XRP has recently emerged as one of the top-performing crypto assets in the market, showcasing a significant recovery after reaching $0.62, a level not seen since March. The past week alone has seen XRP record gains of over 40%, largely fueled by a broader market uptrend. This surge in price has instilled confidence among investors
Crypto
The price of Bitcoin has been steadily climbing, reaching $66,000 for the first time in a month. After experiencing extreme volatility at the beginning of the month and dropping to a low of under $54,000 on July 5th, Bitcoin has managed to bounce back and recover more than ten thousand dollars. The cryptocurrency saw a
Australian computer scientist Craig Wright’s assertion of being Bitcoin’s mysterious creator, Satoshi Nakamoto, has landed him in hot water. Recent developments in the COPA vs. Wright case have brought to light the possibility of Wright facing charges of perjury and document forgery. High Court Justice James Mellor has taken action by referring Wright’s deceptive behavior
The US spot Bitcoin ETFs have experienced a surge in popularity, with a daily net inflow of $301 million on July 15th. This marks the seventh consecutive day of inflows, highlighting the growing interest among investors in cryptocurrency ETFs. The data compiled by SoSoValue reveals that BlackRock’s IBIT led the way with a net inflow
The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit resulting in over $8 million in funds being stolen. Cyvers Alerts brought attention to the issue after detecting suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI themselves confirmed the breach in a statement on July 16, urging users to avoid interacting
Bitcoin experienced a tumultuous period recently, with its price soaring to over $65,000 before plummeting following news regarding Mt. Gox. The volatile nature of the cryptocurrency market was evident as several altcoins, particularly meme coins, saw significant gains within a single day. After ending the previous week on a positive note with a price of
In a recent development in the world of cryptocurrency, a dormant Bitcoin wallet containing 1,000 BTC was activated after over a decade of inactivity. This wallet, which received the stash in 2012, saw its value surge by a whopping 500,000% during the period of dormancy. The sudden movement of funds from this long inactive wallet
In the fast-paced world of decentralized finance (DeFi), the Ethereum Layer 2 network Scroll has been making significant waves. Over the past seven days, Scroll has seen a remarkable 23% increase in Total Value Locked (TVL), reaching an impressive $1.03 billion, based on data from L2Beat. This surge has propelled Scroll to become the 8th
Recently, the cryptocurrency market has experienced a significant uptrend, with an impressive $200 billion added to its total market capitalization. Bitcoin (BTC) and Ethereum (ETH) have seen remarkable price rises, with BTC reaching over $63,000 and ETH reclaiming the $3,300 mark. The meme coin sector has also witnessed substantial gains, with leading assets like Dogecoin
The digital asset investment market saw a surge in inflows last week, totaling $1.44 billion, bringing the year-to-date total to an impressive $17.8 billion. Despite the influx of capital, trading volumes remained relatively low at $8.9 billion, well below the average of $21 billion. Bitcoin was the standout performer, attracting $1.35 billion in inflows, while
Bitcoin has surged back to the $63,000 level, marking a two-week high and suggesting a potential break in the previous downtrend. On-chain analytics platform CryptoQuant has attributed this move to “U.S. whales” increasing their institutional Bitcoin purchases. Analysts have noted a shift in the Coinbase premium gap, indicating a change in trend among U.S. investors
XRP has recently seen a notable price increase, outperforming major cryptocurrencies in the market. This surge in price has sparked the attention of many analysts and traders who are closely monitoring the asset’s performance. The recent rally in the cryptocurrency sector, with a global market capitalization surpassing $2.4 trillion, has set the stage for XRP’s
Metaplanet, a well-known investment firm based in Japan, recently made a significant move in the cryptocurrency space by purchasing 42.4 Bitcoin for ¥400 million ($2.4 million). This strategic acquisition aims to enhance the company’s long-term financial strategy by adding Bitcoin to its list of assets. With Bitcoin trading at $57,652, down 8% over the last
Cryptocurrencies like Bitcoin have become a major factor in the upcoming 2024 presidential election, especially among Republican voters. A recent poll by investment firm Paradigm revealed that a significant portion of Republicans have shifted their views towards Donald Trump due to his newfound support for the crypto industry. This shift in sentiment has positively impacted