In an environment where most cryptocurrencies are grappling with loss, XRP stands out as a beacon of resilience. On September 30, while giants like Bitcoin, Ethereum, and Binance Coin recorded slight dips, XRP managed to climb 4%, defying the bearish trend that has enveloped the market. With its recent price surge to $0.66, before settling
Crypto
In the realm of digital currencies, the dialogue is rapidly evolving. This was illustrated at the 2024 Tsinghua PBC Chief Economist Forum, where former Chinese Vice Minister of Finance, Zhu Guangyao, called for a transformative reassessment of China’s stance toward cryptocurrency. His observations come at a critical juncture when the global narrative around digital assets
The cryptocurrency landscape is dynamic and constantly evolving, driven by user engagement and innovation within various digital asset networks. An insightful analysis conducted by IntoTheBlock has shed light on the daily active addresses of a selection of prominent cryptocurrencies, offering a lens through which to evaluate the intensity of user activity. This metric serves as
The current landscape of cryptocurrency investment in the United States has experienced a seismic shift, particularly regarding spot Bitcoin Exchange-Traded Funds (ETFs). During the recent trading week, a remarkable surge was observed, with more than $1 billion flowing into 11 US-based spot Bitcoin ETFs. This surge comes on the heels of the US Federal Reserve’s
In a surprising turn of events, Bitcoin has experienced notable upward momentum following the recent release of inflation data in the United States. The largest cryptocurrency by market capitalization ascended above $66,500, marking its highest point in nearly two months. This rebound signifies not just a recovery from previous lows but also reflects broader market
The realm of cryptocurrency has been characterized by rapid evolution and persistent regulatory uncertainty. Recently, a contingent of Republican lawmakers, led by Representative Patrick McHenry and Senator Cynthia Lummis, has expressed profound concerns regarding the Securities and Exchange Commission’s (SEC) regulatory stance on crypto custody. Their focal point of contention is Staff Accounting Bulletin No.
In the ever-shifting landscape of cryptocurrency, few events excite the community quite like the unexpected transactions from dormant bitcoin addresses. Recently, Arkham Intelligence reported on a notable case involving a long-inactive bitcoin whale that has suddenly reactivated its wallet after a decade of silence. The address in question executed a transfer of 5 BTC to
The worlds of cryptocurrency and exchange-traded funds (ETFs) have witnessed notable shifts recently, primarily with Grayscale’s Ethereum Trust (ETHE) and its Bitcoin counterpart (GBTC). On a seemingly routine Monday, these funds experienced significant net outflows—$80.6 million from ETHE and $40.3 million from GBTC—highlighting a growing discomfort among investors regarding these financial products. What’s striking, however,
Launched in March 2024, Hamster Kombat swiftly gained immense traction in the rapidly evolving landscape of gaming, particularly within the blockchain space. By the conclusion of its inaugural season, the platform boasted an impressive user base exceeding 300 million, with participation peaking in anticipation of a significant airdrop event. While the excitement surrounding Hamster Kombat’s
In a significant move for the Solana blockchain ecosystem, Jupiter Exchange, the leading decentralized trading platform, has acquired SolanaFM, a prominent blockchain explorer. This strategic acquisition, announced through a post on X on September 20, 2023, aims to enhance both the data and infrastructure capabilities of Jupiter Exchange while promising better functionalities for the expansive
