Bitcoin (BTC) traders are betting big on the crypto asset, with calls around the $60,000 strike price seeing a surge to a notional value of $642 million. Data from leading crypto derivatives trading platform Deribit confirms this metric, suggesting that market participants have demonstrated a remarkable increase in bullish interest toward Bitcoin on the back…
The price of Ethereum (ETH) has risen significantly in the past 24 hours, buoyed by optimism around the possible launch of an ETH-based ETF in the United States. The second-largest cryptocurrency by market cap is keeping up to pace with Bitcoin’s most recent rally. Ethereum surged over 8% in the past 24 hours, slightly ahead…
The crypto market is on a bullish resurgence, with Bitcoin blowing past $50,000, and XRP stands as one of the major performers. The market got a new lease of life as Bitcoin crossed the crucial $50,000 level. With the premier crypto and major altcoins exhibiting intense correlation, the growth has triggered a bullish altcoin run…
More whales have started accumulating Chainlink (LINK), a trend that coincides with a bullish uptick in the price of the token. The major drawdown in the market is gradually wearing off with the majority of altcoins, including LINK recouping some of their lost values since the start of the month. For LINK, the token is…
The initial February sentencing of Binance founder Changpeng Zhao (CZ) for U.S. money laundering rule violation has been rescheduled to April 30. A recent notice from the Seattle federal court captured this development as U.S. media CNBC disclosed. The notice failed to provide details on the reason for the two-month delay from the original sentencing…
Popular wallet provider Frontier announced it has now integrated support for the Shibarium network, unlocking the L2 for its wide user base of over 1 million customers. The Shibarium network has continued on its upward trajectory, with more wallets and exchanges adding support for the layer-2 blockchain. Non-custodial wallet provider Frontier is the latest to…
Shiba Inu has continued to succumb to the resistance around $0.00001 despite on-chain data showing remarkable growth in weekly active and newly registered addresses. As the broader crypto market enjoys a relief rally on the back of Bitcoin’s (BTC) rally above $50,000, investors have shown significant interest in Shiba Inu. Shiba Inu Active Addresses Surge…
Binance moved a significant amount of XRP across its wallets early Tuesday, a trend which could indicate significant customer demand as XRP price attempts a recovery. On-chain data shows that around 6:40 UTC on Tuesday, Binance made three large XRP transfers across its wallets. The exchange moved 20,634,685 XRP ($10.9 million), 21,235,383 XRP ($11.2 million),…
As the legal tussle between the SEC and Ripple reaches a fever pitch, top legal experts have dismissed new rumors about ongoing settlement talks. Since the lawsuit between the SEC and Ripple began in December 2020, several rumors have emerged about a potential settlement. However, these rumors have turned out to be false. Latest Settlement…
Panos Mekras, a blockchain advisor focused on the XRP Ledger (XRPL) and the founder of Anodos Finance, recently shared what he thinks is the only way the XRPL ecosystem could succeed. Mekras’ remarks come at a time when the XRPL community has continued to lament the slow growth of the blockchain ecosystem and the underperformance…