Kraken’s Defiant New CEO Won’t File With SEC
Despite an largely dull cryptocurrency market, Ripple (XRP) appears to be an exception of sorts. In an environment that is largely driven by a negative price momentum, XRP has recently shown great price jump. One clear reason could be the possibility of a final verdict and closure of the SEC Vs Ripple case in upcoming days. To support this theory, major technical metrics are on a bullish pattern and hence there is chance of further rally. There is a strong...
The total number of transactions conducted on the Solana ($SOL) network has surpassed the 100 billion mark, at a time in which institutional investor bets on the cryptocurrency keep trickling in, despite the ongoing bear market. According to data from Solana’s blockchain explorer, the network has now processed a total...
On-chain data shows the Bitcoin spot trading volume has remained elevated recently as the price of the crypto has observed deep discounts.
XRP, Ripple’s native token prices are riding high while other major cryptocurrencies are trading under heavy selling pressure. XRP has emerged as the top gainer over the past 7 days beating all the market sentiments.
The Federal Reserve continues its hawkish stance to curb inflation. The consumer price index for August revealed worse-than-expected inflation. The Fed reaffirmed its commitment to curbing inflation prices by moving forward with a jumbo hike of 75 bps. More importantly, Fed chair Jerome Powell seemed to move away from his past comments about a soft landing. The crypto community is bracing for another crash as prices continue to fall with now bottom. Ethereum fell below the $1.3K mark while Bitcoin...
On Tuesday (September 20), billionaire investor Mike Novogratz was asked to share his thoughts on the crypto market. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial...
Crypto whales have shown a major transition in their behavior over the last week. After backing the world’s second-largest crypto Ethereum (ETH) ahead of the Merge, they are now focusing on Ripple’s XRP. Post the Merge event last week, The ETH price has come under severe correction losing more than 20% in a week’s time. As of press time, ETH is trading 5.6% down at a price of $1,260 with a market cap of $154 billion. As per on-chain data...
While the prices of most cryptoassets have been plunging over the past week, a few cryptocurrencies have seen social interest in them surge as traders are seemingly looking to get involved. According to data from crypto analytics firm Santiment, Ethereum ($ETH), $XRP, Cardano ($ADA), Shiba Inu ($SHIB), and...