Cryptocurrency enthusiasts have had their eyes on XRP for quite some time, and the discussions surrounding its future have been incessant. Recently, a crypto analyst going by the name of EGRAG CRYPTO on X has shared an intriguing prediction about XRP’s potential gains in 2024. Drawing from historical price data, EGRAG CRYPTO believes that XRP
Institutional crypto investors have been gradually withdrawing from the market, particularly as the prolonged bear market persists. While other assets have also experienced outflows, Ethereum seems to be at the forefront of this trend, with its total assets under management (AuM) taking a significant hit. The decline in Ethereum’s popularity can largely be attributed to
The crypto industry is no stranger to controversy, and one area that has drawn considerable attention is the implementation of know-your-customer (KYC) measures. In the midst of this debate, Gracy Chen, the Managing Director at Bitget, has voiced her opinion on the matter. According to Chen, crypto KYC measures are expected to become increasingly stringent
In the fast-paced world of technology, two cutting-edge fields have captured the imagination of innovators and investors alike: Artificial Intelligence (AI) and cryptocurrencies. These domains have now intersected, giving rise to a new and exciting concept called AI crypto. AI crypto projects aim to combine the power of AI and blockchain technology, offering users the
CoinEx, a prominent cryptocurrency exchange, recently fell victim to a security breach. The incident, which involved unauthorized transactions, has raised concerns about the safety of users’ funds. In this article, we will delve into the details of the breach, its impact on CoinEx, and the measures taken by the exchange to mitigate the situation. On
Franklin Templeton, a leading global investment firm, has recently made a groundbreaking move by applying for a Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This bold step aligns with the company’s longstanding interest in cryptocurrencies and could potentially reshape the future of Bitcoin ETFs. A Transformative Application In a filing
The native token of Ethereum, Ether (ETH), experienced a significant gain of over 4.5% on September 12th, reaching $1,622. This recovery came after ETH fell to its lowest level in six months the day before. The positive movement in ETH price was attributed to diminishing concerns over a potential liquidation event at FTX. FTX Court
Digital Currency Group’s subsidiary, Luna, is set to pause certain services in the UK as the country’s Financial Conduct Authority (FCA) introduces new regulations. The changes, which will come into effect on October 6, will impose restrictions on how cryptocurrency companies can advertise their services, including banning crypto referral programs. As a result, Luno will
A recent report by crypto researcher Kaiko has shed light on the highly concentrated nature of crypto trading liquidity. This report reveals that almost 90% of the trading volume is handled by just eight major exchanges. Binance, Coinbase, OKX, and Huobi are among the exchanges responsible for the majority of trading volume. While this concentration
Bitcoin, the world’s most valuable cryptocurrency, is currently facing a significant downward trend in its price. The recent price action on September 11 indicates that BTC is now trading at $25,135. This marks a slight improvement from its earlier drop to the lowest point in the second half of 2023, which was recorded at $24,951.