As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming more popular in the Latin American cross-border settlement corridor. Bitso, the biggest cryptocurrency platform in Latin America and a client of Ripple, has partnered with remittance service Felix Pago. To allow crypto-powered transfers between the United States and Mexico to
An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Crypto Winter. Six of the most significant cryptocurrency exchanges in the United States and Latin America have announced major layoffs
Santiment’s “strong and oversold” list also included Dogecoin. The meme coin’s value has fallen to levels last seen on April 25. In recent days, Dogecoin (DOGE) has been rocked by uncertainty surrounding billionaire Elon Musk’s purchase of Twitter. In the last week, the value of the dog-based meme currency dropped
Bitso, a Ripple and Coinbase-backed crypto exchange in Latin America, has hit 1 million registered users prior to its upcoming launch in Brazil. Bitso was officially launched in Mexico in 2014 through which users can buy, sell, or transfer crypto. As of now, it has raised over $4 million in
XRP has wrestled to regain its bullish momentum over the past few weeks. The asset failed to cross the crucial $0.55 resistance mark. In addition, Ripple Labs has been involved in a lengthy lawsuit with the SEC, but recent developments have rekindled community interest. Analysts are expecting a notable shift
The second-largest cryptocurrency exchange in the world based on trading volume, Bybit, is excited to announce the ongoing development and expansion of its ground-breaking liquid staking token, bbSOL. bbSOL, Bybit’s first Liquid Staking Token (LST), keeps providing users with an easy, safe option to stake SOL and get lucrative payouts.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce the successful completion of bbSOL’s first month, a significant milestone in the quest to improve token staking on the Solana blockchain. With its innovative marketing approach and smooth integration across centralized and decentralized platforms, bbSOL—the first exchange-backed liquid
Ripple recently sent a substantial amount of XRP tokens from its reserves to several different crypto wallets. The transaction, which involved approximately 150 million XRP worth around $66 million, has drawn attention from the crypto community, although it did not have an immediate impact on the price of XRP. Ripple’s
XRP, is one of the prominent altcoins, despite being one of the top cryptocurrencies by market cap. It has experienced a prolonged period of underperformance due to ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). This week also marked a bearish phase with a 7% decline. Currently,
XRP is now witnessing a surge in market activity due to large-scale whale transactions. 20 million XRP tokens, worth $12.6 million, were sent to Bybit by an unidentified sender. But that wasn’t the end of this whale’s play. Two further substantial transactions took place within a 12-hour timeframe. In the
