Ripple Labs, a blockchain company based in San Francisco, recently transferred nearly 30 million XRP, amounting to $15,040,591 in value, to Bitstamp, a major cryptocurrency exchange. This appears to be a sale, as Whale Alert, a prominent blockchain tracker, identified multiple XRP transactions of similar magnitude during August. Despite a prior 4.73 percent increase since […]
X, the native token for X.com, has seen a surge in price over the past 24 hours, with the token trading at $0.144 at the time of writing. The token has gained 74% over the past week and is one of the top performers across the cryptocurrency market in August. X has posted several bullish […]
Binance USD (BUSD) has seen its market share rapidly decline this year after it was labeled securities by the U.S. Securities and Exchange Commission (SEC). This has caused its circulating supply to dwindle to under $3 billion from a peak exceeding $20 billion last year. In response, Binance has recommended its users convert their BUSD […]
Ron DeSantis, one of the US Presidential candidates, recently unveiled a “Declaration of Economic Independence”, outlining some of the biggest financial challenges that America currently faces. He pledged to let the cryptocurrency industry thrive and not allow the launch of a central bank digital currency (CBC). DeSantis has been one of the most vocal crypto […]
The Securities and Exchange Commission (SEC) may be forced to approve spot bitcoin (BTC) exchange-traded-fund (ETF) applications from several asset managers after a federal court said the regulator must review its rejection of Grayscale’s attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF, according to a report from JPMorgan (JPM) on Friday. The […]
Bitcoin price is closing in at $26k once again after dropping to $25,400 last Friday. The coin saw quite a bit of volatility in the final days of August, first skyrocketing to $28k on August 29 after Grayscale’s court victory over the SEC, only to crash again on August 31. Analysts believe that Bitcoin is […]
XRP has seen a surge in on-chain volume and development activity, with its sales recently determined to be non-securities. Bitcoin, on the other hand, is facing uncertainty due to fear surrounding the potential rejection of ETF applications. Santiment, a blockchain analytics firm, is closely monitoring the supply of stablecoins held by prominent crypto investors as […]
Wall Street Memes (WSM) is a meme currency that has recently raised over $25 million in its presale funding round. The project is now preparing for its highly anticipated tier-1 launch on September 27th, which is expected to cause a surge in its price. WSM has gained fame as one of the largest meme currency […]
Bitcoin, the world’s leading cryptocurrency, appears to be facing a challenging September, historically a difficult month for the digital asset. This is due to a combination of factors, including the US Securities and Exchange Commission’s decision to delay its ruling on a Bitcoin spot Exchange-Traded Fund (ETF) and broader macroeconomic concerns.Noelle Acheson, the author of […]
The co-founders of the blockchain gaming platform Gala Games, Wright Thurston and Eric Schiermeyer, have filed lawsuits against each other in a Utah District Court. Schiermeyer claims that Thurston stole $130 million worth of GALA tokens at the beginning of 2021, while Thurston claims Schiermeyer has been wasting company assets and borrowing money from Gala […]
