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XRPL Records 80M Closed Ledgers, Marking Decade of Blockchain Success

In a significant milestone for the XRP Ledger (XRPL), the renowned blockchain network has recently closed its 80 millionth ledger, signifying a remarkable decade-long journey of growth and success. The XRPL explorer and network Analysis platform, XRPScan, took to Twitter on Wednesday to announce the landmark victory for the XRP blockchain. The achievement highlights the enduring strength and reliability of the XRP Ledger and the continuous contributions made by its dedicated network participants. The XRP Ledger just closed 80 million ledgers (in about 10.5 years). Thank you to all network participants for your contributions. pic.twitter.com/bFgiaTHIXg — XRPScan (@xrpscan) May 24, 2023 Notably, each ledger represents a block of transactions successfully validated and recorded on the blockchain. The achievement underscores the remarkable number of times the XRP Ledger has processed and added new blocks, solidifying its position as a reliable and efficient network....

Dogecoin Whale Transfers ~$400 Million Worth DOGE

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In a series of transactions earlier this week, a Dogecoin whale transferred billions of DOGE tokens. According to on-chain data from DogeChain, the wallet transferred tokens in 8 batches containing 680 million tokens each. One set was approximately worth $49.5. million to $49.7 million. 🪙 680,000,000 $DOGE ($49,736,560 USD) was transferred from a #Top20 wallet to a #Top20 wallet. Fee: 1.51 ($0.11 USD) Tx: https://t.co/SA7xoy2AoT#DogecoinWhaleAlert #WhaleAlert #Dogecoin #CryptoNews — Ðogecoin Whale Alert (@DogeWhaleAlert) May 22, 2023 This means, a total of 5.44 billion tokens roughly worth around $396.8 million were transferred by the whale. The afore-highlighted transaction, along with the other seven transactions took palace in a span of less than ten minutes. Source: DogeChain Also Read: Man Makes $1 Million in Meme Coins: Trades Pepe Coin, 100+ Other Tokens All transfers took place from a top 20 wallet and were sent to another top 20 wallet. The sending address ...

When pizza became the unsung hero of Bitcoin’s history: A cheesy celebration

Join the cheesy celebration and learn how Bitcoin Pizza Day shaped the adoption of cryptocurrencies. There are key events in the fascinating world of cryptocurrencies that have shaped the trajectory of adoption. One such occasion is commemorated annually as Bitcoin Pizza Day: a commemoration of a seemingly unremarkable transaction that had a profound effect on the development of Bitcoin (BTC). So, on Bitcoin Pizza Day, let’s indulge in a cheesy celebration. Let’s remember the unsung hero that brought Bitcoin into the real world; a simple slice of pizza that captured the imagination of a community and played a part in the remarkable journey of Bitcoin. A historic event took place on May 22, 2010 A remarkable event unfolded in the early days of Bitcoin when the idea of digital currencies was still in its infancy. A fervent Bitcoin supporter, Laszlo Hanyecz, requested a pizza on an internet forum and offered a mind-blowing 10,000 BTC as payment. It was a light-hearted request meant to d...

Ripple CEO Says Europe is Benefiting from the ‘Confusing’ U.S. Crypto Regulations

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Join Our Telegram channel to stay up to date on breaking news coverage Ripple CEO, Brad Garlinghouse asserts that the Confusing U.S. Crypto Regulations are driving Ripple and similar companies to consider overseas investment opportunities.  Europe emerges as a significant beneficiary of this situation. Garlinghouse advocates for the United States to adopt a regulatory approach akin to countries like the United Kingdom and Singapore, which have effectively established transparent guidelines for regulating cryptocurrencies. Crypto Firms Limit Exposure to U.S. Clients and Companies Amid Confusing’ U.S. Crypto Regulations Ripple CEO, Brad Garlinghouse, has revealed that Europe is reaping significant benefits from the uncertainty prevailing in the United States cryptocurrency industry, primarily caused by the actions of the Securities and Exchange Commission (SEC). Consequently, crypto firms are now seeking to invest outside the U.S. Garlinghouse highlighted that Rippl...

