Tag: Digital Assets

citi-alumni-startup-launches-xrp-backed-securities

Citi Alumni Startup Launches XRP-Backed Securities

A group of former Citigroup executives has founded Receipts Depositary Corp. (RDC), a startup that is expanding its product suite by launching XRP-backed securities. This move will provide institutions with access to XRP securities...
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Bitcoin Price Plunges Below $97K Amid Failed Rally

Bitcoin Price Dips Below $97K Amid Market Volatility In the ever-fluctuating world of cryptocurrency, Bitcoin recently experienced a significant drop in price, falling below the $97,000 mark. This sudden decline followed a brief rally, adding...
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UNI Performance Update: Index Trading Lower, UNI Down 4.2%

The latest market update from CoinDesk Indices reveals some interesting movements within the CoinDesk 20 Index. As of February 4, 2025, at 2:11 p.m. UTC, the index is currently trading at 3366.83, marking a...
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Ethereum Co-Founder Transfers $72 Million in ETH to Kraken Exchange

Ethereum co-founder, Jeffrey Wilcke, recently transferred a significant amount of ETH to the Kraken exchange. The transfer amounted to 20,000 ETH, which is worth over $72 million. This is the fourth time Wilcke has...
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Navigating the Memecoin Mania: Binance Founder Urges Utility Innovation

Binance founder Changpeng Zhao has raised concerns about the current hype surrounding memecoins and is calling for more focus on developing utility-driven tokens. In a recent post on social media, Zhao acknowledged the popularity...
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Understanding SEC Chair Gary Gensler’s Actions: Insights from Tyler Winklevoss

Former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss has strong opinions about SEC Chair Gary Gensler's recent actions. In a post on X, Winklevoss expressed his belief that Gensler's behavior cannot be...
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Societe Generale Launches Stablecoin on Ripple’s XRP Ledger for Increased Adoption

Societe Generale, through its crypto subsidiary SG-FORGE, has made a significant move by extending its EUR CoinVertible (EURCV) stablecoin to Ripple's XRP Ledger. This decision comes as part of SG-FORGE's strategy to expand its...
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Altcoin Traders Lose $343 Million as Bitcoin Hits $82k – Over $590M Liquidated

Over the past 24 hours, the crypto market experienced liquidations totaling over $590 million, affecting 194,284 traders, as reported by Coinglass. The largest single liquidation order, valued at $15.56 million, took place on OKX’s...
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Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale

World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
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US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin

In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...