Ripple has returned 700 million XRP, worth more than $1.05 billion, to escrow following the company’s latest monthly release of 1 billion XRP on October 1. According to the XRPSCAN data, the returned XRP was split across two transactions, with 400 million XRP transferred in one transaction and another 300 million XRP moved in a […]
Evernorth, the largest public XRP treasury company by Ripple and SBI, is getting closer to its expected October 7 NASDAQ debut under the ticker XRPN after shareholders approved its business merger with Armada Acquisition. The company plans to hold approximately 473 million XRP at closing, which would put the market value of its XRP treasury […]
Bitcoin ($BTC) is trading around $84,500 on Wednesday as buyers struggle to regain control following an unsuccessful attempt to establish a foothold above $85,000 earlier today. While Bitcoin remains firmly above several major moving averages, the short-term environment has become more challenging. Rising US Treasury yields are pressuring risk assets, while investors are also reducing […]
President Donald Trump will once again meet with top investors in his namesake meme coin on November 22. While not directly tied to other cryptocurrencies, artificial intelligence (AI) thinks the event could prove a tailwind for other digital assets, potentially pushing XRP price higher too. According to Finbold’s AI prediction agent, XRP could in fact […]
Bitcoin BTC$86,406.71 briefly topped $86,885 on Friday ahead of the latest U.S. jobs figures. The largest cryptocurrency by market capitilization eased to around $86,000 but remains around 1.5% higher on the day and up roughly 3% in October. The unemployment rate is expected to remain unchanged at 4.1%, while nonfarm payrolls are forecast to increase […]
El Salvador now has to comply with several Bitcoin-related conditions to secure a $1.4 billion loan program with the International Monetary Fund (IMF). The organization noted these demands following the completion of its second and third reviews that led to the immediate disbursement of $138 million to the country. Bitcoin in El Salvador: a brief […]
Bitcoin Needs Buying Demand to Offset Higher Yields Bitcoin traders face a month in which economic data could change rate expectations while higher Treasury returns compete with cryptocurrency holdings. Crypto exchange Bitfinex outlined that tension in its October macro outlook published Oct. 1. Its central view is that further gains require spot demand, or purchases […]
4.8 based on 40K reviews in the App Store and Google Play Arkham’s dashboard displays approximately 478,199 $BTC valued at $40.28 billion in Strategy-labeled wallets, alongside balance history and tracked transfers. Source: Arkham Intelligence. Wallet Tracking Meets Fidelity’s Pooled Custody Arkham’s tracking combines addresses associated with Strategy and assets attributed to Fidelity Custody, which holds […]
A notable transfer of 1,035 $BTC, valued at approximately $87.5 million, recently moved from an unknown wallet to Kraken. This transaction, highlighted by CryptoTwitter commentator @whale_alert, underscores the ongoing interest in Bitcoin, particularly from institutional players. As trading dynamics shift, this movement could influence market sentiment significantly. The Key Development The recent transfer of 1,035 […]
Bitcoin’s resurgence in relative strength signals a notable shift in market dynamics. According to a recent tweet by @glassnode, Bitcoin now outperforms the S&P 500 on more than 50% of trading days, a recovery from a weak stretch earlier this year. This improvement highlights growing interest in Bitcoin, as macroeconomic factors continue to influence the […]