The XRP Ledger, a decentralized public blockchain built for business, has achieved a new record of 5.02 million distinct wallets that hold more than zero XRP coins, according to data from Santiment, a crypto analytics platform. The number of XRP wallets has more than doubled in the past two years, growing by 104% since January…
Ripple CEO Brad Garlinghouse expressed his support for an XRP exchange-traded fund (ETF) in an interview with Bloomberg on Feb. 20. He said that Ripple would “certainly welcome” such a product, but did not reveal any specific plans to launch one. An XRP ETF would allow investors to gain exposure to the price movements of XRP,…
In an unexpected turn of events, Ripple’s native cryptocurrency, XRP, has made a dramatic comeback, surging over 20% on Monday and breaking its downward trend against bitcoin (BTC) as the broader crypto rally gains momentum. According to Coingecko, XRP’s value skyrocketed to $0.74 within just over an hour on Monday afternoon UTC, marking its highest…
Facing the rapid growth and potential risks of crypto assets in terms of money laundering and terrorism financing, the Vietnamese government has requested the Ministry of Finance to study and develop a legal framework to ban or regulate this type of asset by May 2025. This is one of the contents of the National Action…
Thailand has taken a bold step to encourage the growth of its digital asset sector by scrapping the value-added tax (VAT) on crypto trading. The move, which was announced by the Ministry of Finance on Tuesday, will take effect from January 1, 2024 and will apply to all types of digital assets, including cryptocurrencies, tokens,…
The Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, delivered a speech in Naples, Italy, on Jan. 26, 2024, in which he expressed his concerns about the current state of regulation of the cryptocurrency and digital asset industry. Behnam said that regulators need to ramp up their efforts to supervise the budding cryptocurrency industry, especially…
Non-fungible tokens (NFTs) have been making headlines in recent months, and the latest data from CryptoSlam shows that their popularity is not slowing down. According to the NFT data providing platform, NFT weekly sales as of the 8th were $148.2 million, up 8.74% from the previous week. At the same time, the number of traders…
OpenSea Pro, the dedicated platform for traders launched by the popular NFT marketplace OpenSea, has made a significant announcement on May 10th. The platform has started accepting payments using the crypto asset Pepe Memecoin (PEPE), a token that has been gaining momentum in the cryptocurrency market. OpenSea Pro is a renamed version of the NFT…
