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Author: James Wilson
The XRP price regained momentum on Wednesday after the Securities and Exchange Commission ended its legal battle against Ripple. Ripple (XRP) rose to $2.55, up by almost 50% from its lowest level this year. This surge brought its market cap to over $146 billion. Ending the lawsuit marks a major victory for Ripple and signals that the SEC is increasingly open to working with the cryptocurrency industry. It also means that many banks and money transfer companies may now integrate RippleNet into their operations. XRP tokens to buy now A closer look shows that tokens in the XRP Ledger network…
Carl Erik Rinsch, director of the film 47 Ronin starring Keanu Reeves, has been charged with defrauding Netflix to buy cryptocurrencies and stocks. Rinsch, a Hollywood director and screenwriter, was arrested and indicted on fraud charges tied to an $11 million agreement with Netflix for a science fiction TV series called “White Horse.” According to the seven-count unsealed indictment, Rinsch secured a $44 million investment package in 2018 to fund the show’s production. Between 2019 and 2020, he obtained an additional $11 million in funding, which was transferred to a company wholly controlled by him. Rather than using the funds…
Whether you are new to the crypto space or an experienced hodler, it is no news that the crypto industry is known for its volatility. While Bitcoin and Ethereum witnessed their all-time highs this year, the prices still keep fluctuating. With such an extreme market, it becomes imperative to look for ways to earn a greater yield on your coins despite the market being bullish or bearish. This is where the crypto lending platforms step in to bring some stability in the otherwise volatile market. Simply put, crypto interest-earning platforms allow you to earn interest on your crypto assets as…
Working with the BNB (Binance Smart Chain) blockchain requires reliable data. Choosing the right API can make or break your project. This listicle dives into ten of the best BNB APIs and how each one offers different features for using on-chain data. Why Choose the Right BNB API? The right API provides: Accurate Data: Access to reliable and up-to-date information. Efficiency: Streamlined data retrieval, saving time and resources. Scalability: The ability to handle growing data demands. Cost-Effectiveness: Options to fit your budget, from free tiers to enterprise solutions. Bitquery’s unified BNB API offers unparalleled access to historical and real-time BNB…
EOS experienced significant volatility this week after developers announced a major rebrand and a shift toward a “new era in finance.” EOS (EOS) initially surged to a multi-week high of $0.6675 following the rebranding news before retreating to $0.5695. In a statement on Tuesday, developers confirmed that EOS will rebrand to Vaulta as it aims to become the leading blockchain for the finance industry. Vaulta will seek to bridge the gap between traditional finance and Web3, focusing on industries like wealth management, consumer payments, portfolio investment, and insurance. Its wealth management pillar will be powered by Ceffu, a network providing…
Futures open interest sees double-digit drop, but analysts predict a storm ahead for XRP
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple faces a futures drop, but analysts predict a rally, while Lightchain AI gains traction as a rising contender. Ripple price prediction; Futures open interest sees double-digit drop, but analysts predict a storm ahead for XRP. Despite recent declines in open interest, experts are anticipating a major rally for XRP in the near future. With the ongoing developments in its legal battles and growing institutional interest, Ripple is poised to make a strong comeback. While the market may experience…
Raydium has launched LaunchLab, a Pump.fun clone with unique pricing features, sparking divided opinions across the crypto community. Raydium has announced the launch of LaunchLab, a new platform designed for creating and launching tokens—similar to Solana’s Pump.fun, as originally reported by Blockworks. Raydium’s (RAY) LaunchLab is essentially a clone of Pump.fun—but better in terms of features. LaunchLab shines over Pump.fun in that it allows users to determine how a token’s price will change as its demand increases. The price change trajectory can be set to linear, exponential, or logarithmic. In addition to the post-launch price change behavior, third-party interfaces can…
Xandeum has launched pNodes, or Provider Nodes, in its devnet to address Solana’s storage limitations. These nodes will provide a scalable, decentralized file system designed to support data-heavy Web3 applications, according to a note shared with crypto.news. This development addresses one of Solana’s (SOL) key limitations: the lack of an efficient, scalable storage layer for smart contracts. While Solana excels in high-speed transactions and low fees, its architecture has traditionally relied on validators to store all program data, creating bottlenecks for data-intensive applications. Xandeum provides a decentralized solution that expands Solana’s storage capacity without compromising performance. pNodes essentially function as an…
Ripple CEO Brad Garlinghouse has announced that the U.S. Securities and Exchange Commission is dropping its appeal in the long-running legal battle over XRP. The case, which began in December 2020, accused Ripple of selling XRP (XRP) as an unregistered security. In a statement posted on X, Garlinghouse called the lawsuit a failed attempt by the SEC to regulate the crypto industry through enforcement. He described the case as “doomed from the start” and framed it as part of a broader government effort to “pick winners” in the crypto space. This is it – the moment we’ve been waiting for.…
Bitget Wallet Swap has unveiled its latest upgrade, Super DEX. The upgrade integrates smart trading tools, updated security and support for more than 130 blockchains. According to a press release sent to crypto.news, the non-custodial wallet has officially launched Super DEX on March 19 to accommodate for the growing demand for decentralized trading. The new upgrade grants users instant trading at twice the speed of a standard transaction, allowing them to keep up with the rapid changes in the market. Super DEX aggregates liquidity from hundreds of DEXs including Uniswap (UNI), PancakeSwap (CAKE), and Jupiter (JUP). The upgrade launch comes…