Market analyst Pumpius says XRP futures trading volume jumped 208% in a single day to $12.4 billion, overtaking Solana’s $9.6 billion. Open interest rose 15% to $5.9 billion, and funding rates stayed positive, showing traders are paying a premium to hold long positions. Pumpius notes a correlation between futures volume, open interest, and positive funding….
On August 5, U.S. spot cryptocurrency ETFs displayed a sharp contrast in investor sentiment between Bitcoin (BTC) and Ethereum (ETH). According to on-chain and institutional ETF flow trackers, Bitcoin faced $196.2 million in net outflows, while Ethereum recorded $73.3 million in net inflows. This divergence points to a potential capital rotation from BTC to ETH,…
BlackRock has purchased $375 million worth of Ethereum this week. This move increases its holdings to 2.5% of Ethereum’s circulating supply. The acquisition contradicts reports of heavy outflows from its spot Ethereum ETF. BlackRock, the world’s largest asset manager, is doubling down on Ethereum. On-chain data from Lookonchain shows clear evidence of accumulation. BlackRock’s Ethereum…
Western Union is adopting stablecoins for faster, cost-effective cross-border payments, leveraging blockchain technology and the GENIUS Act to enhance remittance services and regulatory clarity.
Market analyst Pumpius says XRP futures trading volume jumped 208% in a single day to $12.4 billion, overtaking Solana’s $9.6 billion. Open interest rose 15% to $5.9 billion, and funding rates stayed positive, showing traders are paying a premium to hold long positions. Pumpius notes a correlation between futures volume, open interest, and positive funding….
On August 5, U.S. spot cryptocurrency ETFs displayed a sharp contrast in investor sentiment between Bitcoin (BTC) and Ethereum (ETH). According to on-chain and institutional ETF flow trackers, Bitcoin faced $196.2 million in net outflows, while Ethereum recorded $73.3 million in net inflows. This divergence points to a potential capital rotation from BTC to ETH,…
BlackRock has purchased $375 million worth of Ethereum this week. This move increases its holdings to 2.5% of Ethereum’s circulating supply. The acquisition contradicts reports of heavy outflows from its spot Ethereum ETF. BlackRock, the world’s largest asset manager, is doubling down on Ethereum. On-chain data from Lookonchain shows clear evidence of accumulation. BlackRock’s Ethereum…
Western Union is adopting stablecoins for faster, cost-effective cross-border payments, leveraging blockchain technology and the GENIUS Act to enhance remittance services and regulatory clarity.
XRP fluctuates around $3.00 after peaking at $3.65. Technical indicators suggest bearish momentum, with support at $3.00 critical for potential bullish reversal.
India-based cryptocurrency exchange CoinDCX has launched a high-stakes recovery initiative following the theft of $44 million from one of its internal operational wallets. Marking the second-largest known exchange exploit in India, this breach did not affect user funds but raised major concerns about platform security. Breach Details and Timeline The breach was first detected on…
India’s leading cryptocurrency exchange, CoinDCX, has approximately $44.2 million. The exploit, which targeted an internal operational wallet, has raised serious concerns about security practices in the rapidly expanding Web3 ecosystem. CoinDCX Hack Triggered by On-Chain Irregularities . Suspicious activity surfaced on-chain after an attacker received 1 ETH via Tornado Cash, a crypto mixer often associated…
Bitcoin Surges Past $122K, Setting Historic Price Record Bitcoin (BTC), the world’s leading cryptocurrency, reached a new all-time high of $122,540 today, marking another milestone in its upward trajectory. As the much-anticipated Crypto Week begins in the United States, bullish momentum continues to dominate the crypto market. At the time of writing, Bitcoin was trading…
Justin Sun’s meeting with Bo Hines highlighted TRON’s role in shaping U.S. crypto policy, emphasizing support for legislation like the GENIUS Act to enhance digital innovation and market confidence.
Soaring inflation and devaluing currencies in Sub-Saharan Africa have led millions to adopt cryptocurrencies, particularly stablecoins, for financial stability and autonomy, amid failing traditional banks.
