XRP trading volume surpasses $1 billion in South Korea

1 min read

XRP has recently experienced a remarkable surge in trading volumes on South Korea’s leading cryptocurrency exchanges, surpassing both Bitcoin (BTC) and Ethereum (ETH). In a 24-hour period, XRP trading volumes across Upbit, Bithumb, and Korbit approached $1 billion, indicating a significant uptick in market activity for this digital asset. On Upbit, XRP dominated with a trading volume of approximately $716.79 million, representing 13.67% of the exchange’s total volume of $5.23

XRP to $5 in 2025? Here what analysts say

1 min read

XRP is currently experiencing a period of consolidation within a symmetrical triangle pattern, which has led to a sense of optimism among investors regarding a potential breakout. Crypto analyst Armando Pantoja has noted that while some holders express frustration over this consolidation, it is indicative of a bullish trend, with projections suggesting that XRP could surge to between $3.20 and $4 unexpectedly. Despite the current price stagnation, there has been

XRP leads crypto losses with 6% drop

1 min read

On the second to last day of the year, XRP fell more than 6%, leading to a drop in the cryptocurrency market. A stronger U.S. dollar hurt global currencies and assets, including Bitcoin. Other cryptocurrencies like Dogecoin, Solana’s SOL, Ether, and BNB saw drops of up to 2%. U.S. stocks dropped on Friday as investors changed their strategies due to year-end uncertainties, while Asian markets lost earlier gains. U.S. index

France authorities intensify efforts to curb burgeoning crypto scams

1 min read

Cryptocurrency popularity in France has led to more financial scams, causing authorities to take urgent steps to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF and ACPR, is very concerned about the increase in scams involving fake crypto investments. Recent reports show that victims of fake savings accounts lost about €69,000, while those impacted by fake loans lost around €19,000. Crypto-asset scams have increased

Over 15 million South Koreans now invest in crypto

1 min read

South Korea has reached an important point in crypto use, with more than 30% of its people now investing in digital assets. By late 2024, there were 15.59 million crypto investors, the highest number ever for the country. This increase shows how important cryptocurrencies are becoming in South Korea’s financial system. In November, daily trading volume for cryptocurrencies reached $10.5 billion, exceeding the total trading activity of the KOSPI and

XRP Future Brightens & Uniswap Outlook Strong – BlockDAG’s Batch 26 Nears Sellout as 250% Bonus Attracts Massive Interest

5 mins read

The horizon of cryptocurrency continues to buzz with excitement. The XRP future is looking optimistic as Ripple rolls out unique features like RLUSD and enhances its liquidity using the XRP Ledger, even amidst ongoing legal hurdles. The Uniswap price prediction also paints a hopeful picture, with the asset demonstrating tenacity at essential support points and eyeing a push towards $20. Meanwhile, BlockDAG (BDAG) is the center of conversation in the

XRP trading volume hits over $117 million Binance this December

1 min read

In December 2024, XRP became the top alternative cryptocurrency traded on the Binance exchange, with a trading volume exceeding $116.6 million on Binance Futures. This increase in activity is significant, particularly since many cryptocurrencies, like Bitcoin, saw price drops at the same time. XRP’s price dropped to $2.13 on December 23, which is a 25% decrease from its high earlier in the month. XRP stayed a top cryptocurrency, even briefly

Web3Bay Spearheads Blockchain Innovation – Insights on XRP’s Resilience and Toncoin’s Communication Breakthroughs

4 mins read

XRP has seen a surge in investor interest following a post-election rally, enhancing its standing in the cryptocurrency landscape. Concurrently, Toncoin is transforming decentralized communications by partnering with Telegram, thus providing users with greater privacy and pioneering secure, blockchain-powered messaging. Web3Bay, driven by its 3BAY token, is at the forefront of decentralized e-commerce. With 40% of its tokens offered in the presale, Web3Bay is primed for significant expansion. The platform

The IRS insists crypto staking rewards are taxable income

2 mins read

Joshua Jarrett, a cryptocurrency investor, is in a legal dispute with the IRS over whether staking rewards should be taxed as income. Jarrett, who got a refund on taxes for staking rewards, claims these tokens should be seen as new property instead of immediate income, opposing the IRS in a new lawsuit. This case could greatly affect U.S. crypto investors, especially with increasing regulatory attention. Jarrett is asking for a

Qubetics Hits $0.034, Aims for Massive ROI – Why This, Along with Polygon and Monero, Are the Best Coins to Join in December 2024

7 mins read

Cryptocurrency markets are evolving at a rapid pace, and investors are constantly looking for the best opportunities. With the market shifting and new projects coming to the forefront, it’s crucial to identify coins that not only offer promising returns but also tackle real-world issues that have hindered the crypto space for years. As we look into the best coins to join in December 2024, three projects stand out: Qubetics, Polygon,

Cheems Slips 42%, WIF Eyes a $4.98 Recovery, and BTFD Coin Excels as One of the Best Meme Coins to Buy in December 2024

5 mins read

The meme coin market is as unpredictable as ever, with some projects struggling to maintain momentum while others position themselves for a bullish future. Cheems (CHEEMS), the iconic dog-inspired coin, has had a challenging month, slipping 42%. Meanwhile, Dogwifhat (WIF), another dog-themed meme coin, is showing signs of resilience with predictions of a $4.98 recovery. At the same time, BTFD Coin ($BTFD) is making waves with a blockbuster presale that

Ukraine plans to legalize cryptocurrencies by 2025

1 min read

Ukraine plans to legalize cryptocurrencies by early 2025, aiming to create clear rules and taxes without special tax breaks. The new law wants to control digital assets to keep finances stable and reduce risks like tax evasion and money laundering. The draft law, created with feedback from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), will tax profits from cryptocurrency when they are converted into fiat