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  • US economic data for February: Possible shock waves for the crypto industry

    US economic data for February: Possible shock waves for the crypto industry



    • The US economic reports this week, including retail sales and new applications for unemployment support, could significantly influence the mood of investors and the cryptoma markets.
    • Mixed signals from the data on housing and the applications for unemployment support could affect the attitude of the FED and impair the risk to risk for speculative systems.

    For the financial markets, there is a crucial week in which several important US economic data are published. These reports could have a significant impact on the cryptocurrency market. The first important report, the US individual trading index, will be published on Monday and offers a snapshot of the trends in consumer expenses.

    Retail sales broke heavily in January. But you assume a relaxation. Better retail sales could improve the mood of investors, but the US Federal Reserve could also persuade to maintain a tighter monetary policy.

    What: FXSTREET

    Higher consumer expenses often signal economic strength, which can increase the willingness to take risks and capital in volatile assets such as cryptocurrencies. However, if the Fed sees strong sales as the reason to keep interest rates high, this could dampen the enthusiasm of investors for speculative systems.

    Housing market with contradictory signals

    On Tuesday, the US Housing Starts Index will provide information about the condition of the real estate sector. The index measures the number of new housing projects and thus provides information about economic stability. In January, the housing construction gear from 1.515 million to 1.366 million, which arouses concern for slowing down.

    What: FXSTREET

    The expectations of the analysts are different: the consensus predicts a slight recovery to 1.375 million, while Teforecast expects a further decline to 1.34 million. An increase in housing construction could be a sign of the resistance of the economy and promote investments. However, stronger numbers for housing construction could also heat speculations about future interest rate increases, which could have a negative impact on riskier markets such as cryptocurrencies.

    The open market committee of the US Federal Reserve (Federal Open Market Committee, FOMC) is also come together on Tuesdayto advise on monetary policy, and an interest rate decision will be made on Wednesday. Experts assume that the FED will keep interest rates constant, but unexpected steps or statements could shake the trust of the markets.

    Unemployment figures and real estate sales

    The US index of the first applications for unemployment support, which is to be published on Thursday, will provide information about the employment situation. At the beginning of March, the first applications for unemployment support from 222,000 to 220,000. The market consensus expects a significant increase to 224,000, while Teforecast predicts an increase to 225,000.

    What: FXSTREET

    If the number of applications for unemployment support is higher than expected, this could indicate a weakening labor market. This could weaken the trust of investors in the traditional markets, but also reduce the pressure on the US Federal Reserve Fed, to keep interest rates high, which could support the cryptoma markets.

    In the meantime, the US index for sales of existing houses will also give an insight into consumer trust on Thursday. The report for January showed a decline from 4.29 million to 4.08 million home sales based on the year. Analysts expect a further decline to 3.92 million, which increases the concerns about economic cooling.

    If the home sales go back, this could indicate that consumers are reserved for larger purchases. This could affect the general market mood, also in the crypto area, where the optimism of investors often correlates with the economic situation.

  • Ronin Beta web wallet available with direct asset access

    Ronin Beta web wallet available with direct asset access



    • The Ronin Beta web wallet enables the direct management of digital assets via the browser and improves the accessibility for ronin and axie infinity communities.
    • Axie Infinity: Atia’s Legacy exceeds the 17.2 million pre-registrations and thus shows the strong demand for the upcoming MMORPG, which is at home in the Lunacia universe.

    The Ronin Web Wallet Beta is now live And enables customers to control their digital assets directly via the browser. This is a welcome message for the Ronin Community and Axie Infinity customers who were previously dependent on wallet extensions or mobile apps.

    At the same time, Atia’s Legacy, the latest game by Sky Mavis, has a record with over 17 million preliminary registrations.

    Why the Ronin web wallet is important

    So far, a Ronin wallet was available as an extension for Chrome, Firefox and Edge as well as mobile use for iOS and Android. Although this is practical, some users want more flexible access without downloading or installing additional add-ons. The web wallet fulfills this wish by offering customers new opportunities to access their digital assets more easily.

