Author: Digicoinvision
The Shariyah Review Bureau of Bahrain has certified XRP as Shariah-compliant, a declaration that could open the digital asset to the $2 trillion Islamic finance market. Strategic Advantage for Ripple The Shariyah Review Bureau (SRB), which operates under the Central Bank of Bahrain, has reportedly declared that XRP meets Shariah compliance standards. This certification positions […]
Story (IP) is experiencing difficult moments, with investors suffering heavy financial losses due to the recent price plunge. According to the data tracked today by the market analyst Satoshi Club, IP’s recent price crash saw its price falling 51% from its ATH. The asset’s value currently stands at $8.31, down 17.1% over the past 24 hours, making it one of its most dramatic single-day plunges in recent months. The massive drop comes amid the surge of selling activity by prominent traders and whales, raising fears that a further downturn could be coming. Currently, crypto markets display weak sentiments, with most…
Demand for XRP on the CME derivatives exchange continues to rise, providing a bullish outlook for the altcoin. This comes ahead of the potential approval of the XRP ETFs, which could further spark institutional demand for XRP. CME XRP Futures Hit New Milestone In an X post, the CME group announced that it has hit its four-month milestone for XRP futures, with a notional trading volume of $18.3 billion, 6 billion XRP traded, and 397,000 contracts traded. This again highlights the demand for the altcoin, with the derivatives exchange previously stating that the altcoin’s futures products have shown demand from…
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant Quicktake post by contributor CryptoOnchain, Ethereum outflows across all leading crypto exchanges have surged. In August-September 2025, the 50-day Simple Moving Average (SMA) netflow fell below -40,000 ETH per day, the lowest level since February 2023. Related Reading The 50-day SMA dropping below -40,000 ETH…
Citi, an international banking and financial services company, revised its stablecoin forecast due to the strong growth of the sector in the last six months, and now projects the stablecoin market cap will grow to $4 trillion by 2030.Analysts at Citi project a $1.9 trillion stablecoin market as their “base” case and up to $4 trillion as the “bull” case, up from previous projections of $1.6 trillion and $3.7 trillion, respectively, according to Thursday’s forecast.Analysts at Citi also said stablecoins would not disrupt the banking sector, contrary to concerns voiced by the banking industry, but would help overhaul the financial…
The cryptocurrency climbed to $110K after the U.S. Bureau of Economic Analysis published its personal consumption expenditures report on Friday. BTC Inches Upward After Tepid Inflation Report The Bureau of Economic Analysis released a relatively uneventful personal consumption expenditures (PCE) report on Friday, showing a 0.3% rise in prices for August, bringing the annual inflation […]
Join Our Telegram channel to stay up to date on breaking news coverage ApeDAO, a decentralized autonomous organization governing and managing the ApeCoin ecosystem, has partnered with OpenSea, one of the leading crypto and non-fungible token market platforms, to allow crypto and non-fungible token users to swap $APE directly on the HyperEVM blockchain network and more. In this article, we shall discuss more about this integration. $APE Goes Live On OpenSea Across ETH, SOL & HyperEVM In a September 25 blog post, the ApeCoin confirmed that they have partnered with OpenSea to let non-fungible token marketplace users swap $APE across…
Citi, an international banking and financial services company, revised its stablecoin forecast due to the strong growth of the sector in the last six months, and now projects the stablecoin market cap will grow to $4 trillion by 2030.Analysts at Citi project a $1.9 trillion stablecoin market as their “base” case and up to $4 trillion as the “bull” case, up from previous projections of $1.6 trillion and $3.7 trillion, respectively, according to Thursday’s forecast.Analysts at Citi also said stablecoins would not disrupt the banking sector, contrary to concerns voiced by the banking industry, but would help overhaul the financial…
Ethereum finds itself at a crossroads after tapping the $3,800 liquidity level and bouncing back, only to stall below the key $4,060 region. With momentum hanging in the balance, traders are questioning whether this pause is simply a fakeout before a recovery or the start of a deeper move toward the $3,600 support level. Struggling Below $4,060: Key Support Yet To Be Reclaimed Ted, a well-followed crypto analyst, recently shared his insights on Ethereum’s latest price action in a post on X. According to the expert, ETH successfully tapped into the $3,800 liquidity level, a move he had anticipated. This…
Key points:Bitcoin is nearing the support of the large range, indicating that a relief rally is possible in the near term.Several major altcoins are trying to start a relief rally, but they are likely to meet significant resistance from the bears at higher levels.Bitcoin (BTC) reclaimed the $110,000 level, but it remains to be seen whether the bounce is sustainable. Glassnode analysts said in a post on X that long-term holders realized 3.4 million BTC in profit, and exchange-funds inflows slowed down after the Federal Reserve cut rates on Sept. 17, signaling exhaustion and downside risk.According to Farside Investors data,…