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December 18, 2022

XRP whale activity soars with price retracement; Bullish trend to continue?

XRP whale activity soars with price retracement; Bullish trend to continue?

After the protracted aftermath of the FTX collapse, the news of its founder’s arrest seems to have rocked the cryptocurrency market, including the XRP token, leading cryptocurrency traders and investors to question whether bullish trading would continue. One of the indicators of the XRP futures price is the activity of its whales, which took advantage […]

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What is spot trading in crypto and how does it work?

What is spot trading in crypto and how does it work?

Since their inception, cryptocurrencies have experienced rapid growth and widespread market acceptance, as evidenced by crypto-linked assets that have begun to appear in the portfolios and trading methodologies of numerous wealth managers. The process of buying and selling cryptocurrency for a profit is called cryptocurrency trading. Cryptocurrency trading can be defined in terms of its

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LandVault’s new protocol mints metaverse builds and experiences as NFTs

LandVault’s new protocol mints metaverse builds and experiences as NFTs

Matera will tokenize the Metaverse builds and convert them into a new asset class.  Contributors earn tokens proportional to their contributions during the creation of an experience. LandVault’s Metaverse creators plan to monetize Metaverse experiences by coining them as NFTs. Its new decentralized protocol Matera will bring metaverse builds (think virtual stores or stadiums) on-chain,

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Group Arrested in China for Laundering .7 Billion in Cryptocurrency – This is What Happened

Group Arrested in China for Laundering $1.7 Billion in Cryptocurrency – This is What Happened

Police in China have arrested 63 people accused of laundering 12 billion yen ($1.72 billion) through crypto. The public security bureau of the city of Tongliao, in northern China’s Inner Mongolia, said that starting in May 2021, this criminal group converted profits from illegal sources — including pyramid schemes, scams, and gambling — into the

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FTX hearing: US lawmakers criticize the use of Quickbooks, creepy dough, and 'conscientious stupidity

FTX hearing: US lawmakers criticize the use of Quickbooks, creepy dough, and ‘conscientious stupidity

Although Sam Bankman-Fried was virtually absent from the congressional hearing due to his recent arrest in the Bahamas, US lawmakers did not remain silent, criticizing the former FTX CEO and the company’s business practices. As the sole witness before a Financial Services Committee hearing on Dec. 13, FTX CEO John Ray shed light on much

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Crypto Trading Firm Cumberland Says Bull Market is Close – Have We Bottomed Already?

Crypto Trading Firm Cumberland Says Bull Market is Close – Have We Bottomed Already?

Despite the ongoing downturn in the crypto market stoking concerns for many industry watchers, a growing body of developments suggests a new bull market could be on the horizon, according to a recent analysis by crypto trading firm Cumberland Crypto Assets. Given the nature of crypto and the tectonic shifts beneath it, we do not

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