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According to a recent analysis by crypto YouTuber A Chain of Blocks, XRP — the cryptocurrency associated with Ripple — is outperforming other coins in combined social and market activity, according to data from Lunar Crush. As a result, the price of XRP has surged, with social volume and engagements
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Paris Blockchain Week 2023 brought together some of the biggest names in the blockchain and crypto industry. Starting on March 21, the three-day event turned out to be a net positive for the crypto industry, with prominent industry players coming together to discuss and share their thoughts on the decentralized
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“We’re seeing the XRP price jump by double digits and rally above its long-held resistance levels, as rumors filter through that Ripple and the SEC have possibly agreed to a settlement,” said Henry Liu, CEO of BTSE, in a Telegram message to CryptoX. Source
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According to a statement on Mar. 9, bank messaging platform Society for Worldwide Interbank Financial Telecommunications, or SWIFT, disclosed that the financial institution witnessed positive results related to its pilot test of linking different central bank digital currencies (CBDCs).During a 12-week testing period, SWIFT simulated nearly 5,000 transactions between two
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The SEC’s proposal that registered investment advisors be required to use an independent, regulated, qualified custodian is prudent and good for the digital asset industry. Qualified custodians, which have a fiduciary duty to clients, would hold client funds in segregated accounts. The custodian must also meet rigorous regulatory standards with
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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
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"Wages have decelerated in all meaningful forward-looking gauges, while housing is printing at extremes relative to reality in the CPI, meaning that we see a larger downside risk/reward in core relative to headline," Larsen noted, while forecasting positive contributions from energy component, prices for goods, including used cars, and fatigue
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Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist. Markus Thielen, the head of research and strategy at the financial services firm, told Cryptox the evidence shows that
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With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.Coinbase Global Inc (NASDAQ: COIN), a centralized publicly traded cryptocurrency exchange, recorded a slight bump in trading volume in January 2023, according to a report
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