A popular cryptocurrency analyst has predicted that the “next stop” for the price of $XRP, the native token of the XRP Ledger, may soon reach the $0.57 mark, which would represent an upside of around 32% from the cryptocurrency’s current price tag of around $0.42. According to cryptocurrency analyst Tara, XRP’s price rise should line up with a Bitcoin (BTC) […]

Over 8 million native assets have been minted on top of the Cardano ($ADA) blockchain, nearly doubling the figure seen in May 2022 when there were 5 million. The Cardano network, it’s worth noting, started accommodating these assets on March 1, 2021. According to data from pool.pm, there are now 8.03 million native assets on Cardano deployed across over 70,900 policies. […]

The total market capitalization of the stablecoins within the cryptocurrency space has fallen by 1.35% to $133 billion, the lowest it has been in 18 months, amid a US banking crisis that has been part of the reason behind the space’s decline for its twelfth consecutive month. According to CryptoCompare’s latest Stablecoins & CBDCs report, the fall in stablecoins’ market […]

The parent company of Playboy, PLBY Group, has reported an impairment loss of $4.9 million on the Ethereum ($ETH) it held last year, which was received after it accepted the cryptocurrency as a payment method for a non-fungible token (NFT) collection. Back in 2021, PLBY Group accepted Ethereum as payment for its “Rabbitars” NFT collection, and has seen been holding […]

Bankrupt cryptocurrency lender Voyager Digital has sent an additional 270 billion tokens of the meme-inspired cryptocurrency Shiba Inu ($SHIB) to the Nasdaq-listed cryptocurrency exchange Coinbase, alongside other tokens including Ethereum’s ether. According to data from blockchain analysis service Lookonchain, Voyager has sent an additional 270 billion SHIB tokens to the cryptocurrecy exchange, alongside 17,000 $ETH worth over $19 million, and 12 million […]

Decentralized exchanges (DEXs) have experienced a significant trading volume surge during the stablecoin crisis seen earlier in the week, which saw the value of the second-largest stablecoin by market capitalization, USDC, plunge to a low of $0.87 before recovering, According to CryptoCompare’s latest Market Analysis blog post, this market USDC’s all-time low, and came after Circle disclosed that $3.3 billion […]

The meme-inspired cryptocurrency Dogecoin ($DOGE) has recently overtaken Polygon ($MATIC) in terms of market capitalization amid a wide cryptocurrency market sell-off influenced by Silvergate bank winding down. According to market data, Dogecoin currently has a market capitalization of $9.45 billion, whole MATIC has a market capitalization of $9.3 billion, making these the eighth and ninth largest digital assets by the […]