Ripple’s XRP has achieved a significant milestone, with the number of its wallets surpassing the 5 million mark. This notable increase, which has been observed throughout 2023, indicates a growing user base and wider adoption of the asset, potentially boosting investor confidence. The start of the previous year saw the figure at approximately 4 million.This […]
Anatoly Yakovenko, co-founder of the blockchain platform Solana (SOL), has recently reaffirmed the project’s commitment to scaling at the Layer 1 level and achieving a global atomic state machine. This approach is in stark contrast to other blockchain networks like Ethereum, which are increasingly relying on Layer 2 solutions to address scalability challenges.Solana’s primary objective […]
Cathie Wood’s ARK Invest has continued its trend of selling shares in the cryptocurrency exchange Coinbase (COIN), with a further 133,823 shares sold on January 5. The stock opened trading for the day at $152.67 and ended at $153.98. The United States-based asset management company disclosed its trades for the day on social media on […]
Mercari, a leading Japanese e-commerce platform, is set to accept Bitcoin as a payment option for its flea market app-listed products starting in June. This move will be facilitated through its Tokyo-based crypto exchange subsidiary, Melcoin.While the prices of items listed on the flea market app will be shown in Japanese yen, users will have […]
Upbit Singapore, the Singaporean subsidiary of South Korean cryptocurrency exchange Upbit, has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). This license allows the exchange to expand its business in Singapore, including growing its team, expanding its institutional business offering, and increasing the number of digital assets it lists.Prior […]
The financial sector is filled with anticipation as key players in the Bitcoin ETF saga are in the final stages of the Securities and Exchange Commission’s (SEC) rigorous review process. January 11th is a significant date, marking the potential announcement of the regulatory body’s decision on these highly sought-after financial instruments.Despite the rumors of impending […]
The Liechtenstein private bank, LGT, continues to expand its presence in the German market with the opening of a new location in Frankfurt am Main, according to a recent media release. This marks the fourth German location for the internationally active private bank, following the opening of branches in Hamburg in the fall of 2022, […]
Binance USD (BUSD) has fallen out of the top five stablecoins by market capitalization after its circulating supply dropped below 1 billion, the lowest since December 2020. The circulating supply of BUSD now stands at 927 million tokens, a dramatic 96% decrease from its peak supply of 23.45 billion. This drop has also significantly affected […]
As the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission builds anticipation, the term “XRP ETF” is trending on X (formerly Twitter). Many XRP community members have posted supposed evidence that a US ETF is imminent. However, a closer look reveals a more complex reality.Good Morning […]
A potentially historic week for Bitcoin is about to commence, with the possible approval of spot Bitcoin exchange-traded funds (ETF). Issuers are expected to finalize their S-1 amendments on Monday. Asset managers are anticipated to amend their spot Bitcoin ETF filings by 8:00 am ET, or 01:00 pm UTC, on Jan. 8. This follows the […]
