As it happened during the past few weekends, bitcoin’s price volatility has essentially disappeared once Saturday and Sunday come, with the asset remaining stuck at $63,000 for roughly 36 hours now. Most altcoins have performed similarly, which is why we will focus on their weekly moves. Some of the major gainers here are XMR, LINK, […]
The meme coin mania is long gone and perhaps forgotten, as evidenced by the substantial decline in the price of its leader. DOGE recently slumped below $0.07 for the first time in almost three years, a level that it’s still unable to reclaim. Although it remains 90% away from its 2021 all-time high, several popular […]
After several months of flirting with the psychological support level at $1.00, Ripple’s XRP finally dipped below it on a couple of occasions in the past week, which aligned with many analysts’ expectations for such a move before a major rebound. However, some of the same analysts have been publishing controversial opinions on where the […]
Bank Leumi will offer Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) trading to roughly 2.5 million retail customers from early 2027 through a partnership with Galaxy Digital (GLXY), the two companies said on August 14, in what they describe as the first digital asset trading service offered by a bank in Israel. Customers of Leumi […]
Exchange-traded funds (ETFs) took 25.0% of Gen Z equity trading volume on Binance in the first days of August, up from 14.6% in June. According to a Binance Research report published on August 12, millennials directed 9.5% of their early-August equity volume to the same instruments. Unleveraged ETFs drew 18.5% of Gen Z net equity […]
Ever since bitcoin started to lose value rapidly and consistently in Q4 last year, the main question within the cryptocurrency community is how low it can go. The next one was: when and where it will bottom out. Analysts began speculating after each leg down. At first, it was $60,000 when BTC dipped to that […]
Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city. Mayor Brandon M. Scott and the Baltimore City Council filed separate lawsuits on August 13 in the Circuit Court. The cases allege violations of Baltimore’s Consumer Protection Ordinance and accuse the companies […]
XAO DAO is preparing a series of governance changes for the XRP Ledger over the next two to three months, according to Fabio Marzella, the organization’s co-founder. The planned changes would let members delegate voting power, adjust quorum rules, and access community mini-grants, as the DAO looks to make participation easier and more representative, at […]
XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed […]
On August 13, Trezor disclosed that a data breach at its shipping partner, ShipMonk, exposed the personal information of roughly 13,700 recent customers, including names, phone numbers, and home addresses. Binance founder Changpeng Zhao (CZ) responded by arguing that the incident shows a real advantage of software self-custody wallets, since they don’t require shipping a […]