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Ripple Eyes Stablecoin Market, Plans to Launch USD-Backed Stablecoin

In an effort to gain market share in the next five years, Ripple, the issuer of XRP, has revealed intentions to establish a stablecoin backed by the US dollar. The goal is to compete with Tether and Circle. Preceding the release, which details plans for the stablecoin initially issued on

April 5, 2024 1 min read

Binance Phases Out Bitcoin Ordinals Support on NFT Marketplace

Binance has phased out of supporting Bitcoin (BTC) non-fungible tokens (NFTs) shortly after adding them to its marketplace. Binance revealed its plans “to streamline product offerings” on the Binance NFT marketplace in a blog post that was published on April 4th. In keeping with these initiatives, the exchange’s marketplace will

April 5, 2024 1 min read

Ripple (XRP) Journey to $1: Legal Hurdles and Market Turbulence

Ripple (XRP), has been on a tumultuous path to reclaim the $1 mark, facing a series of speculations and legal challenges amidst the recent volatility in the crypto market. Currently trading at around $0.59, XRP requires a substantial 70% rally to reach its target, leaving investors and enthusiasts questioning whether

April 4, 2024 2 mins read

Wormhole (W) Token’s Market Cap Drops 30% Post Debut

Debut of W, the governance token of the cross-chain messaging protocol Wormhole, is at odds with the usual occurrence of a subsequent price surge post-airdrop. The token has remained in a state of decline ever since it started trading on Wednesday. Wormhole airdropped 674 million tokens — 6.75% of the

April 4, 2024 2 mins read

Solana (SOL) Holds Strong Amidst Market Uncertainty, Eyeing $250 Target

Despite the prevailing market conditions, the Solana (SOL) price has demonstrated remarkable resilience, maintaining its position within a bullish range. Although traders have shifted their focus away from the token to some extent, the price continues to trade within this favorable range, indicating that SOL may be poised for a

April 3, 2024 2 mins read

Binance Inscription Marketplace Boosts Accessibility with ARC-20 Token Support

Binance is pleased to announce that the Binance Inscription Marketplace now accepts ARC-20 tokens. ARC-20 is a fungible token standard based on the developing Atomicals Protocol on Bitcoin. Binance is a trusted global blockchain ecosystem with over 185 million users globally. In addition to the many functionalities that are currently

April 3, 2024 3 mins read