DeFi TVL is at its highest level in 20 months, and several blockchains and layer-2s are contributing to this upward trend. According to data from DefiLlama, Total value locked (TVL) across various protocols has just surpassed $69 billion for the first time since June 2022. This milestone marks a significant resurgence in DeFi activity across multiple...Read More
Shiba Inu – one of the most popular meme coins on the market – has seen some notable increases in important on-chain metrics of Shibarium. The latter is an L2 built on Ethereum designed to service the needs of the Shiba Inu ecosystem. According to on-chain data from Shibariumscan, the number of daily transactions has...Read More
The lawsuit between the United States Securities and Exchange Commission and Ripple Labs is approaching a decisive phase. Scheduled for April 23rd, 2024, the trial will resolve one of the longest-standing legal conflicts in the industry and also one that will most likely have a considerable impact on the entire field. Most Recent Ripple v....Read More
On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop. The Post-Mortem According...Read More
Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April....Read More
An Ethereum Virtual Machine (EVM) side chain of the XRP Ledger (XRPL) will reward chain validators with XRP tokens. That brings Ripple into decentralized finance or DeFi’s staking wars. Ripple Partner Peersyst Technology’s CEO recently confirmed in an interview that XRPL EVM side chain will reward validators in XRP tokens. XRPL Ethereum Chain Uses XRP...Read More
Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18. The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders...Read More
Solana has been the center of attention in the last seven days, spearheading most of the news headlines in the crypto community. First, the Solana network suffered an outage on Tuesday, shutting down for nearly five hours and sparking criticisms left and right. Shortly after, SOL skyrocketed to $105, and its ecosystem recorded $1.85B in...Read More
Cardano (ADA) has seen an uptick in trading activity, surging over 7% on Thursday and exchanging hands at $0.53. The blue-chip coin crossed the $0.53 mark twice in February after January was filled with tumultuous price action. Following this week’s surge, analysts on social media are discussing and speculating on the factors that could decide...Read More
Bitcoin (BTC) broke the $46,000 barrier after several weeks of consolidation, marking a multi-week high. This price increase hasn’t been seen since January 12, the day spot bitcoin exchange-traded funds (ETF) became a reality. The increase was attributed to heightened accumulation of BTC by large holders and new all-time highs in U.S. equity indices. Following...Read More
Ripple’s price has been trading within a relatively narrow range of around $0.50 for the past week, begging the question if there’s a massive move around the corner. From a technical perspective, there are two important metrics to keep an eye out for, but there’s also the fundamental side of things, so let’s have a...Read More
At the end of January, Ripple was hacked. To be more precise, according to official statements, it was Chris Larsen – the co-founder – who saw his wallets compromised. In fact, the company has made it clear that nothing within its system is jeopardized. According to the official confirmation by Larsen, they were “able to...Read More
One of the biggest crypto exchanges in the industry, Binance, delisted Monero (XMR), a popular privacy-focused coin, triggering a substantial price drop and trading volume right after the announcement. Shortly after, Monero reassured users that they would never compromise on privacy. The main reason for the delisting is likely that Monero uses stealth addresses, while...Read More
Popular trader and technical analyst CryptoCon shed light on Bitcoin’s historical patterns in a new analysis published on X, stating that BTC could retest $31.300 this year. Yet, the emergence of ETF inflows could counter further contraction. According to CryptoCon, there hasn’t been a single Bitcoin cycle that has “escaped a retest of the 150%...Read More
Ripple has been making moves, transferring millions of XRP to centralized exchanges and to other wallets. The company initiated three “whale” transfers flagged by a popular service that tracks large transactions. First things first, it’s important to outline that there’s been a development in the case between Ripple and the United States Securities and Exchange...Read More
A U.S. judge has ordered Ripple Labs to provide its historical financial statements, responding to a longstanding request from the Securities and Exchange Commission (SEC), according to court documents. SEC initiated legal action against Ripple over three years ago, accusing the company of conducting unregistered sales of its XRP cryptocurrency. Ripple to Disclose Financial Records...Read More
