Brad Garlinghouse, the CEO of Ripple, and Chris Larsen, the executive chairman, have notified the court that they would be out of the office for two weeks in April. This choice was made in accordance with the court’s instructions on the final pretrial meeting time and date and the final order. Notably, the Ripple executives...Read More
While many believe the 2022 bear market is over, bitcoin recently dumped further south, and now some analysts are speculating that the asset could fall to lows unseen for years. The metrics that could forecast this are the Volume Weighted Average Price (VWAP) and the Volume Profile Visible Range (VPVR). Recall that BTC became the...Read More
XRP and SHIB whales are inducing ripples in the crypto market, with massive new token purchases igniting speculations of potential price actions in these assets. Data from Whale Alerts reveals a string of significant transactions involving trillions of SHIB moving between wallets. On Aug. 21, an investor and holder of wallet 0xc684d6c5 purchased 4,653,778,173,637 SHIB...Read More
As revealed by Lookonchain, a mysterious user of the decentralized perpetual exchange GMX raked in approximately $1,000,000 after the crypto market crashed in mid-August since they shorted Ethereum at a high price a month ago. The trader opened the short position on July 14, when ETH was worth around $2,000 (per CoinGecko’s data), and closed...Read More
Lookonchain revealed that Andrew Kang (Co-Founder of the crypto-focused venture capital firm Mechanism Capital) lost over $430,000 in a single day after the recent crash of the digital asset market liquidated his long positions. Kang’s positions opened on August 18 included Bitcoin (BTC), Ethereum (ETH), and Arbitrum (ARB), as he traded with up to 100x...Read More
On Aug. 20, Shibarium, the company behind the popular Shiba Inu cryptocurrency, released an important update on their ongoing development efforts. In a recent blog post, the Shibarium team provided insights into the current status of their blockchain and the steps they are taking to optimize its performance, aiming for a secure public re-launch. Shytoshi...Read More
Ripple’s XRP went through a major crash during the past 24 hours following the broader market downturn, which resulted in over $1 billion worth of leveraged positions being liquidated. While there might be multiple reasons behind the crash, there might also be some silver lining for XRP traders as a new exchange has added an...Read More
Shiba Inu (SHIB), Pepe (PEPE), and Bone Shibaswap (BONE) are among the top five trending coins in the market today. Interestingly, none of them is making the headlines for a good reason. Data from CoinMarketCap indicates the three meme coins are currently all in the red. BONE is down 12.83% in the last 24 hours,...Read More
Shiba Inu’s lead developer Shytoshi Kusama addressed the recent turmoil within the cryptocurrency community regarding the issues that Shibarium’s launch faced. As CryptoPotato reported earlier, the Shibarium launch was faced with some issues, including stuck transactions. Reports started circling around that Shytoshi Kusama acknowledged the problems, also saying that there’s a huge number of ETH stuck in...Read More
The community is eagerly anticipating today’s announcement, and many seem to believe that it will be related to the up-and-coming layer 2 scaling solution developed by Shiba Inu – Shibarium. Meanwhile, Shiba Inu’s marketing strategist took it to X to warn users of potential fraudulent actors, outlining one of the popular attack vectors. Lucie emphasized...Read More
Binance will start with a deposit halt for all trading pairs linked to these tokens, including SNM/BTC, SNM/BUSD, SRM/BUSD, and YFII/USDT, on August 22, at 03:00 UTC. The discontinued services for the three tokens encompass Binance Simple Earn, Binance Loans, Binance Pay, Binance Gift Card, and Binance Trading Bots. While deposits will be halted next...Read More
Famous podcast host and MMA commentator, Joe Rogan, is no stranger to Bitcoin (BTC). Having mentioned it in numerous conversations already, both he and his guests have praised the asset before for its absolute scarcity and freedom-focused properties, while contrasting it against the controlling nature of Central Bank Digital Currencies (CBDCs). He’s even accepted BTC...Read More
