Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.
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The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million.
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McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards.
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Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.
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The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.
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Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high.
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Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.
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Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.
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Ripple President Monica Long, in a recent interview with CNBC, endorsed the idea of an XRP exchange-traded fund (ETF), citing the regulatory clarity both XRP and Bitcoin hold in the U.S. Long emphasized XRP’s consistent presence in the top 10 assets by market cap and its high daily traded volume, supporting the potential for increased institutional interest in cryptocurrency.
Following suit, Ripple CEO Brad Garlinghouse suggested the inevitability of a spot XRP ETF, pointing out that diversifying ETF offerings with altcoins, including the anticipated success of Ethereum ETFs, aligns with investor preferences to mitigate risk across a single coin. This strategic direction hints at a broader acceptance and integration of digital assets in traditional investment portfolios.
Expanding its ecosystem, Ripple is set to introduce a stablecoin by the end of 2024, aiming to tap into the stablecoin market projected to reach a $3 trillion market cap within five years. This move positions Ripple to leverage the growing demand for stablecoins, particularly for payments and as a bridge asset even after the stablecoin’s launch, promising a robust expansion in global crypto-financial services.
Ripple, a prominent player in blockchain and crypto solutions, has partnered with Clear Junction, a leader in cross-border payments, to enhance GBP and EUR payout coverage for its customers. This collaboration aims to revolutionize Ripple’s payment services by providing instant and secure transactions, with plans to introduce more currencies later this year. Cassie Craddock of Ripple praised Clear Junction’s ability to meet diverse client needs and highlighted their shared vision for future expansions.
Clear Junction’s reputation for operational security is underscored by its FCA authorization and ISO 27001 certification, ensuring high standards of data security. Dima Kats, CEO of Clear Junction, emphasized the transformative role of blockchain and cryptocurrencies in banking and expressed enthusiasm about partnering with Ripple to drive innovation in financial services.
This partnership not only expands Ripple’s market reach—now serving hundreds of clients across over 55 countries—but also strengthens its infrastructure, enabling businesses to execute faster and more cost-effective transactions. This collaboration marks a significant step in utilizing technology to streamline global financial operations.