XRPL Labs founder Wietse Wind has debunked claims of a potential rug involving Xumm (now Xaman) in an attempt to address a user’s concerns. An XRP community member raised these concerns on X to draw parallels between the defunct Bitcoin exchange Mt. Gox and Xumm (now Xaman). Recall that Mt. Gox shut down in February…
The crypto market in 2024 is characterized by a dynamic and strategic landscape, especially in the altcoin sector. Bitcoin (BTC) and Ethereum (ETH) continue to lead the market, laying the groundwork for a broader bull run. However, the real excitement lies in the altcoin market, where select tokens are expected to yield asymmetric returns. This…
As we step into 2024, the cryptocurrency world continues to evolve and expand, introducing new altcoins that bring innovation and unique functionalities to the market. This year, several altcoins have caught the attention of the crypto community, sparking discussions and speculations pondering the question “can these altcoins soar in 2024?”. This article delves into a…
Cardano (ADA) founder Charles Hoskinson has reacted to a bold projection suggesting ADA could lose its position in the top ten ranking of the most valuable cryptocurrencies. Bitcoin aficionado Eric Wall took to X to issue his prediction for what the year holds for the crypto scene. One of these predictions is ADA’s departure from…
Spot Bitcoin ETF issuers Invesco and Galaxy Digital are doubling down on their offering with a strategic fee slash. According to an official filing submitted to the United States Securities and Exchange Commission (SEC), the two parties involved have announced a reduction in the Sponsor Fee for the Invesco Galaxy Bitcoin ETF (BTCO) by 14…
Chainlink accumulation by large whales has been on the high side, as these addresses procure 57 million LINK tokens worth $855 million in 30 days. IntoTheBlock, a prominent on-chain data provider, spotlighted this impressive metric in a post on X today. This accumulation campaign prevailed despite the market turbulence that saw Chainlink lose some of…
The XRP community is now close to welcoming the long-awaited automated market maker (AMM) on XRP Ledger as more validators pledge to vote Yes to the XLS-30 amendment. Notably, this comes amid a new update to the XRP Ledger. Specifically, a new announcement on the official GitHub of the XRP Ledger Foundation confirms the release…
With Google updating its policy regarding crypto-related ads, BlackRock and VanEck have seized the opportunity to become the first asset managers to advertise Bitcoin spot ETFs. The competition in the Bitcoin spot exchange-traded fund (ETF) market has continued to gain momentum as top asset managers roll out different initiatives to control a large percentage of…
The Dogecoin network has seen a surge in the number of newly created addresses, potentially pointing to future price growth. The number of newly created addresses on the Dogecoin network hit a new high on January 29. According to data from IntoTheBlock shared by Ali Charts, users created 247,240 new Dogecoin addresses, surpassing the record…
Shiba Inu (SHIB) has returned to its winning ways after trailing the bullish sentiment in the broader crypto ecosystem in hopes of retesting its previous resistance zone at $0.00001. The change in trend in Shiba Inu’s price can be seen from the 3.29% surge in the past 24 hours, bringing the value to $0.000009333. Market…