Author: James Wilson

Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023. It has plunged by over 55% from its highest level… Source link

Bolivia’s state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production. The decision follows government approval to use digital assets for purchasing energy supplies, as Bolivia struggles to maintain fuel subsidies amid declining foreign currency reserves, according to Reuters reporting.   The move comes as long lines at gas stations and scattered protests highlight the worsening fuel crisis. “From now on, these (cryptocurrency) transactions will be carried out,” a YPFB spokesperson told Reuters, emphasizing the urgency of securing energy resources despite financial…

Ripple price remains in a bear market after falling by over 35% from its highest level in January.  Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data. Most of them rose, with Bitcoin (BTC) and Cardano (ADA) rising by over 3%. XRP also rose after Franklin Templeton applied for a spot exchange traded fund or ETF on Tuesday.  The company, which manages over $1.5 trillion in assets, joined other firms like WisdomTree, Bitwise, 21Shares, Grayscale, Canary, and CoinShares that have applied for a spot XRP ETF.  Polymarket users have boosted their odds for…

The Monetary Authority of Singapore and Vietnam’s State Securities Commission have signed a Letter of Intent to collaborate on capital markets regulation and digital asset oversight.  The agreement will help both regulators share information on regulatory frameworks, supervisory practices, and anti-money laundering measures. The letter aims to enhance Vietnam’s capacity to develop its digital asset regulatory framework while fostering deeper cooperation between the two financial authorities. Their financial regulators will share expertise on oversight. Today, I welcomed General Secretary of the Communist Party of Vietnam, To Lam, on his first Official Visit to Singapore. His visit is especially meaningful as…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Tron, Litecoin, and Lightchain AI are set to surge in March, with Lightchain AI leading after raising $17.1m in presale. These 3 cryptos look ready to explode in March: Tron (TRX), Litecoin (LTC), and Lightchain AI. Tron continues to build momentum with its decentralized applications and strong community, while Litecoin remains a solid investment with its fast transaction speeds and security. However, the standout is Lightchain AI, which has already raised over $17.1 million at a presale price of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As gold and oil struggle, Bitcoin gains attention as a safe haven, with a global crisis potentially driving its value higher. Amid global economic turmoil, traditional safe assets like oil and gold are under pressure. A new player is gaining attention as a potential sanctuary for wealth. Could an impending worldwide crisis catapult Bitcoin’s value to unprecedented levels? Delve into the elements that might drive BTC’s price skyward, possibly reaching the elusive million-dollar milestone. XYZVerse’s knockout journey: The memecoin…

Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings. White-label exchange-traded fund provider HANetf is offering traders in Europe new ways to speculate on crypto by launching its first leveraged cryptocurrency exchange-traded commodities and a short Bitcoin (BTC) strategy, allowing them to bet on price movements of BTC and Ethereum (ETH). Available on Nasdaq Sweden with a 2% expense ratio, traders can now access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC. In a March12 interview with ETF Stream, HANetf…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BitLemons is making waves in web3 gaming with a fully operational platform, real revenue, and a fast-selling presale, all while bigger names like Ethereum and BNB struggle. Ethereum is stuck in a tug-of-war between bulls and bears, while Binance Coin is gearing up for a network upgrade that could alter its trajectory. Traders are laser-focused on these developments, but are they overlooking the real play? BitLemons (BLEM) has been quietly gaining traction, operating a fully functional web3 gaming platform…

Pi Network is up 20% ahead of Pi day, holding support at $1.40. Pi Network (PI) has surged by 20% in the past day, currently trading at $1.60, though it’s still down by over 45% from its all-time high of $2.98 achieved in February. However, it’s holding steady at $1.30-$1.40 local support level, bolstered by the approaching Pi Day. Pi day, which falls on March 14, marks an important event for the PI ecosystem. Specifically, users are required to move their PI mined on the testnet to the live, operational mainnet. The mainnet migration is to be completed by 8:00am…

21Shares’ Bitcoin Ethereum Core ETP, ABBA, will be listed on Deutsche Börse’s Xetra platform as the firm reduces the product’s management fee by 0.49%. In a recent press release, the world’s largest cryptocurrency exchange-traded product issuer said it would be cutting down the management fee for its Bitcoin (BTC) Ethereum (ETH) Core ETP ABBA, ahead of its listing on the Xetra exchange. The firm’s Bitcoin Ethereum Core ETP, ABBA, is fully backed by BTC and ETH, two of the largest cryptocurrencies by market cap. The product is also securely held in institutional-grade custody. Starting from March 12, ABBA’s management fee…