Author: Judith Faith

Article written by Judith Faith

Why Ripple (XRP) Could Be Massively Undervalued

8 hours ago 1 min read

Linda P. Jones, a former financial expert on Wall Street and author of “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” expressed her optimistic view on Ripple, highlighting its pricing in comparison to Coinbase and the potential of XRP. Jones observed that Ripple’s (XRP) present valuation on the Linqto investing platform stands at $7.5 billion, which is lower than its estimations of

bitFlyer acquires 100% of FTX Japan shares and will rebrand the platform

12 hours ago 1 min read

bitFlyer Holdings, a Japanese crypto exchange, has successfully acquired FTX crypto exchange Japan, thereby establishing it as a fully-owned subsidiary of the firm. On July 26, the exchange based in Tokyo declared the acquisition, affirming that it had obtained all of the remaining shares of FTX Japan. By August 26, 2024, BitFlyer will rename FTX Japan and introduce a new crypto custody firm that provides sophisticated security services to institutional

The Grayscale Ethereum Trust (ETHE) has lost more than $800 million

July 25, 2024 1 min read

The introduction of Ethereum ETFs in the US market has resulted in substantial market changes, with the Grayscale Ethereum Trust (ETHE) losing more than $800 million since its establishment. The inherent unpredictability and intricate nature of crypto ETF launch events resulted in a significant withdrawal of $26.7 million over two days, causing a sharp decline in the price of Ethereum. Although Fidelity’s Ethereum ETF received an investment of $74.5 million

Bybit launches Spot Liquidity Pairing Program to enhance liquidity for projects

July 25, 2024 1 min read

Bybit crypto exchange has introduced its Spot Liquidity Pairing Program. This program aims to link reputable market makers with projects that require enhanced liquidity. The program’s objective is to offer liquidity providers substantial prospects for cooperation and exposure. Bybit will prominently showcase Premium Liquidity Providers in its recommendation list for projects, fostering robust collaborations and drawing in a greater number of potential projects to the platform. Bybit has announced the

Bitstamp plans to distribute Mt. Gox Bitcoin and Bitcoin Cash on July 25

July 24, 2024 1 min read

Bitstamp exchange has received a transfer of Bitcoin (BTC) from defunct crypto exchange Mt. Gox and will commence the process of distributing it to creditors on Thursday. The exchange also holds Bitcoin Cash obtained from the Mt. Gox trustee. This occurs ten years after the Bitcoin exchange crumbled due to a significant hacking event. Former users of the now-closed cryptocurrency exchange can now retrieve their digital possessions. The exchange has

Toyota plans to incorporate Ethereum blockchain technology into its vehicles

July 24, 2024 0 mins read

Toyota is looking into incorporating Ethereum blockchain technology into its vehicles. This could potentially revolutionize car management and functionality. In addition, Toyota proposes a “Movement Oriented Account” (MOA) built on the Ethereum ERC-4337 standard. This standard allows secure account management even if the private key is lost. The MOA development is seen as a stepping stone towards fully autonomous driving in the future. Secure and reliable account management is crucial

Gemini crypto exchange settles a nearly two-year-old $36 million crypto theft lawsuit

July 22, 2024 1 min read

The Gemini crypto exchange has reached a settlement with IRA Financial Trust regarding the misappropriation of $36 million from its crypto fund. The controversy commenced in February 2022 and revolved around Gemini’s purportedly deceptive security assertions. IRA Financial Trust said that Gemini neglected to adequately convey the significance of safeguarding the master key, resulting in the occurrence of the theft. Gemini’s habit of transmitting unsecured and unencrypted emails using the

Mark Cuban says geopolitical instability could boost Bitcoin (BTC)

July 18, 2024 4 mins read

Mark Cuban, an entrepreneur, suggested that Bitcoin might potentially become a worldwide reserve asset due to geopolitical instability and increasing inflationary pressures. He emphasized other elements that could impact the trajectory of Bitcoin and its acceptability in the wider financial scene. Cuban highlighted an increasing endorsement of former President Donald Trump among Silicon Valley, implying that this development may indicate a deliberate “Bitcoin strategy” by the Big Tech industry. The

BlackRock is now the largest public holder of Bitcoin with holdings surpassing 316,000 BTC

July 15, 2024 1 min read

The largest asset manager in the world, BlackRock, has announced a great performance in the second quarter, with assets under management (AUM) growing to an astounding $10.6 trillion according to the company’s report. As compared to the previous year, this is an almost 13% jump. In addition, earnings per share (EPS) increased over this period, going from $9.06 to $9.99, while revenue increased by 8% to reach $4.8 billion. Exchange-traded

Nearly $100 billion in illicit crypto flows since 2019 target stablecoins and centralized exchanges

July 12, 2024 1 min read

According to a study by Bloomberg, over $100 billion of illegal cash have been transferred via the cryptocurrency market since 2019, causing substantial effects on stablecoins and controlled exchanges. Stablecoins are being utilized more frequently by criminals, and they currently account for the majority of illegal transactions inside the cryptocurrency realm. More than 50% of these illegal money are ultimately deposited into controlled exchanges like as Binance and Coinbase. Kim

An EtherFi whale dumps ETHFI tokens worth over $1.8 million

July 12, 2024 1 min read

EtherFi (ETHFI), a Ethereum-related token, experienced significant price drops in the last 24 hours after a wallet dumped 880 tokens worth $1.87 million onto the Binance platform. The wallet, identified as “0x57C,” had previously received 10 million EtherFi tokens from the Etherfi team three months ago. The wallet now holds 8.82 million EtherFi tokens, worth around $18.43 million. EtherFi showed a 6% daily decline in price, with a high of

Biaoqing Memecoin Hits New Heights In The Crypto Market

July 8, 2024 1 min read

Biaoqing, a new memecoin launched just two weeks ago, has experienced significant growth in the crypto market, reaching new all-time highs. The coin’s success can be attributed to its unique narrative, inspired by the popular Asian meme Biaoqing, which features a panda with a human face. Biaoqing aims to replicate the success of Western memecoins like Doge and Pepe by adapting this viral meme into the crypto space. The team