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The Spanish firm BitBase will install its first crypto ATMs in Argentina in 2025, as adoption continues to gather pace in the Latin American nation. Per the Argentinian media outlet Mercado, the Spanish company has set aside around $524,000 to back its initial foray into Argentina. Crypto ATMs: Argentine Adoption The firm said it would…
Ripple is making waves yet again, announcing the launch of its much-anticipated enterprise-grade stablecoin, Ripple USD (RLUSD). This stablecoin, designed to raise the bar for compliance, utility, and transparency, will officially go live on December 17, 2024. The wait is over: RLUSD launches globally tomorrow!https://t.co/mYcyyX6Vre — Ripple (@Ripple) December 16, 2024 According to the announcement,…
Ethena Labs has introduced a new stablecoin, USDtb, which is backed by reserves invested in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). The launch was carried out in partnership with Securitize, a leader in the tokenization of real-world assets. Ethena Labs Expands Stablecoin Use Cases: USDtb Considered for CEX Collateral and Tokenization According to the…
Bitpanda, a leading European digital asset platform, has reached a significant milestone in its journey toward global expansion by obtaining in-principle approval from the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE). This achievement sets the stage for the company’s operations under the name Bitpanda Broker MENA DMCC, marking its first foray…
As the Dogecoin (DOGE) price consolidates near $0.40, bullish catalysts for the world’s largest meme coin continue to build in the background, suggesting a new leg higher could be just around the corner. Since slipping below a short-term uptrend, and amid ongoing struggles with resistance in the form of the 21DMA, DOGE remains at risk…
The Ethereum (ETH) price pushed above $4,100 for the first time this year on Monday, as bullish sentiment rose following Bitcoin (BTC)’s renewed push to fresh record levels above $107,000. Optimism that the US will establish some sort of strategic Bitcoin reserve in 2025 under the incoming Trump administration is the main talking point right…
Hello everyone! In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 21, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure +…
FTX debtors have finalized January 3, 2025 as the initial distribution date for its court-approved Chapter 11 Plan of Reorganization just over two years after the Sam Bankman-Fried’s crypto exchange collapsed in November 2022. FTX Debtors To Pay Back Victims Of Doomed Crypto Exchange According to a December 16 press release from FTX and its…
Lightchain AI, a project focused on building a decentralized artificial intelligence platform, has raised over $2.2 million in its ongoing presale. The funding milestone comes just a week after the presale went live. Source: Lightchain AI channel on Telegram According to the Litechain AI website, The company aims to address the growing demand for scalable…
The UK’s financial regulator, the Financial Conduct Authority (FCA), has proposed new strict crypto regulations to curb risks within the digital asset market. According to a recent discussion paper released on December 16, the financial watchdog plans to outlaw public crypto offerings by non-regulated entities. The UK’s Financial Conduct Authority (FCA) released a discussion paper…