Ripple to Unlock 1 Billion XRP in December: What Does It Mean for Investors?
TL;DR Ripple will release 1 billion XRP tokens on December 1, equivalent to 1.75% of the circulating supply and 2.61% of the tokens still locked. The release will…
Cryptocurrencies
ACT I Launches $1 Million Fund to Boost AI-Based Meme Projects
TL;DR ACT I launches a $1 million fund for AI-based meme projects, with the first beneficiary being Dolos AI, which received $50,000. The company…
Dogecoin is Harder Than Bitcoin, According to Raoul Pal
TL;DR Raoul Pal claims that Dogecoin (DOGE) has proven to be a “harder” form of money than Bitcoin (BTC), with a 550% increase since…
Crypto Trader Turns $6,300 into $1.5 Million in Less Than an Hour
TL;DR One trader turned $6,300 into nearly $1.5 million in less than an hour. The transaction involved the purchase and sale of 29.7% of…
Tether Mints $3 Billion USDT: A Boost to Crypto Liquidity and Market Dynamics
TL;DR Tether issued $3 billion in USDT, spread across Ethereum and Tron. This issuance increases liquidity in the crypto market and could indicate bullish…
Allianz Invests in MicroStrategy: Acquired 25% of the Bonds Issued to Buy Bitcoin
TL;DR Allianz acquires 25% of the bonds issued by MicroStrategy to buy Bitcoin. MicroStrategy continues to accumulate Bitcoin, with recent purchases increasing its reserve…
Ethereum Hits Annual Record with $7.13 Billion Daily Volume Amid Market Optimism
TL;DR Ethereum hit $7.13 billion in daily on-chain volume on Nov. 15, its yearly high. This rally reflects the impact of cryptocurrency ETFs and…
Bitcoin Spot ETF Inflows Reach $1 Billion, Led by BlackRock and Fidelity
TL;DR Bitcoin spot ETFs saw net inflows of $1.005 billion, led by BlackRock and Fidelity. Ethereum ETFs suffered net outflows of $9.05 million, with…
Solana Gains Ground on Ethereum in DEX Activity: Sustainability Under Scrutiny
TL;DR Solana DEX activity has grown significantly in 2024, reaching 57% of Ethereum’s activity, driven by the rise of meme coins. Raydium has surpassed…
Cryptocurrency Scammer Claims to Earn $35,000 a Week by Impersonating Coinbase Support
TL;DR Scammer claims to make over $35,000 a week posing as Coinbase support. They use advanced tools to attack executives and developers in the…
Bitcoin Approaches $100,000: Market Dynamics and New Milestones
TL;DR Bitcoin hits new all-time high of $97,777 driven by high demand. Open interest in derivatives surpasses $60 billion, marking a 50% increase. Exchange…