$55.9 Million Ripple USD Burned in Seven Days Amid Quiet June Activity
According to the Ripple stablecoin tracker website, $55.9 million in RLUSD was burned in the last seven days amid quiet minting and burn activity in June.June started with significant RLUSD activity, with $127.4 million minted and $12 million burned on the first day of the month.However, activity…
XRP ETF Inflows Outpace Bitcoin and Ethereum for Fifth Week
XRP exchange-traded funds (ETFs) have continued to attract fresh capital, outpacing both Bitcoin and Ethereum for five consecutive weeks. Despite an overwhelming blanket of bearish sentiment covering the broader cryptocurrency market, institutional demand for XRP is growing at a slow and…
Bitcoin Mining Difficulty Plummets Nearly 10%
The Bitcoin network has experienced a substantial downward adjustment. According to Galaxy Research, Bitcoin recently completed its 11th-largest downward difficulty adjustment at block 953,568. The difficulty fell by 10.09%, dropping from 138.96T to 124.93T. This is the second-…