XRP

The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation and employment data came in hotter than expected. While the start of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% of the move from February’s low

The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative remarks from regulators. As displayed

This week on The Market Report, the resident experts at Cointelegraph discuss the recent fear, uncertainty and doubt (FUD) around the popular cryptocurrency exchange Binance and what the CEO of Solana had to say about recent outages.  We kick things off with this week’s top stories Binance CEO responds to Forbes claims: ‘They don’t know

Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a decision after the final briefs were submitted by both parties about a month ago. The latest development in the lawsuit was the intervention of Forbes journalist Dr. Roslyn Layton, who filed a motion to intervene to ask

Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation due to geopolitical tensions and revenue decline, providers like Bitcoin Depot have started converting their physical Bitcoin (BTC) ATMs to software.  Bitcoin Depot recently converted all of its 7,000 crypto

Anatoly Yakovenko, the founder and CEO of Solana Labs has downplayed claims that Solana’s network outages were being caused by a high volume of validator messages and its on-chain voting system clogging its consensus layer. While the Solana Foundation confirmed in a Feb. 27 post that the “root cause” of the recent 20-hour network outage

Bitcoin (BTC) and the United States equities markets are trying to start the week on a positive note but some analysts are skeptical about the short-term prospects of the markets. According to Bloomberg Intelligence senior macro strategist Mike McGlone, Bitcoin will face significant resistance at $25,000. McGlone believes that it “may be a while before buy-and-hold

Blur, a NFT marketplace, has seen its trading volumes and total sell-side liquidity skyrocket since conducting an airdrop on Feb. 14, 2023. The reason for the spike could be the start of season 2 airdrops, where 10% of BLUR token’s total supply will be distributed to certain users based on their activity. The team allocated

Some cryptocurrencies are inflationary because the supply of coins increases over time. Inflationary cryptocurrencies use a combination of predetermined inflation rates, supply constraints, and mechanisms for distributing tokens to maintain the supply and incentivize participation in the network. Looking at their monetary systems, cryptocurrencies have various coin-creation and supply mechanisms. Inflationary cryptocurrencies have a steadily

Ukraine has received over $70 million in the form of cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with military equipment and humanitarian assistance. The figures came from a Feb. 24 report by blockchain data platform Chainalysis, which found the majority of the funds to have come in the form of Ether

The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year.  The CME FedWatch Tool shows a 73% probability

Bitcoin (BTC) is struggling to stay above $23,000 as the weekend approaches. The selling pressure increased after the personal consumption expenditures excluding food and energy rose 0.6% in January and 4.7% over the year, above market expectations of an increase of 0.5% and 4.4% respectively.  This could trigger fears that the United States Federal Reserve

Forbes journalist Dr. Roslyn Layton is receiving support for her motion to intervene in the lawsuit between Ripple Labs and the Securities Exchange Commission (SEC) seeking public access to the Hinman speech documents. Empower Oversight Whistleblowers & Research (EMPOWR) has expressed its support for the motion. EMPOWR is a nonprofit, nonpartisan organization that works to

The price action of Optimism (OP) and Fantom (FTM) tokens have been quite identical since the last quarter of 2022. The difference is, volatility is slightly higher for OP, which surged 240% year-to-date, compared to the 180% gains seen in FTM. The Fantom Foundation has made several improvements since Q4 2022, which have catalyzed an

USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across the industry, reported The Wall Street Journal. When a significant chunk of industry-wide firms is laying off staff to mitigate their financial woes, Circle has gone against the tide to hire more people.   41% of all layoffs

Yesterday’s ruling by a U.S. District Judge on Dapper Labs’ motion to dismiss a lawsuit alleging that NBA Top Shot NFTs are an unregistered security may have a “net positive” impact on Ripple’s case against the U.S. Securities and Exchange Commission. At least that’s what James “MetaLawMan” Murphy, an attorney and strategic advisor, claims. District

Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA Top Shots NFTs to play out.  U.S. attorney Jake Chervinsky made the comment after federal judge Victor

Artist name: Grant Riven Yun Location: Milwaukee Date minted first NFT: Feb. 3, 2021Which blockchains? Ethereum, Counterparty (Bitcoin) Who is he? Grant Yun has always been an artist at heart with an early aspiration to have his work featured at a major auction house. A curious and motivated individual, Yun is studying medicine while juggling his work

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is widely considered the most important precedent for the crypto industry. If SEC Chairman Gary Gensler and his agency prevail in the case, the crypto industry can expect an even tougher crackdown from the U.S. regulator. However, the motives could be