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Author: Sam Allcock
Canary, a leading crypto investment firm, has filed for an XRP Exchange-Traded Fund (ETF). The move is expected to significantly enhance Ripple’s adoption.This filing follows closely on the heels of Bitwise’s similar announcement, marking a notable trend among financial giants towards XRP ETFs.Canary’s Strategic InitiativeCanary Capital has officially submitted an S-1 filing to the US Securities and Exchange Commission (SEC) for launching an XRP ETF. This strategic initiative positions Canary as a front-runner in the competitive cryptocurrency investment landscape. Canary aims to facilitate easy access to XRP through traditional brokerage accounts, bypassing the complexities often associated with direct crypto acquisition.This…
Cardano (ADA) has recently slipped from its position as one of the top 10 cryptocurrencies, currently ranking as the 11th largest digital asset with a market capitalisation of $11.95 billion. This decline is in part due to the asset’s price dipping significantly within the market.Present Market Dynamics and Future InsightsIn contrast to other digital currencies, Cardano has shown minimal growth in recent weeks. Its price, presently at $0.3415, marks an 88% decrease from its historic peak of $3.10. Investors are observing a period of stagnation as the asset seems to lack momentum.The current sentiment among investors is often summarised as…
Shytoshi Kusama, the visionary behind the Shiba Inu project, has sparked speculation with a cryptic social media post.This whisper of possible departure has fueled discussions on its potential impact on Shiba Inu and the broader crypto market.Kusama’s recent social media activity has sent the Shiba Inu community into a flurry of speculation. By reposting a message from fellow user Tsukiyomi Mishima that reads, “I think this will be the last chapter to my story…”, Kusama has left followers wondering about his future involvement with the Shiba Inu project. The inclusion of “The Great Wave off Kanagawa,” a renowned Japanese print,…
In the world of cryptocurrency, where millions can be made or lost in minutes, a modest $40 profit can hold immense significance.This narrative reveals that wealth is not just measured in numbers but in the lives impacted by those figures. It is a tale of love, sacrifice, and the true essence of wealth.In the dynamic realm of cryptocurrency, soaring profits often make headlines. Yet, it is stories like this that reveal the profound impact even modest gains can have. The $40 profit realised by one trader underscores that small victories are worth celebrating, especially when they come at a crucial…
NEIRO has captured considerable market attention following a remarkable 70% surge, signalling potential for continued growth. The cryptocurrency’s recent breakout presents significant opportunities.With its value ascent and strong market positioning, NEIRO garners interest from traders and analysts predicting sustained upward momentum. As market dynamics evolve, all eyes are on NEIRO’s future. Breakout from Descending Channel Sparks Price RallyThe cryptocurrency NEIRO has shown remarkable dynamics, climbing 70.61% in value over the past week. Initially contained within a descending channel, NEIRO broke free, indicating a potential reversal of trends. This breakout has catalysed a significant uptrend, capturing the attention of traders and…
A scandal in the world of digital currency has emerged with Russia’s “Crypto Queen.” Valeria Fedyakina, also known as Bitmama, faces allegations of hiding millions and running fraudulent schemes.Fedyakina, once celebrated for her success in cryptocurrency, is now under investigation for hiding $70 million in cash and deceiving investors. The revelations have sent shockwaves through the cryptocurrency community, highlighting the potential dangers in the unregulated world of digital assets.Valeria Fedyakina, widely recognized on social media as Bitmama, ascended to fame by portraying a lavish lifestyle purportedly funded by cryptocurrency successes. She mesmerised online followers with images of opulence, presenting herself…
The digital yuan is making substantial progress as China executes its CBDC trials with Saudi Arabia and others. This move signifies a shift in global financial dynamics, challenging the US dollar’s longstanding dominance.In recent months, China has vigorously pursued the internationalisation of its currency, the yuan. By initiating digital currency trials with Saudi Arabia, China aims to expand its influence in global finance, reflecting a strategic move towards a multipolar economic landscape.The usage of the Chinese yuan in cross-border transactions has experienced a remarkable rise this year. According to the People’s Bank of China, there has been a 21.1% increase…
As we draw closer to the end of 2024, expectations within the cryptocurrency community are escalating. Historically, the fourth quarter has presented positive performances across the market. This year, the anticipation for Bitcoin (BTC) to ascend to £100,000 is notably strong.Bitcoin’s path to £100K might seem uncertain presently. Analysts are urging a retrospective look at previous cycles. In 2012, there was a 9% price increase during Q4, and in 2016, a notable 59%. Crucially, 2020 saw Bitcoin appreciating by 171%. Ash Crypto, a trader, believes a breakout could occur within two to three weeks.Bitcoin’s potential price increase might extend beyond…
Ethereum, a leading name in the cryptocurrency market, has experienced a recent dip in its value. Despite this, experts suggest that a significant price rally may be on the horizon.The current market scenario reflects mixed sentiments, but Ethereum’s potential for a comeback remains strong. Cryptocurrency analysts are optimistic about its future trajectory, predicting a rise to $6,000.Ethereum has faced a notable decline in its market value, dropping from over $2,600 to the mid-$2,400 mark. This price correction is part of a broader market dip that occurred following geopolitical tensions, specifically Iran’s attack on Israel. This development has further stymied Ethereum’s…
Tesco is investing £4m to enhance fruit and vegetable access for students.The initiative will benefit 140,000 pupils across 400 schools.Focuses on areas with higher free school meal ratios.Expected to improve children’s nutritional intake significantly.Launches in collaboration with the British Nutrition Foundation.Tesco has announced a substantial investment of £4 million aimed at improving the dietary habits of young people through its new ‘Fruit & Veg for Schools’ programme. This initiative will deliver fresh fruit and vegetables to 140,000 pupils across 400 schools. By targeting institutions where there is a higher-than-average proportion of free school meals, the programme seeks to address nutritional…