Everything web3, crypto, defi, degen
In brief XRP last week broke a new record of $3.65. It dropped 15% from that high. But XRP could still move higher as it’s a favorite with retail investors, one analyst told Decrypt. After a wild run, XRP has retreated, erasing its gains of last week. The coin was recently trading for $3.09, according to…
In brief BlackRock’s Ethereum ETF (ETHA) became the third-fastest ETF to reach $10 billion in assets, achieving the milestone in 251 days despite initial lukewarm reception compared to Bitcoin ETFs. MicroStrategy is raising up to $2.5 billion through a new preferred stock offering to buy more Bitcoin while facing class-action lawsuits over previous stock offering…
In brief Nasdaq-listed Windtree Therapeutics has said it will buy up to $700 million in BNB. The company is following software firm Strategy’s gameplan of buying digital assets. A number of publicly traded companies are now buying crypto—and not just Bitcoin—to boost their stock prices. Another day, another crypto treasury. Biotech firm Windtree Therapeutics said…
In brief Analysts noted Galaxy Digital and other large Bitcoin holders moved $3.7 billion worth of BTC to exchanges Friday morning, with 26,100 BTC sold at a loss by short-term holders. Bitcoin dropped 1.8% to $116,365 amid mounting selling pressure, while trading volume surged 37% to $131.6 billion in 24 hours. Over $531 million in…
Here’s some more information about the tokens: Virtuals Protocol (VIRTUALS) is a digital asset based on blockchain technology.which enables decentralized peer-to-peer transactions . Trading with Virtuals Protocol can offer portfolio diversification opportunities, potential profits from market movements, and exposure to one of the most active areas of global finance. Fetch.ai (FET) is building a decentralized…
In brief U.S. M2 money supply hit a record $22.02 trillion, but crypto markets continued to slide. Analysts say liquidity remains sidelined in money markets, not flowing into risk assets like crypto. High leverage, especially in altcoins, is driving forced selling and amplifying short-term volatility. The U.S. money supply has climbed to a record high,…
In brief The XRP Ledger is experiencing a shift away from retail activity, according to a Serotonin analyst. The network is now more akin to a “interbank settlement network” and is losing steam with retail users. The shift comes amid XRP’s surge to a new all-time high price last week. Ripple-linked asset XRP surged to…
In brief Ripple co-founder Chris Larsen has moved 50 million XRP since July 17. Larsen has moved most of that amount to exchanges. The third biggest cryptocurrency by market value hit a new all-time high last week. Ripple co-founder and Executive Chairman Chris Larsen moved more than 50 million in XRP over the past week…
ALTS HEAD LOWER, GOLDMAN SACHS TO TOKENISE FUNDS, TRUMP VISITS FEDBTC dominance rises, XRP leads major altcoins lower. ETH ETFs see daily inflows for 2 weeks in a row. GS, BNY Mellon to launch tokenised funds. US crypto report coming on July 30. Whales pulled $1.7b ETH from Aave over last week. MARA raises $850m…
In brief XRP hit a new all-time high of $3.66 this week before retreating to $3.15 amid surging volumes and renewed market attention. Ripple CEO Brad Garlinghouse warned of scammers impersonating the firm on YouTube and other social sites. The cryptocurrency’s older retail base makes it especially vulnerable to social engineering, analysts told Decrypt. After…
