The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well
After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto
Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
Ripple’s XRP finds itself navigating turbulent waters following the Securities and Exchange Commission’s (SEC) appeal against a federal ruling that had previously classified XRP tokens as non-security assets. This legal development has dealt a major blow to the cryptocurrency, effectively erasing its gains from the previous month and resetting the
Binance Coin (BNB) finds itself navigating turbulent waters as its price experiences an 8% decline over the past seven days. This downturn, occurring despite the recent hype surrounding Binance founder Changpeng Zhao’s release, has sparked concerns among investors and traders alike. Technical indicators paint a grim picture, suggesting that the
The expected impetus of ‘Uptober’ has not yet materialized, despite investors’ clinging expectations for a positive surge going into 2025. After a short upswing in September, investors’ hopes were dashed as Bitcoin’s value plummeted to $60,000, causing altcoins to follow suit and leading to widespread market losses. Cryptocurrency prices have
An XRP Spot ETF has been proposed by Bitwise Asset Management, a cryptocurrency fund manager based in the United States. This is seen by Ripple advocates as a major step forward. The SEC has accused Ripple of generating $1.3 billion via unregistered XRP transactions. And the firm has been involved
The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent. Brad Garlinghouse, CEO
Six Solana-based protocols now have more than $1 billion in TVL, which is a first since Solana started. For the layer-1 blockchain network, DefiLlama data shows that five protocols—Jito, Kamino, Jupiter, Raydium, Marinade, and Sanctum—exceeded $1 billion. As retail adoption increased, crypto community users praised SOL chain features like Blinks
With $3.04 million active addresses per day, Solana is at the top of the list. This statistic sheds light on how active the networks’ users are. The network has gained a lot of attention this year, especially during the meme coin craze, which has increased the number of users. New
