Institutional adoption of Bitcoin may already be well underway as the leading U.S. derivatives exchange tops Binance for BTC futures contracts. Throughout the past decade of Bitcoin, one of the most widely anticipated events is the institutional adoption of the asset. However, that wait may be nearing its climax as institutions finally warm up to…
In just 24 hours, wallets connected to Ripple Labs moved millions of XRP on-chain, sparking new rounds of selloff fears in the community as XRP collapsed 6%. According to data from Whale Alert, at least three tranches of these transfers went on record, each valued at different amounts. Notably, Bitso and Bitstamp, two exchanges with…
A recent surge in the price of FTT has added $427 million to the purse of FTX and Alameda Research,… The post FTT Surges 200%, FTX Creditors Gain $427M But Can’t Cash Out first appeared on The Crypto Basic. #FTT #Surges #FTX #Creditors #Gain #427M #Cash
Cardano founder Charles Hoskinson has taken to X (formerly Twitter) to announce his latest mission, saying he is looking for an end to crypto winter. The Cardano boss shared a picture of him skiing. In the pics, Hoskinon is seen wearing a motorbike helmet with a good view of the sun. Looking for the end…
The XRP Army is pondering about XRP’s potential value in the coming bull season now that the digital asset has amassed increased support. 🚀 🚨 Remember when XRP soared 60,000% in 12 months, from $0.006 to $3.84? 🤔📈 That was pure speculation! Now, with stronger partnerships and real-world utility, the potential is staggering. 🌐✨ What’s…
Savy, a Bitcoin (BTC) analyst and crypto community influencer, recently argued that XRP died when it plummeted in 2018, citing its inability to break above a persistent 5-year trendline. The analyst presented his argument in a recent post on X. Data from an accompanying chart shows that a persistent white downward trendline has plagued XRP…
The SEC and Ripple have submitted a joint proposal for the next lawsuit phase, with pro-XRP lawyers reacting to the development. The United States Securities and Exchange Commission (SEC) and Ripple Labs have jointly submitted a letter to Judge Analisa Torres, proposing a schedule for the remedies briefing and discovery in their ongoing legal tussle….
Brad Garlinghouse, the Ripple CEO, has shed insight into why U.S. banking institutions have failed to adopt cryptocurrencies such as XRP despite the successive regulatory triumphs over the SEC. U.S. Banks Remain Skeptic Garlinghouse commented on the subject during the DC Fintech Week conference. The Ripple CEO highlighted that U.S. banks remain wary of engaging…
XRP could be on course for a substantial rally amid the gradual shift in market sentiments, as it recently printed a one-month candle pattern similar to the 2017 setup that eventually resulted in a 900% rally. Tony, a prominent Bitcoin (BTC) trader and founder of CoinChartist, first called attention to this pattern in a recent…
Crypto Eri, a recognized XRP influencer, has advised caution when discussing the potential Ripple initial public offering (IPO). In a recent tweet, Eri commented on the widespread discourse about Ripple’s potential IPO by comparing similar companies. She particularly examined the broader IPO sentiment within the financial market. When you hear people discuss Ripple IPO, comparisons…