    Ronin himself is a blockchain that is compatible with the EVM (Ethereum Virtual Machine). In the Axie Infinity System in particular, web3 players typically use this blockchain because it offers minimal gas fees and fast transactions. Now that the Beta version of the Web Wallet is available, players can check their assets more easily and without technical restrictions.

    Atia’s Legacy: New MMORPG in the Axie world

    On the other hand, Atia’s Legacy with a number of 9,228,067 is with great attention. This latest Massively Multiplayer Game from Sky Mavis offers an open world, strategic struggles and a system for structural units and takes the players into the Universe of Lunacia. Atia’s Legacy has a more extensive and deeper gameplay system as Axie Infinity, which focuses on card-based battles.

    The game, which was developed for both mobile and PC platforms, enables users, objects and characters to import from the Axie universe by using asset integration. The expansion of the gaming experience and the preservation of the community built for years depend on this crucial phase.

    Binance support for the Ronin Hard Fork

    Ronin is preparing for a network update in addition to the publication of the Web Wallet and Atia’s Legacy. Binance, one of the largest stock market systems for digital assets, has announced his support for the Ronin-Hardfork planned for March 17, 2025.

    This version aims to increase the safety and efficiency of the network and thus ensure that the ronin ecosystem remains competitive in the constantly growing blockchain sector. With the help of Binance, the change should be done without impairing users.

    NRN agents and the future of AI in the gaming

    CNF also reported that NRN Agents with Ronin was integrated. This is not a typical teamwork. The Technology of NRN Agents lets the AI ​​grow dynamically and adaptable in the game and thus improves the gaming experience.

    Imagine you have opponents who can take up their approach and change in every game. Or imagine that you meet colleagues who correctly assess the situation and react rationally instead of just following the script. Ronin and Nrn Agents Wollan realize that.

    When writing this article, Ron’s course is around $ 0.821, which corresponds to an increase of 3.14% in the last 24 hours.

  • Pancakewap runs in the Dex market with three billion dollars sales

    Pancakewap runs in the Dex market with three billion dollars sales



    • Pancakeswap leads the Dex market with a 24-hour trading volume of $ 3.02 billion and expands the multi-chain support and security functions.
    • New innovations such as Springboard and Orbs’ Layer 3 improve the Pancakeswap ecosystem and make it more accessible and efficient for defi users.

    The Pancakeswap platform has recorded a trading volume of more than $ 3.02 billion in the last 24 hours, which it has for most active decentralized stock exchange (dex). Pancakewap is currently clearly leading on the Defi market with an undeniable expansion about its competitors. But what drives this explosion?

    PancakeSwaps Multi-chain growth opens up new opportunities

    This increase in volume is not just the result of market dynamics. Pancakewap has expanded its audience with new functions that improve the user experience even further.

    This includes MEV Guard, a security tool that supports more wallets on the BND Chain today, including Binance Wallet, Trust Wallet and Okx Wallet. Users of this function can feel better protected against bot attacks that can manipulate the prices of the blockchain network.

    However, Pancakeswap is also increasingly proving to be a multi-chain platform. As we have already reported, the Dlimit and DTWAP functions were expanded to the arbitrum, line and base networks. This enables users to carry out more flexible trades over several blockchains without being dependent on an ecosystem.

    In addition, Pancakeswap is also improved by the Layer 3 infrastructure of ORBS, which enables users to carry out algorithmic trading techniques and to maximize liquidity over many defi platforms. This function is definitely a very useful addition to traders who like to use automation.

    Become easier to innovate SpringBoard

    Pancakewap is not just a marketplace for buying and selling cryptocurrencies. You have introduced SpringBoard, a tool that enables everyone to design and publish their own tokens – without writing a single line of code – on December 4, 2024.

    This is like a door opener for everyone who wants to get into the blockchain area without programming knowledge. This creativity makes it understandable that Pancakeswap has an increasing number of new projects.

    Pancakewap is not only interesting because of its technical imagination. A large part also depends on the trust of the community. Depending on the needs of the often changing defi ecosystem, users consider this platform to be a firm, safe and constantly changing place.

    Cake breaks through resistance: positive signal?

