Data from the prominent analytic platform Santiment has shown that at least 79.9% of all XRP tokens are being held at a profit. In a recent update on X, crypto market intelligence platform Santiment disclosed the profitability ratio of the entire circulating supplies of the most prominent digital assets. In particular, the update captured the…
The Shiba Inu ecosystem team has taken to the X platform to extend its warm wishes to SHIB community members to commemorate the Lunar New Year. In a tweet yesterday, the team wished SHIB holders a “Happy Lunar New Year.” The team also highlighted its vision to make the new season the most prosperous year…
Are you on the hunt for the next big investment this February? If not, you should be, February has historically proven to be one of the more bullish months alongside April, May, and October. While traditional cryptocurrencies once offered a safer bet due to their lower volatility, the situation changed significantly. Altcoins have leveled up…
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As we enter February 2024, the world of cryptocurrencies is buzzing with a broad mix of altcoins catching the eye of enthusiasts. The crypto world is in a perpetual state of change, brimming with new technologies and ideas, creating a landscape of discoveries for those interested in the latest developments. Among the new coins, we…
The U.S. SEC has exhibited significant inconsistencies in classifying crypto tokens in various court sessions, particularly evident during hearings involving Binance and Coinbase. Prominent attorney James Murphy, also known as MetaLawMan, recently brought public attention to these inconsistencies through a recent post on X. Crypto is and Not Security The first instance Murphy cited was…
Bitcoin Open Interest has soared to a 22-month high, coinciding with latest recovery push that has triggered a price surge above the $47,000 mark. The Bitcoin ecosystem is bullish at this time with multiple metrics indicating the possibility of a trend change. According to insights from CryptoQuant Community Manager, Maartunn, the Bitcoin Open Interest has…
Ripple CLO thinks it would be difficult for Gary Gensler to get a job outside the SEC, given the negative reputation the securities regulator has built for himself over the years. In a tweet today, Stuart Alderoty, Ripple’s chief legal officer (CLO), slammed SEC Chair Gary Gensler following his remarks during a recent interview. Gensler…
Binance, the world’s largest cryptocurrency exchange, has reclaimed its top spot in Bitcoin (BTC) futures open interest (OI), towering over the Chicago Mercantile Exchange (CME). Recall that CME, the world’s biggest futures and options exchange catering to traditional institutional players, surpassed Binance last November to secure the top spot among exchanges with the highest Bitcoin…
The Ethereum Mainnet is set to undergo a major upgrade that will potentially make transactions on layer-2 networks faster and cheaper. Ethereum developers revealed this week that the next major upgrade to the network, dubbed Dencun, is set to go live on March 13, 2024. The provided timeline comes after a lengthy period of testing…