Recently, XRP experienced a notable spike in its price, reaching an all-time high of $74 on the cryptocurrency platform Atlantis Exchange. However, this price surge was short-lived and was actually a result of a glitch on the platform. This isn’t the first time such a glitch has occurred, as a similar incident happened last year
As Bitcoin continues to be a hot topic in the world of finance, certain fundamental factors suggest that the crypto token is positioned for further growth in the current bull market. Despite recent price declines, data from the on-chain analysis platform CryptoQuant indicates a significant drop in the supply of Bitcoin on exchanges over the
The legal battle between Ripple and the SEC, which began in December 2020, is quickly approaching its climax with the trial scheduled for April 23. The dispute arose when the SEC accused Ripple of conducting an unregistered securities offering through the sale of XRP, raising over $1.3 billion in the process. Ripple has consistently maintained
Bitcoin’s value has seen a significant -17% decline from its recent high, leading to various discussions and speculations among crypto experts on platforms like X (formerly Twitter). Alex Krüger, a well-known figure in macroeconomics and the crypto space, identified several factors contributing to this price collapse. He pointed out issues such as excessive market leverage,
Recently, a Federal High Court in Nigeria made a significant ruling that could potentially have far-reaching consequences for Binance, the world’s largest cryptocurrency exchange. The court ordered Binance to release comprehensive data of all local users trading on its platform to the Economic and Financial Crimes Commission (EFCC). This move comes as part of a
The ERC-7231 token standard represents a significant advancement in the realm of non-fungible tokens (NFTs). Building upon the widely used ERC-721 standard, ERC-7231 introduces new features and capabilities that aim to revolutionize the landscape of NFTs. At its core, ERC-7231 focuses on identity binding, allowing for the secure linking of multiple Web2 and Web3 identities
The recent regulatory filings from the US SEC have revealed a significant delay in the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). Investment firms like VanEck, Ark Invest, Hashdex, and Grayscale have all been affected by these delays, sparking discussions about the future of crypto ETFs in the US. This news has
In the fast-paced world of cryptocurrency, one of the latest trends to emerge is the explosion of meme coins. One such example is Kermit (KERMIT), a token inspired by the Muppets show character. Within just 24 hours, KERMIT has experienced a whopping 600x surge in value, capturing the attention of investors looking for quick gains.
The UK Financial Conduct Authority (FCA) recently announced its intention to recover the equivalent of $8 million in costs associated with the supervision of stablecoins and crypto. This monetary recovery will be achieved through the imposition of fees on stablecoin issuers and digital asset custodians. The main objective is to recover £6.2 million ($7.9 million)
When it comes to meme coins, the market can be a wild rollercoaster ride with extreme highs and lows. Two meme coins that are currently showcasing completely opposite performances are FLOKI and SPONGE. FLOKI has taken a significant hit recently, plummeting by 18% in the last 24 hours to reach a trading price of $0.0001736