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US Treasury Approved Exchange Announces XRP Listing

The price of XRP could reach greater heights with the latest developments in the community. U.S.

XRP debuts on US Treasury-approved exchange

On Saturday, March 16, Atlantis Exchange announced that it would list XRP for trading. This listing is important for the altcoin because Atlantis Exchange is one of the few exchanges for cryptocurrency trading registered not only with the United States Treasury, but also with the United Nations.

This list places XRP among around 50 cryptocurrencies currently traded on the platform. Deposits for users opened on March 13th and trading on the platform officially began on Monday, March 17th. Trading is also expected to continue for three days before users can withdraw XRP tokens from the exchange, which will open in March. twenty.

Furthermore, the network for depositing XRP to the crypto exchange is the BSC network. This means that users who want to send tokens to Atlantis must ensure that they are actually using the BSC network to transfer the tokens. Otherwise, they may end up losing their coins. The cryptocurrency exchange has not yet integrated the XRP Ledger into the platform, which means transactions cannot be made to and from the exchange using the native blockchain.

Nothing but praise

In posts announcing the listing of the XRP token, Atlantis Exchange also took time to praise the cryptocurrency. The exchange highlights the fact that the token is used for international transactions, highlighting its ability to confirm transactions in 3 to 5 seconds.

The exchange also sees a bright future for the price of XRP. In its post announcing the listing of XRP for trading, Atlantis Exchange predicted that the altcoin’s price could rise another 100x. Now, the viability of this is questionable, but it shows that Atlantis believes the altcoin will perform well in the future.

As for the token’s price, it is experiencing a slow start to the week, with slight gains of 0.42% in the last day. However, its current trading value of $0.611 means the coin is down 2.54% in the last week. However, it remains the sixth-largest cryptocurrency in the space, with a market capitalization of $33.48 billion.

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Bitcoin Bitcoin Investment Cryptocurrency news

Book of Meme skyrockets 345% in 24hrs, Binance jumps on bandwagon

Book of Meme trading volume has soared by 262% to reach $3.8 billion, placing it at ninth on the list of the most-traded cryptocurrencies in the market today.

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Bitcoin Cryptocurrency news

Dogecoin jumps hours after Elon Musk suggests Tesla will accept DOGE payments in the future

Popular meme asset Dogecoin (DOGE) is surging after Tesla CEO Elon Musk suggested that the electric car company could accept DOGE payments in the future.

Speaking at Giga Berlin, a Tesla factory in Germany, the billionaire and longtime Dogecoin advocate was asked when Tesla would accept the dog-themed digital asset as payment for its vehicles.

The business tycoon responded that it could be a possibility in the future, noting that consumers can already use DOGE to purchase Tesla products.

“When will you be able to buy a Tesla with Dogecoin? At some point, I think we should allow that. “You can buy Tesla products with DOGE, which is great, so Dogecoin to the moon.”

Musk goes on to explain that he became a fan of DOGE after realizing that regular people were excited about it.

“Actually, a lot of people may not know that the reason I ended up supporting Dogecoin was because I was walking through the Tesla factory and some people were just working on the line, not rich people or anything, and They said: ‘Can you support DOGE?

And I was also at SpaceX, walking around the factory and some normal guys said, ‘Hey, can you support DOGE?’ And I said, ‘Hmm, you know what?’ DOGE is the people’s crypto, so I’m going to support it because a lot of rich people supported Bitcoin, but I thought, ‘Hey, if the people in line want me to support DOGE, I’ll support DOGE.’ DOGE is for you.

In the hours following Musk’s comments, DOGE jumped from a 24-hour low of $0.166 to a 24-hour high of $0.189, a jump of nearly 14%. Dogecoin has since stabilized and is trading at $0.173 at the time of writing, a gain of 3.68% over the past 24 hours.

