Crypto holders must have “god-level” conviction and HODL, riding through the current turbulence. It applies especially to XRP holders. The XRP price is melting when writing, and over the last month, there is nothing to smile about. To put it in numbers, the XRP price is down -18% in the last month, slashing year-to-date gains […]
Are we about to see a Japan rate hike and the beginning of a global recession? Bitcoin’s slide from 92,000 to 86,000 this week did not come out of nowhere. Arthur Hayes argues the move was triggered by a sharp shift in Japan’s monetary stance, as the Bank of Japan signaled a possible December rate […]
The Bitcoin price might need a miracle to close above $100,000 in December. Scanning the market, there are no solid Bitcoin news stories to prop up bulls, and the BTC USD price is under immense pressure. Earlier today, Bitcoin crypto crashed from as high as $90,000, quickly losing over $3,000 to spot rates. The crash […]
Welcome to another weekly roundup from 99Bitcoins, sponsored by Michael Saylor (or at least trying!), where we’ll discuss if XRP is a good investment, and why Zcash is falling. As it stands, XRP is struggling with overhead resistance, while ZEC continues to sink deeper into bearish territory. Wider macro signals, Fed rate bets, equity rotation, and cooling energy […]
In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements. Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector. SARB adds crypto and stablecoins to new risk-monitoring category. Custody balances $1.5B, 7.8M users. Top […]
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for two straight days, with both BlackRock […]
Thai authorities have ordered World, the digital identity project backed by Sam Altman, to stop operating in the country and erase all user identification data collected from residents. According to a statement released on Monday by the Ministry of Digital Economy and Society (MDES), the order was issued by Thailand’s Economic and Social Development Board. […]
Crypto asset manager Bitwise launched its Dogecoin exchange-traded fund on Wednesday, listing the product on the New York Stock Exchange under branding that features the familiar cartoon dog. In a statement on the launch, Hunter Horsley, Bitwise’s chief executive, said Dogecoin holds an unusual place in the market. “DOGE started as a joke and then […]
Grayscale’s plan to launch the first US Zcash ETF could bring one of crypto’s most privacy-driven assets into Wall Street’s main spotlight. The firm filed a Form S-3 with the US Securities and Exchange Commission on Wednesday, November 26, asking to convert the Grayscale Zcash Trust into an exchange-traded fund. (Source: SEC.gov) If approved, the […]
World Liberty Financial, the crypto venture tied to the Trump family, has begun purchasing its own token. The buys are coming directly from the open market. During the past 12 hours, the project has spent approximately $10M to acquire a little over 59M WLFI tokens via CoW Swap, a decentralised exchange, according to on-chain transaction […]
