Volume of Russian Ruble on Binance Plunges by 83%

Volume of Russian Ruble on Binance Plunges by 83%

Trading volume of Russian Rubles (RUB) and Ukrainian Hryvnia (UAH) on Binance has sharply dropped due to the Russia-Ukraine conflict and market conditions. Key Points The monthly trading volume of Russian Rubles (RUB) on the Binance Exchange has reportedly declined more than 83% in the past two years. The trade volume of Ukrainian Hryvnia (UAH) on the world’s largest crypto …

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Report Record Number of 48.5 Million Bitcoin Holders

Report Record Number of 48.5 Million Bitcoin Holders

Despite recent price fluctuations, Bitcoin hits a record 48.5 million holders, with whales accumulating more BTC and boosted investor confidence. Key Points In the ever-volatile space of digital assets, the largest cryptocurrency by market cap, Bitcoin (BTC), has captured the attention of crypto enthusiasts as the number of BTC holders reaches a staggering 48.5 million, exceeding the entire population of …

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Shiba Inu Token $SHIB Transferred from Coinbase to Inactive Account

Shiba Inu Token $SHIB Transferred from Coinbase to Inactive Account

A massive $SHIB transaction from Coinbase to a dormant account raises intrigue, while the token’s value soars post-SEC announcement. Key Points In a recent observation of blockchain data by 0xScopescan, a notable transaction involving the Shiba Inu token ($SHIB) has caught the attention of the crypto community. The transaction involved a dormant account that received a massive 841 billion $SHIB, …

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Could an Early Decision Surprise Regarding the Delay of SEC's Bitcoin ETF?

Could an Early Decision Surprise Regarding the Delay of SEC’s Bitcoin ETF?

Anticipation builds around the U.S. SEC’s August 13 deadline for the ARK Bitcoin ETF decision, with experts predicting a likely delay. Key Points The impending decision regarding a Bitcoin exchange-traded fund (ETF) has sparked significant anticipation among investors and crypto enthusiasts. The second deadline for the U.S. Securities and Exchange Commission (SEC) to decide on the ARK ETF is set …

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Ripple Labs Achieves ISDA Membership

Ripple Labs Achieves ISDA Membership

Ripple’s entry into the International Swaps and Derivatives Association (ISDA) signals growing acceptance of digital assets in finance, while bold predictions arise about XRP’s price potential. Key Points Ripple Labs, a prominent player in the cryptocurrency market, recently achieved a significant milestone by becoming a member of the International Swaps and Derivatives Association (ISDA). The ISDA, known for its association …

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Ripple (XRP) Price Drops 25% After SEC Win

Ripple (XRP) Price Drops 25% After SEC Win

XRP’s value dips almost 10% in a week amidst broader crypto market stagnation, despite recent positive developments in the wake of Ripple’s SEC case. Key Points In the midst of a lackluster price movement across the wider cryptocurrency market, XRP experienced an unusual downward trend. The cryptocurrency recently became the fifth-largest crypto by market cap owing to Ripple’s partial but …

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Influencer Layah Heilpern's Scripted Conversation on Damex

Influencer Layah Heilpern’s Scripted Conversation on Damex

Crypto influencer Layah Heilpern faces backlash as an on-chain sleuth exposes her scripted promotion of Damex, raising concerns about her credibility and undisclosed partnerships. Key Points The crypto community was left stunned when renowned on-chain sleuth ZachXBT exposed popular influencer Layah Heilpern in a recent Twitter post. The post shared a conversation between Layah and her manager Gideon Heilpern, where …

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Analyst Predicts Crypto Market Rally in Next 2-3 Weeks

Analyst Predicts Crypto Market Rally in Next 2-3 Weeks

Crypto Banter analyst Sheldon predicts a potential cryptocurrency market rally in 2-3 weeks if Bitcoin (BTC) maintains support above $29.5K. Important Points An analyst from Crypto Banter named Sheldon has predicted that the cryptocurrency market could rally in the next 2-3 weeks. However, his bullish thesis for the market depends on Bitcoin (BTC) maintaining a position above the crucial $29.5K …

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Fox Business Correspondent Questions Ripple’s Ability to Pay $1 Billion Fine in SEC Lawsuit

Fox Business Correspondent Questions Ripple’s Ability to Pay $1 Billion Fine in SEC Lawsuit

Charles Gasparino questions Ripple’s finances and XRP community conduct, while XRP influencers and CEO Brad Garlinghouse affirm the company’s ability to pay a $1 billion fine. Key Points Recently, Charles Gasparino, a senior correspondent at Fox Business, took to Twitter to express his concerns about the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple. Gasparino specifically questioned Ripple’s ability …

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Crypto Groups Pressure on Lawmakers for Crypto-Friendly Rules

Crypto Groups Pressure on Lawmakers for Crypto-Friendly Rules

Crypto lobbying groups in the US are intensifying efforts to pass crypto-friendly legislation and address regulatory challenges faced by the industry. Key Points Crypto lobbying and advocacy groups in the United States are increasing pressure on lawmakers as they strive to pass crypto-friendly legislation. In an effort to bring regulatory clarity to the American crypto market, lobbying groups such as …

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