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Since the start of the year, the BRICS economic alliance and the US have seen tensions explode, and Saudi Arabia has unwillingly sat at the center. Indeed, their issues have reached a fever pitch amid a brewing trade war between the United States and China. Now, all eyes are on Riyadh and where its loyalties could lie in a geopolitical sense. The country was among the first to be included in the bloc’s landmark expansion plan. However, since accepting an invitation to join, Saudi Arabia has yet to fully become a part of the collective. Now, that may never come, as it stands in a complicated position with both allies. Also Read: BRICS: China & Russia Announce New Major Partnership Saudi Arabia Stands at the Center of US & BRICS Conflict: Which Side Are They On? Since his return to the White House, US President Donald Trump has not minced words regarding the BRICS bloc. Indeed, he warned that the bloc would face a 150% tariff for its attempts at creating a currency to rival the U...

The Chainlink price went up 2% in the last 24 hours to trade at $29.15 as of 2 a.m. EST on trading volume that skyrocketed 45% to $3.6 billion. The LINK price also surged over 23% on a weekly chart, which closely resembles Bitcoin’s performance. The project saw a small price boost last Friday, rising to the resistance at $26, only to spend most of the last weekend trying to breach it. This week’s Monday then brought a rejection to $20, only for the price to start another increase on late Tuesday, which brought a slow increase back to $24. Then, yesterday, the price shot up to the resistance at $30, which it has been trying to breach ever since. As mentioned, this performance closely resembles Bitcoin’s price surge, with the oldest cryptocurrency similarly struggling to breach the resistance at $102.5k. While LINK has since been rejected to $29.15, so did Bitcoin drop to $100k. However, Chainlink did see some positive developments recently that may have contributed ...

The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago, Coinbase listed Aleo (ALEO) under the experimental label. “Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” The experimental label indicates a high-volatility asset that is new to the platform. These assets typically have a low trading volume compared to more established cryptocurrencies. According to its website, Aleo’s protocol prioritizes privacy and scalability by leveraging zero-knowledge proofs to help ensure user privacy. Zero-knowledge proofs enable one party (the prover) to prove to another party (the verifier) that it possesses a certain value without revealing its actual value. According to Aleo, its network utilizes zero-knowledge proofs so that users can prove that they have the necessary funds to complete a transac...

Ripple has formed an alliance with SBI Digital Community, a Japanese financial giant SBI Holdings subsidiary. This partnership seeks to boost the XRP Ledger (XRPL) in the Web3 community, potentially changing XRP’s role in blockchain technology. This collaboration occurs amid significant crypto market volatility. XRP, trading at $0.57, has experienced many fluctuations. It can also improve XRP’s situation on the market. SBI Holdings adds credibility and resources to the situation. Their involvement indicates rising institutional interest in blockchain and cryptocurrencies. Also Read: Cardano: Is ADA Capable Of Hitting $1 In 2024? Ripple and Japanese Financial Giant: Boosting XRP Amid Market Volatility The Strategic Alliance Ripple and SBI Digital Community will collaborate to expand XRPL’s reach. SBI Digital Community’s “Web3 community” initiative, Bto3, will increase XRPL engagement among individual users, which is expected to popularize XRPL. Impact on the...

Binance France has temporarily extended its collaboration with Paysafe. The partnership , which was supposed to end on Sep. 25, has been prolonged to ensure smooth operations. Binance France clients are now urged to convert their fiat balances to crypto. In June, Binance said it was working with Paysafe, the global payment solutions provider, to implement an orderly and fair process to terminate this service over the next few months. In the Sep. 26 update, a Binance France spokesperson said the exchange had negotiated more time for clients and would provide another update on the timeline as soon as possible. However, as the partnership ends, Binance may require users to provide additional information as part of standard compliance checks. You might also like: CommEX, platform that acquires Binance Russia, will offer services in Crimea The announcement comes just over a month after Binance customers in Europe reported issues with fiat withdrawals via the Si...