SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, is launching a strategic research project with DSRV Labs, which will focus on the use of blockchain in the remittance and payment sectors. As part of the research, both firms will explore using the XRP Ledger (XRPL) for cross-border payments between the Japanese and […]
The Ethereum Foundation on Tuesday said it has officially started in-house staking and plans to stake 70,000 ETH in the coming weeks as part of its treasury policy. This sparks massive buying in the derivatives markets as open interest bounces. Ethereum Foundation Stakes 2016 ETH The Ethereum Foundation has begun staking a portion of its […]
Tom Lee’s BitMine disclosed today that it bought 51,162 ETH last week. The purchase, announced alongside updated treasury figures, came as Ether traded near $1,927 following recent volatility. The company said it acted because it views Ethereum’s fundamentals as strengthening despite recent price pressure. BitMine Lifts Ethereum Holdings to 4.42 Million According to the company […]
XIn the latest XRP price movement projection, a new report shows that the token may be set for another bullish run. The firm highlighted that the coin has seen its largest realized loss since 2022, which was a precedent to its rally at the time. XRP Price Could Be Set for Bullish Run, Santiment Says […]
The crypto market has dropped today, as its overall capitalization reduced by approximately 1.74% to 2.31 trillion. The decline was preceded by drop in Bitcoin price following sales by a top miner and market sentiment remaining in extreme fear zone. There was a decrease in altcoins prices, an indication of low capital rotation from Bitcoin […]
XRP recorded its largest realized losses since 2022 this week, according to on-chain data from Santiment released on February 21. Santiment reported a weekly realized loss of $1.93 billion, matching levels last seen 39 months ago. XRP’s Extreme Realized Losses As per Santiment data, XRP has posted its biggest on-chain realized loss spike since 2022. […]
In another XRP news, Ripple’s Asia partner SBI Holdings shared that it would be launching an offering that pays investors in its on-chain bonds with the Ripple coin. This comes as the firm looks to expand products tied to the altcoin. SBI Holdings to Offer XRP Rewards to On-Chain Bonds Investors In a recent release, […]
In the latest XRP News, trading of tokenized properties in Dubai is now live on the XRPL. This comes as Ctrl Alt and Dubai Land Department announced they had commenced the second phase of the project. XRP News: Phase Two of Dubai Tokenization Project Now Underway In a recent press release, Ctrl Alt and Dubai […]
Ethereum price is down today amid significant selling pressure, widening its YTD downfall to more than 45%. While some on-chain data hints at potential exhaustion of sellers, triggering buy-the-dip sentiment, but recovery will depend on broader market stability and upside momentum above $2,000. Ethereum Price Down amid Broader Crypto Market Selloffs and Bitcoin Weakness Today […]
BitMine today added more coins to its Ethereum holdings, as ETH staking crossed a major supply milestone. The accumulation comes as BitMine pushes toward holding 5% of Ethereum’s total supply, while staking contracts now lock up over half of all issued ETH. BitMine Steps Up Ethereum Buying Strategy According to Lookonchain data, Tom Lee’s Nasdaq-listed […]