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Robinhood, a major player in the United States financial technology industry is set to stretch out its trading services in the United Kingdom for the purpose of growing its business globally. Robinhood To Offer US Stock Trading In the UK Co-founder and Chief Executive Officer (CEO) of Robinhood Vladimir Tenev confirmed the expansion toward the UK sector in an interview with Bloomberg. According to the CEO, the expansion aims to bring the US stocks into the UK market. The CEO stated: The intention is, for the U.K. market, Robinhood to be the best place to invest U.S. stocks, U.S. dollars,…
In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the current year, the bank identifies the onset of what they refer to as the ‘crypto spring.’ This period of renewed vitality in the cryptocurrency market has sparked optimism, leading Standard Chartered to set an ambitious target for Bitcoin’s future valuation. Bitcoin Surpasses $38,200, StanChart Predicts $100K By 2024 The world’s largest cryptocurrency, Bitcoin, attracted interest from institutional investors once again this week, as its price…
The XRP price keeps being projected to enjoy a massive rally soon enough. Many have continued to speculate when this might happen. A crypto analyst has some answers, as he has highlighted three key indicators that could trigger this rally. Three Determinants For A “Parabolic Move” In a post shared on his X (formerly Twitter) platform, crypto analyst JD noted that XRP’s monthly was coming. He went on to state three things that “need” to happen if XRP is to see a massive rally. The first factor he highlighted was the Stochastic Relative Strength Index (SRSI). He stated that there…
Dogecoin holders just surpassed 5 million addresses this week, a huge milestone for the meme cryptocurrency. According to data from on-chain analytics platform IntoTheBlock, Dogecoin addresses have been growing steadily since the beginning of the year. At the same time, DOGE is up by 43% from its October bottom of $0.056. However, this growth is still small when compared to other popular cryptocurrencies, as DOGE is still yet to reach $0.1 this year. This major growth in addresses could be the catalyst needed for Dogecoin to reach its next price target to push it to $0.1. New Milestone For Dogecoin…
Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone. DOGE started a decent increase above the $0.0750 resistance against the US dollar. The price is trading above the $0.0785 level and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could start a strong rally like Solana if it clears the $0.0812 resistance. Dogecoin Price Eyes Fresh Rally After forming…
Bitcoin (BTC) has again demonstrated its bullish momentum by surging above the $38,000 mark. Breaking free from the recent trading range between $36,500 and $37,500, BTC currently trades at $38,100, slightly below its yearly high of $38,400 achieved on Friday, November 24. However, this is just one of the many milestones BTC has achieved during its ongoing bullish resurgence. Bitcoin Achieves New 52-Week Closing Record According to crypto trading firm The Birb Nest, Bitcoin has set a new 52-week closing record by a small margin, holding above $32,000 for four consecutive weeks, demonstrating the continued strength of the uptrend. Per the…
XRP investors may be looking at one of the most important upgrades yet according to a prominent developer in the community. This was revealed by the lead developer of one of the major projects building on the XRP Ledger, hinting that a MasterCard integration may be coming. Bringing MasterCard, Self-Custody, And More To XRP In a post that was shared on X (formerly Twitter), Xumm Wallet lead developer Wietse Wind excitedly announced to the community that self-custody is on the way. The announcement featured a screenshot that showed the option to make purchases with prepaid XRP, a feature that is…
XRP has taken investors on an exciting roller coaster ride this year, taking them on a trip through the highs and lows of the market. There have been a lot of ups and downs, from a small rise in March to a huge surge in July and another one in the middle of October. Even though this exciting adventure has ended, XRP is now trading at a mere $0.59, a huge drop of 30% from its all-time high of $0.95. Despite this, the current trajectory of XRP showcases a prolonged consolidative pattern spanning multiple months, hinting at a potential windfall…
As the use of crypto for payments continues to grow, crypto payment processors and gateways are becoming pivotal to facilitating transactions. Crypto payment processing involves the handling of transactions conducted using cryptocurrencies. A cryptocurrency payment refers to a transaction conducted using a cryptocurrency as a medium of exchange, replacing traditional fiat money. Pros and Cons of Crypto Payments Processing Advantages Cryptocurrency payments are decentralized, offering faster, cheaper, and more secure transactions without reliance on central authorities. Crypto transactions are processed swiftly, leveraging highly secure blockchain technology. With no intermediaries involved, transaction fees for crypto payments are generally lower than…
In the non-fungible tokens (NFTs) sector, scammers are constantly devising new methods to exploit unsuspecting collectors. The latest incident involves fraudsters posing as journalists from Forbes magazine, specifically targeting Bored Ape Yacht Club (BAYC) NFT holders. One BAYC owner, “Crumz,” recently shared his encounter with these scammers, detailing the elaborate scheme designed to steal his digital assets. BAYC Collector’s Close Encounter With Scammers According to Crumz, the scam began when he received a direct message on X (formerly Twitter) from someone claiming to be a Forbes editor named Robert Lafranco. Intrigued by the prospect of being featured in an article…