A prominent figure in the XRP community argues that XRP’s October prospects are uncertain, urging caution amid excessive hopes for the XRP moon. XRP still trades below the $0.5 market despite Bitcoin propping up the digital asset market in the last 24 hours, with some other tokens seeing notable gains. Amid XRP’s passive performance and…
Larry Fink, the CEO of BlackRock, the world’s largest asset manager with $9.4 trillion in assets, shared his thoughts on the recent increase in the price of Bitcoin following the false reports of the BTC ETF approval. The Blackrock CEO spoke to Fox Business on Monday, within hours of a rollercoaster ride that saw the…
XRP use cases continue to expand in blockchain services, as the asset now serves as a payment method for NFT purchases and gas for NFT trades on the Root Network. Eri, a notable XRP community figure, first highlighted this use case in a recent demonstration on X. Eri called attention to an NFT purchase she…
Ripple has issued what many crypto enthusiasts consider a preparatory step to an initial public offering (IPO). Ripple gave the hint via a recent hiring move. This development comes amid the growing anticipation for the San Francisco-based payment firm going public via an initial public offering. In particular, Ripple has posted a job opening for…
Popular cryptocurrency payment provider BitPay has announced that users can now buy and play games on Xsolla using XRP as a payment method. Xsolla, a video gaming startup, has become the latest merchant to accept XRP as a payment method, thanks to a new collaboration with BitPay. In a post today on X (formerly Twitter),…
EGRAG, a prominent market analyst, recently made a bullish case for XRP, projecting the asset to reach an ambitious $27 based on a complex web of several Elliott waves. EGRAG’s analysis revolves around two distinct wave patterns within XRP’s price history: a smaller pattern and a bigger pattern. Two small patterns and one bigger pattern have…
The company behind the TrueUSD (TUSD) stablecoin has informed customers of a major third-party security breach leading to the loss of substantial user data. Stablecoin issuer TrueUSD has confirmed a large-scale breach involving one of its former major service providers, TrueCoin. The hackers made away with substantial amounts of customer information, including email, location addresses,…
September marked a downtime for centralized exchanges (CEXs) as their combined spot trading volume fell 19.3% month-on-month, with $327,986,909,138 traded. According to the data insight shared by Colin Wu, the total traded spot volume on CEXs fell from $406,301,497,249 recorded in August. This shift saw a considerable drop due to a steep slump recorded by several individual…
The team behind Sharbi, a meme-themed cryptocurrency, is set to launch its native token, SHARBI, on Shiba Inu’s Layer-2 blockchain Shibarium. Notably, the launch of SHARBI on Shibarium will take place today, October 16, 2023, at exactly 21:00 (UTC). It is worth noting that SHARBI will make its debut on Shibarium by listing on Marswap,…
VeChain’s Q2 financial report shows a decline in treasury value from $380.4 million to $311.3 million amid the bear market. VeChain, the crypto project targeting the logistics market, has disclosed its financial statement for the year’s second quarter. The firm communicated the financial report via a post on its official blog on the Medium platform. …