XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing…
The US Senate Banking Committee voted 15-9 on Thursday to advance the Digital Asset Market Clarity Act, clearing the most significant procedural hurdle yet for comprehensive crypto market structure legislation and setting up a full Senate floor vote in the coming weeks. All 13 Republican members of the committee were joined by Democrats Ruben Gallego…
Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past…
CharuSan XRP, a market analyst, believes the XRP price could rise immediately to $300 once banks begin using it as a global settlement asset. The analyst framed this high price as a basic requirement for XRP to function as a global payment rail, not a speculative move. Furthermore, CharuSan noted that people who believe Ripple’s…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Traders cashed out nearly $1.2 billion worth of Bitcoin in a single day last week — a sign that the recent recovery may be running out of steam. Related Reading On May 4, investors sold 14,600 Bitcoin, pushing daily realized profits to their highest point since early December. According to CryptoQuant, that kind of selling…
A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to…
XRP investment products witnessed a notable spike in inflows last week. CoinShares data shows that XRP products attracted $39.6 million last week, a 1,220% jump from the modest $3 million recorded in the previous week. The move came as digital asset investment products posted their sixth straight week of inflows, bringing in $857.9 million across…
The Senate Banking Committee will mark up the Digital Asset Market Clarity Act on Thursday, but the legislation arrives at the dais carrying more than 100 amendments — the bulk of them from Democrats who want to gut, rewrite, or weaponize portions of the bill that Republican negotiators believed were already settled. According to a…