Ripple’s native token became one of the poorest performers over the past few weeks, even though the lawsuit against the SEC ended. But there’s more, so let’s hop in on the latest developments in its ecosystem. Record-setting minting of RLUSD Ripple’s native stablecoin, which saw the light of day in mid-December after years of development […]
Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs have now seen nine consecutive days of inflows, with the exception of Friday, which saw a small outflow of $74 million. This was likely in […]
California’s Assembly has taken major steps toward regulating cryptocurrency with the introduction of AB-1052, initially known as the Money Transmission Act. The bill – led by California Democrat Avelino Valencia, who chairs the Banking and Finance Committee – focuses on protecting cryptocurrency users, particularly those seeking to maintain control over their digital assets. AB-1052 According […]
Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary designed to focus on industrial-scale Bitcoin mining and reserve development. This move follows the crypto mining company’s strategic decision to contribute nearly all of its ASIC miners to American Data Centers, Inc. in return for a majority stake in the company. The company, initially […]
This weekend, FTX revealed its plan to begin paying major creditors in 2025, with $11.4 billion in assets. Meanwhile, former BitMEX CEO Arthur Hayes, along with his co-founders, received pardons from President Trump after a lengthy legal battle over regulatory violations. Crypto news that flew under the radar. FTX to Begin Paying Major Creditors in […]
TL;DR Although the entire cryptocurrency market has been hit in the past several days, some altcoins are performing worse than others. Interestingly, XRP is among the biggest losers even though the company behind the token got some big and positive news this month. XRPUSD. Source: TradingView The middle of the graph above demonstrates a big […]
Art NFTs became a hot topic in the Web3 industry during 2021 and 2022, experiencing a surge in popularity. That year, trading volumes peaked at $2.9 billion, fueled by record-breaking sales such as Beeple’s Everydays for $69.3 million. Fast forward to Q1 2025, and the market has nearly collapsed, with trading volume down 93% to […]
Bitcoin’s price was rejected this week, showcasing the insufficient bullish momentum in the market. Nevertheless, the asset faces a substantial support range at the $80K mark, which is expected to hold the price in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently experienced a notable rejection after briefly breaking above […]
Ripple recently faced rejection at the 100-day MA of $2.5, leading to a substantial decline. However, the price is now approaching a confluence of key support zones, increasing the likelihood of consolidation in the mid-term. XRP Analysis By Shayan The Daily Chart XRP recently encountered heightened selling pressure at the critical 100-day moving average ($2.5), […]
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the […]