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Search Results for: xrp

Top 5 Crypto ICOs to Watch in 2024: Potential for 50x Returns

Initial coin offerings are essential for blockchain projects looking to raise capital and enter new markets. The most appealing investments are shown by closely examining elements like project viability, market demand, fundraising performance, and community involvement. This overview unveils the top five ICOs poised to dominate in 2024. Featuring leading

August 9, 2024 4 mins read

Toncoin (TON) Price Surges After Binance Announces Token Listing

The overall crypto market showed modest declines in market cap and daily trading volume in the last 24 hours. Leading cryptocurrencies such as Bitcoin and Ethereum showed increased volatility in price activity over the past day. One of the leading altcoins, Toncoin, recorded significant upward movements after recent dips.  Notably,

August 8, 2024 2 mins read

Ripple Faces $125 Million Fine in Ongoing Lawsuit with U.S SEC

A court filing states that Ripple was fined $125 million as a result of its ongoing action with the U.S Securities and Exchange Commission (SEC). At the time of writing, XRP is trading at $0.6024, up 18.15% in the last 24 hours as per data from CMC. According to the

August 8, 2024 2 mins read

Ripple Announces Partnership with UAE’s DIFC Innovation Hub

US-based cryptocurrency firm Ripple announced a partnership with the Dubai International Financial Centre (DIFC) Innovation Hub. The partnership aims to promote blockchain and digital asset innovation in the UAE. The firm has made several advancements toward global expansion in the past few months.  According to Ripple’s press release, the DIFC

August 7, 2024 2 mins read

Why Does The Indian Community Feel Neglected by Government?

The Indian crypto community is facing turmoil following a major hack involving WazirX, one of the country’s largest centralized exchanges. The multi-signature wallet breach resulted in $230 million worth of assets being stolen. The recovery measures undertaken by WazirX have been widely deemed unsatisfactory, and the government’s lack of involvement

August 5, 2024 2 mins read

How Did Major Cryptos Bitcoin and Ethereum Crash Overnight?

In the last 24 hours, the cryptocurrency market faced a sharp downturn, with $901.67 million in long positions liquidated. The sell-off, which surged on Sunday, has stemmed to significant losses across major digital assets like Bitcoin (BTC) and Ethereum (ETH). Also, the decline has pushed the global market cap below

August 5, 2024 2 mins read

How Will Wormhole Price-In Post the Upcoming Token Unlocking?

The crypto market is anticipating potential bearish momentum as the current market dynamics stay on the borderline of the bearish zone. The tokens are fluctuating and settling back to their recent lows. Among them, the native token of the popular cross-chain bridge platform, Wormhole (W), has declined by 2.40% over

August 2, 2024 2 mins read

Ethereum Smart Money Wallet Accumulates ETH Amid Price Dips

Leading altcoin, Ethereum experienced the spotlight with the launch of its spot ETH ETFs in July. The token was expected to rally with price breakouts, but contrary to market expectations, ETH did not show notable surges. In the last 24 hours, a smart money wallet, known for its 100% win

August 2, 2024 2 mins read

Avalanche’s Downward Spiral: AVAX Faces Headwinds Amidst Market Slump

Avalanche (AVAX) finds itself caught in a downward spiral. The digital asset has shed a quarter of its value in the final days of July, plummeting below the crucial $25 threshold. This stark decline comes at a time when the broader crypto ecosystem is grappling with a mix of bullish

August 2, 2024 2 mins read

USDT Issuer Tether Reports Record Profit in Q2 2024

The report for the second quarter (Q2) of this year has been issued by Tether Holdings Ltd, the issuer of USDT stablecoin. The company claimed a substantial increase in its earnings base in addition to retaining its quarterly supremacy. The USDT issuer announced a significant profit of $5.2 billion for

August 1, 2024 2 mins read