The partnership between Ripple and the Axelar Foundation signifies a significant step towards enhancing interoperability within the XRP Ledger (XRPL) ecosystem. This collaboration aims to propel the tokenization of real-world assets (RWAs) and strengthen the DeFi landscape by providing liquidity for stablecoins and high-value assets. By integrating the Axelar network with the XRPL, developers will
Crypto
In recent times, Bitcoin’s price has experienced a significant surge, with it recently surpassing the $56,000 mark. Many market analysts and investors are predicting further growth, with some suggesting that the cryptocurrency could reach new all-time highs in the coming months. This bullish sentiment is backed by various market indicators that point towards increased confidence
Despite Shiba Inu’s recent price underperformance, the number of daily active addresses has been on the rise. According to data from IntoTheBlock, SHIB daily active addresses have surged above 3,500, showing a 13% increase. This uptrend indicates a growing interest in the asset and suggests that investors are taking more notice of Shiba Inu. The
The recent network outage on Solana, lasting five hours, had a significant impact on investor confidence in the platform. The bug that caused transactions to enter an infinite loop not only disrupted the network’s functionality but also led to a surge in outflows from investment products tied to Solana. This negative sentiment resulted in $3
Could Bitcoin Exchange-Traded Funds (ETFs) potentially outpace Gold ETFs in terms of investment volume? According to Bloomberg analysts, this scenario could become a reality in a relatively short period of fewer than 24 months. In a recent analysis, Bloomberg ETF analyst Eric Balchunas highlighted the significant increase in Bitcoin ETF inflows while Gold ETFs have
Ethereum has witnessed a significant surge in its price, breaking through key resistance levels and surpassing the $3K mark. This upward movement indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3.6K as the next target. Upon closer inspection of the daily chart, it
The price of Ethereum (ETH) has seen a significant spike recently, surpassing $3,100 and reaching a nearly two-year high. This surge in price comes at a time when many other leading cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA) have shown little volatility or even minor losses in the past 24 hours. One
Bitcoin has experienced significant price growth over the past few months, driven primarily by the anticipation and approval of multiple spot Bitcoin ETFs in the United States. However, despite this surge, retail investors have not yet entered the market in large numbers. This begs the question of whether their arrival could lead to another price
In a recent development, a U.S. federal judge has given the green light to Binance’s guilty plea and a hefty $4.3 billion settlement deal for violations related to anti-money laundering (AML) and sanctions laws through its cryptocurrency exchange. This decision comes after extensive investigations and allegations against the exchange and its founder, CZ. The U.S.
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been a contentious issue in the cryptocurrency industry since December 2020. The SEC accused Ripple of conducting an unauthorized securities offering by raising over $1.3 billion through the sale of XRP tokens. Ripple, on the other hand, maintains that XRP
