Latest News and Updates
XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
Payments-focused cryptocurrency XRP has surpassed BNB token to become the world's four-largest digital asset by market cap.
As of writing, XRP boasted a market cap of $41.44 billion, with the tally surging 66% in the past 24 hours alone, according to CoinDesk data. While BNB's market value rose 6.5% to $40.57 billion. XRP's price surged from 47 cents to nearly 78 cents.
Cryptocurrency EOS grew by 10%
EOS was trading at $0.7740 by 16:52 (13:52 GMT) on Saturday, up 10.38% on the day. It was the sharpest daily rise in cryptocurrency since June 30th.
Cryptocurrency XRP sank by 11%
XRP was trading at $0.46669 at 23:50 (20:50 GMT) on Wednesday, down 10.56% on the day. This was the most significant drop in the value of the cryptocurrency since November 9, 2022.
Ethereum Price Prediction as ETH Sits on Long Term $1,800 Support – When is the Next Leg Up?
The Ethereum price has slipped by 0.3% in the past 24 hours, while keeping to the $1,800 support level it has held for several months now.
Tether will allocate up to 15% of profits to buy bitcoin
The USDT stablecoin issuer, Tether, has announced regular investments in the first cryptocurrency since May 2023.
Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin. These Bitcoin shall be considered on top of the minimum reserves assets that 100% back tether tokens.
Ethereum developers have released a patch to fix network failures
The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.
Cryptocurrency Cardano has grown by 10%
Cardano was trading at $0.3840 by 11:02 am (08:02 GMT) on Wednesday, up 10.09% on the day. It was the sharpest daily rise in cryptocurrency since March 21st.
Crypto 2023: further crisis or new rise?
By the end of December and beginning of January, many crypto investors began to rethink the results of this tumultuous year for the entire industry. After the cryptocurrency price spike in 2021, with the entire market nearing a $3 trillion valuation, a series of high-profile incidents have shed light on how risky the industry really is, causing the market to lose more than two-thirds of its value. The editors of Investing.com collected both negative and positive forecasts regarding the future of cryptocurrencies, as well as the opinions of leading investors and experts.
The Potential Of Ethereum in 2022. Metaverse And Ethereum
Most people consider Bitcoin the most popular blockchain and cryptocurrency. And they are right. Bitcoin was the very first blockchain to be launched, its currency is the most expensive crypto in the world. But Ethereum isn't backing down. It's the second most expensive cryptocurrency in the world.
But the thing with Ethereum is that it has a different purpose than Bitcoin. It offers interesting possibilities and in the future, Ethereum's Ether (or ETH) might be one of the most popular currencies.
Ethereum is a smart contract blockchain that offers the ability to create a secure and decentralized environment for hosting applications of various types. You can even build another system within Ethereum.
What Is Non-Fungible Token Or NFT?
A non-fungible token, or an NFT, is one of the most recent phenomena in the crypto world. NFT tokens are still a mystery even to those who understand cryptocurrency. It's confusing since non-fungible tokens don't work like all other digital tokens.
One of the reasons why it catches the attention of the whole world is Christie's auction. During this auction, a non-fungible token was sold for $69.3 million! This NFT is connected to a digital work of a famous artist, but the overall event caught the attention of the world.
So, what is NFT?