XRP settlement in 2023 strengthens RippleNet with 42% transaction growth
The XRP legal settlement boosts RippleNet, with Ripple (XRP) securing clarity. In 2023, transactions surged by 42%, involving partners like MoneyGram.
South Korea enforces 20% crypto tax and stricter oversight by 2024
South Korea announced crypto reforms targeting 2024, involving Bitcoin and Ethereum. The plan includes stricter oversight and a 20% tax on gains.
Moderna stock drops 12% on Bitcoin move as Ethereum treasuries hold $3.2B
Biotech firm Moderna dropped 12% after announcing Bitcoin investments, while Ethereum treasuries held $3.2B amid market volatility and shifting investor sentiment.
ENA stablecoin USDe achieves decentralized hedging without banks in 2024
ENA stablecoin USDe facilitates decentralized hedging, eliminating traditional banking reliance. Ethereum processes 1.2M transactions daily. Key players include MakerDAO and Aave.
Vaultz Capital adds £1.5M Bitcoin to treasury, now holds 42 BTC
Vaultz Capital acquired £1.5M in Bitcoin, expanding its treasury. The UK firm now holds 42 BTC, joining MicroStrategy and Tesla in corporate crypto adoption.
Solana (SOL) hits $180 amid 13% surge as market cap nears $80 billion
Solana (SOL) surged 13% to $180, with analysts eyeing $200. Ethereum (ETH) and Bitcoin (BTC) also gained. SOL’s market cap nears $80 billion.
Ethereum outflows hit 40,000 ETH daily as buying pressure rises
Ethereum daily outflows reached 40,000 ETH as buying pressure surged. Bitcoin and Solana also saw increased activity, with ETH trading volume up 15%.
Ethereum ETF inflows hit $1.5B as price targets $5,000 in 2024
Ethereum surged 20% as ETF inflows hit $1.5B, with analysts like JPMorgan and Grayscale predicting $5,000 amid rising institutional demand.
Bitcoin sets new record at $123,503 as crypto market expands
Bitcoin reached a record $123,503, surpassing previous highs. Ethereum and Solana also saw gains, with crypto market cap exceeding $2.5 trillion.
Norway’s $1.9 trillion fund acquires major Bitcoin stake in 2024
Norway’s $1.9 trillion sovereign wealth fund, the world’s largest, has acquired a significant Bitcoin position, signaling institutional crypto adoption amid rising digital asset demand.
