XRP price tests $2.40 support as Ripple co-founder offloads $120M
XRP price hovers near a key support level as Ripple co-founder Chris Larsen’s $120 million token sale stirs short-term caution ahead of major market catalysts. At the time of writing, XRP was trading at $2.43, down 0.1% over the previous…...
Read More
BitMine Still Buying The Dip, Tom Lee Has Scooped $1.7B ETH Since Crash
BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. The company scooped up $250 million in ETH from Bitgo and Kraken on Monday, according to Arkham Intelligence which said “These accounts match Bitmine’s prior acquisition pattern.” “Will Tom Lee ever...
Read More
Japan Eyes Major Crypto Rule Shift: Banks Could Soon Hold Bitcoin
Japan’s top regulator is reportedly weighing a policy change that would let banks offer Bitcoin custody and trading services. Japan Considering Allowing Banks To Offer Crypto-Related Services As reported by Japanese newspaper Yomiuri, Japan’s Financial Services Agency (FSA) is considering allowing banks to acquire and hold digital assets like...
Read More
Polygon, Sonic Labs co-founders criticize Ethereum Foundation for neglecting layer 2s
Tensions within the Ethereum ecosystem resurfaced after senior builders accused the Ethereum Foundation of neglecting layer 2 developers. Polygon co-founder Sandeep Nailwal said his loyalty to Ethereum is weakening, claiming the Ethereum Foundation has provided “no direct support” to his…...
Read More
Crypto.com and Travel Wallet partner on prepaid card, won-based stablecoin adoption
Crypto.com is teaming up with one of South Korea’s top fintech firms in a move that could bring crypto spending closer to everyday use. Crypto.com has signed a new partnership with South Korean fintech firm Travel Wallet to create a…...
Read More
Bolivia’s New Leader Declares War On Corruption With Blockchain
According to reports, Bolivia’s new president has put blockchain at the center of a plan to cut corruption and raise transparency in government finances. Rodrigo Paz Pereira, who won the runoff that ended nearly two decades of rule by the Movement for Socialism, has made clean government a clear...
Read More
Slerf completes refunds for $10M burned presale meme coins from March 2024
Slerf’s refund completion highlights accountability and resilience, setting a precedent for community-driven recoveries in the crypto space. The post Slerf completes refunds for $10M burned presale meme coins from March 2024 appeared first on Crypto Briefing....
Read More
South Korea’s FSC To Prohibit Stablecoin Interest Payments In Upcoming Framework
South Korea’s Financial Services Commission (FSC) will reportedly follow US regulatory steps and include a ban on stablecoin interest payments in its highly anticipated framework, expected to be released later this year. FSC To Prohibit Interest Payments on Stablecoins On Monday, Yonhap News reported that Financial Services Commission Chairman...
Read More
Ethereum core dev criticizes Vitalik Buterin’s influence, cites centralization
Centralized governance in Ethereum may hinder decentralization goals, risking protocol capture and diminishing developer engagement and innovation. The post Ethereum core dev criticizes Vitalik Buterin’s influence, cites centralization appeared first on Crypto Briefing....
Read More
Stock Market Insights: Stop Waiting & AI Growth Secrets! #shorts
A crypto miner is shifting focus to AI cloud services, utilizing its GPU infrastructure. The AI business is rapidly expanding, targeting over $500 million ARR by Q1 next year. Recurring revenue is what Wall Street wants. #cryptomining #AI #cloudservices #GPU #ARR...
Read More