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Crypto investors bet on Ripple winning, driving XRP to $0.70


The SEC vs. Ripple case is still impacting the market performance of XRP. Recently, a positive outlook surrounding Ripple helped XRP rally 7.41%. The crypto closed the week at an 18.9% hike, reaching 0.6611 dollars. The optimism is fueling traders to invest in XRP despite no official updates being...

Crypto Exchange Wants to See India Lower Tax on Trading


Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the levy, which was introduced last year, for driving Indian crypto trading volumes to overseas platforms. Indian Exchange Expects...

Chainlink tweets about 3 pillars driving economic growth


Chainlink recently released a tweet on its official X/Twitter account to talk about its economic growth. The renowned Oracle solution provider is experiencing rapid growth across its three pillars. These pillars are: Increased Monetization: Be it introducing new payment models or day-1 monetization...

Digital Yuan Giveaways Driving Adoption, Chinese Central Bank Claims


The Chinese central bank has claimed that its program of digital yuan giveaways is helping to drive up CBDC adoption. According to the state-run newspaper the People’s Daily, the Digital Currency Research Institute, the central People’s Bank of China (PBoC)’s dedicated digital yuan arm,...

Bitcoin traders driving the price with aggressive shorting


BTC price is trading at around $27,000 at the time of drafting this article. It was highest in 2023 at $31k. There is a chance that it may again touch the highest mark, assuming traders look too aggressively. Simply put, their shorting adds to on-chain activities, which is often associated with...

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