XRP has experienced strong price performance in recent weeks, climbing over 12% in the past month and reclaiming notable price levels. However, as of the latest trading session, the asset is showing signs of correction. At the time of writing, XRP is valued at $3.17, representing a 1.2% decline over the past 24 hours from…
In a transformative moment for the cryptocurrency industry with new regulations coming from the US, major financial institutions are setting their sights on stablecoins, thanks to the recent passage of the GENIUS Act. This regulatory framework, part of President Donald Trump’s vision to position the US as the global leader in cryptocurrency, has prompted banks…
Circle, the issuer of USD Coin (USDC), has announced plans to introduce its own Layer 1 blockchain, Arc, designed specifically for stablecoin-focused applications. The launch follows the company’s $1.2 billion initial public offering (IPO) in June and is scheduled to debut on a public testnet later this fall. According to Circle, Arc will be an…
Cathie Wood’s Ark Invest has increased its exposure to Block Inc., purchasing $19.2 million worth of shares across three of its exchange-traded funds as the fintech firm expands its Bitcoin holdings. According to Ark’s latest trading disclosure, the ARK Innovation ETF (ARKK) acquired 152,980 shares, the ARK Next Generation Internet ETF (ARKW) bought 69,526 shares,…
Ethereum reached $4,600 this week, its highest price since December 2021. Traders are now hoping for an all-time high as retail and institutional inflows accelerate, but many variables remain uncertain. Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, described these market trends and other points of interest in an exclusive interview with BeInCrypto. Ethereum: 2025’s…
Bitcoin’s recent rally pushed the cryptocurrency to retest the $122,000 level before facing a pullback. At the time of writing, BTC is trading at approximately $119,053, marking a short-term correction after reclaiming significant highs earlier in the week. The move comes as traders and analysts watch closely for signs of market strength or weakness at…
Circle Internet Financial, the issuer of the USDC stablecoin, has seen its newly listed stock, CRCL, gain 5% on Tuesday after reporting robust revenue figures in the second quarter of the year following its initial public offering (IPO). USDC Circulation Soars 90% Year-Over-Year The uptick in Circle’s CRCL stock toward the $164 mark on Tuesday,…
Cardano (ADA) is attracting heavy attention from crypto whales and institutional watchers after a massive $157 million accumulation in just 48 hours. On-chain data shows that the 200 million ADA tokens changed hands in large-scale purchases, lifting whale holdings to 10.3% of total supply. Analysts point out that this mirrors the 2021 accumulation pattern that…
A Nasdaq-listed holding company preparing to pile into Bitcoin set off a social-media countdown this week, teasing a large purchase that has drawn wide attention across crypto circles. The company’s CEO posted that he planned to “smash buy $1 billion of bitcoin in a single bid,” then later clarified the real figure is closer to…
Ethereum (ETH) has logged nearly 20% gains in the past week as it outperformed many crypto assets. After reclaiming the $4,200 price level for the first time since 2021, ETH has managed to stay above this level. Beyond price action, on-chain data reveals a telling change in how the leading altcoin’s most dedicated holders are…