crypto

Ethereum Large Transactions Jump 100% In 24 Hours, Will ETH Whales Drive Altcoin Season?

Ethereum Large Transactions Jump 100% In 24 Hours, Will ETH Whales Drive Altcoin Season?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum whales have started returning to the arena as the price has picked up once again. This return marks a turn for the digital asset, which has suffered from major sell-offs over the last few weeks. So far, they have more than […]

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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve

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Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert

Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Financial commentator Gary Cardone ignited a heated debate this week after he accused XRP of siding with authoritarian powers to stay relevant. His statements followed speculation that the European Central Bank (ECB) could use the XRP Ledger to power its upcoming digital

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Tron Booms With Fresh B in USDT, Yet Lending TVL Nosedives, What’s Next?

Tron Booms With Fresh $1B in USDT, Yet Lending TVL Nosedives, What’s Next?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing

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South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight

South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A South Korean lawmaker has introduced a comprehensive bill aimed at establishing a more structured regulatory environment for crypto assets in the country. The proposed legislation, known as the Digital Asset Basic Act, was announced Tuesday by Min Byeong-deok, a member of

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Bitcoin holding 0k psychological floor amid recent dip signals robust investor sentiment

Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment

On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7

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Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges

Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges

The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The

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Blockchain Group wins approval for B raise to execute aggressive Bitcoin acquisitions

Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions

The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a

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Malaysia’s Crypto Mining Boom Threatened By 0 Million Power Theft

Malaysia’s Crypto Mining Boom Threatened By $100 Million Power Theft

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Malaysia’s crypto miners are at a crossroads. A new study by the ACCESS Blockchain Association of Malaysia points to big gains ahead. But it also warns that illegal outfits are draining more than RM441 million from the power grid between 2020 and

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Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance

Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance

Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully

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