Key takeaways: XRP trades over 120% above its realized price, flashing heightened correction risk. A rising wedge breakdown on the 4H chart could send XRP toward $1.89 by mid-May. Weekly falling wedge pattern and 50-week EMA support suggest a possible 25% recovery to $2.92 by June. XRP (XRP) price has rebounded by over 40% in
Key takeaways: Strong Ethereum ETF inflows signal high institutional demand. Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength. A bull flag pattern on the ETH’s four-hour chart targets $2,100. Ether’s (ETH) price rose to a new range high at $1,860 on April 28, its highest value since April 2. Several
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO
China’s capital city, Beijing, has launched a two-year plan to boost blockchain development and adoption across key industries. The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including
The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking. Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali,
What is digital identity? Your digital identity is the fingerprint you leave across the internet, a living map of who you are. Your digital identity is more than just your name or email; it stretches from your social media profiles and crypto wallet addresses to your device fingerprints and even the rhythms of your daily
Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand. Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains. Traders say Bitcoin price must clear key