XRP’s price is cruising around $ 3.26 to $ 3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $ 25.67 billion, while market capitalization swelled to $ 187.28 billion. The cryptocurrency traded within an intraday range of …
Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $ 5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $ 1 billion …
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10. The jurisdiction for Utah, previously held by SLRO, will now be managed by the […]
GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’
Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $ 7.65 billion in trading volume. Concurrently, while a host of new entrants enjoyed strong inflows, Grayscale’s GBTC encountered notable outflows, coinciding …