XRP Price Projection: Analyst Envisions Potential 50X Surge To $14, Here’s Why

Since the beginning of December, the XRP price has been range-bound between $0.5762 and $0.6565, lagging behind other altcoins that have seen significant gains due to increased market capital inflows.  However, recent developments surrounding the potential rejection of Bitcoin exchange-traded fund (ETF) applications by the US Securities and Exchange Commission (SEC) have added to market […]

Bitcoin address momentum drops as market eyes ETF prospects

Analyzing the momentum of new and active addresses is crucial for gauging market health and investor sentiment. Active address momentum, a measure of the number of unique Bitcoin addresses actively transacting on the network, indicates user engagement and network utilization. On Nov. 2, 2023, the monthly average of active addresses crossed above the yearly average, […]

USDC/USDT Stablecoin Pair Experiences Brief Dip In Value Amidst Market Turbulence

In a recent bout of market turmoil, the trading pair involving Circle’s USDC dollar and Tether’s USDT on Binance witnessed a sudden drop to $0.76 and $0.8 at UTC+8 20:00 and 20:15, respectively. Shortly thereafter, the values swiftly normalized. A similar dip was observed on OKX, with the trading pair reaching $0.955 around 20:00. In […]

Crypto Risks Prompt EU Bank Regulator To Probe Non-Bank Links

The European Banking Authority (EBA), the EU agency responsible for overseeing the banking sector, is planning to intensify its investigation of the potential risks posed by non-bank financial institutions (NBFIs), especially those related to cryptocurrencies, the Financial Times reported on Tuesday. EBA To “Dig Deeper” Into NBFI Links The EBA, which conducts stress tests on […]

Radiant Capital Faces Flash Loan Attack, But Maintains Token Price Stability

Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash loan attack with a loss […]

New US regulation requires reporting of all crypto transactions over $10,000 to IRS

A new US law requires reporting crypto transactions over $10,000, but questions remain about how to comply amid ambiguities.

Here’s Why Harvey’s $80M Funding is a Game Changer in Legal AI

Harvey raised $715 million in a $80 million Series B funding round, showcasing its advanced AI-powered workflow optimization technology. (Read More)

Cardano (ADA) Slips to $0.49 As Market Flushes $600M.

Cardano drops by 18% after crypto market spontaneously crashes amid mounting anticipations for Bitcoin Spot ETF approval Continue reading at DailyCoin.

Crypto Futures Razed To Ground As $659 Million Rekt With Bitcoin Crash

Data shows the cryptocurrency futures sector has gone through a mass liquidation event in the past 24 hours as Bitcoin has witnessed a sharp crash. Crypto Futures Liquidations Have Added Up To $659 Million In Past Day The cryptocurrency market has seen sharp price action during the past 24 hours. As is usually the case […]

Chinese VC firm pledges $10B fund to support Web3 startups

In an attempt to turn the Greater Bay Area into “world’s meta-asset capital,” China’s GBA Capital invests a whopping $10B fund for Web3 startups in hopes of furthering regional innovation. […] Read More… The post Chinese VC firm pledges $10B fund to support Web3 startups appeared first on CoinGeek.