Fintech firm Ripple is launching a platform tailored for central bank digital currencies (CBDCs). This unique platform, which is based on the $XRP Ledger, aims to empower central banks, governments, and financial institutions to create and manage their own digital currencies. Ripple’s novel CBDC platform equips these institutions with the ability to oversee the full life cycle of the CBDC, […]

A newly formed mysterious Shiba Inu ($SHIB) wallet has recently accumulated a whopping 20 trillion tokens for around $176.8 million, making it the fifth-largest holder of the meme-inspired cryptocurrency. The investor now holds around 2% of the cryptocurrency’s supply. The accumulation came through four equal transactions, each contributing 5 trillion SHIB to the investor’s digital war chest. Interestingly, the transactions […]

Bankrupt cryptocurrency lending platform Celsius has moved to reclaim its Lido staked Ether (stETH) tokens from liquid staking platform Lido after the latter recently enabled withdrawals. These withdrawals came in after Ethereum’s Shapella upgrade allowed investors to unstake their $ETH. Celsius has commenced the process of retrieving its Lido Staked Ether tokens according to blockchain data. The firm has requested […]

A popular cryptocurrency analyst has recently predicted that the price of $XRP, the native token of the XRP Ledger, could soon see a significant surge that should start in the near future. His projects show the cryptocurrency could trade at $3.82 by the end of the year, a near 880% rise. Pseudonymous cryptocurrency analyst Dark Defender made his prediction on […]

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its daily transaction volume surge to a new all-time high, to the point that it surpassed the transaction volumes of the largest digital currency by market capitalization, Bitcoin ($BTC), and that of a cryptocurrency often seen as the silver to Bitcoin’s gold, Litecoin ($LTC). According to data shared by Dogecoin enthusiast Mishaboar on […]

BinanceUS, the United States arm of the global crypto titan, Binance, has integrated a dollar-cost averaging feature for the meme-inspired cryptocurrency Shiba Inu ($SHIB), aimed at making it easier for the cryptocurrency’s enthusiasts to keep growing their holdings over time. The cryptocurrency exchange’s dollar-cost averaging feature is also available for numerous other major cryptocurrencies including Bitcoin ($BTC), Ethereum ($ETH), and […]

A popular cryptocurrency analyst has hinted at short-term optimism for a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB), following a substantial correction in the meme cryptocurrency market after a prolonged rally. The pseudonymous cryptocurrency analyst, Kaleo, shared with his over 580,000 followers on the microblogging platform Twitter that he believes the meme-onspired cryptocurrency $PEPE, currently the third-largest of its […]

In the first week of May, Ethereum validators saw their earnings surge to $46 million in a significant increase that can largely be attributed to the uptick in the staking rewards rate. The figure represents a 40% rise from the previous week’s earnings of $33 million, when 18,3339 $ETH were distributed in rewards. Over the past week, Ethereum network validators […]