XRP recently experienced a slight decline after surpassing the $0.50 mark, but it managed to recover its weekly losses and emerge as the only top cryptocurrency in the green. The surge in open interest among traders suggests that there is growing anticipation for a price increase in XRP. This heightened trading activity could indicate bullish
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Recently, ex-convict Martin Shkreli made headlines once again, but this time in the cryptocurrency world. After spending time in prison for financial-related frauds, he took to an X space to publicly announce his involvement in creating the new Donald Trump-themed token DJT. Questions about the token’s legitimacy and accusations of insider trading have been circulating,
In the midst of significant turbulence in the cryptocurrency market, investors have started gravitating towards Bitcoin as a safe haven amidst chaos. Recently, Bitcoin’s dominance has reached a nine-week high of 57%, showcasing a clear preference for the leading digital asset. Altcoins, on the other hand, have suffered from a massive sell-off, losing significant market
Growing up in Edo State, Nigeria, with my three siblings has been a journey filled with learning and growth. My parents have been the foundation of my existence, providing unwavering support through the highs and lows of life. Their presence has instilled in me a sense of security and belief that has shaped my outlook
The recent announcement by the Securities and Exchange Commission (SEC) regarding Ethereum 2.0 has brought a sense of relief to the cryptocurrency community. The SEC has officially closed its investigation into Ethereum, determining that sales of ETH are not classified as securities transactions. This decision follows a letter sent by Consensys on June 7, seeking
The US Securities and Exchange Commission (SEC) has expressed worries about Circle’s stablecoin, USDC, as the company prepares for a multi-billion dollar initial public offering (IPO). The regulatory body has raised concerns about the potential classification of USDC and other stablecoins as securities under US law. This is not the first time the SEC has
South Korea’s Financial Supervisory Service (FSS) has recently addressed the concerns surrounding the potential removal of various digital assets from local cryptocurrency exchanges. This development comes in light of the Virtual Asset User Protection Act, which aims to enhance compliance and scrutiny of listed tokens on these platforms. Contrary to initial reports, the FSS has
Aavegotchi has recently announced the upcoming Rarity Farming Season 8, which promises to bring a thrilling competitive experience for players. With a generous prize pool of 150,000 GHST, this season will introduce several new features aimed at enhancing the overall gameplay experience. One of the key highlights of this season is the introduction of double-elimination
The recent outflows from crypto funds have raised concerns among investors and analysts alike. After five weeks of consecutive inflows totaling $4.35 billion, the sudden reversal to $600 million in outflows has caught many by surprise. The outflows were primarily concentrated in Bitcoin and Solana funds, signaling a shift in investor sentiment towards these assets.
Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in price in the past 24 hours and a 3% increase over the week. This upward trend stands in contrast to the performance of other major cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin, which have seen a dip