The author of the personal finance bestseller Rich Dad Poor Dad, Robert Kiyosaki, is leaning bearish on the stock market while remaining bullish on Bitcoin (BTC). The best-selling author tells his 2.7 million followers on the social media platform X that a prophecy he made of a massive stock market crash in a book he […]
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Closely followed crypto analyst Benjamin Cowen says that one last correction could trigger an Ethereum (ETH) run to new all-time highs in the near future. In a new strategy session, Cowen points out a correlation between the Bank of Japan raising interest rates and ETH capitulation wicks the following month, potentially reacting to macro signals […]
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XRP Ledger’s decentralized exchange has seen a total of more than $1 billion in swap volume since launching in 2024, according to Ripple’s CEO.
XRP Ledger’s native decentralized exchange (DEX) has clocked $400 million in swap volume in January, averaging approximately $17 million per day, Ripple CEO Brad Garlinghouse said on Jan. 28.
The DEX has handled upward of $1 billion in cryptocurrency swaps since launching in 2024, he said during a discussion on the X platform as part of XRP Community Day.
Its rapid growth is among several reasons “why 2024 will certainly stand out as one of the most monumental years for Ripple,” Garlinghouse continued.
The smart contract platform Moonbeam has introduced Datahaven, a decentralized storage protocol for AI and Web3 applications, in collaboration with Eigenlayer. The solution targets Ethereum layer two (L2) developers, offering secure, censorship-resistant data storage. Moonbeam Launches Datahaven According to the Moonbeam development team, Datahaven’s integration with Eigenlayer’s framework and various Ethereum L2 solutions targets advancements […]
Unsustainable memecoin frenzies, global uncertainty and investors’ risk-averse positioning could complicate Solana’s chances of hitting new all-time highs.
Solana’s native token SOL (SOL) saw its price drop by 17.2% between Jan. 24 and Jan. 27. After touching its lowest levels in 10 days, the price recovered to $235, but this is still 26% below its Jan. 19 all-time high of $295. This recent downturn partially reflects a 40% decline in Solana’s network onchain trading activity. Despite the short-term weakness, SOL has the potential for further gains in 2025.
7-day onchain trading volumes rank, USD. Source: DefiLlama
Solana’s competitors have shown more resilience. BNB Chain volumes dropped by just 1%, while Ethereum’s base layer saw a 10% reduction in activity over seven days. However, it’s important to note that other competitors and Ethereum layer-2 solutions also reported 25% to 30% lower onchain volumes during the same period.
Binance has faced its fair share of legal probes around the world, often forcing it to withdraw from countries or pay hefty fines.
Cryptocurrency exchange Binance has come under scrutiny from governments in multiple countries in recent years, with authorities in France launching the latest legal challenge.
On Jan. 28, authorities in France reportedly opened an investigation into the exchange over allegations of money laundering and tax fraud. The money laundering is reportedly associated with drug trafficking. The investigation is looking into a period between 2019 and 2024 but is not limited to France and will include all European Union countries.
It is not the first time Binance has been in the crosshairs of the French government. The country has been examining the company’s activities since 2022, with the exchange reportedly failing to have adequate Know Your Customer procedures to check on users and possible money laundering activity.
Koinos.fun's innovation could accelerate blockchain adoption by simplifying user experience and eliminating transaction fees, challenging traditional models.
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A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a single victim last month. The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December 12th. “The stolen funds were bridged from Sui to Ethereum via Bridgers and then deposited to Tornado Cash […]
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The world’s largest crypto exchange is facing a new investigation into what the company calls “old” allegations in France. According to a new Reuters report, French authorities are investigating charges of money laundering in connection with drug trafficking against Binance. Said an unnamed Binance spokesperson to Reuters, “Binance fully denies the allegations and will vigorously […]
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Bitcoin and ether exchange-traded funds (ETFs) started the week in the red with $457 million and $136 million in outflows. 7-Day Inflow Streak Comes to an End With Significant Outflow U.S. spot bitcoin ETFs experienced a net outflow of $457.48 million on Monday, Jan. 27, following seven consecutive days of positive inflow. Fidelity’s FBTC led […]
