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In a significant development for blockchain applications in enterprise finance, Ripple has formed a strategic partnership with HashKey DX, a Tokyo-based consulting firm specializing in blockchain technology. This collaboration aims to deploy XRP Ledger-based solutions to enhance supply chain finance for Japanese enterprises. Leveraging the XRP Ledger, known for its efficiency and low transaction costs, Ripple and HashKey DX aim to introduce innovative solutions that will address the complexities of enterprise-level financial operations in Japan, particularly in supply chain finance. This comes following HashKey Group’s considerable success in China, where their blockchain solutions significantly boosted trade and financing operations. The partnership with HashKey DX and SBI Ripple Asia—a joint venture between SBI Holdings and Ripple, aims to roll out new solutions leveraging the XRPL platform. Known for its rapid settlement speeds and low transaction costs, the  platform is ideal

The broader crypto currency market is in a bearish state, led by Bitcoin (BTC), which is grappling with maintaining its price above $60,000. Notably, the market has responded negatively in the short term to the Bitcoin halving event. However, there are indications that several cryptocurrencies may experience a surge in their market capitalization. While the possibility of achieving increased capitalization largely depends on the broader recovery of the crypto market, these assets retain several fundamentals likely to drive growth. In this context, Finbold has identified two digital assets likely to reach a market cap of $50 billion by May 2024. The cryptocurrencies fall under altcoins and can benefit from the anticipated altcoin season.  Picks for you Stablecoin Wars: Tether takes massive swipe at Ripple 6 seconds ago Opportunity? Will the 'Banana Zone' ignite a major altcoin bull run? 2 mins ago Boom or bust? Experts reveal Bitcoin price that will d

A widely followed crypto strategist says that Ethereum (ETH) is likely gearing up for a big upside move as the leading smart contract platform shows “serious strength” in the charts. Pseudonymous analyst and trader Bluntz tells his 257,000 followers on the social media platform X that ETH is looking strong both in its USD and Bitcoin (ETH/BTC) pairs. “ETH and even ETH/BTC showing some serious strength today.” Source: Bluntz/X Bluntz is a known practitioner of Elliot Wave Theory, an approach to technical Analysis that states corrections often happen in three parts, or “A-B-C” waves. According to his chart, Bluntz is suggesting that Ethereum completed its three-wave correction when it hit $2,800 and is likely beginning a new leg of its bull run. The trader’s chart also suggests that there is now a bullish divergence between ETH/BTC’s price action and its relative strength index (RSI), a momentum indicator. A bullish divergence signals the possibility of a trend

The Panda Swap price jumped 13% in the last 24 hours to trade at $0.0104 as of 5:30 a.m. EST on trading volume that skyrocketed 595% to $3.98 million. Panda Swap is a young project that has only been around for about a month now. The project was listed on MEXC on April 24, with Panda Swap speculating that the move would bring it great exposure in the medium term. Panda went live on @MEXC_Official yesterday! This is another huge step forward for the project and will bring great exposure to us in the medium term. Today, we are trending no.4 in the world on @CoinMarketCap, above @Bitcoin! Also, how do you like our gold tick? We think… pic.twitter.com/K1mX4tCs1S — Panda Swap (@PandaSwapSol) April 25, 2024 It also managed to get its Gold Badge on X, which will legitimize it and prevent potential bad actors from exploiting inexperienced investors with fake accounts. Big shoutout to @X & @Verified for getting us the Gold Badge! 🌟 This is a major milestone stone on our roadmap

The meme coin market has recently experienced a significant value and trading volume surge. CoinGecko puts its market capitalization at $63.3 billion and a trading volume of $4.8 billion. Consequently, investors seeking to diversify their holdings are now entering the meme coin market to maximize their return on investment. Among the numerous projects available, five have mainly stood out as they have the potential to grow by 100% or more. These include Bone ShibaSwap, Golden Inu, and Dogelon mars. We will examine each of these meme coins extensively to determine why they offer investors significant ROIs. Best Meme Coins to Invest In Now 99Bit coins has launched a giveaway on its platform. Participants can win free Bitcoin from a $99,999 BTC prize pool, with over 4,120 entries. Also, token holders participating in the presale can benefit from holding 99Bit coins tokens. Among the latest meme coins to hit the market, Golden Inu stands out with its unique approach of rewarding loy

The Depository Trust & Clearing Corporation (DTCC) listed Franklin Templeton’s Ethereum (ETH) spot ETF with a “yes” for create and redeem. Franklin Templeton is a traditional finance giant with $1 trillion in assets under management and a growing interest in cryptocurrencies. As of this writing, the cryptocurrency market still awaits the Securities and Exchange Commission’s (SEC) approval of Ethereum spot ETFs. This is a similar expectation previously seen within the Bitcoin spot ETFs, feeding a bullish sentiment for the cryptocurrency. In a hint of what is potentially to come, the renowned crypto journalist Colin Wu reported DTCC’s recent listing. Notably, the “FRANKLIN ETHEREUM TR ETHEREUM ETF” appeared with a “Y” for “Creation/Redeem,” signaling a positive outcome is imminent. Picks for you Bitcoin volatility incoming: Here's new springboard to watch out for 3 hours ago Vitalik Buterin slams cryptocurrency mining ‘quite centralized’ 3 hours ago 2