    Technically speaking, the native token of Pancakewap, Cake, has also started to show remarkable movements. The popular crypto analyst crypto bull-360 Fixedthat Cake has just exceeded the downward trend line and the nearest resistance area. This is sometimes seen in the trade environment as a bullish sign that can open up opportunities for further profits.

    Quelle: CryptoBull_360 on X

    Does this mean that cake will rise sharply? Of course, we have to check the current technical confirmation, since the crypto area is always good for surprises. However, signs such as this are worth considering for dealers.

    At the editorial deadline, Cake is traded for around $ 2.15 and has increased by 15.81 % in the last 24 hours and 39.29 % in the last 7 days.

  • Peter Schiff’s latest Bitcoin dolloracle: crash to $ 20,000

    Peter Schiff’s latest Bitcoin dolloracle: crash to $ 20,000



    • Peter Schiff, economist and notorious Bitcoin Opponent, sees the BTX course at $ 20,000 if the Nasdaq corrects by 40%.
    • His prediction is based on the direct correlation between the two assets and the Bitcoin decline of 24%.

    Bitcoin (BTC) fights for a decisive increase over the price level of $ 84,000 after an unexpected market liquidation dropped the asset in just one month from $ 96,000. At the time of going to press, the asset was traded at $ 83,000 and was over in the last 24 hours 1 % and in the last 30 days around 14,9 % sunk. In the meantime, things are expected to get worse because the renowned economist Peter Schiff bursts a bomb.

    In his latest analysis, Schiff found that Bitcoin could fall to $ 20,000 as soon as the Nasdaq drops out of the highest level by 40 % and entered the bear market. Just like the broad crypto market, the US stock market also experienced serious corrections last week, with the NASDAQ lost 12 % of its profits, as we explained in our latest blog post.

    If you look at this analogy from a historical perspective, Bitcoin usually maintains a close correlation with the NASDAQ. According to the data, a decrease of 12 % in the case of stock values ​​usually corresponds to a decrease of 24 % in Bitcoin. Based on the current level, the Bitcoin price is $ 65,000. A decline in NASDAQ by 20 % could press the Bitcoin course to $ 55,000.

    In his contribution, Schiff pointed out that the Nasdaq experienced an even more brutal decline to get into the Baissezone. A typical example is the decline of 80 %, which was recorded during the Dotcom bubble. He also fell 55 % during the financial crisis in 2008 and lost 30 % of its value during the Covid period in 2020. According to his calculations, the asset has an average decline of 55 %. But even a decline of 40 % could be a disaster for Bitcoin.

    Bitcoin

    Schiff’s assessment of Bitcoin

    In the further analysis of ship analysis, we found that other assets, including gold, have a negative correlation with the NASDAQ. According to him, this has been the case since December 16, 2023. This means that a decline in the NASDAQ could lead to gold over $ 3,800.

    “Since the Nasdaq height on December 16, 2023, gold has risen by 13 %, which corresponds to an almost perfect 1: 1 correlation. Dollars collapses on the foreign exchange markets. “

    In comparison between the two assets, Schiff said that Bitcoin would mean a full decrease of 85 % at $ 20,000. However, the gold value of $ 3,800 would show that Bitcoin would be a value preservation means like gold. According to him, this would weaken the justification of the US government or a state authority to include Bitcoin in the national strategic reserve.

    “Even for ETF investors, there would be no reason to keep their positions.

    As CNF reported, analyst Michael van de Poppe believes that Bitcoin can make a change as soon as he has reached the $ 84k brand,

    Against this background, US President Donald Trump signed a decree to set up a strategic Bitcoin reserve. The inclusion of XRP, Ada, Sol and ETH in the crypto reserve is also considered.

  • Lazarus cybergear now stole 13,562 Bitcoin-more than some state holds up reserves

    Lazarus cybergear now stole 13,562 Bitcoin-more than some state holds up reserves



    • The Lazarus hacker group steel so far 13,562 bitcoins-more than the Bitcoin reserves of El Salvador and Bhutan.
    • In addition, the cyber Mobsters operating on behalf of North Korea are steel this year Ethereum worth over $ 1.5 billion.

