ZachXBT, a well-known on-chain crypto investigator, recently alerted the crypto community about a significant development involving Chris Larsen, the co-founder of Ripple (XRP). According to ZachXBT’s findings, XRP addresses associated with Larsen still hold over 2.7 billion XRP, which is valued at approximately $7.18 billion. ZachXBT shared this information with his followers on Telegram, pointing […]
Tether, the issuer of the largest stablecoin, has made a significant move to address ongoing concerns about its financial transparency. The company announced that Simon McWilliams has been appointed as its new Chief Financial Officer (CFO), with a clear mandate to steer the company toward a full financial audit. This decision comes in response to […]
Ki Young Ju, CEO of CryptoQuant, recently discussed his perspective on the crypto market after Donald Trump’s announcement regarding a U.S. crypto reserve. Ju’s comments suggest that Trump’s involvement in crypto is transforming it into a “weapon” of the United States, shifting the market dynamics and potentially creating an advantage for U.S. interests in the […]
Binance has announced that it will delist non-MiCA compliant stablecoins for users in the European Economic Area (EEA) starting March 31, as part of its effort to comply with Europe’s Markets in Crypto-Assets Regulation (MiCA). The stablecoins affected by this move include Tether (USDT), First Digital USD, and DAI. In a press release issued on […]
Cardano has experienced a remarkable surge of over 75% following its inclusion in U.S. President Donald Trump’s proposed crypto strategic reserve plan. The announcement on March 2 sent Cardano’s price soaring from a low of $0.6461 to $1.13, according to data from crypto.news price tracker. In just 24 hours, Cardano’s trading volume spiked by an […]
In February, spot Bitcoin exchange-traded funds (ETFs) in the United States recorded their highest-ever monthly net outflows, totaling over $3.5 billion, marking a stark contrast to the previous month’s inflows of $4.8 billion. According to data from SoSoValue, the 12 Bitcoin ETFs experienced a significant shift in investor sentiment, with February witnessing the largest outflows […]
Metaplanet Inc., a Japanese investment firm, has significantly increased its Bitcoin holdings with the purchase of an additional 156 BTC, bringing its total Bitcoin assets to 2,391 BTC. The acquisition, announced on March 3, was made at an average price of 12.95 million yen ($85,483) per Bitcoin, resulting in an investment totaling 2.021 billion yen […]
The cryptocurrency market saw a massive surge of $300 billion in value following President Donald Trump’s announcement of a U.S. crypto strategic reserve. The news, shared on Truth Social on March 2, outlined his commitment to making the U.S. “the Crypto Capital of the World” and introduced an executive order for the Presidential Working Group […]
Cardano’s price has remained relatively stable, trading at $0.6610 on Sunday, which marks a 15% increase from last week’s lows. This stability comes as traders await further details surrounding the much-anticipated meeting between Cardano founder Charles Hoskinson and a VIP figure. Rumors about the nature of the meeting have been circulating, with speculation suggesting that […]
Ethereum’s ongoing research into decentralization addresses a significant issue within its current architecture, where centralized power has concentrated among just a few entities, undermining the network’s foundational goals. Even with the transition to Proof of Stake (PoS) and the adoption of Proposer-Builder Separation (PBS), a troubling concentration persists: approximately 80% of Ethereum blocks are proposed […]