XRP

Top 5 cryptocurrencies to watch this week: BTC, XLM, CRO, BNB, LTC

Data from Skew shows Bitcoin’s (BTC) spot volume on LMAX Digital, an exchange that mainly caters to institutions, has overtaken retail-oriented exchanges. This signals that institutional investors could be building up positions as they expect the price to move higher in the future. Along with spot purchases, institutional investors’ participation in the derivatives market has …

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Price analysis 10/16: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Chicago Mercantile Exchange’s cash-settled Bitcoin (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings in a new report by investment firm Wilshire Phoenix. The increasing volumes of crypto derivative products highlight greater participation from institutional investors and this will likely be positive for the entire crypto space. …

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Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Bitcoin is making gains Friday while ether options traders on the Deribit exchange love $400 strikes. Bitcoin (BTC) trading around $10,050 as of 20:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $10,834-$11,111 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading …

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Japan’s Messaging Giant Line Introduces Crypto Lending Services

Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging software company, Line Corp., is a firm that developed the freeware …

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XRP Ledger blockchain energizes decarbonization, but tokenization a challenge

As tech giants like Google and Facebook announce plans to become carbon-neutral businesses by 2030, smaller companies are doing the same. The only difference is that innovative startups are taking clever approaches that seek to be more effective than those implemented by large, centralized companies. For example, Ripple — a fintech company that allows banks, …

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Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens

Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap. The cryptocurrency exchange Kucoin …

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Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016

Bitcoin stuck around $10,400 for most of Tuesday. Meanwhile, ether holders are increasingly choosing smart contracts to park the cryptocurrency. Bitcoin (BTC) trading around $10,494 as of 20:00 UTC (4 p.m. EDT). Gaining 0.10% over the previous 24 hours. Bitcoin’s 24-hour range: $10,357-$10,532 BTC above its 10-day moving average but below the 50-day, a sideways …

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Bithumb found ‘partially liable’ for a 2017 hacking incident

A judge in the Seoul Central District Court dismissed two claims filed by individuals against the controversial crypto exchange, Bithumb. The individuals were seeking $126,000 and $38,000 respectively for damages related to a data breach incident back in 2017. According to Fn News, plaintiffs Hong and Seo (both named only by their surname) stated that …

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Youtuber Explains How Crypto Scammers Took Control of His Account

The modus operandi of crypto scammers differ in each case as it happens with the rest, but this time, a popular Youtuber who has 2.43 million subscribers explained on August 20 how his channel was seized by hackers to launch an XRP fake giveaway campaign. According to a video published by David Damasceno, who runs …

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Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked

Bitcoin made a major gain Monday while investors have locked over $6 billion in crypto into various DeFi services. Bitcoin (BTC) trading around $12,332 as of 20:00 UTC (4 p.m. ET). Gaining 4.1% over the previous 24 hours. Bitcoin’s 24-hour range: $11,774-$12,485 BTC slightly above its 10-day and 50-day moving averages, a bullish signal for …

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