XRP whales cap selling as wallet growth hits 8-month high
XRP saw record wallet growth and easing whale outflows, hinting at a potential market bottom despite the recent price weakness. Source link
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Bitcoin is finding grassroots strongholds across the US
Across the United States, Bitcoin is gaining traction far from coastal tech hubs, driven by cultural alignment, local educators and emerging state-level legislation. Source link
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‘Ethereum is scaling’ — ETH maxis cheer as TPS hits record 24K with Lighter
An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192. Source link
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Brevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise
The mining hardware maker said it’s refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States. Source link
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Bitcoin Is Infrastructure, Not Digital Gold
Opinion by: Thomas Chen, CEO of Function Bitcoin exchange-traded funds (ETFs) have solved the access issue but remain passive. What is needed now are credible, auditable, institutional-grade pathways to convert Bitcoin exposure into scalable yield. Bitcoin is evolving from a digital store of value into a form of productive capital. Continuing to treat Bitcoin (BTC)…
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Coinbase Exec Criticizes Banks’ Pushback to Crypto Charter Application
The Independent Community Bankers of America (ICBA) is coming out against cryptocurrency exchange Coinbase’s application for a National Trust Company Charter in the US — a move that could threaten banks’ interests as the company moves closer to traditional finance. In a Monday letter to the US Office of the Comptroller of the Currency (OCC)…
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Bitcoin Long-Term Holders Offload 400K BTC as Price Nears $100K Support
Key takeaways: Long-term Bitcoin holders sold 400,000 BTC over the past 30 days. Short-term Bitcoin holders panic-sell $3 billion in BTC at a loss. Bitcoin’s rising wedge targets $72,000 price as traders say BTC could drop as low as $60,000. Bitcoin (BTC) declined on Tuesday, falling more than 3.5% over the last 24 hours to…
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Ripple Buys Palisade to Boost Institutional Crypto Offering
Crypto services company Ripple has acquired the crypto custody and wallet company Palisade to expand its business and institutional-focused offerings. Ripple announced on Monday that Palisade’s wallet-as-a-service offering would be integrated into Ripple Custody, its crypto custody arm targeting banks, and stated that the acquisition aims to serve “fintechs, crypto-native firms, and corporates.” “Corporates are…
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How High Can Dash Price Go If It Copies October’s Zcash Rally?
Key Takeaways: Dash’s technical setup mirrors Zcash’s pre-breakout structure, implying a potential for a multi-hundred percent rally. Failure to break out could trigger a correction toward $69 or even the $14–$16 range. Dash (DASH) has emerged as one of the top performers in the crypto market, rallying by more than 385% over the past month….
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Binance Founder CZ Rejects Claim He Suggested Kyrgyz Crypto Bank
Binance co-founder Changpeng “CZ” Zhao has pushed back on reports that he has been driving a proposal to establish a crypto-friendly private bank in the Central Asian nation of Kyrgyzstan, where he provides advisory services. The rumors emerged after Kyrgyzstan President Sadyr Japarov told the Kabar news agency on Sunday that CZ had visited the…
