TL;DR XRP’s value surged nearly 40% in a week, possibly driven by increased network transaction activity. Anticipation of a resolution in Ripple’s legal battle with the SEC may have also contributed to the recent price ascent. XRP on Fire The cryptocurrency market witnessed a significant comeback in the past few days, with numerous leading digital […]
Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents. A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service […]
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP […]
Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on […]
According to a Reuters report, three industry sources indicate that spot Ether exchange-traded funds (ETFs) are expected to begin trading on July 23. The sources also mention that the U.S. Securities and Exchange Commission (SEC) has granted preliminary approval for at least three of eight asset managers to release the spot Ether ETFs. Will Spot […]
The popular meme coin – Shiba Inu (SHIB) – has been one of the best-performing top 20 cryptocurrencies in the past seven days, with its price jumping by over 17% (per CoinGecko’s data). It witnessed a 7% increase in 24 hours, and in the following lines, we will outline the possible reasons behind the impressive […]
Bitfinex analysts have warned crypto investors to be cautious as bitcoin’s (BTC) recovery over the weekend is not a sign that its correction is over; the asset could witness more bloodshed in the near term. In the latest Bitfinex Alpha report, experts deemed the market’s reaction this week critical, especially as supply alleviated over the […]
[PRESS RELEASE – Dubai, United Arab Emirates, July 15th, 2024] Flare, the layer 1 blockchain for data, is delighted to announce that the SparkDEX team has chosen to deploy its advanced decentralized finance hub on the network, featuring an AMM and perps protocol. In doing so, SparkDEX will leverage Flare’s enshrined data protocols for decentralized […]
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September […]
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become […]