Ripple has joined hands with Hedera and Aptos Foundation to launch the MiCA Crypto Alliance. Chainlink has partnered with Fireblocks to enhance the issuance and transactions of stablecoins.
Meanwhile, IntelMarkets has skyrocketed, entering into the second stage of its presale. Its price has jumped from $0.009 to $0.018 while raising over $370k in funding.
Ripple (XRP) Partners With Others To Launch The MiCA Crypto Alliance
According to reports, Hedera, Ripple, and Aptos have collaborated to introduce the MiCA Crypto Alliance with technical assistance from the DLT Science Foundation. Its primary aim is to coordinate and optimize the compliance processes within the blockchain industry while maintaining openness.
The MiCA Alliance will seek to offer standardized instruments and materials that would create an effective cryptocurrency system and lower compliance costs in the process.
In other news, the Ripple coin is showing gains on the biweekly and monthly charts. It is among the top crypto coins that have broken out of the bearish trend in the general market.
Thanks to the gains, the Ripple price is trading above the 50-Day SMA ($0.566209) and 200-Day SMA ($0.547745), which is a bullish signal. Bulls have also increased its 14-day RSI above the 50 mark. CryptoWZRD_ says the value of Ripple crypto could increase to $0.90 if it crosses the $0.65 mark.
Chainlink (LINK) and Fireblocks To Improve Stablecoin Issuance and Transactions
DeFi solutions provider Chainlink Labs has made a partnership with digital asset management platform Fireblocks to enhance stablecoin issuance and transactions. This partnership was announced on September 17, and its purpose is to help banks and financial institutions obtain developed means to allocate and transact stablecoins.
As the foundation of this partnership, both will use a tokenization engine to provide secure creation, storage, issuance, and administration of tokenized assets such as stablecoins. In the meantime, Chainlink coin is up on the weekly and monthly price charts. Its market cap is fluctuating between $5.5 billion and $8 billion.
Analysts say that the Chainlink price has to surpass the 50-Day SMA ($10.98) and 200-Day SMA ($15.06) mark to begin an uptrend. Michael van de Poppe says the value of Chainlink crypto could increase to $35.29 in the coming months.
IntelMarkets (INTL) Skyrockets As It Enters Stage Two
IntelMarkets (INTL) has emerged as one of the best ICOs in the market right now, entering the second stage of its presale. The price of the INTL token jumped from $0.009 to $0.018. Analysts forecast the value of the cryptocurrency could rise to $0.11 by the end of the year, a projected gain of over 1,100% for investors who join the presale early.
At its core, IntelMarkets is an AI-powered smart trading platform where traders can use the latest trading tools and resources. One unique tool is the multi-channel analysis that gathers data from more than one thousand technical sources. This provides analysis of 100k data points in real-time to traders to see changes in the market and make accurate trades.
Also, IntelMarkets offers copy trading and allows users to mirror the strategies of top professionals who have good trading history on the platform. This allows newbies to make profits without having much knowledge of the market.
This trading platform is also built on a dual-chain structure that includes Solana and Ethereum to guarantee speed and security. Another feature of IntelMarkets is high leverage options with such rates as 1000x. This enables the traders to expand small trades into big profits.
Can IntelMarkets Rise To the Level of Chainlink and Ripple?
IntelMarkets is one of the best DeFi projects to watch out for in the crypto market. Despite being new, IntelMarkets plans to launch a trading platform that will give traders access to advanced trading tools used by Wall Street giants. Analysts say these tools could propel its adoption in the coming months.
Discover More About Intel Markets:
- Presale: https://intelmarketspresale.com/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
