According to a recent announcement by Ripple, the XRP token has been approved by the Dubai Financial Services Authority (DFSA) as part of its virtual assets regime. According to the press release by Ripple, licensed enterprises in Dubai International Financial Centre (DIFC) may now include XRP into their virtual asset
Solana has shaken off the impact of fallen crypto exchange FTX’s bankruptcy to surge to its highest price of the year so far. After hitting a low of $18.25 in September, SOL has climbed over 70% to now trade above $41. Solana suffered disproportionately from FTX’s implosion last November, partly
The U.S SEC has issued a subpoena against payment processing behemoth PayPal in relation to its stablecoin pegged to the U.S. dollar. On November 2nd, PayPal publicly stated in its Q3 financial report with the SEC that it had received a subpoena from the SEC’s Enforcement division over its PYUSD
There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major
In October, Ethereum, the second-largest cryptocurrency, experienced a bullish run that extended into November, breaking through the $1800 resistance and reaching a three-month high of $1873 just hours ago. This surge has been a game-changer for Ethereum, which was in a prolonged bearish phase before taking a bullish break in
Things are starting to look up for XRP as the price continues its upward pace. For the last several weeks, the price has been rising. The XRP price has broken over the $0.6 level, as well as the 50-day and 200-day moving averages. In addition, the relative strength indicator has
Vitalik Buterin, co-founder of Ethereum, recently sent 100 ETH to Coinbase, according to the on-chain analytics platform Spot on Chain. Buterin continues sending Ethereum to Coinbase as this is not the first transfer so far this year. 🚨 @VitalikButerin deposited 100 $ETH ($181K) to #Coinbase ~2hrs ago. Notably, since Sep
Following Bitcoin’s recent climb, numerous altcoins witnessed a rapid gain, resulting in huge fluctuations in the crypto market. Solana (SOL) continued to show their resilience with higher moves despite the altcoin market entering a consolidation state lately. While this was taking place, Solana’s price continued to rise, and now sits
The crypto world has taken notice of Vitalik Buterin’s recent action of sending 100 ether (ETH) tokens to Coinbase. On November 1, Buterin sent about $181,000 worth of Ethereum to Coinbase. Given that Vitalik had earlier said he hadn’t sold any ETH for personal gain since 2018, this decision has
Co-founder Vitalik Buterin believes that Ethereum’s layer-2 ecosystem will continue to develop with new and interesting technical proposals. On his personal blog, Buterin laid out the present state of Ethereum’s scaling ecosystem, which includes various layer-2 protocols with varying approaches to delivering more scaling capacity, cheaper prices, and higher security.
