Ripple, a blockchain-based payment protocol and cryptocurrency originator, has released its Q1 2024 XRP Market Report, providing insight into the state of the cryptocurrency market, related XRP ledger and XRP-related announcements, as well as market developments in previous quarters. This report demonstrates Ripple’s commitment to transparency and regular updates, demonstrating its belief in proactive communication and building trust across the industry.Cryptocurrency Market SummaryAccording to Ripple, the first quarter of 2024 saw a number of noteworthy market developments, including continued demand for BTC spot ETFs in the U.S., growth in centralized and decentralized exchange volume, major…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Solana trader’s $780,000 profit highlights the cryptocurrency’s potential as InQubeta catches the attention of Ripple whales with its innovative features. An anonymous Solana (SOL) trader recently took advantage of a price discrepancy on the Solana blockchain to make a significant profit of $780,000 in just 15 minutes. This impressive performance demonstrates the potential for significant profits in the cryptocurrency market. Meanwhile, in another development, rising altcoin InQubeta (QUBE) has gained the attention of Ripple (XRP) whales with its innovative…
Last November, we invited the Ethereum community to help us measure how we are doing, what we can improve, and how we can best communicate with all of you as we move toward the launch of the genesis block in March. We’ve created a simple survey for you. We believe it is very important to enable the community to interact with Ethereum as well as with Ethereum itself, and we hope to use the survey results as a guide to provide new and exciting tools to do so. The survey itself consisted of 14 questions divided into two sections. Ethereum…
The price of ADA appears poised to reach $0.50, which would reduce the percentage of losing holders to less than 55%. Whale concentrations are above 2021 levels, which suggests prices could move closer to $3 later. Surprisingly, Cardano (ADA) has become the best-performing asset among the top 10 cryptocurrencies. At press time, ADA was changing hands at $0.48, up 7.28% over the last 24 hours. Previously, AMBCrypto reported how Cardano could soon exit the top 10 by market capitalization. However, the token seemed to have other plans as its price helped it gain a solid position in the rankings. But…
Thomas John Sfraga, also known as ‘TJ Stone,’ pleaded guilty to fraud charges in Brooklyn federal court on Thursday.Sfraga promised investors up to 60% returns within three months on its fake cryptocurrency digital wallet, according to data released Friday by the U.S. Department of Justice. Instead, he allegedly used some of his funds to pay those who fell victim to his plans. He faces up to 20 years in prison and $1.33 million in restitution, according to a Justice Department release.“For years, Sfraga shamelessly lied to friends, neighbors and investors, embezzling more than $1.3 million in hard-earned life savings,” U.S.…
join us telegram A channel to stay up to date on breaking news coverage Tether Operations Limited, a dominant player in the digital asset sector, has partnered with mobile payment application Oobit and the TON Foundation to transform the use of cryptocurrency for payments. This collaboration aims to provide users with a smooth and convenient trading experience. A joint effort to transform cryptocurrency trading and expand global accessibility Tether recently introduced USD₮ and XAU₮ to TON, allowing for easy transfers within the TON ecosystem. This move improves the speed, security, and cost-effectiveness of cryptocurrency transactions. With $200 million worth of…
Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics for the first quarter (Q1) of 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism is seeing higher activity and rising trading fees. According to Messari recently: reportOptimism’s circulating market capitalization increased 11% quarter over quarter to $3.7 billion, while its fully diluted market capitalization increased 1% to $15.7 billion. Despite being wider Cryptocurrency Market RallyAs Bitcoin (BTC) and Ethereum (ETH) rose 69% and 53%, respectively, compared to the previous quarter, OP’s market capitalization ranking fell from 26th to 39th…
Paradigm change in Bitcoin perception Bitcoin (BTC) was once considered a speculative asset, but is increasingly accepted as a strategic reserve by businesses, corporations, and governments around the world. According to data from BitcoinTreasuries.com, a significant portion of the limited 21 million Bitcoin supply is currently held by a variety of entities, indicating a significant shift in the perception and use of Bitcoin. Bitcoin: Is it a Respectable Investment? Bitcoin’s transition from a speculative asset to a strategic reserve is influenced by several factors. Their inherent scarcity, their role as an inflation hedge, increasing institutional…
Share this article After a gap of almost two years, the trader known as RoaringKitty We’re back on social media Keith Gill, RoaringKitty’s real-life identity, was largely credited with driving the surge in GameStop stock (GME) in late 2020, and his return was enough to send the price of GME skyrocketing nearly 147% in 24 hours.Gill also began sharing cryptic videos that, following his first publication, caught the attention of known cryptocurrency investors such as Ansem. This kind of scenery was created. see by a trader identifying himself as EllioTrades in preparation for the ‘meme coin super cycle’.However, some investors…
The U.S. Department of Justice announced Friday that two Chinese nationals have been indicted on charges of leading a massive cryptocurrency fraud that netted at least $73 million in laundered funds.According to the Department of Justice, Darren Lee, 41, a dual citizen of China and St. Kitts and Nevis, was arrested at Hartsfield-Jackson Atlanta International Airport on April 12. Yicheng Zhang, 38, of Temple City, California, was arrested Thursday in Los Angeles.The two were charged with money laundering and six counts of international money laundering.“Cryptocurrency investment scams take advantage of the borderless nature of virtual currencies and online communications to…