Ripple (XRP) holders have the opportunity to earn passive income through the upcoming XRP Ledger (XRPL) Automated Market Maker (AMM). By becoming Liquidity Providers (LPs) and contributing to liquidity pools, XRP holders can benefit from the trading fees generated by these pools.Panos Mekras, a Financial Consultant and the Founder of DigitalGen, has highlighted the potential […]
Binance, the leading crypto exchange, has launched ColLabs, an invite-only Web3 investment and financing community. The program is designed to bring together founders, builders and investors, and to become the knowledge exchange hub for the Web3 venture capital community. Members will have access to exclusive content, select curricula from Binance Labs’ incubation programs, and deal-sourcing […]
Giddy, a company that facilitates straightforward fiat-to-crypto transactions and token swaps, has recently announced its integration with the Ethereum Mainnet. This follows its initial association with the Polygon network, and marks its objective to span multiple blockchain networks. The Ethereum Mainnet support provides many utilities, such as enabling users to engage with a wide spectrum […]
Robinhood, a US-based investing and trading platform giant, has been identified as the owner of the fifth largest Ethereum (ETH) wallet address. Data from Arkham Intelligence shows that the company’s cold wallet address holds 1,493,000 ETH worth $2.54 billion. This makes Robinhood the fifth largest holder of the token behind major crypto exchanges Kraken and […]
Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token. Trading is expected to begin on or after 9:00 AM PST on Aug. 31, assuming liquidity conditions are met. PYUSD was initially launched by PayPal on Aug. 7 and is now supported […]
Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token. Trading is expected to begin on or after 9:00 AM PST on Aug. 31, assuming liquidity conditions are met. PYUSD was initially announced by PayPal on Aug. 7 and has since been […]
Cardano (ADA) has seen a surge in its network health, with a total of 4.261 million unique wallet addresses and a Total Value Locked (TVL) of 625.97 million ADA. Despite the crypto bear market, the Cardano network has seen a 6 percent growth in wallet addresses since April 1, 2023. However, the price of Cardano […]
Crypto ATMs are becoming increasingly popular in the United States, despite criticism for illegal or predatory behavior. These ATMs convert Bitcoin and other cryptocurrencies or stablecoins into or out of fiat, and usually charge a fee of 15-16%. The report identified four user groups for crypto ATMs, including cash users, older people, those motivated by […]
The United States Securities and Exchange Commission (SEC) has postponed its decision on WisdomTree’s Bitcoin Trust, which was first filed on December 8, 2021. In response to BlackRock joining the spot Bitcoin ETF race, WisdomTree refiled its application on July 19, 2023. Other institutional giants such as Valkyrie, Fidelity and Invesco have also re-filed their […]
Bitcoin trading volume has seen a large boost recently, according to data from the on-chain analytics firm Santiment. The trading volume refers to the daily total amount of a specific asset being moved around on the blockchain. When the value of this metric is high, it means that many tokens of the cryptocurrency in question […]
