XRP

Our weekly roundup of news from East Asia curates the industry’s most important developments. Blowing up a Singaporean crypto hedge fund worth an estimated $10 billion at its peak was, by all means, a life-changing event for its co-founders Kyle Davies and Zhu Su. It appears that the trauma from the incident had been so

The top two decentralized derivatives platforms, dYdX and GMX, are head-to-head concerning liquidity and trading volumes. The perpetual swap daily trading volume on dYdX ranged between $340 million and $2.6 billion in March, per CoinGecko data. In comparison, GMX did less than $500 million in daily trading volumes. The open interest (OI) volume, which measures

Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry with its market capitalization growing significantly in Q1 2023 at other stablecoins’ expense. Tether market cap reaches $80 billion On April 6, the circulating market cap of USDT surpassed $80 billion for the first time since May 2022 with a

The most significant advantages of trading cryptocurrencies are quick profit generation, secure value storage, low fees and universal accessibility. Meanwhile, crypto assets’ inherent risk and volatility count as disadvantages. The main benefit of cryptocurrency trading is the potential to generate quick profits by taking advantage of short-term price movements and market trends. Some cryptocurrency traders

With one week to go until the Ethereum Shanghai and Capella upgrades on April 12, all eyes are on Ether(ETH). The second-largest cryptocurrency by market capitalization shrugged off rumors and regulatory action against exchanges to hit a seven-month high of $1,922 on April 5.  Ether price has momentum, and here are three strong reasons why. Multiple

Ether’s (ETH) price had been battling the $1,850 resistance level, but it broke through on April 4 when Ether rallied to a seven-month high above $1,900. Recently there has been a lot of speculation on Ether price catalysts. Let’s see if it’s possible to identify any fundamental factors behind the price movement.  The upcoming Shanghai

The founder of CryptoLaw, John Deaton, has revealed reasons why Judge Torres holds back on ruling the lawsuit between Ripple and the SEC. He made this clear in a video clip posted on Twitter. The lawsuit has been ongoing since December 2020, with the SEC alleging that the crypto firm executed the sale of its

As a Millennial who remembers the world before digital devices and the internet were everywhere, Sarah Zucker — aka The Sarah Show — is fascinated by the accelerated transition society at large is going through. “I feel as a Millennial that I’m part of this generational cohort that’s in this very unusual experience of having

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Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action. Analysis: BTC price push still “bear market rally” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp. The pair continued a rebound from one-week lows under $27,300 seen at the start of

This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman breaks down everything that has been happening between Twitter, Elon Musk and Dogecoin (DOGE). He also covers the Changpeng “CZ” Zhao arrest rumors and Japanese crackdowns on crypto exchanges. Bitcoin price bounces after CZ arrest rumors as traders eye $30K next Data from

Arbitrum suffered a big blow during the April 1 to April 2 weekend due to a conflict between the ARB token holders and the Arbitrum Foundation on the allocation of $750 million ARB tokens worth around $900 million. Data from on-chain analysis firm Arkham Intelligence shows that the transfer of $50.5 million out of the

The latest banking crisis could lead to “the first-ever extended duration bull market” for Bitcoin (BTC), according to Swan Bitcoin CEO Cory Klippsten. In an interview with Cointelegraph, Klippsten pointed out that far more people today know about Bitcoin as a tool to opt out of the traditional financial system than during the previous banking

The price of Shiba Inu (SHIB) increased over 10% in a day amid broader upside moves across meme cryptocurrencies in the past 24 hours. But will SHIB price rally further SHIB price tails Dogecoin’s gains On April 4, SHIB’s price reached $0.00001159 a day after rebounding from its local low of $0.00001049 — a 10.5%

Dakar, the capital of the West African nation of Senegal, now boasts an annual Pan-African Bitcoin conference, over 10 merchants accepting Bitcoin, a local peer-to-peer BTC exchange and a budding Bitcoin community. What’s more, the speed at which Bitcoin’s progress is unwinding is staggering. The city hosted the DakarBTC Days conference just 10 months after

Dogecoin (DOGE) pared a portion of its massive daily gains on April 4 as investors speculated on the meaning behind Elon Musk’s latest cryptic stunt. Elon Musk pumps Dogecoin by over 30% In what appears to be a late April Fool’s joke, Musk-owned Twitter changed its official blue bird logo to mimic Dogecoin’s symbol —

A member of the XRP community filed a Freedom of Information Act (FOIA) request back in early August 2022 regarding communications between the U.S. Securities and Exchange Commission (SEC) and banking giant JP Morgan involving Ripple Lab and XRP. In a new update, Ashley Prosper shared that the request continues to be delayed. Prosper is

After being robbed of $196 million in a flash loan attack, Euler Finance convinced its hacker within 25 days to return most of the funds. The outcome was a result of numerous to and fro, which eventually led the hacker to do “the right thing.” On March 13, the Euler Finance hacker carried out multiple

The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to halt some zero-fee trading. In an April 4 newsletter blockchain analytics platform Kaiko reported Binance “lost 16% market share of trade volume,” with its

XRP community attorney John E. Deaton, who is representing the holders of the token in the lawsuit between Ripple and the US Securities and Exchange Commission (SEC), has outlined in a new Twitter thread why the definitions of “investment” and a “contract” are fundamental to the district court’s ruling. Paul Grewal, the Chief Legal Officer