XRP price falls 15% in 3 days — Will Ripple’s legal setback mark the bottom?
XRP could see a 4,000% rally in the next bull market cycle, according to a fractal pattern reminiscent of its 2017 price surge.
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XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
FixReducedOffersV1 aims to minimize the prevalence of order books obscured by reduced offers, enhancing the overall functionality of the XRPL. 512 Total views 2 Total shares The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This amendment signals a significant upgrade for XRPL.XRP Ledger (XRPL)

Ferrari’s new deal with blockchain firm Velas hints at NFTs
Ferrari will be issuing exclusive digital content for its fans in collaboration with Swiss blockchain startup Velas. 1794 Total views 35 Total shares Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network.Ferrari officially announced Monday that it had signed a multi-year agreement…

SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer
Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection. The United States Securities and Exchange Commission (SEC) lawsuit against Ripple filed in December 2020 has deprived the XRP token of nearly three years of adoption…

Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand
The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February.

Bibox beats lawsuit alleging unregistered securities issuance
A U.S. district has rejected a lawsuit alleging that Bibox sold unregistered securities because the lead plaintiff last traded the tokens in question more than 12 months ago. 1405 Total views 16 Total shares A lawsuit accusing crypto exchange Bibox of selling six unregistered securities was thrown out of a U.S. District Court after Judge…

Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The panic caused due to USD Coin's (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), albeit for several minutes.Bitcoin price sees $50K in "fat finger" error The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7 pm UTC. The reason for the impulse…

Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week
Bitcoin (BTC) hodlers have capitulated more than at almost any point in Bitcoin’s history this month.Data from on-chain analytics firm Glassnode confirms that the November 2022 BTC sell-off was the fourth-largest ever.Bitcoin investors see multi-billion-dollar lossesIn the latest edition of its weekly newsletter, “The Week On-Chain,” Glassnode got to grips with the impact of the FTX…

Binance aims to allocate $1 billion for crypto recovery fund
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund. 738 Total views 3 Total shares Binance intends to allocate $1 billion for a proposed industry recovery fund, while its CEO revealed intent in a new bid for assets of bankrupt cryptocurrency lending firm Voyager by its United States-based business.Speaking…