XRP is the top performing larger-cap altcoin today, surging by 5% even after it was stopped at $1.18. The Friday market massacre didn’t leave any digital asset behind, including Ripple’s cross-border token, which plunged to $1.05 for the first time in about 19 months. The asset has rebounded swiftly, though, and neared $1.20 earlier
The competition between blockchain networks in the tokenized real-world asset market is gaining more attention as analysts debate whether capital is starting to shift toward the XRP Ledger. Summary Analysts claim XRPL added fresh RWA capital while Ethereum experienced recent tokenized asset outflows. Crypto.news previously reported XRPL’s tokenized asset market expanded sharply during the first
Bitmine has applied to list the shares on the NYSE under the symbol BMNP. Ethereum treasury company Bitmine has filed to launch a public offering of 3 million shares of its 9.50% Series A Perpetual Preferred Stock. The proceeds are expected to support a range of corporate and Ethereum-focused initiatives. Bitmine’s New Offering According
JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin users reported withdrawal delays over the past week, raising exchange risk concerns. JuCoin’s reported reserves face questions over USDC and USDT issued on its own JuChain. JuCoin blamed delays on
Even hackers have started to accumulate the world’s largest altcoin after the price massacre. Ethereum’s controversial history during the time of extreme distress continues, as the asset was among the poorest performers on Friday (and overall since the correction began), dumping to a 14-month low at $1,500. After the recent FUD spread on X
Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week. Summary Bitcoin traded near $61,739 after bouncing from an intraday low around $60,420. Michael Saylor’s
It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs, unlike some of the altcoins. As such, it’s perhaps no surprise that, in the past
Bybit has entered the tokenized equity market with the launch of IPO Express, a new product designed to offer blockchain-based exposure to private and public companies.The exchange also introduced subscriptions for tokenized SpaceX shares through a partnership with xStocks. Spot trading for the product is expected to begin on June 12. Summary Bybit launched IPO
And the answer from the new and improved version gave us some hope. Bear market comments and speculations have returned to the cryptocurrency space as bitcoin erased over $400 billion from its market cap in weeks, going down from over $82,000 to a Friday bottom of $59,000 on Friday – its lowest position in
Zcash is facing fresh pressure after a critical Orchard pool bug raised questions about private balances, supply checks, and user safety. Summary David Schwartz says unmoved Zcash coins would stay accessible if no exploit occurred before migration. Shielded Labs plans Ironwood to isolate Orchard and verify funds leaving the old pool. ZEC fell sharply after