    The Lazarus Group, a North Korean hacker group, has according to your own statements Currently 13,562 Bitcoin (BTC) worth around $ 1.14 billion.

    According to the United States and the United Kingdom, this sum exceeds the Bitcoin reserves of El Salvador and Bhutan and makes North Korea one of the countries with the largest BTC reserves worldwide. In contrast to the states that legally collect Bitcoin, the Lazarus Group has acquired these assets through several cyber attacks.

    Lazarus gangster: mastermind of the largest crypto-Raube

    The Lazarus gang is behind a number of large thefts of digital assets. With the theft of more than $ 1.5 billion in Ethereum from the Bybit crypto exchange this year, you have set a record. This is one of the biggest hacks in the annals of the crypto sector.

    The FBI asked the crypto sector not to participate in the income of the crime and expressly linked North Korea to the situation.

    As a victim of the hack, Bybit has confirmed the incident and promised to compensate the users concerned. In addition, the security protocols are tightened to prevent further attacks. However, this incident shows that the hackers are more and more sophisticated in their activities.

    Increasingly sophisticated hacking tactics

    The Lazarus Group is not only dependent on direct attacks on cryptocurrency exchanges. The CNF report shows that a current analysis by Socket Research showed that the group used six malignant packages that were downloaded more than 330 times. These packages are intended to steal login passwords, install back doors and exfilter private information from Solana and Exodus crypto wallets.

    The investigation also showed that the methods used in this attack are reminiscent of previous Lazarus operations. By aiming at the victim’s browser profiles, you can access Chrome, Brave, Firefox and even the keychain of MacOS to collect important data.

    Massive cryptododie fueling geopolitical tensions

    The Lazarus Group and other North Korean hacker organizations worldwide are responsible for crypto theft this year worth over $ 659 million.

    Some of the best-known cases concern $ 308 million from DMM Bitcoin in Japan and $ 235 million from the Wazirx exchange in India. These costly attacks even led to DMM Bitcoin forced to hire his activities.

    The United States, Japan and South Korea, prompted these events to publish a joint explanation in which they warned of the cyber risks emitted by North Korea. They claimed that the country’s nuclear and rocket projects were financed from the income of these crimes.

    Although the crypta room has always offered freedom and decentralization, it is also a rich field for criminals such as the Lazarus gangsters. The risk of digital assets does not seem to be reduced in the foreseeable future, since the hacking technologies and methods are constantly evolving.

  • Cryptoanalyst sees XRP digging-but prognosted bullrun to $ 30

    Cryptoanalyst sees XRP digging-but prognosted bullrun to $ 30



    • Analyst Steph suspects that XRP has reached its low point and refers to a positive divergence in the RSI despite continuing price losses.
    • Historical patterns suggest that XRP keeps over $ 1.89, whereby market observers suspect long -term recovery.

    Crypto market analyst Steph thinks that XRP could have passed the valley sole. The findings of the analyst come at a time when XRP is fighting with a downturn, which began in February and was triggered by a larger market dock, which was triggered by macroeconomic turbulence and a significant slump in the US stock markets.

    Despite the decline, the analyst believes that this is a strong sign of an upcoming price reversal. He emphasizes an interest bully divergence on the XRP daily chart, a pattern that indicates that the sales pressure could decrease. This divergence occurred between February 29 and March 11th and indicates that the cryptocurrency value will no longer decrease.

    Quelle: TradingView

    An interest bully divergence occurs when the course of a financial value reaches new lowest, while an indicator like the relative stringth index (RSI) indicates higher deep stalls, which indicates a declining down dynamics. According to Stephs Chart, XRP reached a value of $ 1.95 on February 29, after an announcement by President Donald Trump, recovered slightly, but then corrected a lower low of $ 1.89 on March 11.

    Indicators indicate the XRP price limit

    Interestingly, the RSI of XRP did not follow the price development directly. On February 29, when XRP reached $ 1.95, the RSI fell to 33.54. Although XRP continued to fell to $ 1.89 on March 11, the RSI climbed to 43.47, which indicates that the downward moment could lose strength.

