An XRP-focused exchange-traded fund is more likely to receive approval than other recently proposed spot funds tracking other major altcoins, market research firm Kaiko said in a report released Monday. XRP’s front-runner position comes because of the underlying token’s high liquidity, said Kaiko. Spot volume for XRP on American exchanges recently hit its highest level
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Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of
Opinion by: Blake Cassidy, CEO of Bamboo Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow. While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in
Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin price faces multiple resistance hurdles Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeking to break through $86,000. Continued strength through the weekend had set up the pair for
Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100. Ethereum’s market dominance keeps falling On April 9, Ethereum’s market dominance, or the measure of Ether’s share of crypto’s overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph
Mantra’s comparison to the Terra Luna collapse is inaccurate despite price chart similarities because the token crashes are fundamentally different, crypto community members said. 2809 Total views 1 Total shares The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra
PumpSwap processed $2.5 billion in weekly trades, with record-breaking daily fees and over 500 wallets earning $1 million or more from memecoin trading. 802 Total views 1 Total shares Market data shows PumpSwap, the decentralized exchange of memecoin launch platform Pump.Fun, processed $2.5 billion of trades last week. DefiLlama data shows that in the week of April
Governments cannot solve this crisis. They created it. In today’s world, credit or debt-money is printed out of thin air in absurd amounts, and so much is borrowed that it can never be fully repaid to creditors. It took the US “216 years to accumulate $8.5 trillion in debt, and then another eight years to
KiloEx said it would pursue legal action and expose the hacker’s identity if they didn’t accept the white hat bounty offer. 622 Total views 1 Total shares Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an