-
Ethereum Whale Moves Coins to Kraken, Triggers Speculation of Selling
Data from Lookonchain, a blockchain analytics platform, on October 20, revealed a significant movement of Ethereum (ETH) coins by an unidentified whale to Kraken, a popular cryptocurrency exchange. The transaction indicated a potential sale, suggesting that the whale may be looking to capitalize on its Ethereum holdings. The move caught the attention of market participants,…
-
MultiversX Announces Partnership with Google to Accelerate Web3 Adoption
In the exciting world of crypto, the Metaverse has emerged as one of the hottest trends. Embracing this wave, MultiversX, formerly known as Elrond, has taken the lead and showcased their vision at the recently held xDay 2023 event in the Palace of Parliament, Romania. As day two of the event unfolded, the MultiversX team,…
-
The Convergence of Financial Behemoths: Catalysts for the Crypto Bull Market
Following recent comments by US Federal Reserve chair Jerome Powell that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global Capital, and the Gemini crypto exchange, alleging fraud exceeding $1 billion, created some…
-
Ripple and Executives Clear SEC Allegations: Unfolding the Next Chapter
Ripple, the San Francisco-based fintech company, has emerged victorious once again as the US Securities and Exchange Commission (SEC) dismissed all charges against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. This marked the third consecutive win for Ripple in its long-standing legal battle with the SEC, signaling a major setback for the government…
-
Basel Committee Proposes Standardized Disclosure of Crypto Assets by Major Banks
The Basel Committee has mandated major banks to disclose their crypto asset holdings and activities, starting from January 2025. Comprising banking regulators from major global financial hubs, the committee aims to strengthen market discipline and provide investors with comprehensive insights into digital currency involvement within financial institutions. Enhancing Disclosure Standards on Crypto Holdings: The proposed…
-
Ripple Partners with Tokentus Investment AG to Boost XRPL Accelerator Program
In a significant move aimed at propelling the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has teamed up with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector. Through their partnership, Ripple seeks to support emerging start-ups by providing mentorship and guidance as part of the XRPL Accelerator…
Market Capital Research 