Crypto news

Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX.  Metro Bank Shares The sharp surge in stock price comes as Metro Bank announced a £325 million ($395.6 million) capital raise and £600 million in debt refinancing on Sunday, October...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

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Stellar lumen price is gaining pace below the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1135 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.1132 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1150 resistance. Stellar lumen price is trading below $0.1150 against the US Dollar, like Bitcoin. XLM price could...

XRP price started a downside correction below the $0.532 zone against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.535 resistance. XRP price is consolidating near $0.520 against the US Dollar, like Bitcoin. It must stay above the...

Elliptic analysts had predicted that the amount laundered through DEXs, bridges, and coin swaps would rise to $6.5 billion by the end of 2023 and $10.5 billion by 2025. Blockchain analytics platform Elliptic has found through recent on-chain analysis that criminals, including the notorious North Korean hacking group Lazarus, have laundered approximately $7 billion of illicit cryptocurrencies through decentralized exchanges (DEXs), cross-chain bridges, and coin swap services....

Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally, there has been a significant redemption of keys on Friend.tech, with reports of ongoing sim swap attacks casting a shadow over the network. Massive Drop in Friend.tech TVL A data and research analyst, Tom Wan, recently released an X thread exposing the...

Cryptocurrency exchange-traded funds (ETFs) have recently been trending as many companies seek approval to trade, stirring up a wave of enthusiasm and anticipation throughout the crypto community. As financial vehicles that track the price of cryptocurrencies, these ETFs offer a novel and seemingly more accessible way for investors to enter the crypto market. However, amidst the euphoria and bullish outlooks, it is crucial to cast a discerning eye on the potential dark side...

TL;DR Ripple (XRP) outperforms Shiba Inu (SHIB) in Google search interest. Shiba Inu gets more social mentions than XRP but receives similar engagement, raising questions about social dynamics around these cryptocurrencies. Ripple v. Shiba Inu: The Search Volume Battle It goes without saying that Ripple (XRP) and Shiba Inu (SHIB) are two of the most electrifying communities in the cryptocurrency field. They are undoubtedly among the most popular altcoins, but it turns out...