XRP, one of the most prominent cryptocurrencies by global market cap, birthed a hurricane of speculative buzz across the broader crypto market on Thursday following two noteworthy escrow locks and two significant whale transactions noted by the Ripple-backed token. On-chain data highlighted by the blockchain tracker Whale Alert suggests a staggering 867. 6 million XRP […]
Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1
Amid the post-halving volatility in Bitcoin, the altcoin market has showcased a consolidating trend with a slight bearish tone. ENA, the token of decentralized finance (DeFi) protocol Ethena, is reflecting this downswing by resonating within two downsloping trendlines of falling wedge patterns. However, this pattern is known for indicating the maturity of a downtrend indicating […]
Top 3 Altcoins To Buy Today February 2: Solana (SOL), Chainlink (LINK), Jupiter (JUP)
After retesting $42,000 support on Thursday, Bitcoin price steadied above $43,000 in both the European and US sessions, sustaining at least a 2% gain in 24 hours. Top altcoins to buy like Solana (SOL) and Chainlink (LINK) spearhead the recovery, likely to improve sentiment into the weekend. LINK rallied in double-digits, touching a 22-month high slightly above […]
Bitcoin ETF Outflows Surge to $161 Million Ahead of FOMC
A day before the scheduled FOMC meeting, Bitcoin ETF outflows surged all the way past $161 million, the highest this week, following a major correction on Wall Street. With this, the market has witnessed five consecutive days of outflows from the Bitcoin investment funds. U.S. Bitcoin ETF Excitement Drops Yesterday, on April 30, Bitcoin spot […]
Blockchain Hangs in the Balance as EV Market Dips
The blockchain market is currently riding on huge upside potential in the near term. The industry, which is expected to generate revenue of over $94.0 billion by the end of 2027, has catered to several sectors and customers. However, the downside to one of the biggest potential customers of the market could keep the growth […]
Breaking: Binance Burns 1.4 Billion Terra Luna Classic (LUNC) Tokens
The world’s largest crypto exchange Binance on Wednesday burned 1.4 billion Terra Luna Classic (LUNC) tokens in its 21st batch of the LUNC burn mechanism. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed over 57 billion. The burn numbers came in line with CoinGape estimates […]
Ripple Payments To Go Live In US Amid SEC Battle & Hack Fiasco
Ripple Payments is set to go live in the United States after 3 years of shunning itself from the region. The majority of the organization’s operations are based outside the U.S. owing to the ongoing legal battle with the Securities and Exchange Commission (SEC). However, according to a recent update, Ripple Payments is planning to […]
Casio Joins NFT Bandwagon Via Astar zkEVM Partnership
Casio, one of the world’s premier watch brands, has joined the race for Non-fungible tokens (NFTs) in collaboration with Astar zero-knowledge Ethereum Virtual Machine (zkEVM). The Casio watch NFTs is scheduled to go live on May 1. Casio Chooses NFT To Commemorate Its History According to the announcement, this new development is targeted at commemorating […]
Bitcoin to Likely Perform Well in 2024 as Market Turns Bullish: Report
After a skyrocketing growth in 2023, the Bitcoin market is set to make its ground firm this year. Despite range-bound trading and a waning hype of Spot ETF approval, analysts are still predicting the OG cryptocurrency to have a good year ahead. According to a report by TechFlow, the tracks for Bitcoin’s growth in 2024 […]
CFTC Appoints Dr. Ted Kaouk as First Chief AI Officer
The Commodity Futures Trading Commission (CFTC) has announced the appointment of Dr. Ted Kaouk as its first Chief Artificial Intelligence Officer. As Dr. Kaouk is now acting as the Chief Data Officer and Director of the Division of Data at the CFTC, he will broaden his duties to oversee the development and execution of the […]