While XRP is trading more than 16% up from Thursday’s lows and is back to the north of its 200DMA and the psychologically important $0.50 level, the world’s fifth-largest cryptocurrency by market capitalization continues to trade lower by around 20% on the week.XRP, the token that powers the XRP Ledger…

In an email dated August 17, Coinbase, a cryptocurrency exchange, revealed its decision to halt trading of Tether USDT, Dai DAI, and RAI stablecoins for Canadian users starting August 31.This surprising development comes shortly after Coinbase’s recent announcement of its complete expansion into the Canadian market, including trading the largest…

The volatile world of cryptocurrency has once again captured global attention, with prices experiencing a sharp downturn. As Bitcoin, the leading digital currency, faces a significant price drop, many are left speculating on its future trajectory. Today’s live Bitcoin price stands at $25,882, marking a decrease of nearly 2.5% in the…

Payments giant Mastercard has established a forum to facilitate discussions and collaboration among industry players in the cryptocurrency sphere regarding central bank digital currencies (CBDCs).In a Thursday blog post, Mastercard said that the CBDC Partner Program has already attracted key participants such as Ripple, Fireblocks, and Consensys.The primary objective of this program is to foster dialogue and…

The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections.Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform.Instead, OpenSea will now move to optional royalties for all NFT sales…

Crypto markets remain in free fall on Friday, with Bitcoin (BTC) last down around 8% in the last 24 hours and Ether (ETH) last down around 5.0% in the $25,700s and $1,650 areas respectively.That takes losses on the week for Bitcoin and Ether to over 11% and 9% respectively, marking…

A Russian analyst has claimed that the digital ruble, the nation’s CBDC, will bring no benefits to ordinary citizens.The comments were made by Anastasia Tselykh, a special correspondent at RTVI in her most recent column for the media outlet.The Central Bank launched a pilot this week, which will see retailers…

In a surprising turn of events, the recent developments surrounding the Evergrande Group’s Chapter 15 filing have reverberated beyond traditional finance, indirectly influencing the sentiment around Bitcoin (BTC) and the cryptocurrency market.Around 9:35 pm UTC on August 17, the price of Bitcoin plummeted by 8% in just 10 minutes. This…

Bitcoin (BTC), the largest cryptocurrency globally, has experienced a downward trajectory in recent months, with its price sliding from $28,000 to approximately $26,220 today. This decline can be attributed in part to Tether’s recent move. Tether, the leading stablecoin, decided to stop supporting USDT on the Bitcoin blockchain. Bitcoin can no longer…

Major cryptocurrencies have been in free fall on Friday, with Bitcoin (BTC) last down around 8% in the last 24 hours and Ether (ETH) last down around 5.0% in the $25,700s and $1,650 areas respectively.That takes losses on the week for Bitcoin and Ether to over 11% and 9% respectively,…