XRP, the native cryptocurrency of the Ripple network, has experienced significant volatility in recent times. After reaching a high near the $0.74 mark, XRP price faced rejection, leading to a downward correction. XRP started its downside correction below the key support levels of $0.65 and $0.62. The price currently trades below $0.64 and the 100
Nubank, the Brazilian neobanking unicorn, continues to make waves in the crypto space as it expands its crypto adoption drive. The bank recently added support for five new altcoins on its banking app, further solidifying its position as one of Brazil’s leading crypto advocates. This article delves into Nubank’s latest developments, its prominent backers, and
Bitcoin (BTC), the largest cryptocurrency in the market, has been struggling to consolidate and reach the $38,000 level for the third time. This has raised speculations within the community that a significant retracement may occur before the next uptrend begins. However, renowned crypto analyst Adrian Zdułczyk has recently provided insight into Bitcoin’s potential next target
Grayscale recently submitted an updated filing for its pending spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC) on Nov. 22. This article aims to analyze the new filing and its implications for the ETF prospect. The filing in question is an amended S-3 prospectus, which indicates that Grayscale has met other reporting
Hackers have recently been targeting a critical vulnerability in the Apache ActiveMQ protocol, leading to the download and infection of Linux machines with the Kinsing malware and crypto miner. Trend Micro researchers have highlighted this issue and its potential consequences in a recent blog post. They have identified that the CVE-2023-46604 vulnerability allows remote code
Cryptocurrency trading is a realm governed by FOMO (Fear Of Missing Out), FUD (Fear, Uncertainty, and Doubt), and misinformation. The noise and volatility in this market make it challenging for traders to make informed decisions. However, yPredict aims to revolutionize crypto trading by harnessing the power of advanced AI modeling and machine learning. In this
After years of anticipation and patiently waiting, the trustee of the bankrupt Mt. Gox exchange has announced that the repayment process for its creditors will soon commence. An email, reportedly received by some claimants and obtained by CryptoSlate, revealed the trustee’s plan to initiate cash repayments. However, due to the complex nature of the situation
Coinbase CEO, Brian Armstrong, has seized the opportunity to emphasize the importance of compliance and rule clarity in the cryptocurrency industry following Binance’s recent settlement with the Department of Justice (DOJ). In a Twitter post, Armstrong highlighted Coinbase’s commitment to compliance since its inception in 2012 and explained that prioritizing these principles is crucial to
In a shocking turn of events, Binance CEO Changpeng Zhao, popularly known as CZ, has reportedly pled guilty to violating U.S. anti-money laundering requirements. As a result, he will be stepping down from his role at the cryptocurrency exchange. This news, reported by the Wall Street Journal, has sent shockwaves through the crypto community and
Phoenix Group, a multinational crypto mining and blockchain giant, has recently achieved a significant milestone in its initial public offering (IPO) raise. The company was able to close its IPO raise after investors oversubscribed 33 times, showcasing a strong interest in its global mining activities. This article explores the details of Phoenix Group’s successful IPO