Author: Emma Davis

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Emma Davis

Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.

Articles by Emma Davis

USDT Exchange Inflow Volume Hits 1-Month Low

11 hours ago 1 min read

The on-chain tracking platform Glassnode Alerts has reported a decline in the volume of Tether (USDT) flowing onto cryptocurrency exchanges. According to a recent post, the USDT exchange inflow volume (7-day Moving Average) has reached a one-month low of 18,420,750.594 USDT. This decrease in exchange inflow volume comes after the previous one-month low observed on September 22, 2023, when the USDT exchange inflow volume (7-day MA) dropped to 18,421,739.041 USDT. At the time of reporting, CoinMarketCap indicated that Tether, the leading stablecoin by market capitalization, was maintaining its peg to the U.S. Dollar. USDT’s collective market capitalization was approximately $83.21

Bitcoin Price Faces Resistance at $27K as Address Activity Hits 2023 Peak

6 days ago 1 min read

Bitcoin’s recent surge above $27,000 has reignited optimism in the crypto market, driven by increased demand from institutional investors ahead of the upcoming halving event in around 6 months. In a surprising turn of events, Bitcoin (BTC) managed to surpass the $27,000 mark in September, bringing hope for a resurgence in altcoin bullish sentiment. According to cryptocurrency analysts, Bitcoin reached as high as $27,400 on Monday before experiencing a minor retracement and stabilizing around $26,800 during early Asian market trading on Tuesday. This sudden spike in Bitcoin’s price follows a positive closing last week and anticipation of high-impact news later

Is Fidelity Developing an Ethereum Spot App? Rumors Emerge

1 week ago 1 min read

Recent headlines have been abuzz with news suggesting that Fidelity has taken a noteworthy step by applying for a spot in the Ethereum ETF. The name attached to this development, the “Wise Origin Ethereum Index Fund,” has certainly caught the attention of the crypto community. However, it’s essential to clarify that the situation might not be as groundbreaking as it initially appeared. While early reports hinted at Fidelity’s application for a spot ETF, it now seems that this move is more of an amendment application submitted to the SEC for regulatory purposes, specifically related to Fidelity’s existing Ethereum fund. In

Binance Donates $3 Million in BNB to Support Morocco Earthquake Victims

2 weeks ago 1 min read

In a compassionate response to the recent devastating earthquake in Morocco, cryptocurrency exchange giant Binance has stepped forward with a generous pledge of millions of dollars in Binance Coin (BNB) to provide aid relief for the affected communities. The earthquake, which struck on September 8, had a magnitude of 7 on the Richter scale and resulted in a tragic loss of at least 2,000 lives in Marrakech, Morocco’s fourth-largest city. Binance announced on September 11 that they are launching an airdrop initiative, committing to distribute up to $3 million worth of BNB to users residing in the areas impacted by

Over 80% of Shiba Inu Investors Underwater

2 weeks ago 1 min read

The crypto market, known for its volatility and potential for rapid gains, is currently presenting a challenging landscape for investors. Recent data from IntoTheBlock has shed light on the difficulties faced by Shiba Inu (SHIB) and its competitors. Let’s dive into the numbers and explore the current state of these digital assets. Despite the buzz surrounding the launch of Shibarium just last month, Shiba Inu (SHIB) investors find themselves in a tough spot. 83% of SHIB investors are currently facing losses. This is a significant figure, considering the excitement generated by Shibarium’s introduction. At the time of writing, SHIB was

Bitcoin Price Soars: Reaches $26,000 in Surge

2 weeks ago 1 min read

Bitcoin (BTC) has recently seen a noteworthy surge, climbing over 2% in price—a development that marks a significant uptick after a period of relative stability. This uptrend has quietly impacted the broader landscape of exchange activity. But what does the overall supply trend on exchanges reveal over the past few weeks? On September 7th, Bitcoin displayed an upward trajectory when examined on a daily chart, closing with a price increase of more than 2% and reaching above the $26,000 mark. This event is notable because, aside from a price surge of more than 6% observed on August 29th, it had

