XRP Best Positioned For A US ETF After Bitcoin, Ripple CEO Reiterates

During the Paris Blockchain Week from April 9-11, Brad Garlinghouse, CEO of Ripple, spoke alongside David Schwartz, CEO of Xrpl Commons. They discussed various relevant topics concerning Ripple and the wider XRP community. Notable subjects included the potential for a US spot Exchange Traded Fund (ETF), Ripple’s planned release of a USD stablecoin in 2023, … Read more

Is Grayscale’s Nightmare Finally Over? GBTC Posts Record Low Ouflows

On April 10th, there were withdrawals totaling $17.5 million from Grayscale’s GBTC, marking an all-time low for this particular ETF, according to Teddy Fusaro, president at Bitwise Asset Management. The cryptocurrency market has been plagued by disastrous Grayscale outflows.  About a month ago, ETF expert Eric Balchunas expressed his doubt that the recent outflows were … Read more

Ethereum (ETH) Skyrockets in Massive Whale Transactions Amid Price Recovery

Over the last 24 hours, Ethereum, the leading altcoin in the crypto market, has gone through significant price fluctuations. Following a steep decline the previous day that eliminated approximately $30 million in investments within an hour, Ethereum‘s cost dropped by as much as 3.1%, touching $3,411 at one point. After experiencing a rebound, Ethereum’s price … Read more

Urgent Stablecoin Regulation Needed, Global Financial Watchdog Says

To handle the intricate challenges of regulating stablecoins, the Bank for International Settlements (BIS) is calling for immediate international supervision. A recent study by the Bank for International Settlements emphasizes the importance of creating a single regulatory system to tackle the issue of multiple regulations that prevent widespread use of stablecoins. A BIS survey in … Read more

SHIB Burns Soar 48,554% As Shytoshi Kusama Makes Festive Statement

Based on information from the Shibburn group in the last 24 hours, an enormous quantity of SHIB meme tokens has been moved to “inferno” wallets, permanently removing them from circulation and preventing any future use or retrieval. During this time, the SHIB price has bounced back following its decline the previous day. Notably, the enigmatic … Read more

Urgent Stablecoin Regulation Needed, Global Financial Watchdog Says

To help manage the intricate regulations surrounding stablecoins, the Bank for International Settlements (BIS) is calling for immediate international supervision. According to the newest BIS report, there’s an urgent requirement for a single set of rules to tackle the problem of multiple regulators that is preventing wider usage of stablecoins. A BIS survey in 11 … Read more

Bitcoin Core Developer Meeting Under FBI Scrutiny, Here’s Why

The FBI is investigating a Bitcoin Core developer conference and has requested information from attendees through a subpoena. According to an email from Mike Schmidt of Brink, a philanthropy supporting open-source developers, the investigation relates to the theft of around $3.6 million worth of Bitcoins belonging to Luke Dashjr. The email sent by Schmidt reads: … Read more

Bitcoin Fees Near Cycle Lows, Will Halving Change This?

The cost of transacting on the Bitcoin network has been relatively low lately, with fees for processing blocks at nearly the lowest levels seen in recent cycles. Bitcoin Miners Have Been Receiving Low Fees Recently According to analyst James Van Straten in his latest post on X, the cost for bitcoin users to send transactions … Read more