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May 2, 2024Bitcoin

Ethereum hits highest number of new wallets in nearly two years, exceeding 267K

Despite its continued price decline, Ethereum set a record of 267,000 new addresses on April 28 and 29, the highest number since October 2022. Amid an overall market decline, Ethereum has seen a notable increase in the number of new wallets, indicating interest in Ethereum...

May 1, 2024Ethereum

Experts Claim XRP Can Replace Demand for Dollars in Japan

Widely followed cryptocurrency commentator Jack Straw has suggested that XRP could replace demand for the U.S. dollar in Japan. Straw expressed this view in the news of Ripple’s latest partnership with HashKey DX, according to The Crypto Basic.

May 1, 2024Ripple

Cardano Price Prediction: Why ADA could drop to $0.30 in May

The Cardano price fell below $0.43 on May 1, which was another major drop after closing down 35% in April. On-chain metrics reveal the main reasons for the ADA price drop. In April 2024, Cardano’s price fluctuated significantly. As Bitcoin Halving Continues, Crypto...

May 1, 2024Ripple

Estimated timeline for Cardano to reach $45

With multiple entities predicting that Cardano could surge to $45, we have put together a possible timeline as to when this target could be achieved. Cardano (ADA) was not immune to the massive drop in the entire cryptocurrency market. At the current exchange rate of $0.44...

May 1, 2024Bitcoin

Shiba Inu team discusses the possibility of using SHIB to pay transaction fees on Ethereum

Shiba Inu market expert Lucie believes that SHIB is not suitable as Ethereum transaction fee at a time when the Ethereum network is being upgraded and Japan is launching a new SHIB/JPY trading pair. Lucie, Shiba Inu Ecosystem Marketing Lead, recently spoke about the importance of...

May 1, 2024Ethereum

Waves unlocks 500 million XRP custody, price retests $0.50

Ripple witnessed 500 million XRP being released from escrow in response to demand in May, and the latest escrow unlock occurred during a period of XRP price volatility. Data from XRPL explorer Bithomp shows that the transaction took place at 02:15 this morning (…

May 1, 2024Altcoins

Binance burns 1.7 billion Terra Classic, LUNC drops below $0.0001

Binance conducted a Terra Classic burn in May, burning more than 1.7 billion LUNC in one go, and the price fell below the structurally important level of $0.0001. Terra Classic Block Explorer Terra Finder...

May 1, 2024Altcoins

"Whale generously gave Coinbase 101,068,376,968 Dogecoins, facing a loss of 560K"

Cryptocurrency analyst Data Nerd reports that a crypto whale is facing a loss of $560,000 after depositing more than 101 billion Shiba Inu (SHIB) into Coinbase amid a major market drop. Cryptocurrency whales In a recent post, by Da...

April 30, 2024Ethereum, Bitcoin, Ripple

Ripple CTO slams Cardano founder’s response to Ethereum portal as absurd

The controversial “ETH Gate” dispute between Cardano founder Charles Hoskinson and Ripple CTO David Schwartz has heated up, with Schwartz recently expressing his displeasure with Hoskinson. ...

April 30, 2024Ethereum

SEC asks court to deny Ripple's motion to dismiss

The United States Securities and Exchange Commission (SEC) has filed a motion opposing Ripple’s request to rescind Andrea Fox’s statement. According to the latest news shared by experienced defense attorney James K. Filan, the SEC has recently decided to...

April 30, 2024Ethereum

Ripple expands presence in Japan, partners with HashKey to launch XRPL-based solution

Ripple and SBI Group recently partnered with Tokyo-based HashKey DX to apply XRPL technology to Japan, launching related solutions first in the supply chain finance industry. With the increasing popularity of blockchain technology, Ripple, as a leading enterprise-level blockchain...

April 30, 2024Ripple

Cardano whale transactions surge to 6-month high

Cardano has continued to see a surge in whale activity in recent times, with the number of daily transactions exceeding $100,000 reaching its highest level since November 2023. Cardano (ADA) has experienced a surge in whale activity in recent times, according to new data...

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