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Bitcoin cryptocurrency exchange Cryptocurrency news

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

In a pivotal announcement, the London Stock Exchange (LSE) announced its intention to accept Bitcoin and Ethereum exchange-traded note (ETN) applications, signaling a significant shift towards the integration of digital currencies into traditional financial markets.
LSE Announces Acceptance of Crypto ETNs

The launch of the Bitcoin (BTC) and Ethereum (ETH) ETNs on the LSE platform marks a crucial development for investors seeking regulated pathways into the rapidly evolving crypto sector. These instruments are designed to track the price movements of Bitcoin and Ethereum, creating a link between the dynamic prices of cryptocurrencies and the traditional stock market structure.

“The proposed Crypto ETN: (a) is physically backed, that is, without leverage; (b) has a market price or other measure of the value of the underlying that is reliable and publicly available”, highlights the focus on security and transparency of this innovative product. The fact sheet details also emphasize the protection of assets through cold storage, thereby increasing investor confidence in the sustainability and security of these offerings against online risks.

This decision by the LSE to adopt crypto ETNs reflects the evolving regulatory landscape and the growing acceptance of crypto assets in the financial sector. This comes after the UK Financial Conduct Authority (FCA) indicated its openness to cryptocurrency-related ETNs.

Mikkel Morch, founder of digital asset investment fund Ark36, spoke to Bitcoin.com News, stating that the rise in Bitcoin prices to all-time highs coincides with the FCA facilitating the introduction of crypto-connected exchange-traded products.

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Bitcoin cryptocurrency exchange Cryptocurrency news

Cryptocurrency Price Prediction: BitBot, BabyBonk, Cryptex Finance

Cryptocurrency prices were mixed over the weekend as investors focused on upcoming US inflation data. Bitcoin remained slightly below $70,000, while Ethereum was stuck at $3,950. Tokens like BabyBonk, Cryptex Finance, and Rarible rose, while others like Wen, Solama, and Coq Inu fell by double digits. This article discusses what to expect from BitBot, CTX and BabyBonk.

BabyBonk Price Prediction

BabyBonk is a meme coin that was designed inspired by Baby Doge Coin, one of the main tokens today. It is a BNB token that aims to be a better alternative to Bonk, the fourth largest meme coin in the world.

Aside from simply being a meme currency, the token has more uses, such as an NFT collection of 1,000 unique cards. It also has a unique card game known as Bonk Royale that people can play and earn rewards.

BabyBonk price rose sharply over the weekend, reaching a high of $0.000000000099, its highest point since March 4. The token has skyrocketed above all moving averages and is approaching its all-time high of $0.000000000010.

It also became very overbought, with the Relative Strength Index surpassing 100. The MACD indicator also spiked. Therefore, the outlook for BabyBonk price is moderately pessimistic as some investors begin to take profits. If this happens, the token could fall and retest the support at $0.000000070. It will then recover as other cryptocurrencies recover.

Unlike BabyBonk and Cryptex Finance, BitBot is not a cryptocurrency you can trade for now. Instead, it is a crypto project that moved to token sales before its release to the public market.

BitBot is a company that aims to revolutionize the financial trading sector. The developers intend to launch a Telegram bot that will send signals to thousands and even millions of users around the world.

Unlike many other Telegram bots, this one will be non-custodial, ensuring users maintain full control.

The other benefit is that it will be a decentralized bot, ensuring that $BITBOT token holders will have a say in the network. They will be able to vote on important decisions and also receive part of the income generated.

The BitBot token sale is going well and the developers have raised over $900,000 from global investors. These investors hope to benefit from the token’s eventual listing in the coming weeks. You can buy the BitBot token here.

Cryptex Finance Price Prediction

Cryptex Finance’s CTX token has become one of the best-performing cryptocurrencies on the market. It rose to a high of $6 on Saturday, giving it a market value of more than $28 million. As it rose, the token crossed the important resistance point of $3.75, its highest point in March. This invalidated the double top pattern.

Cryptex held above the 50-period moving average and formed what appears to be a bullish pennant pattern. Therefore, the outlook for the token is extremely bullish, and the next point to watch is $6. A break above this point will confirm the bullish outlook.