Author: John Smith
Stellar Lumens was one of the best-performing cryptocurrencies on Dec. 17 as it continued to mirror Ripple. Stellar (XLM) price rose by 10%, reaching an intraday high of $0.4713, up 32% from its lowest level this month. This rally coincided with the ongoing XRP price surge after the developers unveiled the RLUSD stablecoin. Ripple Labs expects its new stablecoin will soon see inflows and challenge Tether’s dominance. XLM and Ripple (XRP) often move in sync because they are both focused on money transfer. Stellar’s goal is to promote peer-to-peer transfers of cash, while Ripple is mostly focused on institutions like…
Key Takeaways Transition plan involves transferring user funds to Coinhouse, a regulated French crypto-asset platform According to Bybit, accounts holding balances of 10 USDC or less will incur a termination fee of 10 USDC Leading crypto exchange Bybit has announced that it will discontinue its withdrawal and custody services in France starting January 8, 2025. The transition plan involves transferring user funds to Coinhouse, a regulated French crypto-asset platform, as part of Bybit’s efforts to comply with local regulations and restructure its operations in the region. As per the official statement, accounts holding balances of 10 USDC or less will…
French Parliament Member, Sarah Knafo, urges the EU to ‘bet on Bitcoin’ by building national strategic Bitcoin reserves while rejecting the central bank’s plan for a digital euro. In a video shared on her X account on Dec. 17, Knafo delivered a speech in parliament, calling for European nations to start building national Bitcoin (BTC) reserves, develop the crypto mining industry and stop hiking up taxes on crypto holders. “It’s time to bet on freedom, it is time for our states to bet on Bitcoin. To build national strategic reserves. It is time to develop the mining industry,” said Knafo.…
The XRP price continued rising, becoming one of the best-performing large-cap cryptocurrencies in the market. Ripple (XRP) surged by over 12%, extending an uptrend that began on December 10 when the token bottomed at $1.9065. The rally came after Brad Garlinghouse, Ripple’s CEO, announced that the company would launch the RLUSD stablecoin on Dec. 17. The stablecoin will initially debut on major exchanges such as Uphold, Bitstamp, MoonPay, and others. The launch follows Ripple developers receiving approval from New York authorities after months of regulatory review. Ripple Labs aims for RLUSD to become a significant player in the stablecoin industry…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin gains bullish momentum toward $1, while Rexas Finance draws attention with bold 25x rally projections, turning 400 USDT into 10,000 USDT. Dogecoin (DOGE) has recently gained momentum, sparking optimism among buyers as its price trends above 0.44 USDT. Meanwhile, a new cryptocurrency, Rexas Finance (RXS), is capturing attention with bold projections of turning 400 USDT into 10,000 USDT through a potential 25x rally, positioning it as a strong competitor in the market. Dogecoin’s bullish momentum points toward $1…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A little-known meme coin, DOGEN, is skyrocketing with 333% gains, fueled by Trump’s crypto-friendly stance and bullish momentum in the market. There’s a new cryptocurrency that could surpass the profits made by early Bitcoin investors. This little-known digital coin is gaining attention for its potential to deliver huge returns. Its unique technology and features are stirring excitement in the crypto world. Explore why this emerging asset might be the next big opportunity in digital finance. DOGEN celebrates big moment:…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a 500% price increase, DTX Exchange, a $10 million presale star, looks set to follow in the success of Ethereum and Ripple. The crypto market has had many superstars, from Ethereum (ETH), which introduced smart contracts, to Ripple (XRP), which made cross-border payments seamless. Now, a new crypto currency is looking to make its mark in history: DTX Exchange (DTX). This exchange token has managed to reach new heights during its presale, with its value up 500% so…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro storms the crypto scene with a sold-out presale, 40% early returns, and a P2E gaming platform set to spark the market. Yeti Ouro (YETIO) is shaking up the crypto world. Stage one of its presale sold out faster than expected. Early investors are already celebrating a 40% return on their holdings. The demand for YETIO is skyrocketing, and crypto traders are increasing their investments. Unmatched growth potential Yeti Ouro offers more than just hype. The token powers…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world’s economy is rapidly evolving, yet financial exclusion remains a persistent issue. A 2022 report by Visa revealed that 2.1 billion people globally remain unserved or underserved by digital financial services. This gap often traps individuals and businesses in underbanked regions in a cycle of limited growth and opportunity. The good news? Emerging technologies, especially cryptocurrencies, present an opportunity to rewrite this narrative. Merchant adoption of crypto payments has the potential to significantly uplift the welfare…
The Hong Kong government declared to the OECD Global Forum that its regulators plan to implement a crypto asset reporting framework to combat cross-border tax evasion. Regulators plan to complete the necessary legislative amendments before 2026. In the Organization for Economic Co-operation and Development Global Forum on Transparency and Effective Exchange of Information in Tax Matters on Dec. 13, representatives from the Hong Kong government vowed to implement a framework that would make crypto asset reporting mandatory for tax calculations. According to a press release shared on the government site, the framework is meant to improve global tax transparency and…