XRP Price Analysis: Crypto Traders Brace for a Wild Ride as XRP Approaches Critical Levels

XRP presently hovers at $2.58 per token, boasting a $149 billion market valuation and $4.66 billion in daily trading activity. Over the past 24 hours, its value has oscillated between $2.52 and $2.69, lingering 24.1% beneath its historic peak as market participants navigate a phase of technical ambivalence and sideways momentum. XRP XRP’s hourly chart … Read more

Survey: 62% of FTX Creditors Flock to Solana Amid Reimbursement

A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose. … Read more

Safemoon’s Former CTO Pleads Guilty to Fraud

The guilty plea is the latest development in one of crypto’s most scandalous fraud schemes that left an $8 billion project bankrupt. Former Executive of Defunct Crypto Firm Safemoon Enters Guilty Plea Thomas “Papa” Smith used to be the chief technology officer at Safemoon, an $8 billion decentralized finance (DeFi) project that went bankrupt in … Read more

Bitcoin and Ether ETFs Debut on ASX as Betashares Partners With Bitwise

The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange … Read more

Wintermute’s Market-Making Role and the $KAITO Airdrop Controversy

The cryptocurrency world is ever-changing, and fresh tokens regularly arrive to capture investors’ and traders’ attention. One recent token that has been making a stir is $KAITO, thanks to its arrangements for market making and the debates around its airdrop. Wintermute, a major player in the industry, has been ensuring that $KAITO has the necessary … Read more

Whale’s Persistent Investment in $VIRTUAL: A Risky Gambit After $5 Million Loss

Here in the realm of cryptocurrency, large investors—affectionately dubbed “whales“—can and do exert the power to sway the market in either direction. When a whale decides to either buy or sell not just a few but many thousands of a certain token, the price will respond in either an up or down motion with varying … Read more