Visa Enables $USDC Transactions on Solana Blockchain

3 weeks ago 1 min read

Visa has announced the extension of its stablecoin settlement capabilities to the Solana blockchain, in addition to its existing support for Ethereum. This expansion comes as part of a collaborative effort with merchant acquirers Worldpay and Nuvei, marking a pivotal moment in the world of digital payments. Visa has already taken steps to put this into practice, conducting live pilot programs that involved the transfer of millions of USDC stablecoins across both the Solana and Ethereum blockchain networks. These transactions were instrumental in settling fiat-denominated payments, all authorized via Visa’s global payment network, VisaNet. Visa had previously utilized USDC stablecoins

Ripple’s Response to SEC’s Appeal Request in XRP Lawsuit

3 weeks ago 2 mins read

Ripple, the San Francisco-based blockchain payments firm, is standing its ground in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC had sought an interlocutory appeal in the case, but Ripple’s legal team is challenging this move, asserting that the regulatory body has not met the necessary requirements to file an appeal. Ripple has formally opposed the SEC’s request to appeal the ruling that cleared the company of breaking securities laws by offering XRP to retail traders through exchanges. In a recent document filed with the U.S. District Court for the Southern District of New

Ripple Moves Millions of XRP as Grayscale Scores Legal Victory

4 weeks ago 1 min read

Recent crypto activity has caught the attention of enthusiasts as popular tracking service Whale Alert spotted significant XRP transactions totaling nearly half a billion XRP within the last 24 hours. Ripple Labs, a major player in the crypto space, was also involved in these movements, contributing to this substantial crypto transfer. Whale Alert identified three noteworthy XRP transfers during this period: 424,018,481 XRP, 31,000,000 XRP, and 27,600,000 XRP. Ripple participated in the second transfer, moving 31 million XRP to an anonymous wallet address. Ripple’s activities often involve transferring substantial amounts to crypto exchanges for trading purposes, operational expenses, customer transactions,

Indian PM Modi Calls for Global Rules on Cryptocurrency Regulation

4 weeks ago 1 min read

Indian Prime Minister Narendra Modi has called upon the international community to join forces in creating a unified approach to regulating cryptocurrencies. He emphasized that the control of this rapidly evolving technology should not be confined to a single nation or a specific group of countries. Modi shared his insights during a speech at the Business 20 (B20) forum, which brings together business leaders from the G20 nations. Rather than shying away from the rapid advancements in technology, Modi urged their integration and democratization. In acknowledging the potential and challenges presented by emerging technologies like cryptocurrencies and artificial intelligence (AI),

Worldcoin’s WLD Token Dips 44% in Value One Month After Introduction

1 month ago 1 min read

Worldcoin’s WLD token has experienced a significant setback, falling by 9.1% within the last 24 hours and marking a total loss of 43.6% over the past 30 days. The token, a part of Sam Altman’s crypto venture, has seen its value decline since its launch approximately one month ago. Presently, as of 4:15 p.m. HKT, the WLD token is trading at around $1.33, in stark contrast to its $2.36 value a month ago, according to CoinGecko data. The recent dip in WLD’s token price is causing concern, especially when viewed against the backdrop of a recovery in other tokens like

Bitcoin Maintains $26,000 Support as Altcoins Face Further Decline

1 month ago 2 mins read

Bitcoin finds itself blocked at the $26,000 mark, facing a precarious balance between upward momentum and potential downside pressure. This delicate equilibrium is shaped by the strengthening U.S. dollar and the anticipation of a Federal Reserve announcement slated for Friday. The confluence of these factors has the potential to impact not only Bitcoin but also altcoins and the broader cryptocurrency market. Bitcoin’s value remains relatively stable at $26,000, a point closely monitored by traders and investors. CoinMarketCap reports that the world’s leading cryptocurrency has experienced a 0.4% increase over the past 24 hours. Meanwhile, altcoins have contributed to a different