South Korea is known for its tech-savvy population and strong inclination towards crypto investments, and a new trend has recently been thrown into the spotlight concerning XRP. According to a report from News1 Korea, Generation Z investors in the nation are displaying a marked preference for altcoins, particularly XRP, over the more established cryptos such […]
The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. The index is one of the most prominent sentiment gauges in the financial market and looks at important gauges like the CBOE VIX index, put and call options, […]
Shiba Inu’s (SHIB) layer-2 scaling solution, Shibarium, is set to reopen to the public after experiencing technical difficulties last week. The project’s lead developer, Shytoshi Kusama, has announced that testing and tweaks of Shibarium have been successful in preventing the network issues that caused its closure.Kusama has also enabled a new monitoring system and additional […]
Balancer Labs recently announced a critical vulnerability report affecting a number of V2 Pools. The firm took action to secure the majority of the total value locked (TVL) but some funds remain at risk. Users were advised to withdraw from affected liquidity pools immediately.The project reassured users that the majority of funds on Balancer are […]
Crypto enthusiasts are eagerly awaiting the third bullish golden cross in XRP’s history. A golden cross is when shorter moving averages surpass or cross long-term moving averages, indicating a shift from bearish to bullish. Popular analyst Egrag Crypto recently tweeted that the XRP community should prepare for the incoming bullish cross.Egrag’s analysis shows that every […]
Raoul Pal, a former Goldman Sachs executive, believes that the total market capitalization of cryptocurrencies will soon reach $10 trillion as institutions invest in the digital assets space. He believes that family offices, which typically take on higher than average risk, were the first to invest in the space. Pal believes that institutional investment in […]
XRP, Ripple’s native cryptocurrency, has seen a price recovery after a strong crash to $0.47 last week. According to blockchain analytics platform Santiment, wealthy investors are driving XRP towards a price rebound following a decline in the broader cryptocurrency market last week.Santiment reported that there are 221 addresses holding between 10 million – 1 billion […]
Charles Hoskinson, the founder of Cardano, believes that the United States Securities and Exchange Commission (SEC) will not come after the project’s native token, ADA. He made this statement during a recent YouTube interview on Corey Costa’s Crypto Coins.The SEC recently classified 12 tokens, including Cardano (ADA), Binance Coin (BNB), Solana (SOL), Polygon (MATIC), and […]
Bitcoin’s price has recently crashed, losing nearly $5,000 in one day. On the daily timeframe, the price has been rejected from the $30K resistance level multiple times in recent months, leading to a significant drop below the critical 200-day moving average around the $28K mark. The $25K support currently holds the price, preventing it from […]
Bitcoin mining revenue has seen a steady increase since the start of the year, despite the top five largest crypto mining companies collectively losing $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash.Hut 8 and Cipher experienced the most significant percentage decline, losing 32%, equivalent to over $400 million of their […]
