XRP August Outlook: Anticipated Crash Amid Legal Battle After July Rally.
XRP rallied 47% in July after a favorable ruling, but is now facing an all-time high in August. XRP’s market cap already fell by $10 billion in August and is…
The US crypto community is divided over Biden’s new tax filing rules.
The IRS has released new guidance aimed at tightening crypto taxes and closing loopholes. However, crypto industry leaders strongly oppose the changes, arguing that they stifle innovation and privacy in…
Ethereum Staggering to gain momentum as Whale moves 24K ETH to OKX.
Ethereum (ETH) price continues to strengthen in the $1600 area. ETH trading volume has increased by 80% in the last 24 hours. A whale transfer of 24,000 ETH worth $39.6…
Shiba Inu Shibarium is officially On, but the SHIB price is suffering.
Despite the positive news, SHIB is down 2% on the day. Shiba Inu lead developer Shytosi Kusama recently announced that Shibarium, the L2 scale solution for the Shiba Inu blockchain,…
OnlyFans is diversifying its investment portfolio with Ethereum (ETH).
The owner of the company also gave himself a huge bonus. In a recent financial report, adult content subscription service OnlyFans revealed that it has invested some of its working…
JPMorgan Chase Issues Market Update, Says One Stock Could Soar 116%.
JPMorgan Chase just issued an update on the firm’s financial outlook.In a new note to clients, global investment strategist Madison Faller says JPMorgan has a “glass half-full” view after a…
Blue-Chip NFTs Struggle, Floor Prices Drop Over 25% in 30 Days.
Although the NFT market has recorded significant losses in recent months, the sector has gained adoption in several real-world use cases.Data analyzed by the on-chain analytics platform Nansen shows that…
Ripple Labs is included in this prestigious list of the top 100 companies.
Ripple is the only crypto company to make the list. After an extensive battle with the US Securities and Exchange Commission (SEC), Ripple was recognized by People’s Magazine. This week,…
PayPal’s PYUSD Stablecoin Faces Adoption Challenges.
Coinbase has recently announced it would be adding support for PayPal’s stablecoin.Less than 50,000 coins are represented in pools on decentralized exchanges.On-chain data shows that the newly launched PYUSD stablecoin…
Altcoins Show Positive Momentum Amidst Crypto Market Recovery Efforts
Bitcoin (BTC) price stays in the $26K range. Certain altcoins like XRP, SHIB, and LTC have exhibited gradual positive price momentum. In the aftermath of last week’s sell-off, the global…