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A finance and crypto influencer believes that XRP will rally as high as $500 in the next seven months. The influencer’s projection was based on XRP’s potential utility in the traditional finance space. A previous XRP whitepaper from Valhil Capital valued the token between $3,500 and $21,900. A finance and crypto influencer recently made a bizarre projection regarding the price of XRP. The influencer, who also works in treasury management for banking giant Wells Fargo, believes that XRP will witness a 14,000% rally all the way up to $100 within the next seven months. Wells Fargo’s Shannon Thorpe recently took to Twitter to share her take on XRP’s widely debated future price action. According to the influencer, most projections come from two groups within the XRP community, one that relied on technical Analysis for short-term predictions, and one that based their long-term projections on XRP’s utility as a mode of international settlements. Thorpe told her foll

XRP Community On SEC Asking Coinbase to Delist All Crypto Pro-XRP lawyers including John E. Deaton, Bill Morgan, and others comment on the latest news of the US SEC asked Coinbase to stop trading all crypto except Bitcoin before the lawsuit. advertisement John Deaton said the SEC is trying to build an anti-crypto narrative and the latest report shows how significant Judge Torres’ ruling in the US SEC v. Ripple Labs. “ If the SEC had won the case as it had hoped, Gary Gensler and Elizabeth Warren’ s anti-crypto army would’ve been out in full force,” said Deaton.  “Do you think all Democrats who’ve spoken out since the Torres Decision, including the 6 who voted in favor of the Bill coming out of the Financial Services Committee , would’ve done what they did had Torres ruled XRP is a security? Of course not.” Lawyer Bill Morgan argues the Torres ruling is a crucial decision for the crypto industry, especially her reasoning that XRP token itself is not a secu

In the rapidly evolving world of cryptocurrencies, one question that has gained considerable attention is whether transacting crypto is energy-consuming. Yes, Crypto transactions are energy-Consuming. Cryptographic transactions are infamous for consuming a lot of energy, especially those that use the Proof-of-Work (PoW) consensus mechanism. In this article, we’ll look at how much energy cryptocurrencies like Bitcoin require and how it affects the environment. We will also discuss the efforts being made to address these concerns and the future outlook for energy consumption in the crypto space. The Energy Consumption of Cryptocurrencies The Growing Impact of Crypto Mining One of the primary contributors to the energy consumption of cryptocurrencies is the mining process. Mining involves solving complex mathematical problems to validate transactions and add them to the blockchain. This process requires powerful computers and consumes a substantial amount of energy. Bitcoin

Join Our Telegram channel to stay up to date on breaking news coverage Bankrupt crypto companies FTX and Genesis reached an in-principle agreement to resolve claims brought against each other.  The agreement, which didn’t contain specifics, was sent to a bankruptcy judge by their lawyers, who said it would resolve their respective claims. Crypto exchange FTX and crypto lender Genesis are under court supervision in their efforts to collect funds for their respective creditors after they filed for Chapter 11 protection. Both parties expressed their intent to promptly document the settlement and seek court approval for its resolution. @Geminiearn @Gemini Genesis Debtor just submitted this letter to the court indicating agreement with FTX. Lift Stay Motion and Estimation will be mooted. Waiting for the "Settlement" to see what the numbers are. pic.twitter.com/hvRK8lX6X6 — CryptoEquality (@crypto_equality) July 28, 2023 An excerpt from the agreement reads: “This

Following the Ripple ruling in early July, investors focused less on Bitcoin (BTC) and Ethereum, favoring other leading altcoins like XRP, Cardano (ADA), Polygon (MATIC), Solana (SOL), and most recently Dogecoin (DOGE). advertisement The biggest task among Ethereum is holding the price above $1,800 – a move likely to prevent possible declines to $1,700 and $1,600. If a recovery ensues from the current market value, the token powering the largest smart contracts token might trigger a surge in investor interest, who are still waiting on the sideline for an uptrend confirmation above $2,000. Here’s What It Will Take Ethereum to Rally? Ethereum price  is in the middle of nurturing a potentially massive breakout that could propel it not only above $2,000 but allow bulls to close the gap to $2,400 for the first time since May 2022. Recommended Articles Crypto Presale Proj

A recent House Oversight Subcommittee on National Security opened the door to a raft of UFO-related meme coins after a former Pentagon official claimed that the US government was in possession of alien spacecraft. According to DexTools, in the hours following Wednesday’s hearing, more than 50 new UFO or alien cryptos were spotted on the market. These include ‘ALIENX,’ ‘UFO,’ and ‘ALIEN.’ Speaking under oath, former task force member David Grusch also claimed that “ non-human biologics ” were found onboard these craft. Grusch said he was citing Pentagon sources who still worked on the Unidentified Aerial Phenomena (UAP) program. NOW – US recovered non-human biological pilots from crashed crafts, UFO whistleblower says in hearing .pic.twitter.com/P03WuSBwvD — Disclose.tv (@disclosetv) July 26, 2023 Read more: Move over Pepe, these Gary Gensler Memecoins have been pumping As reported by Cointelegraph, the hearing also included testimony from former US Navy commader Ryan Graves.