Republic First Bank has officially collapsed and has been seized by regulators. The FDIC announced Friday that the Bank was closed by Pennsylvania state regulators. The collapse of RFB is the first US Bank failure this year. JUST IN: Republic First Bank officially collapses and seized by regulators. — Watcher.Guru (@WatcherGuru) April 26, 2024 “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation ( FDIC ) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume substantially all of the deposits and purchase substantially all of the assets of Republic Bank,” the FDIC said in a statement. In addition, the statement continues by explaining the future of the 32 current Republic First Bank locations. Their branches in New Jersey, Penns

The Credefi price has soared 12% in the past 24 hours to trade for $0.0335 as of 05:00 a.m. EST on trading volume that slumped nearly 80%. This surge in the Credefi price is attributed to anticipation for the listing of CREDI on Gate.io exchange today, April 26. Along with the listing, the exchange will conduct a 1.4 million CREDI startup free sale to its users to celebrate the listing. ❗️@Credefi_Finance $CREDI to be listed on @Gate_io on April 26th, 11:00 UTC Gate conducts a 1,400,000 CREDI Startup Free Sale to its users to celebrate the listing. Credefi is a #FinTech solution to connect crypto lenders & SME borrowers. 👉 https://t.co/GeSbMuvoSZ pic.twitter.com/mdyYUeK2te — 🇺🇦 CryptoDiffer – StandWithUkraine 🇺🇦 (@CryptoDiffer) April 26, 2024 Gate.io is a tier-1 global centralized exchange (CEX) and a leading trading platform. Credefi is a cryptocurrency committed to bridging the gap between Decentralized Finance (DeFi) and Traditional Finance (TradFi). This happens wh

The Shiba Inu (SHIB) ecosystem has seen the project take to X (formerly Twitter) to make a major announcement regarding the meme coin. Indeed, they announced that its layer-2 blockchain network, Shibarium, is receiving a “transformative upgrade” in the coming month. The SHIBARMY was told that an upcoming hard fork was set to go live on May 2nd. Moreover, the platform announced a variety of new Features that would arrive on the network with the update. Specifically, the project noted these developments will greatly enhance user experience and “empower our community of innovators and developers.” Source – CryptoSlate Also Read: Shiba Inu: Robinhood Enables SHIB Trading In New York Shiba Inu Announces Brand New Shibarium Upgrade The meme coin sector has undoubtedly become a massive part of the digital asset industry. This year has seen these altcoins become increasingly popular, with meme coin mania dominating March. However, there is no denying that Shiba Inu (SHIB) remain

Victoria, Seychelles, April 25th, 2024, Chainwire On April 24, the trading of Bitget Wallet’s BWB Points made its debut on Whales Market, a decentralized OTC trading platform, with prices reaching a recorded peak of $3.5 per BWB Point. Whales Market encompasses three main Features : a Pre-Market, OTC Market, and Points Market, allowing users to trade a variety of value-tagged assets including tokens, airdrop shares, and points. Since its listing on the Points Market on Whales Market, BWB Points has ranked second in 24-hour trading volume , outperforming even popular projects such as Blast, EigenLayer, and friend.tech Bitget Wallet’s BWB Points ranks second on Whales Market Users who have earned BWB Points through Bitget Wallet can now trade them on Whales Market, offering additional opportunities for users to leverage their accumulated points. Bitget Wallet plans to conduct the TGE and IEO for the launch of its official platform token, BWB, in the second qua

The Bitcoin market and alternative cryptocurrencies continue to experience turbulence due to uncertainties in macroeconomics and geopolitics. Nevertheless, data indicates that bullish sentiment persists, with investors consistently purchasing during market downturns. The recent surge in Bitcoin’s value, followed by a stabilisation period, suggests that investors are not hastily exiting positions, anticipating further upward movement. As per a report from Santiment, large Bitcoin holders, colloquially known as whales, holding between 1,000 and 10,000 Bitcoins, have increased their holdings by 266,000 BTC since the beginning of 2024. Notably, it’s not just whales driving this trend. The emergence of spot Bitcoin exchange-traded funds has facilitated participation from traditional financial institutions. Bloomberg analyst Eric Balchunas noted in a recent report that two US-based financial advisers allocated $20 million each to the Fidelity Wise Origin Bitcoin Fund (FBTC)

Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss of a significant amount of cryptocurrency. This comes barely a day after the decentralized application (dApp) reportedly fixed a loophole in its smart contract. On Thursday, October 5, the Stars Arena team said – via a post on X (formerly Twitter) – that it has averted a security exploit, which could have led to the loss of over $1 million worth of funds.  Stars Arena Loses $2.9 Million To Attack, PeckShield Reveals On Saturday, October 7, a pseudonymous X user raised the alarm about the suspicious movement of Avalanche (AVAX) tokens from the Stars Arena contract.  A few minutes after this, the protocol’s team confirmed – via a post on X – that there has been a “major secur