Ripple’s Latest Move Bolsters It As A Digital Asset Custody Provider

Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade….

Read More

Ethereum Spot ETF Hurdles: Expert Raises Concerns Over US SEC’s ETH Security Review

As the cryptocurrency world anxiously awaits the decision regarding Ethereum Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC), much has been said about the variables that could influence the Commission’s ruling. Author and finance lawyer Scott Johnsson enters the discussion and highlights an important point: the SEC might consider Ethereum’s…

Read More

More Pain For Ethereum? Analyst Predicts “Washout” To $2,700 Amid Regulatory Pressure

Ethereum remains under immense selling pressure, shaving over 30% from March 2024 highs. With prices recently dropping below $3,000 and sellers doubling down, there could be no reprieve for optimistic buyers in the sessions to come.  Analyst Expects One More “Washout” To $2,700 Taking to X, one analyst notes that the coin is still bearish and…

Read More

Can Ethereum Sustain Momentum? Key Levels To Watch In The Short Term

Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride lately, dipping below the psychologically important $3,000 threshold only to claw its way back, Ethereum’s price action has been a confusing mix of bullish and bearish signals. Bullish Whispers: New Investors And Short-Term Spikes A glimmer of hope emerged for Ethereum bulls with a…

Read More

Dencun Destroyed The Ethereum “Ultra-Sound Money” Narrative: CryptoQuant

Researchers at CryptoQuant, a crypto analytics platform, are now disproving the idea that Ethereum is “ultra-sound money,” especially after activating the highly anticipated Dencun Upgrade in mid-March. Analysts observe that the hard fork has slowed the number of coins going to the “furnace.” Accordingly, ETH is now more deflationary, considering the rising daily supply over the…

Read More