The Winklevoss twins have joined the growing list of early Bitcoin holders who are dumping the asset at low prices that appear to be near its bottom.As Bitcoin continues to face consistent downside…
Wall Street giant Citi has revised its 12-month price targets for both Bitcoin (BTC) and Ethereum (ETH). The reversal has been attributed to pitiful exchange-traded fund (ETF) outflows and…
As the asset continues to trade close to its lowest points of the year, Shiba Inu is once again facing a crucial test as exchange activity soars. Recent on-chain data indicates that more than 493 billion SHIB entered exchanges, raising questions about whether investors are getting ready for another…
TL;DRShiba Inu entered Q3 with a major supply shift: investors withdrew 2.6 trillion SHIB from centralized exchanges after the token closed its worst Q2 on record with a 29.5% quarterly drop.XRP defended the $1 level at the Q2 close: buyers held the token above its key psychological support as…
Peersyst, a blockchain development startup, has announced an upcoming upgrade to the XRP Ledger EVM sidechain.The XRPL EVM is a sidechain for the XRP Ledger that adds Ethereum-compatible smart contracts. In a recent X post, Peersyst released information about the upcoming XRPL EVM v11, stating that…
Bitcoin ETFs have continued to bleed heavily for the past two months, consistently recording massive daily outflows as investors continue to withdraw their investments.Latest data from crypto analytics platform CryptoQuant shows that Bitcoin ETFs are experiencing their largest drawdown in history…
Ripple has released 1 billion XRP into the market squarely on schedule. Executed in the early hours of July 1, the release follows a predetermined, mathematically enforced cryptographic schedule that has governed the asset's supply since 2017.According to on-chain tracker Whale Alert, the 1…
Ripple President Monica Long recently shared a vision for the future of digital payments. "The future of payments will be multichain, interoperable, and built on institutional-grade blockchain infrastructure," said the Ripple President.The future of payments will be multichain, interoperable, and…
The announcement of the Open USD (OUSD) stablecoin by a consortium of 140 financial giants, including Visa, Mastercard, Stripe and BlackRock, sparked discussion about the historical roots of this technology. Former Ripple principal engineer Matt Hamilton noted that the structure of the…
Bitcoin (BTC) has logged a weekly candle below its crucial 200-week moving average (WMA) for the first time since October 2023. The break below the 200-week moving average, which is historically regarded as the ultimate "line in the sand" separating structural bull markets from prolonged…
Caroline Amosun
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