According to a press release today, Commerzbank, a Frankfurt-headquartered global bank, has obtained a crypto custody license in Germany. Following the development, the bank claims it is the first full-service German bank to obtain this license in the country under the German Banking Act (KWG) legal framework. Notably, the license will allow Commerzbank to offer…
The Bitcoin (BTC) price recently lost momentum, dropping below $36,000, as it charts a different path from the stock market which impressed investors amid lower-than-expected inflation figures. The poor performance in Bitcoin’s price stems from the waning enthusiasm around the BTC spot ETF pursuit. With the recently identified Bitcoin spot ETF’s narrow approval window closing,…
XRP Cafe, a prominent NFT project on the XRP ledger (XRPL), now ranks as the leading NFT marketplace regarding secondary sales volume on a 30-day scale. According to data from XRPL explorer Bithomp, XRP Cafe has led every other XRPL NFT project with a landslide margin concerning its 30-day transaction volume, particularly in secondary sales….
Versan Aljarrah, Host of the Black Swan Capitalist podcast, recently asserted that BlackRock aiming for an XRP ETF would make perfect sense, explaining the reason behind his sentiment. Recall that ruckus recently erupted following the discovery of an iShares XRP ETF supposedly filed by BlackRock in Delaware. However, certain industry commentators such as Bloomberg ETF…
In a recent tweet, Australian DNA Scientist Horace Drew contended that while XRP could make investors affluent, its primary purpose goes beyond that. In particular, Drew argued that people investing in XRP should not expect to become wealthy by merely holding the digital asset. According to the Scientist, “The purpose of XRP is not to…
Bloomberg’s ETF analyst Eric Balchunas reckons that the person or person behind the fake BlackRock iShares XRP Trust filing is in deep trouble. Earlier this week, the price of XRP surged and dumped in a crazy few hours after it appeared that BlackRock had filed for a spot ETF to track the crypto asset. However,…
Attorney Deaton speculates that Ripple could pay a fine lower than the amount it spent defending the SEC lawsuit. In the wake of Judge Analisa Torres’ recent order regarding the remedies phase of the SEC v. Ripple case, John Deaton speculated that the blockchain company would not pay up to $770 million in disgorgement. Judge…
Prominent market watcher EGRAG believes XRP needs to defend against a drop below $0.55, a level he dubs “Val Hell” gates, on its journey to the $1.98 territory. EGRAG disclosed this in a recent analysis of XRP’s movements, building on a previous post he made about the asset’s price action. In his previous analysis, the…
Shiba Inu (SHIB) price has bowed to bearish pressure but the current drawdown paints a generally bullish picture for the week. Shiba Inu is currently fighting for balance atop a market value of $0.000008492, down by 2.05%. The market cap is also down by 2% to $5,004,478,117 as trading volume slipped 14.56% to $177,393,491. Despite…
MetaMask has fixed a bug that prevented user transactions from going through on mobile devices. Popular Web3 wallet provider MetaMask has brought users’ attention to a major bug that primarily affected its mobile application. The bug prevented transactions from executing as expected and impacted users on different blockchains. The company did not disclose full details…