US spot XRP exchange-traded funds (ETFs) recorded their first net outflow day since launch, with about $40.8 million exiting the products on Wednesday, ending a multi-week streak of uninterrupted inflows. SoSoValue data shows that the […]
Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry. The […]
The firm has started testing RLUSD on leading Ethereum L2 platforms. The launch reflects the growing demand for regulated stablecoins. RLUSD will go live on L2s after authorization by New York regulators. The cryptocurrency industry […]
Cryptocurrency company Ripple is expanding its regulatory footprint after securing authorization from the United Kingdom’s Financial Conduct Authority (FCA). The FCA granted Ripple’s UK subsidiary, Ripple Markets UK, an Electronic Money Institution (EMI) registration and […]
Zcash (ZEC) has staged a notable intraday recovery in the volatile world of privacy-focused cryptocurrencies. The token pumped following a sharp sell-off triggered by governance uncertainties at the Electric Coin Company (ECC). ZEC price has […]
Footwear conglomerate Nike has quietly offloaded RTFKT, the digital collectibles studio it acquired at the height of the non-fungible token (NFT) boom, according to a report by The Oregonian. The transaction reportedly happened in December, […]
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More than 56% of the Bitcoin network is now powered through sustainable means and is set to rise further as Bitcoin mining brings more green energy projects online, according to tech investor and ESG expert […]
TLDR: Ethereum currently trades approximately 35% below its 2021 cycle high while Bitcoin has surpassed prior peaks. The ETHBTC ratio indicates potential capital rotation from Bitcoin into Ethereum during BTC consolidation phase. Analyst identifies $4,850 […]
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