Few people can live without a smartphone these days. They’ve become essential for daily life, enabling owners to stay connected with their families, friends, and colleagues and access just about any service or entertainment from any location. Indeed, research by global tech care company Asurion shows that the average American checks their smartphone 96 times a day – about once every ten minutes.  So much smartphone activity poses the question:  What are people looking for when they check their phones?  In many cases, the answer has to do with where they currently are.  You might also like: Flare and FlareDashboard join forces to enhance data transparency Many tasks have something in common, whether it’s getting directions, checking the weather, or finding a bite to eat. They all rely on location-based services to provide the information people need to fulfill those tasks.  Smartphones use a combination of technologies, including real-time geodata from their onboard GPS and

Despite the downturn in the NFT industry, Reddit continues to attract new holders of digital collectibles issues on blockchain. Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry. According to an official announcement on r/CollectibleAvatars, Reddit will drop its latest series of collectible avatars on July 26. According to social media reports, the new drop will be launched at 3:00 pm Eastern Time. Titled “Retro Reimagined,” Reddit’s new collectibles drop will be the fourth generation of collectible avatars launched since the platform debuted the project in July 2022. Just like all previous generations, the latest drop will be issued on the Polygon blockchain and will be available for decentralized trading and third-party sales. Reddit’s Gen 4 CollectibleAvatars’ teaser. Source: Reddit The new drop of Reddit’s collectible avatars brings fresh designs from new and existing creators, including r

Join Our Telegram channel to stay up to date on breaking news coverage CME already announced that it’s planning to launch options for their Bitcoin futures contracts. Today they p review ed some preliminary contract specifications to the upcoming options. The options on Bitcoin futures is expected to begin in 2020’s first quarter. CME will use its own CME Bitcoin Reference Rate to price the new derivatives. The index was developed to reference the pricing data of a number of crypto exchanges. Big names like Coinbase, Bitstamp, Kraken, Gemini, and itBit are all included to give an accurate price reference. The futures contract CME is offering will make use of the BTC ticker and one contract will be equal to five bitcoins The Chicago-based venue launched Bitcoin futures after several regulatory safeguards were added back in December 2017. It marked a significant step on the long road of global cryptocurrency acceptance and regulation. The Contract Details The p review ed contra

The decentralized game publisher said their team has witnessed a significant rise in phishing attempts within their community and in the Arbitrum ecosystem. A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that they don’t have airdrop s, new mints or anything else planned.  In a tweet published on July 24, decentralized game publisher Treasure posted that their X accounts Playontreasure and Playbridgeworld were taken over by hackers. The organization warned users to refrain from interacting with links shared by the accounts. PSA Please do not interact with links shared by @PlayOnTreasure + @playbridgeworld at this time. The accounts have unfortunately been hacked and we are working to regain access. There is NO airdrop , new mint of TreasureTags, or anything else planned for today. Be safe. — Treasure (@Treasure_DAO) July 24, 2023 After working to regain

Binance has announced it will list Worldcoin’s native token WLD, which is already available on Huobi, OKX, and Bybit.  Binance revealed the planned listing of the WLD token in a blog post on July 24, stating that spot trading for pairs WLD/BTC and WLD/USDT opened on July 24 at 9:00 UTC.  While users can start depositing the token on the platform, Binance announced that withdrawals would also tentatively open on July 25. Worldcoin’s token will be added as a borrowable asset with WLD/USDT as the isolated margin pair. This feature will open on July 26.  You might also like: OpenAI CEO’s Worldcoin set to launch on July 24 Apart from Binance, Worldcoin has had a broad rollout across many crypto exchange s. Deposits and trading are already open on Huobi and Bybit, with the former supporting  WLD/USDT trading pair, while the latter supports WLD/USDT and WLD/USDC trading pairs.  Bybit announced that withdrawals would be available on July 25 starting 10:00 am UTC. Huobi, on the o

Jul 23, 2023 at 19:00 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) is trapped at the upper end of the price range and continues to move between $0.00000650 and $0.00000800. Shiba Inu price long-term forecast: fluctuation range Bulls broke through the barrier at $0.00000800 on July 14-15, but were beaten back. The price of the cryptocurrency dropped into the range-bound zone, but remained above the moving average lines.  Long wicks above the upper price range indicate significant selling pressure at a hi

InQubeta is a crypto crowdfunding platform that seeks to transform the artificial intelligence (AI) and crypto currency investment sectors. The platform’s strategy involves fractional investment in AI startups using its QUBE token to facilitate connections between investors and emerging projects. It also employs non-fungible tokens (NFTs) and uses a deflationary token model. Some experts speculate that InQubeta could outperform Chainlink and Monero due to its ambition to redefine the AI and crypto investment landscape, making it more accessible to a broader audience. InQubeta: bridging AI and crypto investments InQubeta utilizes NFTs and QUBE. Through the NFT marketplace, AI startups can raise funds and offer reward and equity-based NFTs, while QUBE token holders can invest in the projects of their choice. This relationship can create a beneficial ecosystem for investors and startups. You might also like: InQubeta draws investors, Axie Infinity struggling for traction on

Are Wholesome CBDCs A Key To Digital Assets In France? The results of the experiment contribute to the Eurosystem’s exploratory effort, which began in April 2023. It was to investigate how wholesale financial transactions recorded on DLT platforms might be settled in central bank money. advertisement According to the bank that conducted the research, a wholesale CBDC would “be critical for native digital assets and tokenized assets that fall under the category of unlisted financial assets and cannot currently be settled.” According to the policy takeaways given in the report, the introduction of a Wholesale CBDC alongside a Retail CBDC will improve monetary stability and universality. It ensures that the value of central bank money remains stable for both retail and wholesale payments, and it simplifies the conversion of different types of private money. The Central Bank also informed that seamless data and transaction exchange between Distributed Ledger Tec