altcoin
Ethereum is slipping after printing higher highs over the weekend. Considering price action, the coin is up roughly 5% from last week’s lows but is still trending below the all-important resistance at $3,700. Although ETH holders and traders are upbeat, prices must decisively close above this liquidation level, paving the way for more gains in…
Cardano (ADA) founder Charles Hoskinson recently revealed the crypto project that almost overshadowed Ethereum (ETH) during its early stages. This revelation followed Hoskinson’s remarks about his greatest fear while he was the Chief Executive Officer (CEO) of Ethereum. The Crypto Project That Almost Overshadowed Ethereum In an interview with Altcoin Daily, Hoskinson mentioned NXT as…
Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies (CBDCs). These collaborations aim to harness Ripple’s blockchain technology for the creation and management of government-issued digital currencies, signaling a noteworthy advance in the integration…
Ripple, known for its enterprise blockchain solutions, and Archax, the UK’s first Financial Conduct Authority (FCA) regulated digital asset exchange, broker, and custodian, have announced a significant extension to their partnership. This extension aims to tokenize hundreds of millions of dollars of real world assets (RWAs) using the XRP Ledger (XRPL), positioning XRPL as a…
In a significant regulatory shift, the US Securities and Exchange Commission (SEC) partially approved the long-awaited Ethereum ETF filings submitted by prominent asset managers three weeks ago, including BlackRock and Grayscale. SEC Chairman Gary Gensler has indicated that full approval for these Ethereum ETFs could come by the end of the summer, providing much-needed clarity…
Ethereum Layer 2 (L2) solutions are currently experiencing a significant surge in the deployment of Uniswap V2 pools, marking a notable development in the Decentralized Finance (DeFi) ecosystem. Uniswap V2 pools give users the ability to swap between ERC-20 tokens directly, and this token pool is called the Liquidity Pool. The recent wave of new…
Solana founder, Anatoly Yakovenko has declared that SOL has surpassed Ethereum, the world’s second-largest cryptocurrency in a critical metric – the economic barrier for honest nodes to participate in consensus. Solana Outpaces Ethereum By 10X In This Metric According to Yakovenko, the economic barrier for honest nodes to participate in consensus in Solana is 10…
Ripple has officially finalized its acquisition of Standard Custody & Trust Company, a regulated entity providing high-grade digital asset custody solutions. This acquisition, first announced earlier this year, has received the green light from all necessary regulatory bodies, including the New York Department of Financial Services (NYDFS), which oversees the operation of limited-purpose trust companies….
Unlike Bitcoin, where transactions are ordered on a first-come, first-served basis, Ethereum and Solana rely on a pool of validators to confirm transactions and add them to the next block. This process allows for flexibility, as users can expedite their transactions by paying higher fees. At the protocol level, prioritizing transactions based on gas fees…
The Ripple Chief Technology Officer (CTO) David Schwartz has responded to rumours that the Company might be considering abandoning its association with the XRP token. The crypto firm has so far provided XRP with its major utilities, and such rumors could negatively impact its price. Ripple Is Not Abandoning XRP Schwartz clarified in an X…
