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Search Results for: crypto adoption

Binance Research Report Highlights Spot Crypto ETFs Trend and Domination

As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of

October 25, 2024 3 mins read

XRP Could Outshine Bitcoin: Crypto Developer Lists Key Advantages

Matt Hamilton, Senior Developer Advocate at Arbitrum and former Ripple developer, has sparked discussion in the cryptocurrency community with his detailed comparison of XRP and Bitcoin. His insights, recently highlighted by market pundit Mickle on X, present a compelling case for XRP’s potential to surpass Bitcoin in practical applications. While

October 24, 2024 2 mins read

Indian Government Debates a Crypto Ban to Emphasize CBDC

The cryptocurrency sector faces regulatory discrimination on a daily basis and combating them isn’t a novelty. However, certain huge shifts may take us by surprise at first sight. For instance, in July, the US SEC’s approval of the spot ETH ETFs was entirely unexpected until a week before the approval. 

October 23, 2024 2 mins read

Avalanche Adoption Rises to 24% Amidst AVAX Bearish Sentiment

Avalanche (AVAX) is currently trading at $26.64, reflecting a 3.5% decline over the past 24 hours and a 4% drop over the week. Trading volume has also decreased by 13%, indicating a lack of momentum. Despite these recent setbacks, AVAX is witnessing a new adoption rate of 23.5%, with a

October 23, 2024 2 mins read

Is Crypto Playing the Role of Cornerstone in the 2024 US Elections?

Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and

October 21, 2024 8 mins read
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