The US spot Bitcoin ETF market has been heating up very fast following the Fed rate cut announcements as institutions rush to get their share of BTC. On Friday, the BTC ETF inflows stood at a staggering $495 million in a single day, thereby taking its weekly inflows to more than $1 billion. The latest…
Binance Founder Changpeng “CZ” Zhao has been released from custody on Friday, following the completion of a four-month prison sentence. Zhao’s early release, two days before the scheduled date was in line with the federal parole rules that allows an inmate to be released before the weekend or a public holiday. He was arrested due…
Wyoming Senator, Cynthia Lummis, an advocate for digital assets, has criticized the US Securities and Exchange Commission’s (SEC) handling of cryptocurrency regulations. Speaking on CNBC’s Squawk Box, Lummis criticized SEC Chair Gary Gensler for his attitude towards the cryptocurrency market saying it was counterproductive and problematic. Senator Cynthia Lummis Critiques US SEC’s Crypto Regulation During…
The XRP Ledger (XRPL) has revealed two major updates, just after implementing another amendment recently, which have caught the eyes of the investors. Notably, this comes as anticipation is soaring over the potential launch of Ripple stablecoin RLUSD. Now, with Ripple’s continued development on the XRPL, speculation rises on how these upgrades might affect the…
Grayscale has recently revealed it’s for the top 20 crypto picks, excluding XRP, which have sparked discussions in the broader crypto market. Notably, this comes just after the leading investment firm announced the XRP Trust, which sparked a rally in the crypto’s price earlier this month. Besides, it has also fueled discussions over a potential…
Bybit, the second-largest cryptocurrency exchange by trading volume, currently has more open interest on its XRP futures market than Binance, the largest exchange by trading volume. This development comes amid the crypto exchange’s recent expansion to the Kazakhstan market, having gained full license to provide crypto trading services in the country. Bybit Tops Binance In…
The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity. Here’s why SUI and two other cryptos may outperform in Q4 2024, according to Grayscale research. SUI and these 2 Crypto…
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation. In the last 24 hours, not only has the price increased, but its trading…
The crypto market has been booming lately, and investors are looking at XRP alternatives to ride and convert their $1 into $1000. The Ripple RLUSD stablecoin is expected to launch by the end of September, in line Ripple CEO Brad Garlinghouse’s comments, “in weeks, not months” at the beginning of the month. Further, the Ripple-SEC…
Crypto exchange Binance on Friday issued an important announcement on Sam Altman’s AI-meets-crypto project, Worldcoin (WLD). The exchange revealed that it is forging ahead with WLD futures listing, echoing a frenzy among market watchers globally. The move comes as WLD price rallied 27% in a week, with anticipation of further upside momentum. Binance Unveils Perpetual…