BitMine Immersion Technologies, led by Tom Lee, has purchased 35,268 Ethereum throughout the previous week, further expanding its Ethereum treasury. This comes as staking transactions hit a new all-time high within the Ethereum network. Bitmine Increases Its Ethereum Treasury According to the press release, the company has total holdings of over 4.2 million ETH. Its […]
XRP fails to hold the recent rally above $2.35 and looks to move back towards $1.85 after breaking multiple support levels. The price dropping below $2 triggered a major structural shift as the level serves as a major psychological zone for Ripple holders, according to a leading on-chain analytics platform. XRP Structure Resembles 2022 Pattern: […]
Ethereum treasury company BitMine has faced some criticism over its $200 million investment in MrBeast’s Beast Industries earlier this week. This comes amid Billionaire investor Chamath Palihapitiya’s revelation of his stake in the company. Meanwhile, the chairman of the ETH treasury company, Tom Lee, has again explained why investing in MrBeast’s company is a good […]
In the latest XRP News, Ripple has partnered with UC Berkley in a bid to boost institutional use of the XRPL on the academic front. The firm’s university blockchain research team launched a new initiative called the Digital Asset Xcelerator (UDAX). Ripple and UC Berkley Debuts UDAX on XRP Ledger In a recent press release, […]
Ripple’s native token is currently facing a significant downturn as XRP whales are staying less active on the Binance exchange. Data from XRP Ledger (XRPL) indicates that large transfers to the exchange have fallen to their lowest level since 2021. Although this signals a reduced selling pressure, the XRP price is plummeting to a three-day […]
Ripple traded lower on Thursday but stayed above the $2.08 support level at the time of writing. The wider crypto market also softened after a bullish start to the week. The move came as Ripple confirmed a major institutional partnership tied to RLUSD. Ripple commits $150M in LMAX partnership According to a press release, LMAX […]
The Seeker team has unveiled its SKR token distribution plan as its allocation tracker goes live. They have confirmed that in excess of 1.8 billion tokens are to be dispensed in the Solana ecosystem airdrop. Solana Airdrop Tracker Goes Live Ahead of January Distribution Solana Mobile has just rolled out an update via X, indicating […]
The investigation into Zcash Foundation have been halted by the U.S. Securities and Exchange Commission (SEC), and has not taken any additional steps. Importantly, the ruling removes a key regulatory pressure on one of the biggest privacy tokens in the crypto space. How Does The SEC Probe End Affect Zcash According to a post from […]
The XRP price is back in the spotlight today, becoming one of the top gainers of the day. In line with the broader crypto market rally, Ripple’s native token has posted significant gains, sparking widespread optimism. After weeks of ups and downs, the cryptocurrency has regained momentum, driven by a combination of factors. These include […]
Monero (XMR) has continued with its performance as it reclaims its position as the leading privacy currency over Zcash. This happened only after a day when the UAE banned this type of currency from being part of their financial market. Monero Surges As UAE Makes Privacy Coin Illegal The XMR token has taken its place […]