According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet. A few highlights of what this entails include: Full EVM compatibility with Solidity, MetaMask, Hardhat, and more PoA consensus and more than 25 validators 3.4 seconds block time and over 1,000 TPS XRP as a native gas token Smart…
Solana spot exchange-traded funds are a hot anticipation, and one by REX Shares featuring staking could go live this week, Bloomberg analyst James Seyffart has said. James Seyffart posted on X on June 30 that the first Solana (SOL) spot ETF with staking is likely to launch for trading as early as this week. The…
Key Takeaways The SEC has acknowledged Grayscale’s amended filing to convert its large cap fund into a spot crypto ETF. The proposed ETF will track major cryptocurrencies including BTC, ETH, XRP, SOL, and ADA. Share this article The US SEC has until Wednesday, July 2, to rule on Grayscale’s request to convert its Digital Large…
Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs…
Bitcoin has been gradually climbing toward its all-time high of $111K, though current momentum appears limited. Still, a successful breakout above this level could trigger a short-squeeze, propelling the price toward the next potential target at $120K. BTC Price Analysis: Technicals By Shayan The Daily Chart Bitcoin has been inching closer to its all-time high…
Spanish authorities, with Europol and international partners, arrested five suspects in a major operation targeting a €460 million crypto fraud network. On 25 June, the Spanish Guardia Civil, backed by Europol and law enforcement partners from Estonia, France, and the United States, executed coordinated raids that led to the arrests of five individuals behind one…
Key Takeaways The Trump administration is considering releasing a Treasury Department report on US government Bitcoin holdings. Work is underway to develop a strategic US Bitcoin reserve following President Trump’s executive order. Share this article The Trump administration may release a Treasury Department report detailing US government Bitcoin holdings, said Bo Hines, senior advisor to…
The Bitcoin rainbow chart shows BTC ▼-0.12% cruising well above $100K and even on the cheap. Yet, 99Bitcoin’s analysis shows that USDT’s supply is peaking, and leveraged shorts are swelling, which are signs we could oscillate either way. Meanwhile, critiques of popular predictive models like economist Raoul Pal’s M2-Bitcoin correlation make us wonder, is this cycle…
TL;DR ARB spiked to a two-week high following a combination of rumors and positive factors. While some analysts believe it may rally even further in the short term, the RSI’s ratio of over 80 suggests an incoming pullback could be on the horizon. The Top Performer ARB, the native token of Arbitrum, has been the…
Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in…
