Crypto Derivatives Market Share Hits All-Time High Despite Overall Volume
The world of cryptocurrency derivatives trading has seen some interesting developments over the past few months. In April, the volume of derivatives trading on centralized exchanges declined, but spot trading volume declined even more. As a result, the market share of crypto derivatives trading rose to a record 77.6%, marking a new all-time high. Although […]
Ripple’s sales surge in Q1. XRPL becomes day by day stronger.
According to its latest XRP Markets Report, Ripple, a blockchain company that creates global payment products and utilizes the XRP payment system, sold over $361 million worth of XRP tokens in the first quarter of 2023. This amount marks a significant increase from the previous quarter’s $226.31 million in sales. Ripple only sells XRP in […]
XRP rules on Korean Exchanges
In the world of cryptocurrencies, few tokens can boast the longevity and resilience of XRP. The token has held its position as one of the most traded cryptocurrencies on Upbit, South Korea’s largest exchange, for quite some time now. In late March, XRP’s trading volume reached an impressive $600 million on Upbit alone. And as […]
John Deaton takes on Twitter to support the Ripple’s Case
John Deaton, a lawyer in support of Ripple, has made optimistic predictions on Twitter regarding the outcome of the crypto industry’s push for regulatory clarity from the SEC. Deaton has expressed support for Coinbase’s Writ of Mandamus and believes that the industry will emerge victorious in court. He cites two reasons for his prediction: first, […]
The desert! Binance.US abandons the purchase of Voyager assets
Voyager Digital, a bankrupt crypto lender, announced on Tuesday via a tweet that Binance.US had terminated their asset purchase agreement by sending them a letter. Voyager expressed disappointment but noted that their Chapter 11 plan would still allow for the direct distribution of cash and cryptocurrency to their customers through their platform. Binance.US attributed the […]
Voyager sets with the US Gov. Binance.US deal is closer
Voyager Digital Holdings, a bankrupt cryptocurrency lender, has reached an agreement with the U.S. government, paving the way for its $1 billion sale of cryptocurrencies to Binance.US. The deal was approved by a New York District Court on April 19, with the Official Committee of Unsecured Creditors also in agreement. The government, however, retains the […]