XRP price pumps and dumps amid mysterious $51M whale transfers — what’s next?
XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. Go to Source Powered by WPeMatico
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XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. Go to Source Powered by WPeMatico
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield generating investment options, and also payments, with Bitso and Mercado Bitcoin being … Read more
David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem akin to shareholders of eBay, which he believes makes the entity secure. Go to Source Powered by WPeMatico
Ripple’s new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings. Go to Source Powered by WPeMatico
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news follows Celsius customers begging the bankruptcy court to release funds over … Read more
Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S. Go to Source Powered by WPeMatico
With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions have lost 30% to 60% in USD value during the past three months. Q2 data further shows that binance coin managed … Read more
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored … Read more
The verdict is out. The U.S. Bureau of Labor Statistics released this month’s CPI numbers for Jun 2022, and the data suggests the continuing rise of inflation with an overall increase of 9.1% before seasonal adjustment. While the stock market hasn’t opened yet, experts suggest that the market will continue to slide amid the latest … Read more
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market capitalization of all … Read more