On Feb. 2, 2025, XRP oscillated at $2.57 to $2.61 over the last hour, its market valuation eclipsing $150 billion alongside a $12.19 billion daily turnover. Intraday fluctuations spanned $2.52 to $2.95 per XRP, mirroring intense volatility as supply overwhelmed demand. XRP XRP’s hourly chart reveals a dominant bearish trajectory, with prices faltering in attempts …
Continue reading “XRP Market Update: A Symphony of Bearish Signals Amplifies Downward Trajectory”
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, El Salvador de-risks its economy from bitcoin, Coinbase launches in Argentina, and Hive Digital expands its operations in Paraguay. El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn …
Elon Musk’s DOGE initiative targets a $4 billion daily spending cut with the ambitious goal of zero inflation by 2026, a move that could reshape the U.S. economy. Inflation Gone by 2026? ‘Super Big Deal,’ Says Elon Musk Elon Musk has shared an update regarding the progress of his Department of Government Efficiency (DOGE) in …
Since Donald Trump was sworn in, debate has intensified over replacing income tax with tariffs—a tactic free market purists contend is simply another form of economic interference—prompting this editorial to explain why tariffs are considered unworkable and to explore alternative funding methods for a minarchist-style government dedicated to protecting citizens. Examining the Economic Case for …
The fast-paced action, strategic depth, and optional crypto features of this basketball game make it enjoyable for traditional and Web3 players, whether or not they have experience in the genre. Quick Recap from The Machines Arena The Machines Arena is a fast-paced hero shooter blending action-packed gameplay with Web3 innovation. The Season 3 highlights brings …
Continue reading “Slam Dunk or Airball? Regina Tests out Rumble Kong League”
“This is undoubtedly my highest conviction macro trade for the year,” Bitwise executive and analyst Jeff Park wrote on social media.
A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP is in a precarious spot as the coin struggles to stay above a key price level. Pseudonymous analyst DonAlt tells his 640,100 followers on the social media platform X that XRP has lost its immediate support at $2.95 following Saturday’s marketwide …
Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK). In a new thread on the social media platform X, the developers behind ZKsync say that UBS is testing out its tokenized gold investment products on the blockchain as a means …
An independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. According to a recent audit by accounting firm BDO Global, Tether has $143.7 billion worth of reserves and about $136.613 billion worth of liabilities, bringing it to a surplus of about $7 billion. …
Continue reading “Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024”
As XRP continues its climb, racking up nods from global regulators and initiatives to expand adoption including a potential Grayscale XRP ETF and CME XRP futures, a shadow of doubt is cast upon its regulatory standing in the Chinese special administrative region of Hong Kong. Ripple’s XRP conspicuous for its absence On Jan 27, Hong …
Continue reading “Ripple’s XRP omitted from Hong Kong regulator’s approved list of cryptos”
As RUNE holders awake to more bad news and a plummeting token price, with the passing proposal 6 by a super majority, can the troubled cross-chain swapping protocol “get users liquid again?” THORChain ‘death spiral’ On January 24, CryptoSlate reported that THORChain had suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after …
Continue reading “As RUNE tanks a further 45% overnight, can THORChain turn its fortunes around?”
The U.S. has imposed new tariffs on Canada, Mexico, and China, igniting a trade war. Canada strikes back with billions in tariffs, Mexico retaliates, and China warns of consequences. US Tariffs on Canada, Mexico, and China Spark Retaliation and Economic Concerns A trade dispute is intensifying among the United States, Canada, Mexico, and China in …
On Sunday, Feb. 2, 2025, the price of bitcoin fell below the $100,000 mark, reaching an intraday low of $98,141. Selling Pressure Sends Bitcoin Below $100K It is not an ideal day for the world’s leading crypto asset, which has declined about 3% against the U.S. dollar over the past day. The 24-hour intraday high …
Continue reading “Bitcoin Falls Below $100K as Crypto Market Sheds $554 Million in Liquidations”
January has proven to be a captivating period for many crypto assets, with bitcoin (BTC) managing a 2.3% rise against the U.S. dollar since the onset of 2025. However, several other digital currencies recorded quadruple and triple-digit gains, while numerous coins experienced losses ranging from 55% to nearly 80% over the past month. Crypto’s 2025 …
This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain’s mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows. Though many proponents cheer this shift as a sign of operational efficiency, dissenters argue it signals troubling stagnation for the protocol’s …
