Markets

Ripple’s RLUSD Stablecoin Sees Muted Launch, $3 Million in Daily Trading Volume

Ripple’s highly-anticipated stablecoin RLUSD has seen a relatively muted launch, with trading volumes in the low millions and listings on…

8 hours ago

Bitcoin ETFs Face Record Outflows Amid Market Decline

Bitcoin exchange-traded funds (ETFs) experienced a substantial sell-off on December 19, recording net outflows of $671.9 million in a single…

20 hours ago

Crypto Liquidations Exceed $1B Following Controversial Fed Statements

The Federal Reserve announced a 25 basis point interest rate cut, reducing the federal funds rate target range to 4.25%-4.50%.…

1 day ago

Binance’s Liquid Staking Solana Token BNSOL Sees Total Market Cap Surge to $1.3 Billion

The total amount of Solana (SOL) locked on Binance’s liquid staking token for the cryptocurrency has surpassed the $1.3 billion…

2 days ago

Deutsche Bank is Developing a Zero-Knowledge L2 for Ethereum: Details

One of Germany’s largest banks Deutsche Bank AG is developing an Ethereum Layer 2 (L2) network using zKsync technology, according…

2 days ago

ADA Price Drops As Network Activity Declines

As user activity on its blockchain and DeFi engagement drop, the Cardano price is under negative pressure. The price is…

3 days ago

XRP Open Interest Hits New All-Time High Above $4 Billion Amid RLUSD Launch

The price of XRP has moved up more than 150% over the last 30-day period from around $1.05 to now…

3 days ago

Coinbase Outperforms Nasdaq as CEXs Grow 2.5X Faster: Analyst

Jamie Coutts, chief crypto analyst at Real Vision, revealed that Coinbase’s 12-month revenue has reached $5.75 billion, placing Coinbase among…

4 days ago

Solana’s Total Value Locked Remains Above $9 Billion Even as Trading Volumes Plunge

The total value locked (TVL) on the smart contract blockchain Solana has been remaining above the $9 billion mark over…

4 days ago

Crypto Investment Products Saw $3.2B in Inflows, Record 10th Consecutive Week

Crypto investment products keep attracting significant inflows as Bitcoin reaches new heights weekly, currently at $107K.  According to CoinShares’ latest…

5 days ago