Crypto News

The SEC Acknowledges Another XRP ETF Filing Introduction Recently, the Securities and Exchange Commission (SEC) acknowledged another XRP ETF filing, this time from Bitwise. This comes on the heels of last week’s news that Cboe BZX Exchange had filed applications to list several XRP ETFs, including the one from Bitwise. What is an XRP ETF?…

Bitcoin’s Recent Struggles and the Search for a Catalyst The Current State of Bitcoin Bitcoin has been on a rollercoaster ride lately, with the cryptocurrency hitting a low of $95,000. This has left investors feeling a bit uneasy and wondering what the next move for Bitcoin will be. With uncertainty in the air, many are…

Weekly On-Chain Trading Volume Decline Slows Down The Decline in Trading Volume Last week, DefiLlama data revealed that the weekly on-chain trading volume has been steadily decreasing since mid-January. From a high of $173 billion, the volume has now dropped to around $90 billion. This decrease is notable in the cryptocurrency market, with Solana experiencing…

Breaking News: Bitcoin Mining Boosts US GDP by $4 Billion in 2024 A Closer Look at the Impact of Bitcoin Mining on the Economy Have you ever wondered about the economic implications of Bitcoin mining? Well, wonder no more! Economic research firm Perryman Group has just released a new report revealing that Bitcoin mining has…

Recovery on the Horizon: Analyzing Hedera’s Recent Price Correction A Sign of Hope Recently, the cryptocurrency market has been experiencing a turbulent time, with many coins facing significant price corrections. Hedera (HBAR) is one such coin that has seen a sharp 40% decline in price over the past month. However, despite these bearish indicators, there…

Should We Let the Dogs Out? The SEC Seeks Public Input on Ethereum ETFs To Trade or Not to Trade, That Is the Question Picture this: you wake up on a lazy Sunday morning, grab your phone, and start scrolling through the latest crypto news. Suddenly, you come across an article about the U.S. Securities…

American Business Intelligence and Software Firm Strategy to Raise Funds for Bitcoin Introduction American business intelligence and software firm Strategy, formerly known as MicroStrategy, has recently announced its plans to raise funds through private debt issuance in order to purchase more Bitcoin. The company has set its sights on acquiring a $2 billion debt aggregate…

The Impact of Sniping the Official TRUMP Token Introduction In a recent incident, pseudonymous trader Naseem managed to “snipe” the official TRUMP token within a mere second of its launch, as indicated by onchain data. This bold move has sparked discussions within the cryptocurrency community and raised questions about the implications of such actions. Implications…