Author: NBTC
Meta’s rumored acquisition of Ripple’s business units sparks debate on Ripple’s future as an XRP-holding company. XRP Ledger’s global potential may far exceed Meta’s platform needs, says Digital Perspectives’ Bradley Kimes. A viral post on X has sparked heated debates about the possibility of Meta acquiring Ripple’s business units, painting Ripple as a crypto-native version of MicroStrategy. But Digital Perspectives founder Bradley Kimes argues that XRP Ledger’s vision goes far beyond any single company like Meta. Let’s break down the scenario and what it means for Ripple, XRP, and the broader crypto industry. Meta’s Hypothetical Acquisition of Ripple: What You…
Kraken and Bitgo, the distribution agents selected by bankrupt exchange FTX, have confirmed that the second repayment for creditors will start soon. The two crypto firms sent emails to their customers telling them to expect a payout by May 30. FTX creditor Sunil Kavuri shared the update on X, with screenshots of the email sent by the firms. The two emails, which are quite similar, stated that FTX has completed the distribution of the funds to them, and they will proceed to credit the customers’ accounts. However, Kraken stated that the funds would appear in customers’ accounts on or before…
⚈ AI models ChatGPT and xAI’s Grok predict Bitcoin could trade between $102,000 and $115,000 by May 31, 2025, driven by ETF inflows and the 2024 halving event⚈ Bitcoin is showing bullish technical signals above key moving averages with potential to reach $106,000 but faces possible short-term pullbacks⚈Both AI models view $100,000 as a key resistance level and caution about volatility overbought conditions and macroeconomic risks As Bitcoin (BTC) consolidates around the $95,000 mark, two artificial intelligence (AI) models suggest that the maiden digital currency could finish May trading at $100,000. As of press time, Bitcoin was valued at $95,972,…
The Uniswap Foundation has released its Q1 2025 financial report, revealing a strong financial position with approximately $95 million in assets Uniswap also commands a 67% market share among decentralized exchanges (DEXs) on Ethereum. However, its momentum faces new legal headwinds, as rival protocol Bancor has filed a patent infringement lawsuit, escalating tensions within the Automated Market Maker (AMM) space. Stable Financial Position As of March 31, 2025, the Uniswap Foundation has allocated $115.1 million for grants and operational activities, ensuring sustainability until January 2027. The report indicates Uniswap holds $53.4 million in cash and stablecoins, 15.8 million UNI tokens,…
XRP shows positive price momentum, but daily averages of new wallets created reveal slow user growth compared to its peers. Over the past week, XRP has experienced renewed bullish momentum, briefly peaking near $2.62 before a retracement to $2.47 as of May 15. Despite a 5.2% drop in the last 24 hours, the asset remains up 12.8% over the past 7 days and 12.4% in the last two weeks. However, beyond the recent price swings, network-level data reveals a more complex picture of user growth, pointing to subdued adoption metrics alongside ongoing accumulation. New metrics from Santiment highlight these trends,…
Attention, traders and holders of the IP Token (Story)! South Korean crypto exchange giant, Bithumb, has made a significant announcement impacting users dealing with the Story (IP) token. Effective May 23 at 09:00 UTC, the exchange will be temporarily suspending deposit and withdrawal services for the IP Token. This move is standard procedure, undertaken specifically to support a vital network upgrade for the Story protocol. While temporary service disruptions can be inconvenient, understanding the ‘why’ behind them is key to navigating the crypto space. What Exactly Did Bithumb Announce Regarding the IP Token? In a notice posted on its official…
While the overhyped “400x-500x from here” estimate for BTC should never be treated as a crypto price prediction, it is backed by solid calculation, Twenty One CEO Jack Mallers said in The David Lin Report’s recent episode. Bitcoin (BTC) to $50,000,000: Jack Mallers shares some math behind estimate On May 1, 2025, seasoned Bitcoin entrepreneur and investor Jack Mallers sat down with journalist David Lin of The David Lin Report to discuss the mission of Twenty One, a newly-created Bitcoin-only joint venture backed by Tether, Softbank and Cantor Fitzgerald. Strike founder Mallers joined Twenty One as a founding CEO. In…
CryptoGoos has recently announced its first-ever Cookie campaign by partnering with Spark. The campaign is built to manage a streamlined access to high-yield earning strategies. This advanced step aims to provide an opportunity for users to earn sweet rewards while staking their stablecoins with minimal effort. The first Cookie campaign has officially launched in partnership with @sparkdotfi !Here’s what Spark is all about 👇Spark is powering the future of DeFi with over $2.6 billion in liquidity.It’s easy to add liquidity, borrow, and earn at competitive rates, all backed by… pic.twitter.com/3LX4IfByCX — CryptoGoos (@crypto_goos) May 23, 2025 CryptoGoos, a platform for…
Sygnum Bank is now allowing clients to use staked SOL as collateral for multi-currency loans, as institutional demand drives a doubling in its crypto lending volume. Swiss digital crypto-friendly bank Sygnum has added staked Solana (SOL) to its portfolio of tokens eligible as collateral for Lombard loans, allowing clients to access fiat liquidity while continuing to earn staking rewards. In a Thursday blog announcement, the Swiss bank said the new feature applies to loans in Swiss francs, euros, Singapore dollars, and U.S. dollars. The new update allows Sygnum clients to unlock liquidity from their staked Solana holdings while continuing to…
Attention, cryptocurrency traders and holders! If you interact with the MAGIC token on the South Korean exchange Upbit, there’s an important update you need to be aware of. Upbit has announced a temporary halt on all MAGIC deposits and withdrawals, directly impacting users ahead of a significant network transition for the token. Why is Upbit Announcing This Crucial MAGIC Deposit Suspension? The core reason behind Upbit’s decision is a planned network transition for the MAGIC token. According to an official announcement on the exchange’s website, MAGIC is migrating from its current network, Treasure Chain, over to the Ethereum network. This…