In the ever-changing world of cryptocurrencies, investors must remain vigilant as Ripple’s XRP faces a potential 20% price drop. Meanwhile, Borroe Finance’s ($ROE) presale is gaining momentum, offering investors an opportunity to participate in a top crypto project that aims to revolutionize the blockchain landscape.Ripple’s XRP has been subject to legal challenges from regulatory bodies, […]
Grayscale, one of the largest holders of Bitcoin, is also reportedly the second-largest holder of Ethereum, according to a recent report by crypto analytics platform Arkham Intelligence. The platform identified Grayscale Ethereum Trust on-chain, with the asset manager holding close to $5 billion in Ether.The crypto analytics firm noted that Grayscale’s ETH holdings were split […]
Nicholas Merten, the host of DataDash, has warned his 512,000 YouTube subscribers that the altcoin market cap could soon bleed out a whopping $60 billion. Merten believes that the altcoin market is in a bearish pattern after recent bounces failed to print higher highs, indicating that the downtrend is intact. He also believes that Ethereum […]
Shiba Inu’s Layer-2 scaling solution, Shibarium, has seen a surge in popularity with over 634,000 active addresses. The platform boasts 600,000 active wallets and facilitates over 700,000 transactions. In the past 24 hours, an impressive 52 million SHIB tokens were destroyed, effectively reducing the circulating supply. The public launch of Shibarium is responsible for the […]
Bitget, a top derivatives cryptocurrency exchange and copy trading platform, has unveiled a major upgrade to its API connecting to Koinly’s tax reporting platform. This upgrade was shaped by feedback from the platform’s users and is designed to simplify and accelerate the process of cryptocurrency taxation.Koinly supports over 20,000 tokens, 170 chains, and 400+ exchanges, […]
Amidst a series of rapid developments, the XRP cryptocurrency market has experienced heightened activity. Whale Alert reported a significant transfer of 66,666,659 XRP (approximately $33,065,809) from Binance to an undisclosed wallet, sparking speculation about its potential impact and its proximity to the $1 price point. Ripple has also placed substantial XRP amounts into secure escrow […]
The U.S. Securities and Exchange Commission (SEC) has filed a confidential, sealed motion in its ongoing case against Binance, causing a stir in the cryptocurrency world. This rare move by the SEC has triggered substantial market turmoil, with prices of Bitcoin, Ethereum, BNB, XRP, Cardano, and more fluctuating. Industry insiders are predicting a rollercoaster ride […]
Tether (USDT) is the leading stablecoin by market cap, but it has been deviating from its peg in times of heightened volatility. Kaiko Data recently proposed a new measure termed “depeg severity” which correlates to the total trade volume of a stablecoin. As the trading volume escalates, the threshold for a depeg event decreases. USDT […]
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, has announced a strategic partnership with Ginco, a blockchain startup, to introduce an enterprise wallet solution and facilitate MUFG’s crypto asset trust services. This marks MUFG’s return to the cryptocurrency arena after facing regulatory challenges. MUFG’s Progmat platform has played a pivotal role in establishing MUFG’s presence […]
Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able […]
