[ad_1] XRP’s trading activity has recently experienced a significant surge, fueled by a substantial inflow of “hot capital,” representing short-term investments. Data from blockchain analytics platform Glassnode indicates that XRP’s hot capital jumped from $0.92 billion on April 20th to $2.17 billion by April 28th, a remarkable 134.9% increase in just over a week. Surge in Short-Term Investment This dramatic rise in hot capital signals renewed interest from short-term traders and speculators, leading to increased trading volumes. However, it’s important to note that despite this recent surge, XRP’s hot capital remains below its previous peak of $7.66 billion recorded in…
Author: NBTC
[ad_1] This is a segment from the Supply Shock newsletter. To read full editions, subscribe. To be clear, Satoshi never actually coded a poker game into the Bitcoin client. Bitcoin’s creator did, however, include the graphic user interface for a poker lobby in the first version. Satoshi removed the code in the very next commit. Erik Voorhees made up for it and then some with SatoshiDice. The service launched around this time in 2012 as a provably fair Bitcoin betting game that mostly ran onchain. Players would directly send bitcoin to one of many “1dice” vanity addresses, each with their…
[ad_1] Ozean partners with BounceBit to expand real-world asset access through PortUSD integration. BounceBit integrates PortUSD into its RWA Vaults to offer yield from real economic activity. Clearpool’s Ozean project aims to streamline RWA adoption with Optimism’s Superchain support. Clearpool’s new blockchain project, Ozean, is advancing real-world asset (RWA) integration in decentralized finance (DeFi) through a new collaboration with BounceBit. Ozean announced that PortUSD, its RWA token offering, will be incorporated into BounceBit’s RWA Vaults. BounceBit, a CeDeFi infrastructure provider with over $500 million in unincentivized Total Value Locked (TVL), will add PortUSD to its yield-generating products. This move will…
[ad_1] Michael Saylor, the CEO and co-founder of Strategy (formerly MicroStrategy), has taken to social media to compare the recent performance of his company to major tech firms and market indexes. According to Saylor, Strategy’s bold decision to keep accumulating Bitcoin (BTC) is paying off. The @Strategy is Working. pic.twitter.com/VyeD7r1rZh — Michael Saylor (@saylor) April 25, 2025 In stark contrast to leading tech companies and indexes that posted negative returns over the past three months, Strategy is in the green. The company’s current business approach is centered on buying and holding BTC as a principal reserve asset. Saylor reiterated his…
[ad_1] There has been a lot of buzz online this week about ProShares launching an XRP ETF on April 30. Some social media posts and reports claimed that the U.S. Securities and Exchange Commission (SEC) had approved it and that it would go live this week. But that’s not true. A spokesperson from ProShares cleared up the confusion. They said:“ProShares does not have any ETF launches scheduled for Wednesday, April 30. We have no further news to share at this time.” So where did the rumor come from? The misunderstanding seems to have started because people confused the “effective date”…
[ad_1] Bitcoin trades just around the key psychological resistance at $95,000 as bullish momentum continues to build following a resilient recovery phase marked by consolidation and declining intraday volume. Bitcoin On the daily chart, bitcoin shows signs of a V-shaped recovery, rebounding sharply from a local bottom of approximately $74,434 after a steep decline from $100,185. The price has since been consolidating just under the critical $95,000 level, indicating healthy accumulation. Volume increased notably during the recent rally, reflecting strong buyer interest. Support levels are currently observed at $85,000 and $74,400, while resistance lies between $95,000 and $100,000. A break…
[ad_1] Zypto App has introduced a new feature that allows Shiba Inu enthusiasts to access ShibaSwap and Shibarium tokens on a single platform. The all-in-one crypto wallet announced a landmark breakthrough specifically for enthusiasts of Shiba Inu and the doggy-themed meme coin’s ecosystem. In a tweet on Tuesday, April 29, Zypto disclosed that users can now access both ShibaSwap and Shibarium directly from its upgraded mobile application. New Features Support Shibarium and ShibaSwap ShibaSwap is the Shiba Inu ecosystem’s decentralized exchange, where network users can swap native tokens like BONE, LEASH, and SHIB. Notably, the platform also supports a wide…
[ad_1] According to on-chain analytics platform Glassnode, Ethereum ETFs experienced their first positive net inflow following eight straight weeks of outflows. The inflow, while modest at around 40,000 ETH, indicates a potential shift in sentiment toward ETH exposure. Following months of continuous withdrawals from Ethereum funds, this reversal suggests that Ethereum might be seeing renewed institutional engagement as the broader crypto market recovers. Meanwhile, US #Ethereum ETFs recorded their first positive net inflow after eight consecutive weeks of outflows.The inflow was relatively modest – approximately 40,000 $ETH – but marks a potential shift in sentiment around #ETH exposure. pic.twitter.com/HYTnWy0eCD —…
[ad_1] The traditional four-year Bitcoin price cycle, which followed halving events, is losing its impact across the market. Analyst Ash Crypto highlighted that the historical Bitcoin cycle used to contain four distinct stages: a bear market, followed by accumulation, then a bull market, and finally, the euphoria phase. Recent market trends suggest that the Bitcoin price cycle is becoming less predictable, while liquidity factors are emerging as stronger determinants of its price movements. IS THE 4-YEAR CYCLE DEAD, OR IS IT ALL ABOUT LIQUIDITY?The traditional 4-year crypto cycle tied to Bitcoin halvings looks like it is becoming irrelevant.Historically, the cycle…
[ad_1] THORChain has announced the imminent integration of XRP into the protocol’s mainnet, offering massive benefits to XRP and RUNE holders. The decentralized liquidity platform shared in a tweet on Tuesday, April 29, that XRP swap is coming to its protocol. The much-anticipated integration will bring decentralized finance (DeFi) presence to XRP, with THORChain tapping into XRP’s massive trading volume. Integration Much Bigger Than You Think THORChain is a decentralized cross-chain liquidity provider that enables seamless swaps across supported networks without relying on centralized exchanges or wrapped tokens. The platform bridges swaps between Bitcoin, Ethereum, BNB, and five other assets.…