In a significant development in the cryptocurrency space, Ripple’s Chief Technical Officer (CTO), David Schwartz, has thrown his weight behind the XRP Ledger (XRPL) in response to a recent post by global asset manager Franklin Templeton. Notably, Franklin Templeton’s X post suggests that the asset manager, managing over $1.5 trillion in assets, is open to […]

Spot Bitcoin Exchange-traded Funds (ETFs) recently received the SEC’s approval in the U.S., garnering enormous market attention. In contrast, the Monetary Authority of Singapore (MAS) has prohibited the listing of Spot Bitcoin ETFs for retail investors. The Singapore MAS cited the exclusion of cryptocurrencies like Bitcoin as eligible assets for ETFs. Why Will Singapore Never […]

While the Bitcoin price remains steady at around $42,500 levels, it turns out that the Bitcoin miners have been selling in huge numbers recently. One possible reason could be a sudden drop in the BTC hashrate thereby impacting miner profitability. Bitcoin Miners Sell Over 10,000 BTC In recent findings, crypto analyst Ali Martinez highlights a […]

Recent on-chain data orbiting TRON founder Justin Sun’s wallet address sparked immense curiosity among crypto market traders and investors globally as the address shifted seven digital assets in colossal amounts. As per the data unveiled by Spotonchain, a platform offering on-chain metrics, a wallet linked to Justin Sun accumulated these assets from Binance, the world’s […]

In a series of posts on X, the cryptocurrency community has raised concerns over Stripe’s stance towards Bitcoin (BTC) mining companies. Daniel Batten, the founder of CH4 Capital, took to the microblogging site to address Stripe directly, challenging the perception that Bitcoin mining is contrary to environmental, social, and governance (ESG) goals. Batten, in his open letter […]

The Bitcoin price continues to face strong selling pressure with a 7% fall over the last week and is currently hovering around the $42,750 level. The BTC price hasn’t given much movement despite the Bitcoin ETFs seeing strong inflows over the last week. Bitcoin’s Supply In Profit At Risk Levels Santiment, an on-chain data provider, […]

The crypto market saw massive retracement after the spot Bitcoin ETFs listings, with market cap tumbling back to $1.66 trillion from $1.82 trillion. Altcoins such as Ethereum rebounded amid Bitcoin dominance slipping below 50%. Bitcoin price has traded sideways near $42,500 throughout the week and traders look to accumulate below $40,000, but experts predict the […]

Thailand’s Office of the Securities and Exchange Commission (SEC) has lifted restrictions on digital token investments, ushering in a transformative era for crypto enthusiasts. Notably, the SEC’s latest press release, dated January 18, unveils updated criteria aimed at fostering a secure and vibrant digital asset landscape. Meanwhile, these regulatory changes, effective from January 16, 2024, […]

Which is a better coin for better and more beneficial investment, Cardano or XRP, is a never-ending debate amongst crypto enthusiasts.  Cardano and Ripple’s XRP both hold potential for investment in the cryptocurrency trading world, however, there are certain differences and risks involved in both, which one needs to understand before making any decision of […]

A lot has been happening in the spot Bitcoin ETF market within a week of its launch. Within the initial three days of going live on Wall Street, the Bitcoin ETFs clocked more than $10 billion in trading volumes. Bitwise Records $68 Million In Inflows In a recent statement, Bitwise CEO Hunter Horsley announced that […]