XRP’s price recently saw an increase above $0.57 within a 24-hour period, only to be pulled back down to around $0.56 by sellers. Despite this pullback, the price still marked a significant increase of over 10% since February 9th when it was trading below $0.52. This price volatility is not uncommon for XRP, a cryptocurrency
Crypto
TRON Founder Justin Sun recently unveiled a groundbreaking roadmap for TRON’s Bitcoin Layer 2 initiative. This initiative aims to enhance the scalability, speed, and security of the Bitcoin network while also fostering interoperability between TRON and Bitcoin. One of the key aspects of the roadmap is the integration of tokens on the TRON network with
Genesis Global has recently been granted approval by the bankruptcy court to sell approximately 35 million shares of Grayscale Bitcoin Trust, with a total estimated value of $1.3 billion. This decision was made by U.S. Bankruptcy Judge Sean Lane during a court hearing in White Plains, New York. The authorization given to Genesis allows them
Recently, Hayden Adams, the founder of Uniswap, took to social media to warn the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams highlighted how scammers are using fake clones of Ethereum Name Service (ENS) domains to trick users into sending funds to the wrong
The highly anticipated verdict in Changpeng Zhao’s court battle with the United States government has been delayed, much to the disappointment of many. CZ, the former CEO of Binance, found himself in hot water after pleading guilty to violations of AML procedures. As part of his agreement to remain out of custody until his sentencing,
After months of consideration, FTX has decided to forgo any plans of restarting the exchange following the bankruptcy process. The company’s legal representatives have made it clear that FTX will instead dissolve once all debts are settled. While the full repayment of creditors is not yet guaranteed, it remains an achievable goal according to Andrew
Bitcoin has continued its upward trend this week, reaching a new monthly peak of $48,600. After a period of stability following last week’s volatility, the bulls took over the market and pushed the price above $47,000 by the end of the week. The weekend saw even more positive movement, with Bitcoin surging to $48,600 for
The influx of Chinese Bitcoin miners in Ethiopia has raised eyebrows in the global cryptocurrency community. Drawn by the allure of cheap energy and favorable climates, these miners have found a new home in the African nation, particularly near the Grand Ethiopian Renaissance Dam (GERD). Following their displacement from China, due to strict regulations, these
Bitcoin has shown significant positive momentum in the past 24 hours, reaching above $48,000 and setting a new monthly peak. This surge in price comes after a week of relatively stable trading, with the asset hovering around $43,000. However, things started to change mid-week when Bitcoin broke out of its tight trading range and surged