SBI Holdings, a key partner of Ripple, plans to launch two innovative crypto-linked ETFs—marking a significant milestone in XRP’s journey toward institutional recognition and regulatory acceptance in Japan. The move could unlock new liquidity streams and pave the way for wider institutional participation in digital assets. XRP and Bitcoin Take Center Stage SBI, in its…
A China security ministry has warned that foreign agents are using crypto schemes to collect sensitive biometric data, including iris scans, posing a threat to both personal privacy and national security. Local outlet Global Times reported Wednesday that the ministry outlined the growing risks tied to biometric technologies. It said recent cases have shown foreign…
Michael Novogratz says the rush to create companies holding cryptocurrencies on their balance sheets may have already peaked. The Galaxy Digital founder and CEO made the comments Tuesday during the firm’s second-quarter earnings call. “We’ve probably gone through peak treasury company issuance,” Novogratz said. “The question now is which of the existing companies become monsters.”…
Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from the peak price of above $123,000 reached…
TL;DR SHIB breaks out of long-term channel as analysts target $0.000025 amid bullish market setup. The holder base remains stable at 1.41 million addresses, signaling steady network activity during consolidation. Fifth anniversary sparks community focus as traders watch for next move. Price Action and Market Performance Shiba Inu (SHIB) was trading at $0.000012 at press…
Crypto markets broadly retreated after weaker-than-expected U.S. ISM Non-Manufacturing PMI data heightened stagflation concerns. Bitcoin fell 0.76% to $113,000, while Ethereum dropped 2.43% below $3,600 on early Asian trading hours. XRP is trading at $2.92, 4% down in the past 24 hours. Riskier sectors saw steeper losses, SocialFi plunged 6.04%, NFTs slid 5.56%, and meme…
Ex-Binance CEO Changpeng “CZ” Zhao has asked a bankruptcy court to dismiss him from a $1.76 billion clawback suit filed by the FTX trust. The now-bankrupt FTX claims that the funds were “improperly transferred” by Sam Bankman-Fried. According to Bloomberg Law, CZ claimed that he’s a resident of the United Arab Emirates and that the…
XRP price struggled to continue higher above the $3.10 zone. The price is trimming gains and might decline below the $2.90 support. XRP price is correcting gains from the $3.10 zone. The price is now trading below $2.980 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support…
A quant has explained how altcoin inflows into cryptocurrency exchange Binance might act as a leading indicator for the market. Spikes In Binance Altcoin Inflows Tend To Precede Corrections In a CryptoQuant Quicktake post, an analyst has talked about the trend in the altcoin exchange inflows going to Binance. The indicator of relevance here is…
Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again. Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line…