XRP has seen a 5% decline in the past 24 hours and an 8% drop over the past week, currently trading at $2.19 after peaking above $2.90 earlier this month. Despite the pullback, Ripple’s market outlook remains buoyed by legal wins and institutional activity. Ripple is edging closer to resolving
Bitget Token (BGB), the native cryptocurrency of the popular centralized exchange Bitget, has been on an impressive rally, hitting an all-time high of $6.55. This surge has propelled BGB into the top 20 cryptocurrencies, reaching a market cap of $9.05 billion and securing the 19th spot in the rankings. Despite
The past few weeks have been difficult for many top DeFi altcoins as a correction wave swept through the entire crypto market. Although Ethereum (ETH) brought some hope with its most recent rally, the latest movements on the ETH charts are not encouraging. All eyes are now turned to a
The results of the election, according to leading crypto trading firms, have been a major reason for the dramatic rise in over-the-counter trading volumes throughout the last few months. Head of institutional at crypto exchange Kraken Tim Ogilvie told The Block, “Long story short, OTC is going gangbusters right now.”
Reportedly, after Donald Trump’s victory in the US presidential election in November, the number of South Korean crypto holders rose. The number of cryptocurrency users in South Korea rose by 610,000 in November, according to Yonhap News, a South Korean media organization that published the statistics on December 25. Democratic
The fact that Ethereum ETFs have surpassed the $2.5 billion mark suggests that Ether could be about to make a significant move. Based on statistics from Farside Investors, the total inflows into U.S. spot Ether ETFs reached $2.5 billion on December 24th, with the ETFs receiving $53 million in cumulative
Investors are paying close attention to the well-known dog-themed meme cryptocurrency, SHIB, because of the recent spike in the burn rate. Amidst recent ecosystem events, there has been considerable optimism around the meme coin. Due to recent burn statistics showing that millions of coins were removed from the token’s circulation.
Anton Siluanov, Russia’s Minister of Finance, acknowledged that the country is now prioritizing Bitcoin and other cryptocurrencies in its foreign commerce. In light of the new regulations, Russian companies are reportedly engaging in international commerce using Bitcoin and other digital currencies, as he recently said. Speculation in the market has
In response to encouraging legislative developments in other world-class jurisdictions, including Europe, Turkey passed new cryptocurrency regulations in the last week of 2024. According to a document published in the Official Gazette of the Republic of Turkey on December 25. Customers who conduct transactions over 15,000 Turkish liras ($425) would
Justin Sun, founder of Tron, has started transferring Ethereum (ETH) to his cryptocurrency trading platform HTX once again. The transactions were made by Justin Sun on Christmas Eve, coinciding with the price of Ethereum starting its rebound, according to data from analytics company Spot on Chain. According to the report
