Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse
June 12, 2024 2 mins read
Bithumb, the second-largest cryptocurrency exchange in South Korea, has announced the launch of the Internet Computer Protocol (ICP) Korean Won (KRW) trading market to commence on June 12, 2024, at 20:00. The launch of the ICP-KRW trading pair is expected to provide more possibilities and facilitate liquidity in the market.
June 12, 2024 2 mins read
Binance Coin (BNB), the native token of the world’s largest crypto exchange, soared to a record high of $720 on June 6th. However, within a week, its value tumbled to $616, leading to a 7.13% decline over the past 24 hours. Moreover, BNB’s market capitalization surged to over $109 billion
June 11, 2024 1 min read
Digital asset investment products saw an inflow totaling $2 billion in the last week, bringing this recent 5-week of positive inflows to $ 4.3 billion. And trading volumes in exchange-traded products (ETPs) rose to $12.8 billion for the week, 55% up from the week prior, according to the recent report
June 10, 2024 2 mins read
Bitcoin has achieved its second-highest weekly close ever, with massive ETF inflows emerging as a major bullish catalyst amidst being stuck in a bearish trap. On June 7, the Bitcoin price surged to $71,833, its highest price since May 21. However, it failed to reach the $72,000 resistance level due
June 10, 2024 2 mins read
The Shiba Inu (SHIB) token has a notable surge in whale activity, with recent Lookonchain data indicating considerable investments by large holders. In the past 12 hours, nine wallets, including the two massive whales, have accumulated 1.356 trillion SHIB tokens at an average price of $0.00002596. This totaled an investment
June 8, 2024 2 mins read
Bitcoin bulls are struggling to sustain the price range between $ 69K-$71K range. The duel of bulls and bears fluctuates the BTC price but analyst predicts that sooner the asset may take up the bullish rally. The ignited record high of Bitcoin’s $94 trillion in global liquidity, that the worldwide
June 7, 2024 2 mins read
Ethereum price is struggling to maintain its bullish momentum. The $3K mark showed signs of recovery in early May 17. The leading altcoin’s bulls and bears are exhibiting a feud. During the time of writing, the token traded at $3,832.02, an increase of 0.56% in the past 24 hours. The
June 6, 2024 2 mins read
Juan Tacuri, a senior promoter of the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. The plea was entered before Judge Analisa Torres at the Southern District of New York (SDNY) court, and he is set to be sentenced in New York in September for
June 6, 2024 2 mins read
Crypto trading firm, DWF Labs has announced plans to purchase $12 million worth FLOKI tokens from the open market and the Floki treasury. This initiative will support the dog meme coin-turned-utility project’s growing ecosystem. This follows their previous commitment of $10 million worth token purchase in February, which caused a
June 4, 2024 2 mins read