Author: driver789

XRP holders are seeing measurable developments on the XRP Ledger that signal growing network activity and expanding real-world use cases. Recent data posted by crypto enthusiast @mrcauliman on X points to several indicators suggesting the infrastructure supporting XRP is evolving in ways investors should monitor closely. Surging Activity On The XRP Ledger One of the clearest developments XRP holders should watch is the increasing activity on the XRP Ledger. Metrics highlighted by @mrcauliman show the network processed around 2.4 million transactions within 24 hours, while new ledgers closed at an average interval of about 3.9 seconds. Related Reading Beyond transaction…

Tom Lee’s Bitmine has staked about $508 million worth of Ethereum in a recent move tracked by Arkham.  Summary Bitmine recently staked about $508 million worth of ETH, according to Arkham on-chain data. Bitmine’s Ethereum holdings crossed 5 million ETH, placing it among the largest institutional holders. More than 4 million Bitmine ETH is staked, equal to about 10.5% of total staked supply. The transfers were routed through institutional channels, adding to the firm’s ongoing staking strategy. The latest activity comes as Bitmine continues to increase its exposure to Ethereum. On-chain data shows the firm has now staked more than…

Dogecoin (DOGE) has outpaced the broader crypto market over the past month, rising roughly 18% versus the market’s 10% gain, as whale accumulation and a bullish chart setup hint at a potential bottom.DOGE/USDT vs. TOTAL crypto market cap 30-day returns. Source: TradingViewKey takeaways:DOGE whale holdings hit a record high as large transactions reached a six-month peak.DOGE’s triangle breakout targets $0.131, with $0.088 as the key invalidation level.DOGE whale holdings hit new high amid April price rallyDogecoin wallets holding at least 100 million DOGE controlled a record 108.52 billion DOGE, worth roughly $11.6 billion, as of late April, compared to under…

This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already.Bitcoin climbed to $77,400, turning higher with other risk assets after earnings reports from the largest U.S. tech companies helped steady markets.The gains came after Apple (AAPL) joined peers with an earnings report that improved sentiment across the industry. The companies, which include Google parent Alphabet (GOOG), Microsoft (MSFT), Meta (META) and Amazon (AMZN), all reported double-digit revenue growth earlier this week.The earnings reports helped risk assets rise as renewed confidence in the AI growth story pulled investors back into equities and crypto, though the bounce…

Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence.  Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement  A court order filed by the FTC shows that the Celsius founder is permanently banned from crypto. The order stipulates that Mashinsky is not allowed to advertise, market, promote, offer, distribute, or assist in doing any of these things with respect to products or services…

Ethereum FOMC sonrası kritik destek aralığında işlem görüyor – BitRss – Crypto World News Coin-Turk 5 minutes ago 2 ⚡ Ethereum son FED toplantısından sonra 2.241 ve 2.323 dolar seviyelerinde dalgalanıyor.⏳ Son dört FOMC toplantısı sonrası $ETH ($2,282.74 · Live) fiyatında yüzde 17 ile 42 arasında ciddi düşüşler yaşandı.🔎 Kritik destek bandı 2.220 ile 2.460 dolar arasında; bu bölgeden aşağıya sarkarsa yeni bir düşüş zinciri başlayabilir.🚨 Kısa vadede $ETH için yatırımcılar direnç ve destek seviyelerini dikkatle takip ediyor. Devamını Oku:Ethereum FOMC sonrası kritik destek aralığında…

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with the use of virtual assets prohibited.The restriction also applies under transitional…

Bitcoin BTC$77,239.01 rose more than 1.2% during the European morning to reach just shy of $77,500 for a lift of about 1.7% in the last 24 hours.The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), also ticked higher, up around 0.95%.Bitcoin’s gains came on above-average volume, with 24-hour activity running 15% above its seven-day average, indicating steady participation, according to CoinDesk Research’s technical analysis data model.Derivatives markets may tell a more cautious story. Open interest in the June 26 $76,000 put option surged 22.5%, pointing to increased demand for downside protection near current price levels. The…

Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. In an exchange on X, Schwartz framed the issue less as a debate over belief and more as a question of rational capital allocation: if sophisticated investors truly saw even a small chance of that outcome, why has XRP not already been priced far higher? Schwartz Pushes Back on XRP Moonshot Claims The discussion began after an X user asked Schwartz to comment on theories built around a crypto adaptation…

Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In an X post on Thursday, Carrot said the Drift exploit was “catastrophic” for the protocol and had left it financially unable to continue operating. The platform set a May 14 deadline for users to withdraw remaining funds. It said it will continue to help recovery efforts related to Drift and distribute assets once they become available.“We are setting May 14th as the deadline to withdraw any…