The cryptocurrency market recently experienced a significant correction, with Bitcoin (BTC) being one of the most impacted digital assets. BTC’s price has dropped by approximately 6% over the past week, currently trading around $65,400 according to CoinGecko’s data. One possible reason for BTC’s increased volatility and decline could be attributed to long-term holders cashing out
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Recent data from the blockchain analysis platform Arkham Intelligence reveals that Tether, the world’s largest stablecoin issuer, has increased its Bitcoin holdings significantly. On March 31, Tether acquired 8,888 Bitcoin, bringing its total BTC holdings to nearly 75,400. This move positions Tether as one of the largest Bitcoin holders in the market, surpassing even some
Singapore’s Payments Service Act (PSA) underwent significant amendments by the Monetary Authority of Singapore (MAS) to strengthen its jurisdiction and amplify user protection within the cryptocurrency industry. These changes reflect Singapore’s dedication to establishing itself as a crypto-friendly hub that prioritizes investor security alongside fostering innovation. Expansion of Digital Payment Token Services MAS integrated three
As the Bitcoin Halving event approaches, with only a few blocks left before miners’ rewards are halved, all eyes are on the potential impact this event could have on the price of Bitcoin. Scheduled to occur around April 19 at Block 840,000, the Halving is a deflationary measure programmed by Bitcoin’s founder, Satoshi Nakamoto, to
As we look ahead to the second quarter of 2021, there are several exciting game releases in the world of blockchain gaming that have the potential to shake up the industry. Games like Illuvium’s The Overworld component, Guild of Guardians, and Big Time are generating a lot of buzz due to their innovative gameplay, strong
Discover the potential paths and future of XRP, examining its market position, regulatory challenges, partnerships, market performance, and technological developments. Explore the impact of global financial regulation and community sentiment on XRP's adoption and value as a utility token.
The recent drop in the Cardano (ADA) price below the $0.7 psychological level has left many investors wondering about the reasons behind it. The crypto token experienced a significant correction from its peak of $0.8 in mid-March and has struggled to regain its momentum since then. Data from the crypto analytics platform Santiment reveals that
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) is reaching a crucial point as they prepare for a trial scheduled on April 23. In a recent development, both parties have come together to address sealing issues related to the upcoming remedies briefing. This collaborative effort was highlighted in a joint
The decentralized finance ecosystem within XRP has taken a significant step forward with the integration of automated market maker (AMM) functionality. Recent reports from XRPScan indicate that the introduction of AMM features has resulted in the creation of the first liquidity pools within a matter of minutes. These pools are now holding substantial amounts of
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of conducting an unregistered securities offering by selling XRP, raising more than $1.3 billion. Ripple has defended itself by claiming that XRP is a currency, not a security, and therefore should