Amidst the XRP community’s concern over the lackluster performance of XRP, a proposition to “burn” Ripple’s escrowed XRP funds has emerged as a topic of discussion. Former Ripple Director, Matt Hamilton, took to his platform to suggest a potential solution. His idea involved disabling the master key on the destination account, where the escrow funds
Bitcoin
In a week that saw many cryptocurrencies experiencing a downward trend, Stacks (STX) stood out by registering significant gains. STX, the native token of Stacks Network, has seen a remarkable increase of 600% in 2023. Stacks is a unique token that operates as a layer-2 Bitcoin protocol for smart contracts and has gained attention on
Shibarium, the Shiba Inu Layer 2 network, has seen remarkable growth in recent weeks, surprising skeptics who initially believed its success was temporary. Despite a decline in usage following its launch, the network experienced a resurgence in December, coinciding with the recovery of the SHIB price. As a result, activity on the Shibarium network has
The XRP network has recently witnessed a series of significant transactions, indicating the involvement of influential market participants known as whales. These large transfers, each valued at over $10.9 million, have caught the attention of cryptocurrency enthusiasts and investors. Analyzing the behavior of whale entities can provide valuable insights into the market dynamics and potential
Solana (SOL) has undeniably emerged as a standout performer in the recent cryptocurrency landscape, showcasing a remarkable surge in value that has captured the attention of market participants. Its extraordinary performance, marked by substantial gains, has propelled Solana beyond the ranks of other leading cryptocurrencies, securing a coveted position among the top five by market
A recent report by K33 research analysts shed light on the growing appetite of institutional investors for Bitcoin, particularly in anticipation of the potential approval of a Spot BTC ETF. The report, authored by K33’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth, highlighted a key indicator that reflects institutional traders’ interest in
The cryptocurrency market has experienced significant volatility in the first half of December, leaving investors searching for signs of a long-term recovery. In this dynamic environment, it is crucial to pay strategic attention to tokens such as Woo Network (WOO) that offer opportunities for both short-term and long-term trading. Both Ethereum and Bitcoin, the two
Ethereum price is facing hurdles in its attempt to climb back above the $2,200 and $2,250 levels. The failure to overcome these key resistance zones could potentially result in bearish momentum if the price drops below the $2,120 support level. The price of Ethereum is currently trading below $2,200 and the 100-hourly Simple Moving Average,
The recent liquidity loss incident in Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), has raised concerns about the security and integrity of the platform. This article will analyze the incident and explore the lessons that can be learned from it. On December 17, the Aurory team released an official statement
Bitcoin, the leading cryptocurrency, is experiencing a slight decline in its recent gains. There are concerns that this could potentially lead to a more significant retracement, pushing the price back to the $30,000 mark. At the moment, Bitcoin is trading at $40,950 with a 2% loss in the past 24 hours. The weekly chart also