Ripple's XRP token flips Solana's market capitalization
According to CoinMarketCap, Ripple’s native XRP token has a maximum supply of 100 billion and a circulating supply of roughly 57 billion.
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Strategy’s Bitcoin stash still up over $7B despite market downturn
Software intelligence firm turned Bitcoin investment behemoth Strategy remains $7.8 billion in profit on its Bitcoin holdings despite the cryptocurrency’s recent drop to $80,000. On March 10, Bitcoin (BTC) recorded its largest weekly decline on record, shedding more value in the past seven days than at any other time in its trading history. Cointelegraph Markets

The ongoing NFT boom: Can supply of nonfungibles outweigh demand?
Nonfungible tokens, or NFTs, have taken the cryptocurrency sector by storm in 2021. The growing interest in these digital collectibles resulted in record-breaking trading volumes during the month of August, with individual NFT sales exceeding more than $1 million dollars on a regular basis. Yet with so many NFTs currently on the market, it can be difficult…

BlackRock CEO: Crypto ETF Will Come When Industry Is ‘Legitimate’
The CEO of investment management corporation BlackRock, Larry Fink, does not see the company offering a cryptocurrency Exchange-Traded Fund (ETF) until the industry is “legitimate,” CNBC reported Nov. 1.BlackRock is a financial planning and investment management firm that currently has $6.28 trillion in assets under management, including equity, real estate, fixed income, and cash management.Speaking…

Facebook Releases Cryptocurrency White Paper for Libra Currency
Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18.According to the paper, Facebook’s global stablecoin, dubbed “libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value” and mitigate…

Major crypto firm expects Polkadot (DOT) to become a top 3 blockchain
Spartan Black, a major cryptocurrency fund based in Asia, believes Polkadot (DOT) has more fuel left in the tank and could soar into the top-3 list of biggest cryptocurrencies by market capitalization.Currently, the popular protocol is listed as the sixth largest cryptocurrency by market capitalization at CoinGecko.Since listing on Binance eight days ago, the price…

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability
Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to several blockchain protocols. 278 Total views 4 Total shares Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The United States-based cryptocurrency exchange’s cloud…

Uniswap taps former Obama campaign spokesperson to handle comms
The Washington insider will help the company navigate through increasingly turbulent regulatory waters. 861 Total views 14 Total shares Decentralized exchange Uniswap has been making some interesting hires, the latest being a communications expert with close ties to the U.S. Democrat party.Former senior spokesperson for Barack Obama, Hari Sevugan, has joined the Uniswap Labs team…

NFT adoption: Tokens take the runway at Metaverse Fashion Week
The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in Decentraland, a decentralized virtual social platform on the Ethereum blockchain. The online event attracted more…