Crypto business Ripple has flagged plans to launch a stablecoin that will be 100 per cent backed by US dollar deposits, short-term US government treasuries, and other cash equivalents.
Ripple said a third-party accounting firm will audit its reserves to make sure they reconcile
Waves is now under Algo Engine buy conditions.
About: Launched in 2016, Waves is a global open-source platform for decentralized applications. Based on proof-of-stake consensus, Waves aspires to make the most of blockchain, with minimal carbon footprint.
Waves technology stack can benefit in any use cases that demand security and decentralization — open finance, personal identification, gaming, sensitive data and many others.
Bitcoin is up 74% after a 64-day holding period.
Our crypto algo engine has generated a 740% return since October 2023. The automated trading model focuses on large-cap momentum.
Recent portfolio additions include;
For all enquiries, please call 1300 614 002.
Bitcoin surpassed its November 2021 record high on Tuesday as demand for the token continued to be filed by excitement over spot bitcoin ETFs and the April halving event. Our Algo Engine generated a buy signal in January and the holding is up 71% after 47 days.
The red arrow suggests we’re nearing a short-term peak and traders may look at hedging any long exosure on a downturn in the price momentum.
Our Crypto Large-Cap hourly trading model has generated a 522% return in the past 5 months.
Bitcoin resumes its rally, ripping through $54,000 for the first time since December 2021. A net of $US5.6 billion ($8.57 billion) has poured into a batch of landmark Bitcoin ETFs that began trading in the US on January 11, signaling a widening of demand for the token beyond committed digital-asset enthusiasts. An upcoming reduction in the token’s supply growth, the halving, adds to the optimistic sentiment.
Following the recent Algo Engine buy signal, BTC is up 37% in 35 days.
Following the price pullback and switch to Algo Engine buy condition for Bitcoin, we’ve seen four new holdings drop into our longer-term investor model.
As market events approached, participants continued to seek CME Group’s regulated products to manage risk and exposure.
CME Group saw continuous daily open interest records in Bitcoin futures. Cryptocurrency options have also continued to increase in volume and open interest throughout the end of the year as more clients looked to manage the market events. Both Bitcoin and Ether futures and options open interest rounded out the year at record highs as their prices increased 160% and 97% since the beginning of the year.
Bitcoin is now under Algo Engine buy conditions.
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