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XRP Spikes 10% as Several Institutions Adopt Ripple’s Services

XRP traders often react to Ripple developments even as the company maintains distance from the token.

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Author: Shaurya Malwa

Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows

The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.

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Author: Omkar Godbole

Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit

The investor launched a suit last year in Seychelles against Matrixport’s subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says Jihan Wu is keeping because Wu blames him for the collapse of CoinFLEX.

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Author: Sam Reynolds

Bank of England Publishes Plans to Regulate Wide-Use Stablecoins

The U.K. government published plans for regulating crypto last week.

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Author: Camomile Shumba

SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken

The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token’s price is near the highest in a year.

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Author: Sam Reynolds

GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains

While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.

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Author: Shaurya Malwa

There Is No Reason Not To Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata’s Greg Magadini said.

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Author: Omkar Godbole

FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets

Bankrupt crypto exchange FTX and its debtors have asked the U.S. Bankruptcy Court in Delaware to approve the sale of trust assets, funds of Grayscale and Bitwise amounting to an estimated $744m, through an investment adviser.

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Author: Amitoj Singh

The Simpsons Take a Dig at NFTs, Crypto in ‘Treehouse of Horror’ Episode

“Remember how we were always saying we wish Bart was less fungible,” Homer asks Marge after he puts his son on-chain.

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Author: Sam Reynolds

Hong Kong Now Considering Spot Crypto ETFs for Retail Investors: Bloomberg

The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.

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Author: Sam Reynolds


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