Ripples Stablecoin Approval on the Horizon Reports say that the New York Department of Financial Services (NYDFS) might approve Ripple Labs new stablecoin, called RLUSD, around December 4, 2024. This approval would help Ripple enter the regulated U.S. cryptocurrency market and offer RLUSD through a licensed company. The news has already boosted Ripples native token, XRP, by nearly 30%, increasing its value from $1.45 to $1.88. This approval comes as Ripple continues to face legal issues with the SEC, which has labeled XRP as an unregistered security. Ripple has also...

Key Level to Monitor: $600 BNB/USD pair has been trading in a narrow range $688 and $600 for the past 7 days. It is currently trading at around $634. A closing price above $725 confirms further bullishness. Intraday bias remains bullish as long as support $585 holds. It trades below the 34 and 55 EMA on the 4-hour chart. If the pair closes below $600, potentially leading to further declines towards $585/ $559,$545, $528, $500, and possibly down to $470. Immediate Resistance is at $670. A successful breakout above this resistance could suggest bullish momentum, with further gains...

Major Crypto levels and bias summary TokenPost |...

Ethereum pared some of its gains after a minor sell-off. It hit a high of $3,762 yesterday and is currently trading at around $3,595. Record Open Interest in Ethereum CME Futures Open interest in Ethereum CME futures has reached a new high of over 700,000 contracts, showing rising interest from institutional investors. This increase is seen as a positive sign for Ethereums price, with some experts predicting it could reach between $8,000 and $10,000 soon. Many of the new contracts have shorter maturities, indicating active trading and expectations for near-term price changes....

Shytoshi Kusama, the face of Shiba Inus decentralized movement, has vowed to thwart challenges facing SHIB DAO. His pledge to defend the ecosystem and empower SHIB holders reflects the teams readiness for decisive actions against threats. Shytoshi Kusama Warns of New Threats to SHIB DAO Governance The mysterious SHIB leader, whose real name is Shytoshi Kusama, has issued a dire warning to the so-called new bad actors, whose schemes will be thwarted by the SHIB teams countermeasures, U.Today reports According to Kusama, he had a revelation in a dream regarding the shadowcats plan to...

Ripples XRP has surged to $2.49, a seven-year high, with TechCrunchs founder dubbing it a beast. The tokens 70% price rally comes amid whale purchases and renewed hope for regulatory clarity, leaving the crypto world in awe. XRP Is a Beast: Michael Arringtons Viral Reaction After XRPs price soared beyond $2 on Sunday, Michael Arrington took to Twitter to remark on the massive increase in value. With just the words XRP is a beast, the founder of TechCrunch sent a brief message to his X followers. The Ripple-affiliated cryptocurrency XRP shocked the crypto industry and...

In a whirlwind day for Dogecoin, over 439 million DOGE worth $184 million shifted across major exchanges and wallets. The transfers involving Binance, Coinbase, and Robinhood suggest possible market preparation or heightened security measures as DOGE prices dropped 3.22%. Whale Transfers Trigger Dogecoin Speculation Over 439 million Dogecoin (DOGE) have been transferred in the past 24 hours, causing quite a stir in the cryptocurrency community. Whale Alert, a blockchain data watcher, revealed four large transactions worth more than $184 million, totaling more than 439 million DOGE,...