Tom Lee’s Bitmine has continued its aggressive bets on Ethereum, as evidenced by the recent accumulation of 71,672 ETH, worth $153.66 million. This hefty purchase highlights the sustained confidence of the Ethereum treasury firm in the second-largest crypto by market cap, despite the recent volatility. In addition, the recent dip in Ethereum (ETH) price to […]
In today’s big XRP news, Ripple has officially released a major upgrade to XRP Ledger (XRPL). The major upgrade introduces significant fixes to NFTs, permissioned domains, vaults, and the Lending protocol, boosting network stability and security. Community Eyes Major XRPL Ledger (XRPL) 3.1.3 Upgrade According to the XRPL blog, Ripple developers announced the rippled version […]
Grayscale Investments has advanced its plans to launch a spot BNB ETF available in the U.S. For this, it filed a second amended S-1 registration statement with the U.S. Securities and Exchange Commission. Grayscale Submits Updated S-1 For BNB ETF The new filing is part of the asset manager’s attempts to launch a regulated investment […]
THORChain, a decentralized cross-chain liquidity protocol, has paused trading after blockchain security researchers flagged an exploit worth over $10 million. The protocol has reportedly suffered an exploit across Bitcoin, Ethereum, BSC and Base. As a result, RUNE price crashed 12% in a few hours. THORChain Hit By $10M Crypto Losses in Exploit On-chain investigator ZachXBT […]
Marex Group, a Nasdaq-listed diversified financial services firm, has revealed a massive XRP exposure, becoming the 3rd-largest XRP ETF holder. The firm also disclosed substantial crypto holdings and added more Strategy (MSTR) stocks to its investment portfolio. Marex Group Reveals Massive XRP ETF Holdings In a 13F filing with the US SEC, Marex Group PLC […]
Ripple CEO Brad Garlinghouse sparked speculations within the community, stating what makes XRP “unique” as compared to Bitcoin, Ethereum, and other cryptocurrencies. Prices jumped slightly as investors responded to Garlinghouse’s comments as demand grows from tradFi institutions. What Makes XRP Unique? Ripple CEO Brad Garlinghouse Explains During his second Crypto in a Minute feature, Brad […]
In significant XRP news today, Senator Elizabeth Warren submits more than 40 amendments to the CLARITY Act, with one to block the Fed from issuing master accounts to crypto companies, including Ripple. This move comes just ahead of Thursday’s markup vote in the Senate Banking Committee. Anti-crypto Warren leads banking industry’s push against stablecoin yield […]
The US stock market and global crypto market are facing renewed selling pressure as Wall Street anticipates hotter-than-expected U.S. CPI inflation data today. JPMorgan, Morgan Stanley, Citigroup, and other major banks warn that a higher inflation reading could reinforce a “higher for longer” Fed rate environment, weighing on Bitcoin, Ethereum (ETH), and XRP. US CPI […]
Fed rate cut odds plunge as the US Senate advances President Trump’s nominee Kevin Warsh closer to confirmation as the next Fed Chair. Bitcoin and gold erase gains as Warsh could replace Jerome Powell following final confirmation votes this week. Meanwhile, inflation is rising amid elevated oil prices as Trump said the US-Iran ceasefire is […]
SUI crypto price has been on the investors’ radar, as evidenced by the robust surge in the crypto’s price recently. Over the past week, the crypto has added nearly 40%, suggesting the soaring confidence of the investors towards the asset. Meanwhile, a flurry of factors might have helped gains in the token’s price, including […]