Bitcoin price may still be correcting as many predicted it would after the SEC approved several Bitcoin ETFs on Jan. 10. But the halving this year will exert its own influence over crypto exchange rates. After crashing 15% from the Jan. 10 price to on Jan. 22, Bitcoin (BTC) retraced to support above $42,500 for the...Read More
Shiba Inu continues achieving impressive milestones in regard to its layer-two scaling solution called Shibarium. The network has recently surpassed the impressive 3 million milestone in terms of blocks produced. Data from Shibariumscan reveals that a new block is added once every few seconds. The total addresses on the network currently stand at 1.3 million,...Read More
Crypto analyst Michaël van de Poppe says altcoin season is “now.” However, according to the MN Trading Consultancy CEO and founder, there are only three months left to make entries at value. The value-based investing and trading analyst with nearly 700K followers on X, wrote in a recent post, “Pretty clear that 3-8 months before...Read More
The topic of a potential Initial Public Offering by Ripple is not a new one. It’s been a heavily-discussed possibility amongst holders. Most recently, however, Brad Garlinghouse – the CEO of the company – made it clear that taking the company public was not a top priority. However, he also said that they had been...Read More
Not many cryptocurrency investors think of XRP as an Ethereum competitor. That would be blockchain coins like Solana, Cardano, BNB Coin for Binance Smart Chain (BSC), and Avalanche. Ripple Is A Real Ethereum Competitor XRP Ledger (XRPL), however, extends the RippleNet ecosystem. With it, the cross-border payments platform for easy foreign currency exchange and fast...Read More
Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP following the largest hack of 2024, which saw $112 million stolen from Ripple co-founder Chris Larsen’s personal wallet on January 31. Binance CEO Richard Teng announced the news on social media platform X, where he revealed that the exchange successfully froze the address of the...Read More
A trader has reportedly turned an initial investment of five Ethereum (ETH) into an impressive $3.3 million by strategically buying and selling the PORK token. The massive gain was accomplished through a well-timed investment in the recently launched PepeFork (PORK) cryptocurrency, according to analysts by Lookonchain. Trader Invests 5 ETH in PORK The trader initially...Read More
The Clawback feature, included in the latest XRP Ledger version 1.12.0 release, has received 80% approval from validators. By activating clawback, developers can reverse token transactions in specific scenarios like potential fraud or facilitate account recovery if the sender has lost their credentials. By default, the clawback feature is deactivated, but If the user decides...Read More
Bitcoin is barely pulling through the week as its price is clinging to $40,000. This marks its lowest level in seven weeks, prompting investors and analysts to discuss the next stop for the crypto asset. Despite the bearish sentiment propagating slowly in the crypto community, analysts and crypto investors remain positive on Bitcoin’s long-term value...Read More
Although Ripple’s price didn’t post the 150% profit that Bitcoin delivered investors in 2023, XRP still had a phenomenal year. Moreover, the protocol scored key legal victories against the SEC. Tokens for the multi-currency cross-border settlements protocol by Ripple Labs delivered 80% returns over the previous year, rallying from $0.348556 on Jan. 2, 2023, to $0.630082...Read More
The Ripple Labs token for fast cross-border settlement among financial institutions is a top 10 cryptocurrency by market capitalization. It was a top-five crypto until DeFi network Solana’s tokens (SOL) flipped XRP to this month. But Ripple may be showing signs of life again. Bullish Ripple Technical Indicator The XRP price chart shows markets tracing...Read More
XRP tokens, the native cryptocurrency for the cross-border Ripple Labs network, have traded sideways in a narrow band with support around $0.62 since mid-November. At the same time, SOL used the opportunity, surged by an impressive percentage, and surpassed XRP in terms of market cap ranking. Ripple’s Turn Next After Solana? But the XRP price...Read More
Ripple dominance, the measure of XRP’s market share by market capitalization in the competitive cryptocurrency segment, is flashing a warning signal this year. XRP Dominance Trends Lower XRP dominance is down 3.63% for the week, 18.83% over the past month, and 10.63% over the past six months. On the one-year window, Ripple’s percentage market share...Read More
Long-term XRP investors have shown remarkable patience and resilience as the SEC lawsuit winds down. After a string of victories against most of the SEC’s charges this year, Ripple Labs is still battling the regulator over how much of a financial penalty it should have to pay. Fmr. Goldman Head’s Lifetime Opportunity: XRP Real Vision...Read More