    Steph sees historical similarities in the behavior of XRP. He refers to June 2022 when the cryptocurrency during the bear market showed a similar bullish divergence. At that time, XRP reached its low point at $ 0.28, while the RSI showed a stronger momentum. Although it took months before XRP recorded a significant increase, the price never fell below this level again.

    If the current trend reflects the year 2022, Steph believes that XRP could have reached a solid soil at $ 1.89. This does not necessarily mean an immediate explosive rally, but it strengthens the argument that the asset is declining. The investors now speculate whether the story will repeat themselves and pave the way for a massive increase.

    XRP rating increases and exceeds Ethereum FDV

    Another important development is that XRP-FDV has overtaken the Ethereum-a milestone that signals a significant change in market dynamics. The FDV – the Fully Diluted Valuation, ie the “fully watered evaluation” – is the market capitalization of a cryptocurrency if the entire token stock was in circulation.

    As of March 14, the FDV of XRP was almost $ 235 billion and thus exceeded that from Ether by more than $ 1 billion, based on Data von Coingecko .

    This shift reflects a growing wave of interest in the decentralized finance ecosystem (Defi) from XRP Ledger, while Ethereum faces growing competition through other Layer 1 blockchains such as Solana. However, Ethereum still has a lead in the market capitalization, which is $ 233 billion, compared to $ 136 billion of XRP.

    The FDV represents the total value of all existing tokens, while market capitalization only takes into account the tokens already in circulation. Since Ripple Labs keeps a billion -dollar allocation of XRP, the overall rating of the coin is given additional weight. The question now is whether this trend will continue or whether Ethereum will recapture its dominance.

    Is an XRP increase of $ 30 possible?

    The speculations about the potential of XRP to exceed the previous highs are increasing. While analysts remain careful in short -term expectations, historical data indicate that persistent positive divergence is often preceded by major price increases. When XRP lasts over $ 1.89, retailers see the possibility of a bullrun.

    Since XRP gains momentum and its FDV exceeds that exceeds Ethereum, the cryptocurrency seems to be in a strong position. Whether it reaches the ambitious $ 30 goal remains uncertain, but the signs of significant market shift are becoming increasingly stronger.

  • Toncoin rally heats up: “Large entry zone” identified

    Toncoin rally heats up: “Large entry zone” identified



    • Toncoin’s price increase is powered by technical strength and the positive development around Telegram founder Pavel Durov.
    • If tone retains his momentum, the course can achieve $ 5 by the middle of the year, which would be a good long -term investment chance.

    Toncoin (sound) experienced a remarkable increase of over 50 % last week and attracted the attention of investors and analysts alike. As CNF reported, the sound system remains optimistic, with price forecasts up to $ 19.

    Pavel Durov’s legal developments

    Durov’s departure from France takes place in the middle of an ongoing examination of allegations that Telegram has supported illegal activities, including drug trafficking and terrorism.

    After his arrest in August 2024 near Paris, Durov was formally investigated, but no charges were raised. He deposited a deposit of 5 million euros and was initially not allowed to leave France. However, the latest reports confirm that he can now travel to Dubai.

    Technical outlook for Toncoin

    According to the recent updates from Binance, the sound course has recovered from a technical point of view from the $ 2.35 support, which has marked the deepest stand for a year. Analysts refer to the range of $ 2.40 to $ 3.00 as a great entry zone for long -term investors.

    If sound keeps his swing, he could target the resistance of the descending trend line, which could drive the price in the direction of $ 5 by mid -2025.

    Toncoin’s market position and future forecasts

    It is also worth noting that the latest rally from Toncoin led him past the market capitalization to Stellar (XLM), which is a sign of the growing trust of investors and increasing acceptance.

    Despite the impressive growth, the market mood remains mixed, and technical indicators indicate potential volatility in the future. However, analysts remain optimistic. Some predict that sound could reach a price of $ 3.68 by March 19, 2025, which corresponds to an increase of 30.3 % compared to the current course. If the upward dynamics last, Toncoin could experience further outbreaks in the coming months.

    According to the data from CoinmarketCap, sound is currently being traded at $ 3.44, which means a decrease of 0.44 % over the past day, but an impressive increase of 28.07 % in the last week.

