. Previously, at its peak, the capitalization of EOS was $17.5290B.
With the closure of Silvergate's SEN payment system, stablecoins are likely to become even more mainstream among cryptocurrency traders. The share of their trading on crypto exchanges may grow even more, writes RBC with reference to the report of the analytical platform Kaiko.
Solana has published its plan to improve network updates as a response to the network-wide block production slowdown following the recent 1.14 network update
Following the announcement of a partnership between Microsoft and Web3 decentralized infrastructure provider Ankr, the Ankr (ANKR) token price rose by 51.5%.
The recent announcement by New York-based Paxos Trust Company, which issues the stablecoin Binance, that it will stop issuing new BUSD tokens after U.S. regulators flagged the asset as an unregistered security shook the $137 billion stablecoin market, Reuters writes.
In the stablecoin market, the share of the issuer of the largest stablecoin by capitalization USDT for the first time since May 2022 amounted to 51.31%.