Dalmas, a seasoned crypto reporter, has been able to bring a unique perspective to the industry through his specialization in NFTs, blockchain, DeFi, and blockchain news. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles over the past eight years. His
Ripple
The recent positive inflows towards the largest spot Bitcoin ETFs in the US have not been enough to stabilize the price of the underlying asset. Despite initial gains, the price retraced significantly in the past day, dipping below $65,000 at one point. However, it has managed to bounce back and is currently hovering around $67,000.
Ripple’s XRP has seen a significant surge in price recently, with a 40% increase in value over the past two weeks. This sudden uptick has brought the digital asset to above $0.60, sparking optimism among investors and analysts alike. However, the road ahead remains uncertain, with some questioning the sustainability of this rally. Some analysts
Ethereum showed a promising recovery this week, with a 12% price increase. The market rally allowed ETH to establish $3,300 as a key support level, setting a new base for further growth. The next target for buyers is $4,000, which also serves as a key resistance level. Optimism is returning to the market, with potential
Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years.
In recent days, Bitcoin has seen a significant price recovery, reaching a milestone of $66,000 for the first time in about a month. This comes after a period of extreme turbulence earlier in the month, which saw the price of the leading cryptocurrency drop to a three-month low of under $54,000 on July 5. However,
The world of cryptocurrency and digital assets has witnessed a dramatic surge in lobbying expenditures over the past seven years, according to a recent study conducted by Social Capital Markets. The study found an astonishing 1,386% increase in lobbying spend by crypto companies, skyrocketing from $2.72 million in 2017 to a staggering $40.42 million in
Cryptocurrency giants like Coinbase, Ripple, and Andreessen Horowitz (a16z) have taken a significant step by sending representatives to the Republican National Convention (RNC) and the upcoming Democratic National Convention (DNC). This move showcases their commitment to engaging with lawmakers from both political parties to advocate for policies that are favorable to the crypto industry. The
The recent surge in XRP price has caught the attention of many in the cryptocurrency sector. With the global market capitalization of cryptocurrencies exceeding $2.4 trillion, XRP has stood out as one of the best performers. It recorded a 27% price increase over the past week, surpassing other major digital assets like Bitcoin, Ethereum, and
Bitcoin’s price has been on a roller coaster ride recently, with significant fluctuations within a short period. The sudden pump to nearly $60,000 after the release of CPI numbers was followed by a sharp decline of over two thousand dollars. This extreme volatility has left investors and traders on edge, unsure of what to expect