In the fast-paced world of cryptocurrency, meme coins have taken center stage, captivating investors and enthusiasts alike with their whimsical charm and potential for explosive growth. As we navigate through 2024, the landscape of meme coins brims with innovation and excitement, particularly with the emergence of new contenders. Among these, Shiba Inu stands out, alongside […]
United States Legislators Seek To Nullify Gary Gensler’s SAB 121
Several United States legislators look to repeal the Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) 121, making it harder for traditional firms to offer crypto custody services. In 2022, the SEC rolled out a new staff accounting bulletin requiring firms seeking to offer crypto services to hold assets on their balance sheet. This […]
Crypto Market Faces $130 Mln Liquidation: Opportunity Or Warning Sign For Next Week?
The recent crypto market liquidation data seemed to have sparked speculations in the market, especially amid a bullish momentum in the broader crypto market. Notably, recent data reveals a significant liquidation event in the crypto market, totaling $130 million within the past 24 hours. Meanwhile, this development has prompted questions about whether it signifies an […]
Crypto Prices Today May 9: Bitcoin Drops To $61K, ETH Dips, Cardano Breaches Market Trend
The top crypto prices today witnessed continued declines as the Bitcoin (BTC) price dropped lower than the $62,000 level. Furthermore, the Ethereum (ETH) extended below the $3,000 mark amid the bearish downturn. In addition, other top altcoins, such as Solana (SOL) also witnessed a plunge while XRP and Cardano (ADA) defied the trend. Major Crypto […]
XRP To Integrate With Key Ally Flare Networks, Here’s How
Despite the close association between Flare Networks and Ripple Labs Inc., the blockchain payments linked token XRP is not operational on the former, a situation that is poised to change soon. XRP to go Live on Flare Networks Co-founder and CEO of Flare Network Hugo Philion took to the X platform to reveal that XRP […]
Ripple Vs SEC: XRP Lawyer Reveals ODL Contract Terms & Potential Legal Impact
Amid the ongoing Ripple Vs. SEC legal battle, pro-XRP lawyer Bill Morgan has shed light on crucial details regarding Ripple’s On-Demand Liquidity (ODL) contracts. These revelations come as stakeholders seek clarity on the legal intricacies surrounding Ripple’s operations and the implications for the outcome of the lawsuit. Meanwhile, several legal experts, along with the Ripple executives, have expressed optimism […]
Ripple Moves 180 Mln XRP Igniting Curiosity, Price Dip Below $0.5?
XRP, a prominent cryptocurrency backed by Ripple Labs, birthed a hurricane of speculations across the broader crypto market on Monday, following a significant whale transaction and Ripple’s shifting of colossal amounts of XRP jotted within the global crypto realm. Blockchain metrics unveiled by the tracker Whale Alert illustrated a staggering 207.3 million XRP on the […]
Bitcoin (BTC) Mining Difficulty Resets, Can This Trigger Price Rebound?
Data from BTC.com shows there is a significant plunge in Bitcoin (BTC) mining difficulty. This new development caused the hash rate to drop by 5.63% to 83.15 trillion. The adjustment took place at a block height of 842,688, with the average hash rate coming in at 646.96 EH/s. Bitcoin Sees Increased Miners’ Activities Pre-halving The […]
Bitcoin’s Recent Price Surge Isn’t Enough to Sustain Crypto Markets
Bitcoin prices had been under pressure ever since the ETF approval had arrived. But just recently the prices of the OG-crypto currency have inched up to its $47,000 mark, sparking a positive sentiment among investors. However, Bloomberg in a report says that the Bitcoin price surge might not be enough for crypto markets to sustain. […]
Is This Crypto Bull Run Another Bubble?
The cryptocurrency market skyrocketed in prices this year with bulls projecting a bull run while critics say it could be a bubble. Both sides of the divide cite fluctuations in macroeconomic factors and crypto prices in the last five months. The crypto market is up this year after picking up from its previous bottom in […]