Stablecoins Surge: USDT Leads $400 Million Inflows, Signaling Investor Confidence

Stablecoins Surge: USDT Leads $400 Million Inflows, Signaling Investor Confidence

[ad_1] The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin inflows into exchanges, reaching record highs in January. Notable inflows were observed on January 2nd ($478 million), January 3rd … Read more

XRP Price Poised For Liftoff? Whale Holdings Soar Despite Ripple Hack

XRP Price Poised For Liftoff? Whale Holdings Soar Despite Ripple Hack

[ad_1] In a recent turn of events, Ripple faced a significant security breach resulting in the loss of $112 million worth of XRP. Despite this setback, the cryptocurrency community has witnessed remarkable resilience from XRP whales, who have chosen to maintain their coin holdings. This unwavering support, coupled with Ripple’s swift response, has instilled confidence … Read more

Binance Sets New Record: Spot Trading Volume Reaches $427 Billion

Binance Sets New Record: Spot Trading Volume Reaches $427 Billion

[ad_1] According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023.  Despite facing increased regulatory scrutiny and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, … Read more

Exploit Causes XRP Price Crash: Ripple Co-founder Discloses Losses Of $113 Million

Exploit Causes XRP Price Crash: Ripple Co-founder Discloses Losses Of $113 Million

[ad_1] XRP experienced a significant price drop early Wednesday amidst rumors of a potential exploit. The XRP price dropped more than 4% to $0.4853 but later recovered to $0.500 following a clarification from one of Ripple’s co-founders. Personal XRP Accounts Impacted, Not Ripple’s Initial reports suggested that Ripple had suffered a significant security breach, which … Read more

Billionaire Tim Draper’s Forecast: Bitcoin To Hit $250,000 By 2025

Billionaire Tim Draper’s Forecast: Bitcoin To Hit $250,000 By 2025

[ad_1] Renowned billionaire investor Tim Draper has again captured the crypto community’s attention with his bullish stance on Bitcoin. Despite missing his previous forecast 2018, where he predicted Bitcoin would hit $250,000 by 2022, Draper remains steadfast in his belief in Bitcoin’s potential. Bitcoin To Hit $250,000 By 2025 In a recent Bloomberg interview, Draper … Read more