The latest figures reveal that the stablecoin economy expanded by 5.33% in July, with a $13.537 billion boost added over the course of the month. USDe, USDf Steal the Spotlight With 62.55% and 103% Jumps in One Month The stablecoin market keeps expanding, and if another $2.589 billion flows in next week, it’ll cross the […] Source CryptoX Portal
The Bitcoin (BTC) mining difficulty hit an all-time high of 127.6 trillion this week, but is projected to drop during the next difficulty adjustment on August 9. Mining difficulty is expected to fall by about 3% to 123.7 trillion in the next adjustment period, and the current average block time is about 10 minutes and 20 seconds, according to CoinWarz. Data from CryptoQuant shows that the mining difficulty fell in June, with a sharp drop-off at the end of month and the first two weeks of July, when difficulty fell…
Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger. The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though XRP itself would not carry any gold reserves. How XRP Bridges Gold Token According to Aljarrah, XRP only needs to power the on-chain movement of gold-pegged coins. Based on reports, each gold token on the…
New data from senior Bloomberg analyst Eric Balchunas reveals that US crypto ETFs (exchange-traded funds) beat out Vanguard’s renowned S&P 500 ETF (VOO) in July. In a new thread on the social media platform X, Balchunas notes that US crypto ETFs had a staggering $12.8 billion worth of inflows in July, outpacing all other ETFs, including VOO, which currently has $713.13 billion in assets under its management. “US Crypto ETFs took in $12.8 billion in July, the best month ever, [at] a $600m/day pace, about double [the] average. As a…
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The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto and early-stage technology companies like Microsoft. Why Market Cap Doesn’t Cap Technology In his video, Pantoja dismissed the idea among many investors that XRP’s market cap should be used as a rigid barrier against long-term…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io finally we are covered one more bitcoin mining farm and In this video we have told about home miners and kaspaminers who are causing losses to many people financially. people need to stay away from such miners. thank you all.watch carefully.This is The Reality of Home Miners, Kaspa miners, and others #realityshow #kaspamining #homeminer What To Mine link➡️ Nicehash Calculator link➡️ ——————————) MY Phone No. 7011001586 Groups link – location – Address = F – 218, Sector – 36, Greater Noida –…
Key Notes PEPE price drops 21% in five days, retesting $0.00001 for the first time since July 9. Arthur Hayes liquidates $13M in ETH, ENA, and PEPE, stoking bearish sentiment. Flat candles and waning sell pressure hint at a potential local bottom near $0.000010. PEPE price plunged to $0.00001 on Saturday, shedding over 21% during a five-day losing streak. The latest leg of the PEPE price dip comes amid a $13 million sell-off from BitMex co-founder and longtime Bitcoin maximalist Arthur Hayes. Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and…
Bitcoin exchange-traded funds (ETFs) experienced a historic $812 million outflow, their second-largest on record, while ether ETFs saw their 20-day green streak end with $152 million in losses. Bitcoin ETFs Record Second-Largest Outflow Ever As Ether ETFs Historic Inflow Ends The first day of August brought a brutal twist for crypto ETFs as both bitcoin […] Original
Key Notes Ripple Labs has moved 700 million XRP into escrow in three transactions. XRP’s price dropped sharply, falling below the $3 mark amid a general market downturn. Two earlier transfers suggest more activity linked to Ripple’s escrow strategy. Ripple Labs has locked 700,000,000 XRP in escrow after the price of the coin dropped below the $3 mark. This happened on August 2 and was flagged by Whale Alert, a platform known for tracking large cryptocurrency transactions. The move came at a time when XRP was already struggling in the…