Ripple’s XRP has rebounded from a 25% drop, challenging the positions of traders shorting the altcoin. With $400 million in short positions at $2.70, a 10% rise in XRP could lead to significant liquidations. The market is highly volatile, driven by the
Nasdaq plans to list CoinShares’ XRP and Litecoin ETFs, potentially simplifying cryptocurrency investments. The Litecoin ETF is likely to receive approval, with an 80% chance, due to its status as a commodity free from SEC legal issues. The approval could set a
Coincheck Group N.V., based in Tokyo, saw a 75% revenue surge this quarter, totaling $785 million, highlighting the strong interest in digital currency. The company’s trading volume matched its revenue at $785 million, with customer assets increasing significantly by 72%, reaching $6.9
The digital currency market cap surged by 3.10%, highlighting renewed investor interest. Trading volume jumped by 22.27%, reaching $129.29 billion, indicating increased market activity. The Fear & Greed Index moved to a neutral 40, suggesting balanced market sentiment. Bitcoin gained 1.46% in
Robinhood reported over a fivefold increase in cryptocurrency trading volumes, hitting $71 billion in Q4. Crypto-related revenue surged by 700%, becoming crucial for Robinhood’s transaction-based earnings. Assets under custody grew by 88%, signaling strong investor confidence in digital and equity markets. CEO
The Midwest, particularly Arkansas and Oklahoma, is experiencing severe cold weather, with temperatures dropping as low as five degrees below zero. Residents in areas like Benton County and Tulsa to Pawnee should prepare for frigid conditions until Thursday morning, with a focus
Prominent crypto analysts predict Bitcoin could rise to $166,000, with some estimates as high as $200,000. These forecasts follow Bitcoin’s past performance, where springtime surges were witnessed. Bitcoin currently trades around $95,800, amid market pressures and tightrope balancing just above support zones.
Dogecoin is nearing a potential breakout, potentially exceeding $0.33. Recent weeks saw a bearish trend, with Dogecoin losing January’s gains. Analysts highlight a promising pattern, suggesting an upward trajectory. Trading fluctuated between $0.22 and $0.26 before stabilizing. Federal Reserve Chair Jerome Powell’s
The B3 token on Ethereum layer-3 reached an unprecedented high, trading robustly above $0.016. The token exists on Coinbase’s Ethereum layer-2 network, symbolizing a new era for gamers and developers. Participants in “Season 1” earned B3 tokens, redeemable until February 24, highlighting
Representative Bryan Posthumus initiates a push to integrate cryptocurrency into Michigan’s financial framework with three legislative proposals. The proposals aim to involve state officials in cryptocurrency investment, promote Bitcoin mining in industrial areas, and launch a Michigan-branded crypto coin backed by gold