XRP, a cryptocurrency backed by Ripple Labs, tailored a torrent of speculative buzz across the global crypto realm today, as its price showcased a highly volatile movement in the past 24 hours. Amid this heightened volatility, nearly 56 million coins shuffled by whales nabbed significant investor attention across the broader crypto market. XRP Whale Transactions: […]

The US Treasury has warned about Russia’s USDT use of illicit activities in its latest report. According to the report, the agency claims that to get around sanctions and keep funding its war machine, Russia is progressively using other payment methods, such as the stablecoin tether. Russia USDT Use Takes Limelight In a formal declaration […]

Only a few days after introducing the first Bitcoin ETF that targets 2x daily Bitcoin (BTC) returns, premier ETF provider and asset manager ProShares is now eyeing a similar spot Ethereum ETF. ProShares Making a Bold Ether ETF Play According to senior Bloomberg analyst Eric Balchunas, ProShares has applied to list 2x and -2x spot […]

U.S. Senator Thom Tillis (R-N.C.), with the 2024 presidential election fast approaching, has advocated for a “light” regulatory framework for the cryptocurrency industry, emphasizing the need to tread the line between fostering industry growth and preventing illicit financing. This statement was made during a recent Senate Banking Committee meeting, underscoring the increasing focus on cryptocurrency […]

Japan’s PM Kishida Fumio has said that he will try to improve AI collaboration between the US and Japan. According to local media reports, the prime minister of the country has said that he will try to bring the deflationary trend down, alongside focusing on the economy. Interestingly the statement comes at the same time […]

Over the years, the market has witnessed the rise of crypto assets as well as the Bitcoin (BTC) crash after several bull seasons. The fall of crypto prices is almost inevitable because of its volatility occasioning massive inflows and outflows.  Bull seasons are marked by heightened inflows into the market leading to a higher asset […]

With the Bitcoin Halving approaching right around the corner, market participants are expecting the supply crunch post-halving to keep a bull momentum in place. However, Marathon Digital CEO Fred Thiel believes that the highly anticipated halving will not likely have an impact on the price of Bitcoin. Bitcoin Halving Affects Likely Already in Place The […]

Peter Schiff, an acknowledged anti-crypto advocate, recently expressed his concern over Bitcoin ETFs. He adds that consumers will sue issuers with heavy losses despite risk disclosures. Schiff cites possible contradictions between private communications and public statements. Peter Schiff earlier called Bitcoin ETFs “speculative casinos” and doubted their sustainability. Even with his reservations, Bitcoin ETFs like […]

NVIDIA’s dominance in the Artificial Intelligence (AI) ecosystem is on the line as American multinational corporation and technology company Intel Corp has unveiled its new AI chip. Intel Lauds Gaudi 3’s Capabilities Over NVIDIA’s Alternative During its Vision event on April 9, Intel announced the coming launch of its semiconductor called Gaudi 3. Markedly, the […]

Fantom Foundation has announced that its first validator that utilizes Sonic technology is now live, marking a significant milestone for the Layer-1 scalable network. Fantom Sonic Built for Scalability The Fantom Sonic technology is designed to address the challenge associated with blockchain scalability. After some meticulous research, Fantom decided to build upon the foundation laid […]