In December 2014, 43,000 XRP was purchased with 1 BTC. What’s Happening Today
In a recent post on X, crypto investor and analyst Dom (@traderview2) highlighted an intriguing observation regarding XRP’s performance relative to Bitcoin (BTC). Dom pointed out that in December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP. This
Bybit Proof Of Reserve Displays USDT, ETH, And BTC Changes
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends. Bybit Proof of Reserve Highlights Asset Fluctuations Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC
Ethereum spot ETF net inflow reaches $145m
According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec. 17, indicating growing institutional trust in financial instruments backed by Ethereum. With a notable $135 million inflows on the day, BlackRock’s ETHA topped the inflows and now has the most net inflow of
Pudgy Penguins Price Prediction: PENGU Plunges 54% After Launch As This Vote-To-Earn Meme Coin Presale Surpasses $7 Million
The Pudgy Penguins price plunged 54% in the last 24 hours to trade at $0.03117 as of 11:14 p.m. EST on trading volume that climbed to $2.2 billion. The PENGU price drop came after the non-fungible token (NFT) project’s much anticipated Dec.17 airdrop. Pudgy Penguins has distributed approximately half of
SOL Nears $260 Peak as Solana Leads Blockchain Ecosystems in 2024
Solana has retained its position as the most popular blockchain ecosystem in 2024, commanding 38.8% of global investor interest, according to a recent CoinGecko report. While Solana’s ecosystem dominance has faced a slight decline, dropping 10.5% since Q1, it continues to outperform competitors with its low gas fees, rapid transaction speeds,
Arkham Exchange Launches In US, Institutions Deepen Bitcoin Holdings
Arkham, a prominent blockchain data firm, has announced the launch of its spot trading platform in the United States. This marks a significant expansion of its services. This introduction comes after their earlier announcement about a perpetual contract exchange. However, the perpetual contract service was not available in the U.S.
In the $1 billion lawsuit over the removal of wBTC, Coinbase defends its token delisting policies.
Coinbase has responded to the $1 billion lawsuit filed by BiT Global Digital, defending its token listing practices. The lawsuit accuses the exchange of anticompetitive behavior for delisting Wrapped Bitcoin (wBTC) in favor of its own Coinbase BTC (cbBTC). Coinbase Reaffirms Its Listing Standards After the lawsuit was filed, Coinbase’s chief legal
The persistent deflation in China is a serious worldwide economic issue.
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are
Garlinghouse Supports Musk’s SEC Criticism
In a significant expression of solidarity, Ripple CEO Brad Garlinghouse has publicly supported Elon Musk’s recent critique of the U.S. Securities and Exchange Commission (SEC). This endorsement comes in the wake of escalating tensions resulting from SEC Chair Gary Gensler’s recent actions targeting Musk, drawing attention to the complex relationship between influential
Gold advocate Peter Schiff labels Bitcoin a “national security threat”
Peter Schiff, a well-known supporter of gold and a critic of Bitcoin, has sparked new conversations about cryptocurrency by calling Bitcoin a “national security threat.” In a recent post on X (formerly Twitter), Schiff said that Bitcoin’s misuse and increasing popularity hurt economic efficiency and waste resources. He said that Bitcoin
