Bitcoin’s recent surge beyond $27,000 has caused a market reaction that could potentially reshape the Bitcoin landscape. As trading interest decreases, the total Bitcoin held on exchange addresses is showing a significant decrease, indicating a shift in investor behaviour. This could be a sign of growing long-term holding confidence, as investors are transferring their Bitcoin […]
Ripple, the company behind the XRP token, has been included in the Fintech 100 list for its work in modernizing cross-border payments. This recognition comes after the crypto firm achieved a legal victory against the US Securities and Exchange Commission (SEC). Ripple was also ranked 13th in Fortune Magazine’s “Best Workplace in Technology” for 2023 […]
Solana has emerged as a leading favorite among investors, with its 27th week of net positive inflows this year amounting to $5 million. In stark contrast, Ethereum has experienced seven consecutive weeks of outflows, totaling $1.5 million.The previous week saw a reversal in the investment tide, attributed to a surge in price momentum and apprehensions […]
Ripple, a blockchain startup, has achieved a major victory by securing a full license to offer digital token payment services in Singapore from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide digital token payment services in the country and marks an important step towards the adoption of digital assets.The news of […]
The recent influx of 14,924 Bitcoins into Kraken, one of the leading cryptocurrency exchanges globally, has raised questions and sparked interest among investors, analysts, and enthusiasts. This marks a pivotal moment in the market since the influx is the largest recorded on Kraken since 2018. CryptoQuant’s data suggests that the influx could be due to […]
El Salvador has officially launched its first local Bitcoin mining pool, the Volcano Energy project, in partnership with Luxor Technology. The $1 billion renewable energy project, which has attracted investments from Tether, will generate electricity from renewable sources in El Salvador to power Bitcoin mining operations. Volcano Energy is tapping into Luxor’s experience in providing […]
The SEC’s appeal to extend the ongoing court battle with Ripple Labs was rejected, causing the price of XRP (XRP) to surge over 7%. This legal win builds new momentum for XRP, which has been beaten down since mid-July’s huge jump. Given the positivity surrounding XRP’s latest legal win, Bitcoin Minetrix (BTCMTX) is gaining buzz […]
Binance Futures has unveiled its upcoming offerings, which include two main types of futures: COIN-Margined (COIN-M) and USDS-Margined. The COIN-M variant allows traders to possess the underlying digital asset, settling and collateralizing in the primary cryptocurrency. The platform will introduce the new Quarterly 0329 Futures Delivery Contracts, which will include COIN-M BTC, ETH, BNB, ADA, […]
Economist Henrik Zeberg has predicted a big Bitcoin rally, based on the BTC/SPX Ratio, which shows Bitcoin outperforming stocks. Bitcoin’s current price hovers near $27,500, potentially rising if it surpasses $27,700 resistance.Zeberg’s analysis centers on the BTC/SPX Ratio, an indicator juxtaposing Bitcoin’s performance against the S&P 500 index (SPX). He hints at a substantial Bitcoin […]
Crypto analyst Egrag Crypto has been one of the most vocal about their bullish stance on the XRP price, even with the market fluctuations. He recently shared his $27 XRP price prediction in a post on X, following Judge Analisa Torres rejecting the United States Securities and Exchange Commission (SEC) motion for an interlocutory appeal. […]
