Day: February 28, 2024

XRP Sinking? A Series Of Underperformance And Address Exodus

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Ripple’s XRP has been struggling to regain its momentum, as its performance continues to lag behind that of its competitors in the crypto market. Recent data from CoinMarketCap reveals that XRP has been the most underperforming large-cap cryptocurrency over the past month, with gains of just over 4%. This stands in stark contrast to the significant increases seen in cryptocurrencies such as Bitcoin, Ethereum and Solana, to name a few, leaving investors disappointed and questioning the future of the digital asset. Are Whales Slowly Losing Appetite For XRP? Adding to…

Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund

“I would argue traditional finance’s message for the future that trillions of dollars will be tokenized is completely disconnected from firms that are innovating with RWAs,” Quensel said in an interview. “TradFi’s understanding of a token as a database record doesn’t make any sense to DeFi. A token is not a database record; it’s code running on its own that’s executable, transferable, has its own logic, rights and possibilities.” Source

Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings

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The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be the instruments made available for Peruvians, which come to diversify the investment options for traditional investors in the […] Original

Bitcoin.com Ushers in New Leadership Era with Corbin Fraser as CEO

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In a significant development for Bitcoin.com, a trailblazer in the cryptocurrency domain, the company announces the resignation of its CEO, Dennis Jarvis, and the welcoming of Corbin Fraser as the new Interim CEO. This leadership change marks a new chapter in Bitcoin.com’s journey towards making cryptocurrency accessible and usable for everyone, everywhere. During his tenure […] Original

CBDC Anti-Surveillance State Act Back in the Senate

The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank digital currency (CBDC) “would open the door for the federal government to […] Source CryptoX Portal

PEPE Explodes140% Today – What’s Up With This Meme Coin?

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Pepe Coin, the meme-inspired cryptocurrency, just doesn’t run out of surprises, skyrocketing by nearly 140% in the weekly timescale. This remarkable comeback has not only caught the attention of cryptocurrency enthusiasts but has also ignited renewed interest in meme coins as a whole. Pepe Coin, once languishing in the shadows, has now emerged as a frontrunner in the meme coin space. Its market capitalization has soared to an impressive $1.1 billion, and analysts predict that it could potentially reach its all-time high market cap of $1.8 billion, necessitating a tenfold…