30 Sep
0

South Korean Pension Fund Announces No Immediate Plans for Cryptocurrency Investments

The South Korean state pension fund has stated it has no current plans to invest in cryptoassets, despite recently purchasing crypto-related shares. According to Money Today, the National Pension Service (NPS) clarified that its recent acquisitions of Coinbase and MicroStrategy ...

Read More
30 Sep
0

Digital Asset Products Experience Third Consecutive Week of Inflows Totalling $1.2B

Digital asset products experienced their third consecutive week of inflows, totaling $1.2 billion, driven by ongoing expectations of dovish monetary policy in the US, according to CoinShares. Market expectations of dovish monetary policy from the U.S. Federal Reserve and positive ...

Read More
30 Sep
0

Why is the Ripple (XRP) Price Increasing Today?

**TL;DR** – XRP defied the market downturn, gaining 4% while most cryptocurrencies saw losses. – Analysts are bullish on XRP, predicting a potential rally with targets up to $2.30. ## Defying the Market Correction After several days of charting substantial ...

Read More
30 Sep
0

FTX Distribution Rumors Debunked: No Immediate Payouts Despite Social Media Speculation

Rumors are circulating on crypto social media that the embattled exchange FTX will start distributing as much as $11 billion to creditors on Oct. 1. “MartyParty” told his 116,000 X followers to sell their ETH, ADA, and DOT before this ...

Read More
30 Sep
0

Vinyl Group Announces Acquisition of UK-Based Web3 Start-up Serenade

Australian music technology company, Vinyl Group, has agreed to acquire a London-based Web3 start-up specializing in digital collectibles, Serenade. This deal will allow ASX-listed Vinyl Group to take control of Serenade’s assets, including 100% of the shares in its UK ...

Read More
30 Sep
0

FTX Crypto Holders to Recover Only 10-25% of Lost Assets, Sets $230M for Shareholders

Collapsed crypto exchange FTX has made last-minute changes to its payout plans, setting aside only 10-25% for FTX crypto holders. Further, FTX has allocated $230 million worth of proceeds from government forfeiture actions for the benefit of shareholders. According to ...

Read More
29 Sep
0

Which Cryptocurrencies Boast the Highest Number of Daily Active Addresses?

An analysis by market intelligence platform IntoTheBlock has discovered the number of daily active addresses for major cryptocurrencies. This metric offers insights into the intensity of user activity on these networks. According to data gathered by IntoTheBlock, these crypto assets ...

Read More
29 Sep
0

BlackRock’s Ethereum ETF Exceeds $1 Billion in Total Value Amid Renewed Enthusiasm

The US market for spot Ethereum exchange-traded funds (ETFs) has seen a shift in investor sentiment, with the largest weekly inflows recorded since early August. The surge marks the end of a six-week streak of consecutive outflows, signaling renewed enthusiasm ...

Read More
28 Sep
0

XRP Price Surge to $2? Analysts Highlight SEC Challenges Before Appeal

Ripple (XRP) is holding steady at nearly $0.6100, bolstered by positive sentiment in the crypto market and Bitcoin’s surge to $66,000. Analysts predict a potential rally for XRP, with some targeting a long-term increase to $31. This optimism stems from ...

Read More
28 Sep
0

Can Shiba Inu (SHIB) Achieve a Price Milestone Before the End of 2024? (ChatGPT Analysis)

TL;DR Shiba Inu’s price rose significantly recently, but a major rally will depend on favorable market conditions and increased SHIB burning. 55% of SHIB holders are now in profit, showing a positive shift. How Realistic Is Such a Scenario? Shiba ...

Read More