Author: Sam Allcock
On the second Monday of October, the United States observes Indigenous Peoples’ Day, also recognised as Columbus Day by some regions. This day pays tribute to the rich cultural heritage and contributions of Native American communities.As this holiday affects various services and operations across the nation, understanding what remains active or pauses for the celebration becomes essential for effective planning. From official bank holidays to educational programs, each sector responds uniquely to this day.Banking OperationsOn Indigenous Peoples’ Day, while the stock markets like Nasdaq and the New York Stock Exchange remain open, most major banks, including Bank of America, Wells…
The cryptocurrency community is abuzz with discussions on whether XRP can achieve an ambitious price target of $40 by the end of 2024.This topic has sparked varied opinions and analyses, with enthusiasts examining historical price patterns and current market conditions.Cryptocurrency enthusiasts often draw parallels between past price movements and future potential. In 2017, XRP reached an all-time high of $3, propelled by breaking out of a consolidating triangle pattern. Currently, similar patterns appear to be forming, suggesting a potential surge in XRP’s price. Such historical insights form a basis for optimistic forecasts suggesting a price as high as $40 by…
Ripple’s recent strategic manoeuvres have sparked considerable excitement within the cryptocurrency space. The launch of RLUSD, Ripple’s stablecoin, is anticipated to prompt significant changes in XRP’s market dynamics.Crypto trader Levi has expressed optimism regarding XRP’s future, suggesting that the RLUSD could propel its value significantly higher. In this analysis, Levi delves into the potential market impacts of RLUSD’s introduction.Unclear SEC Regulations on CryptocurrencyIn a recent revelation, prominent crypto trader Levi spotlighted the ongoing ambiguity in the SEC’s cryptocurrency regulations. During a congressional hearing, questions surrounding the lack of clarity from the SEC regarding the classification of certain cryptocurrencies were raised.…
Shiba Inu, the cryptocurrency boasting a remarkable following of investors worldwide, is seen as a potential gateway to financial independence. Its appeal lies in the promise of substantial wealth creation, prompting many to envision a life beyond traditional employment. For numerous Shiba Inu investors, the target of reaching $0.01 per token could herald a new era of financial liberation.A recent poll has highlighted that a significant proportion of Shiba Inu investors anticipate leaving their jobs if the cryptocurrency achieves the coveted price point of $0.01. This potential for financial transformation is not only a testament to the investors’ confidence in…
The Philippines is rapidly emerging as a leading hub for cryptocurrency enthusiasts. With nearly 10% of the population owning digital assets, the nation is witnessing a surge in demand for reliable crypto exchanges.This guide aims to navigate the complex cryptocurrency exchange landscape in the Philippines, offering insights into platforms that provide secure and user-friendly services. As blockchain technology continues to evolve, choosing the right exchange becomes crucial for both novice and seasoned investors.The Expanding Cryptocurrency Scene in the PhilippinesThe Philippines was placed sixth in the 2023 Crypto Adoption Index by Chainalysis. This positioning underscores the country’s growing enthusiasm for cryptocurrencies.…
James Howells, an IT engineer, is pursuing a landmark legal case against Newport City Council. The case delves into a lost hard drive containing 8,000 Bitcoin.Howells asserts this oversight occurred during a 2013 household clearout. Today, the value of the Bitcoin far exceeds its initial worth, underpinning the hefty damages claim.James Howells, an IT engineer from Newport, seeks $647 million in damages from Newport City Council for blocking his attempts to recover a hard drive containing 8,000 Bitcoin. This lawsuit stems from his accidental disposal of the device during a 2013 clearout. At that time, the Bitcoin was valued at…
The BRICS coalition, known for its significant influence in reshaping global economic dynamics, is witnessing a groundbreaking shift.For the first time, a North American nation, Cuba, has submitted an official application to join the influential bloc, marking a significant step in the BRICS expansion strategy.Cuba’s recent application marks a strategic pivot towards aligning with the BRICS nations, renowned for their economic prowess. The application was confirmed by the Russian Ambassador to Cuba, Viktor Coronelli, indicating a potential shift in regional alliances and economic strategies.Should Cuba gain BRICS membership, it would highlight a significant step towards diversifying economic partnerships in North…
Brad Garlinghouse, Ripple’s CEO, has openly criticised the US Securities and Exchange Commission (SEC) for its ongoing regulatory stance against XRP. Despite a court ruling declaring XRP not a security, the SEC persists, stirring significant debate within the crypto sphere.As the SEC and Ripple clash over the classification of XRP, the determination of whether XRP is a security remains unresolved. This ongoing legal wrangle has profound implications for the cryptocurrency industry and its regulatory future.Ripple’s Enduring Legal Struggle with the SECRipple, a pioneering force in blockchain technology, has been embroiled in a prolonged legal battle with the SEC, centred around…
In the evolving world of decentralised finance, integrating innovative solutions like the Blast network into your digital toolkit is essential. MetaMask, a leading digital wallet, offers a seamless avenue for this integration.Whether you are a seasoned DeFi enthusiast or a newcomer, understanding how to effectively add the Blast network to MetaMask can enhance your financial strategy. This article guides you through this process, ensuring you can fully capitalise on the opportunities the Blast network provides.Understanding MetaMask’s Role in DeFiMetaMask stands out as a pivotal gateway for accessing various blockchain networks, particularly in the DeFi sector. With its support for Ethereum…
In recent discussions, Ripple’s former executive, Matt Hamilton, shared his insights into why he considers XRP to surpass Bitcoin in several aspects.Hamilton’s viewpoint is particularly relevant given the significant shifts within the cryptocurrency sector this year.Throughout 2024, Bitcoin and Ripple have charted contrasting narratives. Bitcoin achieved a milestone as the first crypto-based ETF to gain US SEC approval, yet continues to wrestle with scalability issues, posing challenges to widespread adoption.Matt Hamilton emphasises that XRP offers significant scalability advantages over Bitcoin. The XRP Ledger has improved its network throughput from 1,500 TPS to 3,400 TPS, enabling it to handle extensive cross-border…