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In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector. While most altcoins have posted losses or traded sideways over the same period, and Bitcoin has registered only a modest 0.7% gain, XRP’s recent outperformance stands out as a clear anomaly. So, why Is XRP outperforming the crypto market? #1 Imminent Launch Of Ripple’s Stablecoin RLUSD A key catalyst behind XRP’s rally appears to be the imminent launch of Ripple’s long-discussed stablecoin, RLUSD. Yesterday, Ripple CEO Brad Garlinghouse confirmed via X that RLUSD had secured a pivotal regulatory approval. He stated: “This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from Ripple first.” [...]

According to software developer Patrick O’Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.

An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.

Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge, climbing 12.3%, while zcash (ZEC) wasn’t far behind, advancing 15.4% against the U.S. dollar. Several others joined the rally, posting double-digit gains and keeping the momentum alive. Privacy Crypto Frenzy On Dec. 11, […]

Today’s US Inflation report revealed that the Consumer Price Index (CPI) data landed right on.. The post US Inflation Data Hits 2.7%: Triggers Violent Bitcoin Price Pump Back Above $100K appeared first on 99Bitcoins.

Republican lawmakers are also expected to choose leadership roles for Senate and House committees soon.

Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.

Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC […]

Hong Kong has proposed to expedite the licensing process for virtual asset (VA) trading platforms,.. The post Hong Kong To Fast-Track Crypto Licensing As Market Competition Escalates appeared first on 99Bitcoins.

A cryptocurrency launched by NFT marketplace Magic Eden made a dramatic debut yesterday (Tuesday). It captured attention with its initial surge in price, only to plummet shortly after. Users eager to claim their airdrops faced a series of frustrating hurdles, including an unstable mobile app and a complicated claiming process. A Challenging Start for the ME TokenThe ME token launched at $10 and immediately jumped to an all-time high of $12.2 before tumbling to $4.4. This drastic change represents a 64% drop. The price was then confined to a range of $4 and $8. At the time of publication, it had recovered to $5.26.Besides the price volatility, the debut was also affected by user complaints. One issue was the claiming process, which required users to download Magic Eden's mobile app, scan a QR code on a desktop device, link their wallets, and then claim their allocated airdrop.Today’s the day you’ve been waiting for. $ME is here.Don’t guess — Watch this video below and learn how to [...]

Decentralized Science (DeSci) is making a strong comeback, and a project that is following this.. The post The Comeback of DeSci: URO Leads the Revival with Binance’s Clear Interest appeared first on 99Bitcoins.

Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong. The team detailed that […]