Crypto Liquidations Hit $470M as Bitcoin Drops, Altcoins Rise
Altcoin price increases prompted sales of Dogecoin, XRP, Stellar, and Sandbox, while Bitcoin declined after failing to surpass $100,000. Due to the fact that the prices of some of the top alternative cryptocurrencies from the 2020-2021 cycle increased by as much as fifty percent, more people sold Dogecoin, XRP, Stellar, and Sandbox than they normally […]
Ripple Unveils First Tokenized Money Market Fund on XRP Ledger
Ripple has launched a tokenized money market fund with Archax and abrdn on the XRP Ledger (XRPL). On Monday, Ripple, a cryptocurrency payments company, announced that it will launch its first tokenized money market fund in partnership with Archax, a Financial Conduct Authority (FCA) authorized cryptocurrency exchange, and abrdn, a UK asset management. The tokenized […]
Bitcoin ETFs Set Record with Over $3.1B in Weekly Inflows
U.S. Bitcoin ETFs saw record weekly inflows of $3.38 billion from November 18-22, a 102% increase from the previous week. Despite the exponential growth of Bitcoin ETFs domiciled in the United States that invest in spot Bitcoin have set a record high in terms of weekly inflows. According to the cryptocurrency tracking platform SoSoValue, spot […]
Ex-Partner Discards $716M Bitcoin Wallet
James Howells accidentally discarded an external drive with 8,000 Bitcoins in 2013, now worth 716 million pounds. The story of James Howells and his Bitcoin wealth, which was estimated to be worth 716 million British pounds (569 million pounds) and was buried in a landfill in Wales almost ten years ago, has taken a new […]
Pump.fun Faces Backlash Over Harmful Livestream Content
Pump.fun faces criticism for livestreams featuring dangerous behaviors, including self-harm and violent threats. Users are allegedly broadcasting dangerous and violent behaviors through the livestream feature of Pump.fun, which is a decentralized website for creating memecoins based on the Solana cryptocurrency. Pump.fun is a decentralized platform that enables users to generate memecoins operating on the Solana […]