XRP cuts reserve requirement by 90%, allowing for smaller new wallets
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.
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The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.

Peak fear? Bitcoin futures leverage gets reset by this week’s wild price swings
The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about where BTC is heading in the near term.Estimated leverage on Binance. Source: CryptoQuantWhat is leverage and why is this metric crucial for Bitcoin market sentiment?In the Bitcoin futures market, traders…

Bitcoin Smart Contract Solution RSK Sees New Stablecoin and Leveraged Token
A startup launched a leveraged token and a decentralized stablecoin on Rootstock, a smart contract solution based on Bitcoin’s blockchain. A startup has launched a leveraged token and a decentralized stablecoin on Rootstock (RIF), a smart contract solution based on Bitcoin (BTC)’s blockchain.According to an announcement shared with Cointelegraph on April 21, Bitcoin-based decentralized finance…

19-Year-Old Sentenced to 20 Months for Selling Stolen Data for BTC
Elliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency.A hacker for hireA press release published on Aug. 16 by the Norfolk police reports that the man was sentenced to 20 months in prison and ordered to pay back more than £400,000 (over…

Shiba Inu price rebounds 100% after record lows against Dogecoin — More upside ahead?
Shiba Inu (SHIB) price was at the lowest versus its top rival Dogecoin (DOGE) in November 2022. Three months later, the dynamics have flipped. SHIB price rises 100% versus DOGEOn Feb. 4, 2023, the SHIB/DOGE pair reached 0.00001638 DOGE, up almost 100% three months after bottoming out at 0.00000993 DOGE, its lowest level on record.SHIB/DOGE daily…

Ethereum London hard fork goes live
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset. 354 Total views 3 Total shares The London hard fork arrived almost on schedule at 12:33 pm UTC on Aug. 5, 2021, at block height 12965000, ushering in the Ethereum Improvement Proposal 1559 (EIP-1559).With…

Bitcoin Is Now Bigger than Bank of America and NZ Dollar by Market Cap
As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America's and New Zealand’s fiat currency. As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America's market valuation, and put it within striking distance of PayPal’s.According to AssetDash data at…

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.