Pepe Coin Overtakes Shiba Inu Holdings for This Trading Firm

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Pepe Coin (PEPE) has emerged as one of the best-performing cryptos in 2023, outperforming rivals such as Shiba Inu (SHIB) and Dogecoin (DOGE). Although PEPE’s performance has significantly dropped in the last few weeks, many investors still seem bullish on the frog-themed crypto. London-based liquidity provider and crypto trading firm Wintermute is moving its portfolio toward PEPE, moving away from SHIB. A well-known crypto analyst named Jason Cline pointed out that Wintermute has an equal amount of APE and Pepe Coin. Moreover, the firm has more Pepe Coin (PEPE) than Shiba Inu (SHIB). This development foreshadows a changing market dynamic for meme coins. Cline claimed that Wintermute has recently engaged in active PEPE trading. The company sold off about $227,000 worth of PEPE before beginning to repurchase it shortly after. However, the firm has not disclosed the reason behind the move. Nonetheless, it gives weight to the argument that the firm is still bullish on PEPE, despite its...

Gemini considers forbearance after DCG defaults on a $630M payment

Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis. Troubled cryptocurrency exchange Gemini is considering a forbearance option against the Digital Currency Group (DCG), which missed a $630 million re payment last week. When a lender grants forbearance , the borrower can temporarily reduce its mortgage payment or temporarily stop making payment s. The borrower must subsequently pay the reduced or paused payment s. In its updated response, Gemini claimed that the forbearance consideration would be partly based on whether DCG will engage in good-faith negotiations on a consensual deal. If an agreement cannot be reached among the involved parties, Gemini plans to work with DCG-owned Genesis Capital to suggest terms for an amended plan of reorganization that could be advanced without DCG’s consensual participation. On May 19, Genesis also filed a motion with the bankruptcy court seeking to extend its peri...

Litecoin Closes the Week Up 14% as Halving Expectation Gets Priced in

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The current price action of Litecoin has pushed it to print a 14% growth in the week to date period. As a leading a LTC oin with a vibrant and functional ecosystem, the positive sentiment boosting price growth at the moment stems from the anticipation of the coming Halving event. advertisement As a PoW protocol, Litecoin also undergoes halving every 4 years, taking similarities to that of Bitcoin. The next halving event according to a recent reminder shared to the community by Litecoin is set to take place in just about 74 days. The update is not alien to the Litecoin community as it is an expectation that has been building up for a while now. The whole euphoria of the Halving appears to be pricing in and is now giving investors the leverage to stay optimistic in the longer term price impact of the event.  Core Impact of Litecoin Halving With the cryptocurrency ecosystem still known to largely be in the bear market, every digital currency is i...

Trader Believes Now Is a Good Time to Buy Into Dogecoin (DOGE)

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A crypto trader and analyst by the name of Crypto Rover shared in a tweet this morning that he is bullish on Dogecoin (DOGE) after the meme coin was able to print higher lows over the past few weeks. During the last 24 hours, however, DOGE was one of the many cryptocurrencies that suffered losses heading into the weekend. The crypto market tracking website, CoinMarketCap, indicated that DOGE was trading hands at $0.07343 after a small 0.05% price decrease over the past day. This meant that DOGE was trading closer to its daily low of $0.07323 than its daily high of $0.07396. DOGE’s price drop also resulted in the meme coin weakening against the two market leaders, Bitcoin (BTC) and Ethereum (ETH). At press time, DOGE was down against BTC by 0.22% and down against ETH by 0.38%. The drop in DOGE’s price was not enough for its weekly performance to fall back into the red as, at press time, DOGE was up by 1.77% over the past seven days. Meanwhile, its 24-hour trading volume ...

Best Crypto to Buy May 19 – Injective, Nexo, Stellar

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Join Our Telegram channel to stay up to date on breaking news coverage   The market cap for cryptocurrencies is now at $1.13 trillion. That signifies a 0.60% decrease since our last best crypto to buy post yesterday. Market Cap Charts The recent dip in Bitcoin’s value might have caused the global market cap to fall. Other major cryptocurrencies like Solana and Ethereum were also in the red yesterday. Moreover, JPMorgan has said the ongoing crypto winter can’t end unless stablecoins stop “shrinking.” The search for the best crypto to buy now intensifies as investors navigate the ever-evolving landscape of digital currencies. With market conditions constantly changing, it becomes essential to identify the most promising cryptocurrencies that offer potential growth and value. Evaluating factors such as market trends, recent developments, and performance metrics can assist in making informed investment decisions. Investors can capitalize on thi...