One developer, “0xIchigo,” behind Helius, a software company developing infrastructure for users to build on Solana, thinks Solana is winning the energy efficiency race. However, competing platforms, especially Ethereum, are here to stay. Ethereum Is Here To Stay, Solana Is Winning The Energy Efficiency Race Ethereum and Solana aim to serve the same user base, but the […]

The crypto industry has been subjected to false news yet again. Earlier this week, news broke that gaming giant Roblox has begun supporting XRP payments. However, the global gaming platform has publicly denied any claims that have made the rounds on social media. Roblox Rebuts Fake XRP Payment Support Claims Online gaming platform and gaming […]

In October 2023, EUR-denominated weekly spot volume on Binance, a top cryptocurrency exchange, fell to $160 million, an 88% drop from $1.3 billion recorded seven months earlier in March 2023. At this level, EUR trading volume on the besieged exchange is at a three-year low, pointing to how consequential the decision by regulators to crack down on […]

Among the countries across the globe vying for dominance in the evolving crypto market, the United Kingdom has recently made its mark. The recent influx in crypto activity in the UK, according to a study by Chainlaysis, comes in the wake of increased regulations targeting the digital currency and stablecoin sectors.  The study highlighted the UK’s soaring […]

In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. These charges come after a visit by local police to the exchange’s headquarters in the European country on June 16. Binance Faces French Probe French prosecutors initiated the investigation into Binance in June 2023, looking […]

Amid recent fake news that rattled the crypto community, the anticipation and excitement surrounding the potential approval of Bitcoin (BTC) spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) have not waned.  Adding to the growing optimism, Galaxy Digital CEO Mike Novogratz has provided further hope for the imminent approval of these […]

After surging above the $0.51 mark on Monday, the XRP price has been on a decline once more. This has seen the asset drop back below $0.49 as obvious selling pressure continues to mount on the altcoin. The major focus of holders has been on where this sell pressure is coming from and a number […]

Data shows that Ethereum billionaire-sized wallets now control almost one-third of the entire supply, the highest level since 2016. Ethereum Addresses With At Least 1 Million ETH Now Hold 32.3% Of Supply According to data from the on-chain analytics firm Santiment, the Ethereum whales with more than 1 million ETH have grown their holdings recently. […]

In a clear stand against the misuse of cryptocurrency for illicit activities, Coinbase, the largest US crypto exchange by volume, detailed its strategy to prevent the movement of digital assets to terrorist organizations, such as Hamas, amid increasing scrutiny from Israel and other global entities. This development further emphasizes the ongoing debate about the role […]

Pro-XRP legal expert John Deaton has come for the US Securities and Exchange Commission (SEC) following its comment relating to the false Spot Bitcoin ETF approval post that was made by the media outlet Cointelegraph.  Deaton Questions SEC’s Credibility  In a post shared on his X (formerly Twitter) platform, Deaton stated that he disagrees with […]

Bitcoin (BTC) enthusiasts and investors are keeping a watchful eye on the ever-volatile cryptocurrency market as the clock ticks closer to the highly anticipated halving event in April 2024. Benjamin Cowen, a well-known crypto analyst with a substantial following, has raised concerns about the potential for a significant price drop in Bitcoin before this upcoming […]

In an enlightening blog post published on October 17, 2023, XRPL Labs unraveled the intricacies of Xahau’s governance mechanism. Xahau, a sidechain project dedicated to enhancing the XRP Ledger (XRPL) ecosystem, is reportedly designed with a focus on smart contracts and a novel governance methodology referred to as the “Genesis Hook Governance Game.” Unpacking Xahau’s […]

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 17 with the cross-examination of FTX’s former Director of Engineering Nishad Singh. In continuation of what was said from the previous day, Singh provided more details as to SBF’s wrongdoings while being cross-examined by SBF’s lawyer, Mark […]

In a significant twist to the spot Bitcoin ETF saga, the US Securities and Exchange Commission (SEC) is seemingly intensifying its communication with applicants, a development that stands out in the long history of the Bitcoin ETF application process. This move comes on the heels of fake news regarding BlackRock’s Bitcoin ETF approval, adding to […]

Edward Snowden has cautioned the burgeoning crypto community against the potential pitfalls of a spot-based Bitcoin (BTC) exchange-traded fund (ETF).  His remarks, delivered during the recent Bitcoin Amsterdam 2023 event, illuminated a crucial debate within the realm of digital finance, emphasizing the delicate balance between mainstream adoption and the preservation of the alpha coin’s decentralized […]

Going by the events of October 16, when Bitcoin (BTC) prices temporarily spiked to over $30,000 before retracing on news that the United States Securities and Exchange Commission (SEC) had falsely approved the first Bitcoin Exchange Traded Fund (ETF), it is highly likely that the coin may rally to over $1 million with the total […]

Bitcoin is now above a certain historical on-chain metric, and if the asset can continue to hold here, a bullish trend might follow. Bitcoin Is Now Above The “Warm Supply” Realized Price As explained by an analyst in a post on X, BTC is now trading above the warm supply realized price. The “realized price” […]

One crypto analyst has come forward with another incredibly bullish price prediction for the XRP price. This time around, the analyst is going for the double-digit price level, putting the asset’s price at close to $30 at its peak. Elliot Wave Theory Predicts Over 5,000% Increase Crypto analyst Egrag Crypto is not new to making […]

In a year marked by regulatory scrutiny and enforcement actions against the crypto industry, the US Securities and Exchange Commission (SEC) shows no signs of slowing down.  The SEC’s Division of Examinations recently unveiled its 2024 priorities, signaling a potential tightening of regulations for crypto exchanges, firms, and cryptocurrencies falling under the SEC’s definition of […]