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Month: Februar 2023

Dogecoin Surges by 6.6% After Elon Musk’s Tweet

Dogecoin Surges by 6.6% After Elon Musk’s Tweet

• Elon Musk sent out a tweet with the caption „High time I confessed I let the Doge out.“ which caused Dogecoin and Shiba Inu prices to rise. • A Blockchain Research Lab study showed that after each of Musk’s 47 tweets, there was an average price range of 3 percent. • The 24-hour move of Dogecoin was within the ranges of $0.0832 and $0.0872, however it could not test its key resistance level before retracing. Dogecoin Pumped After Elon…

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CME Group to Offer Bitcoin Futures Contracts, Giving Investors Safer Access to Crypto Markets

CME Group to Offer Bitcoin Futures Contracts, Giving Investors Safer Access to Crypto Markets

• CME Group, the world’s largest derivatives company, is set to launch Bitcoin futures contracts on March 13th. • The new BTC Futures Contracts will provide a more transparent and less complex way for investors to access cryptocurrency markets with the benefit of a regulated platform. • Lower costs associated with the contracts will make it easier for investors to take advantage of market volatility without as much risk. CME Group Launching Bitcoin Futures The global derivatives company CME Group…

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Whales Accumulating Cardano and Shiba Inu, Is a Rally Coming?

Whales Accumulating Cardano and Shiba Inu, Is a Rally Coming?

• Cardano (ADA) and Shiba Inu (SHIB) have seen a spike in large transactions above the $100,000 mark. • According to Santiment, a crypto analytics platform, this trend may lead to a major rally for both altcoins. • Whale Stats also noted that the memecoin ranks among the top three Ethereum-based digital currencies that are being acquired by whales on the network. Cardano and Shiba Inu See Spike in Whale Transactions Crypto whales have been making large transactions in Cardano…

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Hooks Sidechain with XRP as Native Currency to Drive XRPL Adoption

Hooks Sidechain with XRP as Native Currency to Drive XRPL Adoption

• XRPL Labs is developing a Hooks sidechain with XRP as the native token. • The development team has signed a security audit contract and is hopeful that the sidechain will pass its stress test. • This Hooks sidechain is intended to increase flexibility, allowing developers and businesses to build more creative applications with XRP. XRPL Labs Developing Hooks Sidechain XRPL Labs, lead by Wietse Wind, has announced the development of a Hooks sidechain with XRP as the native token….

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