The XRP price has retraced a good portion of its gains following its surge above $0.54 last week. Naturally, this could signal that the end is in sight for an XRP rally but this is not necessarily the case when you look at the altcoin’s metrics and performance even amid its price decline. XRP Daily […]
Michael Lewis’ new book puts a positive spin on Sam Bankman-Fried
Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, “Going Infinite: The Rise and Fall of a New Tycoon.”
Crypto firms assemble aid fund amid Israeli-Hamas war
Several web3 companies have banded together to open donations via the Crypto Aid Israel platform, pulling together resources to finance humanitarian aid for displaced Israelis.
Just One Game on Solana Is Doing More Daily Transactions Than All of Polygon
SAGE Labs, the browser-based sci-fi game experience on Solana from the Star Atlas team, saw over 2.29 million transactions on Sunday—surpassing the total for the entire Polygon network by about 256,000 transactions. According to data from analytics platform Flipside Crypto, Star Atlas’ SAGE Labs experience has seen over 16 million total transactions since it launched […]
Flutterwave and Hedera (HBAR) Join Forces for Instant Payments Revolution in Africa
Flutterwave and Hedera have partnered to integrate the stablecoin USDC on the Hedera network to enhance cross-border financial transactions in Africa. The partnership was announced at the Africa Money & DeFi Summit West Africa, a platform that fosters collaborations in the fintech and cryptocurrency sectors. Flutterwave, a foremost African payments company, and Hedera, a notable […]
This Analyst Predicts When Bitcoin (BTC) Price Will Reach $20,000
Crypto analyst Rekt Capital said the current Bitcoin market structure mimics dynamics seen at the end of 2019. In a recent price forecast, they argued for a bearish BTC pivot despite recent price trends suggesting otherwise. Analyst Sees Bitcoin Decline to $20,000 in Bear Market The graph below shows that, at the end of 2019 […]
Bitmain suspends employee pay amid financial turmoil
Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. This drastic action echoes previous struggles for the […]
All Hell Could ‘Bullishly’ Break Lose For XRP As Pro-Ripple Attorney Sees An 18% Chance of SEC Settlement
Jeremy Hogan, a prominent attorney closely following the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), has predicted an 18% chance of the SEC settling its case against Ripple and the firm’s co-defendants. Sharing his insights on Twitter regarding the possible outcomes of the SEC v. Ripple case on […]
Berkshire Hathaway’s Charlie Munger Slams Bitcoin, Says Most Crypto Investments ‘Going to Zero’: Report
Investing veteran Charlie Munger of Berkshire Hathaway is reportedly saying most digital assets – including Bitcoin (BTC) – will ultimately go to zero. Speaking at Zoom’s Zoomtopia conference, Fortune reports that the 99-year-old vice chairman of Warren Buffett’s empire says that investing in crypto is stupid. “Don’t get me started on Bitcoins – that was […]
One Ethereum Rival Still ‘Altcoin of Choice’ for Institutions As Crypto Sees Biggest Inflows Since July: CoinShares
Digital assets manager CoinShares says that one Ethereum (ETH) rival is being favored by institutional investors as the crypto markets rake in their biggest inflows in months. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets took in inflows of $78 million last week, the second week of positive inflows […]