Ripple has kicked off beta testing for its new dollar-pegged stablecoin, Ripple USD (RLUSD), on the XRP Ledger and the Ethereum (ETH) mainnet. The San Francisco payments company notes Ripple USD is not yet available for purchase and is still subject to regulatory approval. The firm says the stablecoin will be fully backed by cash […]
[PRESS RELEASE – Willemstad, Curacao, August 10th, 2024] Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, […]
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed that the 12 spot bitcoin ETFs collectively saw $89.73 million in outflows on Friday, […]
Nigerian crypto activist and politician James Otudor has received support from the local cryptocurrency community in his legal battle to secure the …
Shiba Inu representative has published important statement addressing crypto community
Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline, plummeting by 38%, dropping from $0.1348 to a low of $0.0831. However, DOGE has demonstrated resilience in the face of these […]
XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest
Coinbase is stirring up the crypto market with its latest announcement to include ZetaChain and Across Protocol on its listing roadmap. Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. Across is an Optimistic-based cross-chain […]
Two top-100 altcoins defied the crypto market downtick and witnessed big gains this week amid new fundamental developments. The decentralized Internet of Things (IoT) network Helium (HNT) announced on Friday that “two large US carriers” kicked off tests to unload their traffic onto the Helium MOBILE Network. MOBILE is a Solana-based (SOL) decentralized wireless provider […]
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes that may address past criticism and privacy issues. This new version, reportedly set to be partially implemented in 2025, removes several contentious elements from earlier drafts. IRS Revamps Crypto Reporting Form On Aug. 8, 2024, […]
The conference in June 2024 focused on financial intermediation, particularly the growing field of cryptocurrency. “We personally invited leading …
TL;DR Innovative PoW Blockchain: Kaspa stands out with its GhostDAG protocol, high block rate, and diminishing emissions, ensuring secure and fast transactions. Strong Tokenomics: With a fixed supply of 28.7 billion coins and 95% in circulation by 2026, Kaspa’s decreasing emission rate makes KAS attractive for long-term holders. Impressive Market Performance: Kaspa’s price has surged […]
Do you want to know what Dymension is? In this article we are going to tell you everything you need to know about this platform that is revolutionizing the way in which new blockchain applications are created. Since its creation, Dymension has attracted the attention of developers from all over the world for the incredible […]
Another week went by, which began with massive volatility, and the spot Bitcoin and Ethereum ETFs were once again in the spotlight. Here’s the data regarding the inflows and outflows for the past five days, according to Farside. Bitcoin ETFs in the Red Last week ended on a highly negative point as the spot Bitcoin […]
Ethereum reveals crucial support amid death cross formation
On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC price had slipped below the […]
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus customers. In a letter to the banking giant obtained by Fortune, Democratic Senators Elizabeth Warren and Chris Van Hollen blast the bank’s flirtations with fee hikes, including charges for basic checking accounts and services. “Will […]
The crypto market has been on a rollercoaster ride this year. However, some analysts believe that select altcoins are poised for substantial growth in the coming months. In a new report, top industry experts have identified three cryptocurrencies –– Solana (SOL), RCO Finance (RCOF), and Dogecoin (DOGE) –– that they expect to deliver double-digit gains […]
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over 20% against the leading cryptocurrency, while solana has gained more than 5%. Solana, Ethereum, and Bitcoin — Dominance Competition Heats Up Among Crypto Giants In […]
The Bitcoin logo appears on the display screen of a cryptocurrency ATM at the Smoker's Choice store, Tuesday, Feb. 9, 2021, in Salem, N.H. (AP …
The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale […]
According to the report, all parties involved have agreed to settle the charges without admitting or denying the SEC’s findings
Michael Nadeau, seasoned crypto analyst and The DeFi Report founder, indicates most crucial bullish theses right now
Layer-1 blockchain The Open Network (TON) is surging by more than 13% in 24 hours after suddenly gaining support from the world’s largest crypto exchange by volume. Toncoin is trading at $6.22 at time of writing, up from $5.44 a day ago. In a new announcement, Binance says its listing TON with a seed tag, […]
The Commodity Futures Trading Commission (CFTC) has awarded over $1 million to a crypto whistleblower. According to an August 8 press release, the whistleblower’s information enabled the CFTC to bring an enforcement action related to improper trading in digital asset markets. Whistleblower’s Tip Uncovers Hidden Improper Trading “Identifying unlawful conduct in the digital asset marketplace […]
DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ significant influence and the challenges […]
Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an undisclosed price. The acquisition is expected to help Pip users develop practical risk assessment and trading skills. The deal sees Stockrise join Pip’s social games ecosystem, which includes the immersive trading strategy simulator game Pip Trader. Boosting […]
Introduction: From Meme to Market. Dogecoin began as a parody but has grown into a significant player in the cryptocurrency market. Initially intended …
This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied […]
Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match.
HodlX Guest Post Submit Your Post Web 3.0, the third iteration of the internet, came into the technology limelight with a unique offering – decentralization and user control. For decades, the internet has assumed a typical hierarchy, with centralized infrastructure providers at the top of the food chain, and users at the lowest ladder rung. […]