Sharplink Gaming has announced a $200 million share offering priced at $19.50 per share. Proceeds are expressly earmarked to expand the company’s holdings of Ethereum (ETH), with an ambitious goal to acquire treasury reserves equivalent to 1% of the cryptocurrency’s… Read More »Sharplink Gaming Seeks $200 Million to Expand Ethereum Treasury Stash, Target 1% of Supply
The cryptocurrency market witnessed a significant shift in July as altcoins surged while Bitcoin’s dominance declined substantially. Market data reveals Bitcoin dominance retreated by 5.2% to 60.6%, with altcoin dominance rising 10% to 39.2%. Ethereum spearheaded the altcoin resurgence, fueled… Read More »Altcoins Rally in July as Bitcoin Dominance Retreats to 60.6%
Binance has launched a new integration with Mastercard, allowing users in Europe to instantly convert cryptocurrencies into fiat currency. The feature is natively accessible within Binance’s ‘Buy & Sell Crypto’ section, offering real-time withdrawal and conversion capabilities for supported digital… Read More »Binance Enables Instant Crypto-to-Fiat Withdrawals in Europe via Mastercard Integration
President Donald Trump has signed an executive order designed to tackle debanking practices within the cryptocurrency sector, aiming to alleviate restricted access to essential banking services faced by crypto companies. The order requires federal regulators to assess complaints submitted against… Read More »Trump Issues Executive Order to Combat Debanking of Crypto Firms, Mandates Bank Review
Ethereum could reach $16,000 should its ETH/BTC ratio return to the 0.14 level witnessed during the 2021 market peak, according to analyst projections. This surge scenario hinges on Bitcoin simultaneously revisiting its prior all-time highs and renewed institutional demand accelerating… Read More »Analyst: Ethereum Poised for $16,000 Surge if ETH/BTC Ratio Reclaims 2021 Peak
Ripple Chief Technology Officer David Schwartz has positioned the XRP Ledger’s newly launched Ethereum Virtual Machine (EVM) sidechain as a catalyst for accelerating experimentation and innovation within the ecosystem. The integration enables developers familiar with Ethereum’s programming environment to build… Read More »Ripple CTO Champions Ethereum Sidechain to Drive XRP Ledger Innovation and Developer Engagement
Japanese financial giant SBI Holdings has filed proposals for exchange-traded funds (ETFs) tracking Bitcoin and XRP, aiming to mainstream cryptocurrency investments within the country. This initiative leverages SBI’s strategic alliance with Ripple and aligns with Japan’s established regulatory framework for… Read More »SBI Holdings Proposes Bitcoin and XRP ETFs in Japan, Explores Gold-Backed Product
A pivotal ruling in the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs carries profound implications for future cryptocurrency regulation and Web3 enterprises, potentially establishing critical precedents for the industry. The decision directly impacts Ripple’s native token XRP and… Read More »Ripple Labs Lawsuit Outcome Poised to Reshape Crypto Regulation and Market
Ethereum is demonstrating a liquidity trap price pattern reminiscent of the setup observed in July, potentially signalling another imminent upward breakout as market positions are realigned. The recurring pattern involves an initial false breakout followed by a sharp reversal, effectively… Read More »Ethereum Exhibits Liquidity Trap Pattern, Signals Potential Breakout Similar to July Surge
The Shiba Inu blockchain witnessed a dramatic surge in its token burn rate, skyrocketing by 3,464% within the last 24 hours. A substantial 9.61 million SHIB tokens were permanently removed from circulation in that period, highlighting significant activity by the… Read More »Shiba Inu Token Burn Rate Skyrockets Amid Strong Community Participation
Ripple has secured a $200 million deal to acquire Toronto-based payment platform Rail, pending regulatory approvals. The strategic acquisition targets significant enhancements to Ripple’s payment infrastructure while amplifying the utility and market position of its XRP and RLUSD tokens. Execution… Read More »Ripple Acquires Payment Platform Rail for $200 Million to Boost XRP and Stablecoin Strategy
Paxos Trust Company has resolved a significant regulatory dispute, agreeing to a $48.5 million settlement with the New York Department of Financial Services (NYDFS) stemming from compliance failures related to its partnership with Binance and the Binance USD (BUSD) stablecoin.… Read More »Paxos Settles $48.5 Million with NY Regulators Over Binance Partnership Issues, SEC Probe Concluded
The Ethereum blockchain has achieved unprecedented levels of activity, setting a new daily transaction record of 1.74 million. This milestone surpasses the previous all-time high of 1.5 million daily transactions, underscoring significant growth. Concurrently, the number of active wallets on… Read More »Ethereum Network Activity Hits Record High on DeFi Revival and Institutional Interest
Blockchain technology is fundamentally reshaping the agricultural sector by enabling unprecedented supply chain visibility, drastically reducing food waste, and securing fair compensation for farmers. Industry innovations deploy immutable ledgers to track produce from farm to consumer, ensuring quality assurance for… Read More »Blockchain Revolutionizes Agriculture with Enhanced Transparency and Farmer Empowerment
Tron (TRX) exhibits strong bullish indicators amid growing adoption and favorable on-chain metrics, suggesting a potential price breakout above $0.35. The momentum is driven by heightened network utility and overwhelmingly profitable positions among holders. Last week, TRX processed over 8.29… Read More »TRX Gains Bullish Momentum as Network Activity and Holder Profitability Surge
Several U.S. stocks with significant Ethereum exposure surged in pre-market trading following Ethereum’s substantial price appreciation, with analysts suggesting these equities may offer superior investment prospects compared to Ethereum exchange-traded funds (ETFs). Companies including SharpLink (SBET), BitMine (BMNR), and BTCS… Read More »ETH-Linked Stocks Outperform After Ethereum Rally Spurs Investor Interest
Binance Coin (BNB) exhibits renewed upward momentum with key technical indicators pointing towards a potential recovery. Trading volume surged by 4.12% within 24 hours, a signal of growing investor interest driving the current price to $774.98, marking a 2.06% daily… Read More »BNB Bullish Recovery Emerges Amid Market Caution Advisories
XRP is experiencing renewed concerns over potential price pressure as large holders, often referred to as ‘whales’, increase the distribution of their assets. Analysts warn this trend could negatively impact the cryptocurrency’s value. Currently trading at $3.08, XRP has shown… Read More »XRP Faces Price Pressure as Whales Resume Asset Offloading, Warn Analysts
XRP requires a 28% price surge to reclaim its record high, trading near $3.08 against its all-time peak of $3.80. Market analysts identify recent legal successes, particularly the decisive victory in the long-running SEC lawsuit, as a pivotal factor restoring… Read More »XRP Seeks 28% Gain to Reclaim All-Time High Amid Legal Tailwinds
Paxos Trust Company, a significant player in the cryptocurrency issuance space, has finalized a settlement agreement with the New York Department of Financial Services (NYDFS), the state’s primary financial watchdog. The agreement requires Paxos to pay a $48.5 million penalty.… Read More »Paxos Trust Agrees to $48.5 Million Settlement with New York Financial Regulator