Ethereum is under new sell pressure after a high-profile crypto trader sold his ETH assets to buy decentralized finance (DeFi) tokens. This action is happening at a time when ETH is trading flat around the psychological $3,000 price level. Why Is Hayes Moving Capital into DeFi? Arthur Hayes, co-founder of BitMEX, affirmed that he is […]
The leading crypto asset manager VanEck amends its Avalanche ETF with the U.S. Securities and Exchange Commission (SEC). The issuer reveals key details such as management fees as part of the final preparations ahead of launch. VanEck Amends its Avalanche ETF with the US SEC According to the latest US SEC filing, asset manager VanEck […]
Canary Capital amended its staked INJ ETF application with the U.S. Securities and Exchange Commission (SEC). The issuer has revealed significant changes to its prospectus to provide investors with regulated exposure to Injective and staking rewards. Canary Capital Updates Staked INJ ETF with the US SEC Canary made a first amendment to its S-1 form […]
Crypto newsletter founder Lark Davis has argued that the next decade could decisively favor LINK over XRP. This comes amid new developments from Chainlink and Ripple in boosting its ecosystem. Lark Davis Supports Chainlink on a Long-Term Basis Lark Davis gave his take on a discussion about these two ecosystems on a Rollup TV interview, […]
U.S. banks could soon begin applying to issue payment stablecoins after the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed approval framework. The move marks one of the first concrete regulatory steps to implement the GENIUS Act, a stablecoin law signed earlier this year. FDIC Sets Stablecoin Approval Path for Banks The FDIC board released […]
The Solana blockchain is going through a serious stress test due to having to resist a DDoS attack. In spite of this, the network has continued to operate without downtime. Solana Attack Fails as Network Withstands Stress Test For over a week, the SOL network has been under constant DDoS attacks, with the attack reaching […]
The crypto market falling this day due to Bitcoin, Ethereum and XRP losing their value. Bitcoin fell to nearly $85,700, which is over 3% drop. Ether dropped to less than $3,000 and XRP declined to approximately $1.89. What Caused The Crypto Market Liquidations Today? The selling pressure happened across the large-cap tokens. According to CoinMarketCap, […]
YoungHoon Kim, officially recognized as the world’s highest IQ holder, projected a $100 price target for the XRP token in the next five years. The crypto community has been interested on how he arrived at this projection. World’s Highest IQ Holder Backs XRP With $100 Forecast YoungHoon Kim recently said in a X post that […]
CNBC’s Ran Neuner has asserted that he would never consider investing in the XRP token. In his statements, he revealed that he would never be convinced by adoption to invest in the token, despite the rising adoption by institutions. Ran Neuner Reinforces Stand Against XRP Ran Neuner, the host of CNBC’s Crypto Trader, has again […]
Ripple Labs has given an authorization to VivoPower International to launch a $300 million investment fund. VivoPower will run the fund through a joint venture with the South Korean asset manager, Lean Ventures, increasing institutional access to Ripple’s equity. How Will VivoPower Access Ripple Labs Shares? The investment vehicle will be managed by Lean Ventures […]