XRPL on-chain transactions jump 108% in Q1 2024

As an experienced financial analyst, I find the recent XRP market report from Ripple to be quite intriguing. The significant increase in transaction activity and the substantial decrease in average transaction costs on the XRP Ledger (XRPL) during Q1 2024 are noteworthy developments. This suggests that the network is becoming more efficient and scalable, which … Read more

Venezuela bans crypto mining to protect power grid

As a researcher with personal experience living through the unreliable electricity supply in Venezuela, I understand the government’s concern regarding cryptocurrency mining and its impact on the national power grid. The frequent blackouts have significantly affected people’s daily lives and the overall economic performance for over a decade. Therefore, it is crucial for the government … Read more

Cardano clears $0.5 barrier: Will ADA cross the $1 mark in Q2?

ADA’s price increased by more than 8% in the last seven days.  Most market indicators hinted at a continued price rise.  As a long-term crypto investor with some experience under my belt, I’m thrilled to see Cardano (ADA) breaking above resistance and gaining bullish momentum. The price surge of more than 8% in the last … Read more

BTC ETFs: Grayscale GBTC inflows near $1B in 1 week, analyst says…

Institutional interest in Bitcoin grows, adding liquidity despite Grayscale’s recent high-fee withdrawals. Retail investors accumulate Bitcoin, enhancing decentralization, while whales show less interest. As a researcher with a background in cryptocurrencies and finance, I find the recent developments in the Bitcoin market intriguing. The institutional interest in Bitcoin is growing, as evidenced by Grayscale’s spot … Read more

Shiba Inu’s Q2 price prediction: Will SHIB retest $0.000030?

SHIB could be set to build on its recent increase, technical analysis revealed. The difference in exchange flow suggested sideways movement before the price bursts upward. As a seasoned crypto investor with a keen interest in Shiba Inu [SHIB], I find the recent price action intriguing. Based on the technical analysis presented by AMBCrypto, SHIB’s … Read more