VivoPower and Doppler Finance have announced plans to deploy $30 million in XRP as part of their treasury yield strategies. This also comes at a time when network activity of XRPL is surging. VivoPower and Doppler Finance Launch $30M XRP Initiative In a recent press release, Nasdaq-listed VivoPower has finalized an agreement with Doppler Finance […]
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have opened the door for spot crypto trading on U.S. regulated exchanges. In a joint staff statement, the agencies confirmed that registered platforms can facilitate trading of certain spot crypto asset products under existing law. SEC-CFTC Joint Statement Brings Clarity and […]
Pi Network has implemented a fresh reduction in mining rewards in a bid to boost token scarcity. This coincided with a massive 6.5 million Whale transfer to an exchange. This has led to speculation among investors about its purpose. Pi Network Slashes Mining Rate to Boost PScarcity In a recent post, The Times of Pi […]
Cardano founder Charles Hoskinson has revealed that he is currently working on a plan to integrate World Liberty Financial’s USD1 stablecoin into the network. The potential launch of the stablecoin on the network could provide a huge boost, considering how Cardano lags behind other major layer-1 networks in stablecoin development. Cardano Founder Eyes USD1 Stablecoin […]
PumpFun had over 1.3 million active addresses during August. However, users on the platform lost a total of $66 million, despite the high trading volume. PumpFun Traders Record $66M Loss Despite Increased Activity In a recent X post, Crypto researcher Defioasis highlighted that PumpFun created 595,000 new tokens in August. This helped the platform reclaim […]
The XRP community has remained bullish and supportive of the Ripple ecosystem amid the ongoing crypto market’s midterm uncertainty. On-chain data analysis shows Ripple whales have been purchasing more XRP coins during the past two weeks, even though the fear of further crypto capitulation remains palpable. XRP Whales Buys The Dip According to on-chain data […]
Ethereum (ETH) co-founder Joseph Lubin and Fundstrat’s Tom Lee share a bold vision for the network’s future, predicting its value could rise by 100 times. Lubin, who confirmed he is “100% aligned” with Lee’s bullish outlook, said Wall Street adoption will be a key driver of this massive rally. Lubin Sees Ethereum Flipping Bitcoin as […]
El Salvador’s Bitcoin office has announced that it redistrubuted nearly $678 million worth of its BTC holdings into multiple addresses. The move is in response to growing concerns about the potential threat posed by quantum computing to digital assets. El Salvador Moves to Secure Bitcoin Reserve In a recent X post by the country’s Bitcoin […]
Solana ETF proposals are advancing. Some firms have resubmitted S-1s with the U.S. SEC. Canary Capital, Franklin Templeton and VanEck all filed revised S-1s. This indicates that they are in constant discussions with regulators and that there is great interest in Solana-based ETFs. Updated Solana ETF Filing Includes Staking And Additional Custody Choices The most […]
China’s National Petroleum Corporation has announced plans to explore stablecoin as a new approach to cross-border settlement through its state-backed enterprises. This comes as Ripple’s RLUSD gains ground in Singapore, with the firm investing in stablecoin company Tazapay. PetroChina Eyes Stablecoins for Energy Trade PetroChina confirmed it is studying the feasibility of using stablecoins for […]