Ripple has once again stirred up concerns within the XRP community with its recent XRP sale. The sale of 150 million XRP tokens on June 7 adds to the ongoing bearish outlook for the cryptocurrency. This sale is part of the 1 billion XRP tokens that were recently unlocked as part of Ripple’s monthly escrow
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In a bold move to strengthen its position in the crypto market, Robinhood has recently announced its agreement to acquire the global crypto exchange Bitstamp for approximately $200 million in cash. This acquisition marks a significant step in Robinhood’s efforts to expand its offerings and enhance its global footprint. Bitstamp, founded in 2011, operates in
The Chief Investment Officer at Bitwise, Matt Hougan, has pointed out that the market is failing to properly assess the significant changes in Washington’s stance on cryptocurrencies. In a memo issued on June 4th, Hougan explained that there has been a noticeable shift towards a more positive outlook on cryptocurrencies within the US political landscape.
As of the latest market update, Ethereum price has continued its downside correction and is currently approaching the crucial $3,720 support level. This downward movement was initiated after ETH failed to sustain its position above the $3,880 zone, leading to a bearish trend in the short term. Despite trading below $3,880 and the 100-hourly Simple
The Mollars token presale and project have received significant attention recently, with search volumes rivaling well-known tokens such as Bonk Inu (BONK) and Pepe (PEPE). A recent report released by the team behind Mollars sheds light on the types of crypto traders showing interest in the project. According to the report, Mollars ICO is gaining
In the world of cryptocurrency, the market is constantly evolving. One of the most significant shifts currently taking place is the increased mainstream adoption of digital assets. With the recent Bitcoin halving and the hype surrounding BTC ETFs, more users are entering the space than ever before. This surge in interest is not only attracting
Crypto exchange Coinbase has recently released a report predicting the likelihood of the Securities and Exchange Commission (SEC) approving spot Ethereum exchange-traded funds (ETFs) by the end of this month. According to Coinbase Institutional Research Analyst David Han, the chances of approval stand between 30% to 40%. Han believes that the correlation between CME futures
The global cryptocurrency market capitalization has seen a slight dip of 0.6% over the past 24 hours, currently standing at $2.49 trillion. While many of the top 100 coins per market cap experienced price drops during this period, there were a few notable exceptions. Stacks (STX) recorded a significant decrease of 9% to $1.97, while
As Dogecoin enthusiasts shift their focus to the emerging VR ICO called 5thScape, it is evident that the cryptocurrency market is constantly evolving. With the potential for 10x returns, investors are looking beyond traditional digital assets like Dogecoin and exploring new opportunities in the world of presale investing. While Dogecoin has shown promising signs of
Deutsche Bank has taken a significant step towards embracing digital assets and tokenization by partnering with the Monetary Authority of Singapore in Project Guardian. This initiative aims to test the applications of asset tokenization in a regulated environment, focusing on their viability and potential integration within financial markets. The collaboration also includes Memento Blockchain and