  • Bitcoin forecast: Analysts set $ 126,000 target for June

    Bitcoin forecast: Analysts set $ 126,000 target for June



    • Historical trends and growing institutional interest suggest that Bitcoin can reach $ 126,000 by June, with the long-term forecasts up to 250,000.
    • The upcoming approval of Bitcoin ETFs and the halving of the Bitcoin offer can create the basis for the next major price increase.

    Economist Timothy Peterson has observed that the annual Bitcoin performance will take place especially in two months: April and October. In a tweet, Peterson indicates that Bitcoin is currently being traded near the lower end of his historical seasonal span, which implies potential for significant upgrading in the coming months.

    Peterson assumes that Bitcoin, if the historical patterns continue, could reach a new all -time high before June 2025, with an average target of $ 126,000 until June 1st.

    Market dynamics and influencing factors

    Several prominent analysts set ambitious goals for Bitcoin in 2025. CNBC analyst Tom Lee imagines that Bitcoin reaches $ 250,000, while Matthew Sigel von Vaneck predicts a price of $ 180,000. These forecasts are underpinned by a strong belief in the resistance of Bitcoin and its increasing acceptance in various sectors.

    The price movements of Bitcoin are influenced by an interaction of various factors, including regulatory developments, technological progress and macroeconomic trends. It is expected that the expected admission of listed Bitcoin Spot Fund (ETFs) will attract significant institutional investments, which could potentially drive up prices.

    In addition, the inherent scarcity of Bitcoin, which is reinforced by the halving events, continues to increase its attractiveness as security against inflation.

    Current market mood

    Despite the latest fluctuations, the general mood on the cryptocurrency market remains positive. Both investors and analysts carefully observe the upcoming regulatory decisions and technological developments that could further legitimize and stabilize the cryptocurrency market.

    The growing interest of institutional investors and the general public indicates a mature market that is ready for sustainable growth.

    As CNF reported, Bitcoin is still under the pressure of economic trends. Although the crypto market is of nature, historical trends and current analyzes indicate a promising view of Bitcoin in 2025.

    With forecasts that are between $ 126,000 and $ 250,000, investors are optimistic that Bitcoin can reach new heights. As always, it is important for investors to do thorough research and to take into account the risks associated with cryptocurrency investments.

    Despite this small slump, many analysts remain optimistic about Bitcoin’s future, especially since we are approaching in mid -2025. According to the latest data, Bitcoin is currently trading at around $ 83,527, which means a slight decrease of 0.81 % in the last 24 hours and an increase of 1.92 % last week.

  • VeChain’s Latest Vote Signals Big Changes—Why VET Deserves Attention

    VeChain’s Latest Vote Signals Big Changes—Why VET Deserves Attention



    • VeChain’s Galactica upgrade introduces key proposals improving scalability, efficiency, and interoperability, aligning it with major blockchain networks.
    • Analysts predict VeChain’s potential 230% price surge as technical indicators signal a bullish breakout from a falling wedge pattern.

    VeChain ($VET) enters what analyst Bitcoin Ape calls an “attractive accumulation zone.” With price charts signaling a potential breakout, the blockchain network is making major moves that could define its future. The latest Galactica vote has set the stage for sweeping changes, making this a crucial time for traders and long-term holders.

    The Galactica upgrade is the first phase of the VeChain Renaissance, a three-part transformation that will redefine the network’s fundamentals. It introduces four VeChain Improvement Proposals (VIPs), each aimed at improving scalability, efficiency, and interoperability.

    The community-wide vote, which starts on February 24th via the VeVote platform, calls on Authority Masternodes, Economic Nodes, and X Nodes to participate in shaping VeChain’s next chapter. CEO Sunny Lu and R&D Head Alec Burns will address stakeholders in an AMA session on February 19th, ensuring the community understands the importance of these upgrades.

    Ethereum-Like Fees & EVM Upgrade—What It Means

    One of the most anticipated upgrades is VIP-251, which replaces VeChain’s fixed transaction fee model with a Dynamic Fee Market, mirroring Ethereum’s EIP-1559. This change adjusts base fees according to network demand, reducing spam attacks and improving overall efficiency. The move aligns VeChain with major blockchain networks and ensures long-term scalability.

