Ripple CTO David Schwartz recently shared insights on how many meme coins on the XRP Ledger are directly impacted by XRP’s price fluctuations. Schwartz stated that the majority of these meme coins rely on automated market maker (AMM) liquidity pools. This setup causes their prices to move in tandem with
Binance CEO Richard Teng lauded Japan’s transparent regulatory framework and quick adoption of cryptocurrencies at an event in the host nation. Teng brought attention to the fact that 11 million people in Japan had crypto accounts last year. Addressing the Global Financial Technology Network Forum in Japan, Teng stressed the
Riot Platforms, a prominent Bitcoin mining firm, reported record-breaking financial results for 2024 due to a boost in mining income and smart acquisitions. The Nasdaq-listed business saw a 34% increase in overall revenue to $376.7 million in 2024 from $280 million the previous year, despite difficulties in the cryptocurrency mining
Leading crypto exchange Binance announced earlier today that it is going to delist several stablecoins. The major reason behind this update is the MiCA crypto regulation policy. Being the top crypto exchange by trading volume, this act will have a significant impact on the adoption of these stablecoins. As per
Pi Network’s PI token remains volatile, trading at $1.73 after a sharp decline from its all-time high. The token, which launched on February 20, initially surged 705% on its first day before climbing 1,458% to a peak of $2.98 within a week. However, heavy selling pressure has led to a
After escaping a bearish phase, the crypto market has gained 6.30%, with Bitcoin and Ethereum having posted modest gains. While Onyxcoin (XCN) stands out among altcoins with a 28.53% jump. XCN attempted a breakout rally and, despite challenges, has managed a strong recovery. Onyxcoin’s upside correction triggered it to reach
Dogwifhat (WIF) has seen a significant surge in the past 24 hours, climbing 25% to trade at $0.775. The memecoin has gained 22.15% over the past week, with its market capitalization now at $775.2 million and a 24-hour trading volume of $875.4 million. The memecoin listed among top gainers yesterday
Bitcoin surged to $95,043 on March 3 after U.S. President Donald Trump revealed plans for a strategic crypto reserve. The announcement fueled strong buying, pushing BTC up 8% during an unusual weekend rally. Currently, Bitcoin is trading at $91,821.69, reflecting a 6.97% gain in the past 24 hours. The total
Former U.S. President Donald Trump’s recent announcement of a U.S. Strategic Crypto Reserve has been contentious to the cryptocurrency fraternity. Despite the fact that Bitcoin’s inclusion was not surprising, the inclusion of XRP and other altcoins has not been welcomed, particularly from the vocal critic of Bitcoin, Peter Schiff. Schiff,
XRP has exploded in price, gaining 40% in two days, after U.S. President Donald Trump revealed plans to include XRP in the newly established U.S. Crypto Strategic Reserve alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA). The news sent XRP soaring past $3 before facing resistance, marking one
