The XRP army finally got the news it had been waiting for over four years yesterday when Ripple CEO Brad Garlinghouse announced that the US SEC would drop its legal case against the company. Although this sounds like good news for everyone on the Ripple side, could it actually mean it’s time to short XRP? […]
Is It Actually Time to Short Ripple (XRP)? Read More »
Spanish police dismantled a criminal gang behind a fraudulent cryptocurrency pyramid scheme that defrauded over 3,600 victims of more than $32 million. Fake Bitcoin Investment Platform Spanish law enforcement recently busted a criminal gang behind a fake cryptocurrency pyramid scheme that fleeced more than $32 million from over 3,600 victims. According to a report, the
Spanish Police Bust $32 Million Crypto Pyramid Scheme Read More »
David Sacks, AI and czar for the White House, has criticized the media for what he described as an unfair portrayal of his decision to liquidate his digital asset holdings. He clarified that the move was not a reflection of lost confidence in digital assets but a necessary step to comply with government ethics rules.
David Sacks Defends Crypto Divestment Against Media Criticism Read More »
The price of Raydium’s RAY token shot up 28% after reports emerged that the Solana-based decentralized exchange (DEX) was planning to launch a rival meme coin platform, LaunchLab, to compete with Pump.fun. It follows rumors that Pump.fun is testing its own automated market maker (AMM), potentially threatening the exchange’s revenue stream. The Battle for Solana’s
RAY Surges 28% as Raydium Unveils Meme Coin Launchpad Read More »
Binance has maintained a reserve ratio above 100% for 29 consecutive months despite rumors of the crypto exchange selling off a significant portion of its Bitcoin reserve, according to blockchain analytics firm CryptoQuant. The reserve ratio is a key metric that shows whether an exchange holds enough assets to match customer balances. A ratio above
Binance Maintains Over 100% Reserves for 29 Straight Months Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Xapo Bank is the latest in a string of financial institutions that have introduced Bitcoin-backed loans for its customers. This is yet another good indication that the world is warming towards accepting cryptocurrency as a genuine asset. A Bitcoin-backed loan provides access
Bitcoin-Backed Loans Good For Altcoins Like Best Wallet Token Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite once being a disbeliever in new cryptocurrency, the State Senator for Minnesota, Jeremy Miller, has had a change of heart and introduced the ‘Minnesota Bitcoin Act’ yesterday – perhaps over fears of being left behind. ‘As I do more research on
New Cryptocurrency Thrives Amid Minnesota Bitcoin Act & 39 Proposed Bitcoin Reserves Read More »
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to the country’s foreign exchange reserves. Responding
Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns Read More »
The past 48 hours saw quite a few interesting developments, and in the following section, we will summarize the most important Ripple (XRP) news from that period. Ripple Mints $25 Million Worth of RLUSD As CryptoPotato reported, Ripple minted a whopping 15% of RLUSD’s total supply (roughly $25 million coins) in one go earlier this week. This
Ripple (XRP) News March 19th: Here’s What Happened Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) acting chair revealed that the agency is reviewing its rulemaking process and will revisit a controversial rule on crypto custody requirements for investment advisers proposed during the Biden administration. Crypto Custody Rule Proposal Could Be
SEC To Review Proposed Crypto Custody Rule Amid New Era Read More »