    VIP-242 enhances Ethereum Virtual Machine (EVM) compatibility, updating VeChainThor to match Ethereum’s Shanghai upgrade. This improvement allows developers to migrate applications seamlessly, expanding VeChain’s usability beyond its native ecosystem. These updates make VeChain more attractive for enterprise adoption, opening the door for greater cross-chain integration.

    Additional technical refinements include VIP-252, which streamlines blockchain transactions with a typed transaction system, and VIP-250, which simplifies smart contract execution. Combined, these enhancements improve speed, efficiency, and developer accessibility, reinforcing VeChain’s position as a leading blockchain for enterprise solutions.

    VET Nears Key Breakout Zone—230% Surge in Sight

    Technical analysis suggests that $VET is on the verge of a major breakout from a falling wedge pattern, a historically bullish indicator. The cryptocurrency is currently trading at $0.02419, sitting in a critical accumulation zone. Analysts predict that if VeChain breaks key resistance at $0.04572, it could surge towards $0.075-$0.08—a potential 230% increase.

    Source: Bitcoin Ape

    Market volume trends indicate strong buying pressure, with the Moving Average Convergence Divergence (MACD) signaling a momentum shift. These signs suggest that VeChain could see a significant price movement in the coming weeks, especially as investor confidence builds around the Galactica upgrade and its long-term implications.

    Source: CoinGlass

    Vechain’s open interests have also surged 5.70% following the recent developments, while the long/short ratio stands at 1.52, showing bullish sentiments among investors. The decision to burn 100% of $VTHO base fees has also strengthened VeChain’s supply mechanism, reducing inflation and increasing long-term bullish outlook for token holders.

  • Ripple-News: Critics doubts the existence of a real economy application for XRP

    Ripple-News: Critics doubts the existence of a real economy application for XRP



    • Annual transactions in the ripplenet of $ 7 billion prove the practical benefits of XRP in intentational payment transactions.
    • But a critic says that XRP lacks real acceptance and the Mark value is actually an illusion, creates through clever marketing and political lobbying.

    Eric Yakes, author and managing partner at EPOCHVC, explains how Ripples marketing tactics, bank partnerships and political lobbying have boosted the perceived value of XRP, although there is no real acceptance.

    In a YouTube video by Byte Federal, Inc. entitled “The Truth About Krypto”, Eric Yakes explains how the strategic partnerships and the market positioning of Ripple contributed to the perceived value of XRP, although the actual acceptance remains questionable.

    The team also examined the growing institutional acceptance of Bitcoin, Michael Saylors Kühne CPAC statements and knowledge from ERICS YAKES 2024 Bitcoin Ecosystem Report.

    While XRP is criticized with regard to its real applications, its robust market strategies, its persistent benefits in cross -border payment transactions and recent price movements continue to ensure both discussions and optimism among investors and analysts. CNF reported in another context:

    “The potential dismissal of the SEC against Ripple marks a decisive moment for XRP and the crypto industry in general.

    Ripple’s XRP token has caused both enthusiasm and skepticism in the industry. A recent survey by Patrick Bet-David made it clear and showed that 43.8 % of the Ripple surveyed sees the best long-term technology and thus surpassed Bitcoin that received 35 % of the votes.

    Eric has expressed reservations about the practical applications of XRP. He points out that despite the founding of Ripple in 2012 there was a continuing debate about its specific applications. Originally designed to facilitate transfer payments and as a handling system for banks, the focus of Ripple has shifted to the development of a digital central bank currency (CBDC).

    Success of Ripple and the XRP course development

    Despite these criticisms, Ripple has proven a good knack for strategic positioning. With effective marketing, Ripple has created a remarkable presence in the crypto area. His payment network Ripplenet currently handles transactions worth around $ 7 billion annually and thus underlines its benefits in international payments.

    When writing this article, XRP is traded at $ 2.33, which reflects a decrease of 2.53 % in the last 24 hours and an increase of an increase of 6.46 % last week. The market capitalization of the token is around $ 135.74 billion, with a 24-hour trading volume of around $ 4.07 billion.