ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC. The executive warned that a decline to $1,857...
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Cardano Drops 32% Since Being Snubbed For Bitcoin-Only Reserve: What Is Going On?
Cardano (CRYPTO: ADA) has plunged 23% over the past week following the decision to not include it in the strategic crypto reserve. What Happened: President Trump’s announcement on March 2 of Cardano being included in a crypto strategic reserve triggered a 58% price surge. Just days later, Trump signed...
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XRP Rises More Than 7% In 24 hours
Over the past 24 hours, XRP’s (CRYPTO: XRP) price has risen 7.2% to $2.32. This is contrary to its negative trend over the past week where it has experienced a 11.0% loss, moving from $2.59 to its current price. As it stands right now, the coin’s all-time high is...
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$323 Mini Bitcoin Miner – NerdQAxe Review
I just got a new $323 Mini Bitcoin Miner that could mine me 3.125 Bitcoins at home, and it’s silent! This Bitronics NerdQAxe, a custom upgraded Bitaxe by Nerdminer, is one of the newest and profitable BTC mining rigs for solo mining in your house. How’s it compare to...
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Franklin Templeton joins XRP ETF race as Ripple’s lawsuit reportedly nears resolution
Franklin Templeton has filed to launch an exchange-traded fund based on Ripple’s XRP, joining Bitwise, Canary Capital, and others in the XRP ETF race. Franklin Templeton has filed to launch Ripple (XRP) ETFs, tracking its spot price minus fees. The…...
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XION achieves MiCA milestone as first regulated layer 1 blockchain
XION, a layer 1 blockchain backed by Circle and Multicoin, becomes the first mainnet platform to comply with European Union regulations. The walletless blockchain, focused on bridging web2 and web3, announced the milestone in a press release shared with crypto.news…...
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Crypto for Advisors: Memcoins
Memecoins have been in the news lately, primarily driven by the launch of the President’s $Trump coin. Recently, the U.S. SEC clarified that, for the most part, memecoins are not securities as they don’t meet the Howey test. That doesn’t mean clients won’t be asking questions about these assets,...
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Crypto’s IRS Victory Reveals Reach in Congress That Demands Less Compromise
U.S. crypto lobbyists watched with excitement in recent days as a pair of votes cemented what they’d hoped: Congress is on their side. The industry that battled with pariah status just three years ago has staunch allies now in the White House and inside the U.S. financial agencies, and...
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XRP Lawsuit: Lawyer Unveils Shockingly Simple Way To End It
In a possible turning point for the XRP lawsuit, Fox Business journalist Eleanor Terrett reported on Wednesday that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. “Two well-placed sources tell me that the SEC vs. Ripple case […] could be over soon,” Terrett...
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Crypto’s DeFi Education Fund Swaps Directors as Miller Whitehouse-Levine Moves On
One of the leading U.S. advocates for decentralized finance (DeFi), Miller Whitehouse-Levine, is departing his job as executive director of the DeFi Education Fund, where he’ll be replaced by the group’s chief legal officer, Amanda Tuminelli. Whitehouse-Levine, a fixture in U.S. crypto circles, will remain on the organization’s board,...
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