Memecoin Surge Overshadows Bitcoin as Search Interest Shifts
Google search trends reveal a stark contrast between Bitcoin and memecoin interest, with the latter gaining momentum amidst a surge in new token creation on Solana and Tron networks.
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XRP Gains Traction Despite SEC Appeal: BRICS and Japan Lead Adoption
Despite the SEC’s ongoing legal battle with Ripple, XRP continues to gain adoption among BRICS nations and Japan. The cryptocurrency’s utility as a bridge asset remains attractive to global financial institutions.
Coinbase to Remove Unauthorized Stablecoins in EU Compliance Move
Coinbase announces plans to delist unauthorized stablecoins in the European Union by December 30, 2024, to comply with MiCA regulations. This move highlights the growing regulatory challenges for stablecoin issuers in the EU market.
Bitwise Takes First Step Towards XRP ETF
Crypto asset manager Bitwise has registered a trust entity in Delaware, signaling potential plans for an XRP-based ETF. Despite this development, XRP’s price remains relatively stable amidst a broader market downturn.
XRP’s Moonshot: Experts Debate Token’s Potential to Hit $100,000
Software developers and crypto enthusiasts speculate on XRP’s future value, with some projecting prices as high as $100,000 or even $1 million, based on potential asset issuance and adoption. However, market realities present significant challenges to these lofty predictions.
Binance Leads Chinese Crypto Market, X Tops Info Sources
A survey of over 2,000 Chinese-speaking crypto users reveals Binance as the dominant exchange and X (formerly Twitter) as the primary information source, highlighting trends in the Chinese crypto community.
Massive 104 Million XRP Transfer Sparks Whale Activity Speculation
A mysterious transfer of 104 million XRP, worth over $58 million, has been detected, potentially signaling significant whale activity in the cryptocurrency market.
Turkey Attracts Major Crypto Exchanges for Licensing
Coinbase, KuCoin, and other major cryptocurrency exchanges are seeking licenses in Turkey, signaling growing interest in the country’s burgeoning crypto market amid new regulatory clarity.
Coinbase Launches in Hawaii: A New Crypto Era for the Aloha State
Coinbase expands its cryptocurrency services to Hawaii following regulatory changes, allowing residents access to a full suite of crypto tools including buying, selling, and trading.
Solana ETFs: Inevitable in US After Brazil Approval?
Following Brazil’s approval of a Solana ETF, experts suggest similar approval in the US is inevitable but face regulatory hurdles and uncertain timelines.