The aftermath of the brutal April Fools’ Day price crash continues to send shockwaves through the cryptocurrency market, with XRP bearing a significant hit. In just 24 hours, a staggering $6 million in XRP contracts were liquidated, according to recent Coinglass data. This massive liquidation frenzy can be directly attributed to the sharp decline in
The recent surge of Wally the Whale token in the Solana meme coin market has captured the attention of investors worldwide. With an astonishing 44,510% gain in just 24 hours, WALLY has become a hot topic in the crypto community. The dynamic marine mascot and the viral traction on Crypto X have contributed to WALLY’s
Innovations in the ride-hailing industry continue to shape the way we commute on a daily basis. Decentralized taxi app DRIFE has taken a step further by integrating Layer 1 Sui blockchain into its platform. This integration aims to offer a seamless and simplified onboarding process for ride-hailing users in India and the UAE, providing a
Recently, the Bitcoin price took a sharp downturn, falling below $67,000 and causing concern among investors in the cryptocurrency market. However, amidst this decline, crypto analyst Michael van de Poppe has urged the crypto community to view this as an opportunity to acquire Bitcoin at a lower price. In a recent statement, Poppe emphasized the
Recent legal battles with US authorities have had a significant impact on KuCoin, resulting in a decline in user assets on the exchange. The latest proof-of-reserve certificate from KuCoin reveals that users’ Bitcoin holdings fell by 25.4% to 12,114 BTC in March, while Ethereum balances dropped by approximately 22% to around 112,000 ETH. Similarly, the
XRP price continues to face challenges below the $0.620 mark, with the need to maintain support above $0.5680 in order to see any potential for a new uptrend in the near future. The cryptocurrency has been gradually declining from the $0.6620 resistance zone, currently trading below $0.620 and the 100 simple moving average on the
Data Ownership Protocol has recently announced a successful token sale, raising an impressive $162 million ahead of its mainnet launch. The protocol, which focuses on blockchain privacy, aims to provide users with full control over their data while ensuring privacy and regulatory compliance. The token sale, which is now completed, is touted as the ninth-largest
In the fast-paced world of cryptocurrencies, volatility is nothing new. The popular Solana meme coin DogWifHat (WIF) recently experienced a significant drop in value, losing 17% in just 24 hours. This decline is part of a broader market pullback that saw both Bitcoin and Ethereum lose around 5% of their value overnight. These market leaders
Recently, Tether, the world’s largest stablecoin issuer, made a significant addition to its Bitcoin holdings by acquiring 8,888 BTC on March 31. This move has positioned Tether as one of the largest Bitcoin holders in the market, with a total of nearly 75,400 BTC in its reserves. The company had previously announced its intention to
The Monetary Authority of Singapore (MAS) has recently made significant amendments to its Payments Service Act (PSA) with the aim of strengthening its oversight and increasing user protection within the cryptocurrency industry. These revisions are part of Singapore’s broader strategy to establish itself as a favorable location for crypto businesses, supported by a regulatory framework