Crypto news

[unable to retrieve full-text content]CoinspeakerBitcoin Sudden Decline to Below $63K and Its Market-Wide Impact The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF. Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact

[unable to retrieve full-text content]CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows

[unable to retrieve full-text content]CoinspeakerRipple Honored with Best Cross-Border Payment Platform Award in 2024 Despite the challenges, Ripple's commitment to its core values has remained unwavering. The company's dedication to simplifying international payments for everyone has been a driving force behind its success.  Ripple Honored with Best Cross-Border Payment Platform Award in 2024

The crypto market is rallying, and the bull run has favored some projects lately. A few of them are BOOK OF MEME (BOME), Myro, and PepeFork. These coins are making waves within the crypto sphere. Despite a 38.32% decline, Booke of Meme maintains a market cap of $610,931,657, with 55,199,727,655 BOME coins in circulation. Myro showcases a remarkable 12.76% increase, boasting a market cap of $270,364,422 and a circulating supply of 944,203,815 MYRO coins. At the...

Partisia Blockchain, a trailblazer in cutting-edge blockchain technology, has garnered widespread attention with the recent listing of its $MPC token on several prominent exchanges. This groundbreaking move not only signifies a significant milestone for Partisia Blockchain but also highlights the increasing adoption of advanced security measures within the digital asset landscape. The $MPC token gained listing on Bitfinex, BitMart, Bitrue, KuCoin and MEXC. The...

ADA price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.7020 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.680 and $0.700 resistance levels. Cardano’s price is struggling below $0.700 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $4,100 resistance against the US Dollar. ETH price is now trading below $3,750 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,640 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,650 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

Binance has cleared its personnel from the allegations surrounding Book of Meme (BOME), a meme coin built on the Solana blockchain. The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter. Binance Responds to Allegations In an official statement released on X, the exchange emphasized its commitment to maintaining transparency and fairness...

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...

TL;DR XRP sees modest growth but remains a topic of interest, with expectations of a potential rally and increased adoption by exchanges. Other trading venues that have already embraced the asset include Gemini, Coinbase, Kraken, and many more. Despite its brief price surge last week, Ripple’s XRP is still trailing behind the leading cryptocurrencies. It is currently hovering at the $0.60 mark (per CoinGecko’s data), a 9% increase on a monthly scale. However, it remains a...