Day: November 27, 2024

Ripple Invests in Rebranded Bitwise XRP ETP, Boosting XRP Price

Ripple has announced its investment in the newly-rebranded Bitwise Physical XRP ETP, sparking a 7.2% surge in XRP’s price to $1.43, according to CoinGecko data. The cryptocurrency is now up 26.8% compared to this time last week. The Bitwise Physical XRP ETP, previously known as the European XRP ETP, is part of Bitwise’s growing lineup […]

CryptoPunk #8348 Loaned for $2.75M in Historic NFT Deal

CryptoPunk #8348, a rare one-of-a-kind CryptoPunk known for being the only one with seven traits, has been loaned for $2.75 million in a groundbreaking financing deal facilitated by NFT lending platform GONDI. The loan agreement, with a six-month maturity and a 20% interest rate, requires repayment from borrower and prominent NFT collector Seedphrase. If Seedphrase […]

Chill Guy Leads Memecoin Surge

Just a Chill Guy ($CHILLGUY) is proving to be anything but chill as it outpaces the competition with a meteoric rise in the meme coin market. Over the past week, the Solana-based meme coin has surged more than 135%, including an impressive 37% jump in the last 24 hours alone. Now trading at over $0.62, […]

Cocaine Traffickers Allegedly Use USDT for Money Laundering

A recent report alleges that criminal organizations linked to U.S. cocaine imports from Mexico and Colombia are increasingly turning to Tether (USDT) for large-scale money laundering operations. These operations are said to involve major drug cartels, including Mexico’s infamous Sinaloa cartel. USDT: The New Tool for Drug Cartels Drug traffickers are reportedly leveraging USDT, a […]

Jim Cramer’s Bitcoin Call Triggers Crypto Selloff

Jim Cramer, the outspoken host of CNBC’s Mad Money, has inadvertently cemented his reputation as a crypto market “counter-indicator” after his bullish remarks on Bitcoin preceded a sharp market downturn. Cramer’s Bullish Call and Market Reaction On Friday, Cramer issued a bullish call on Bitcoin, citing concerns about government spending and the growing U.S. deficit. […]

CZ Calls Out Memecoin Madness

The surging popularity of meme coins has drawn criticism from former Binance CEO Changpeng “CZ” Zhao, who voiced concerns over the sector’s growing extremism. His comments come as the meme coin frenzy, fueled by a bull market, reaches new heights—and increasingly bizarre publicity stunts. Dangerous Stunts on Pump.fun A spotlight has been cast on Pump.fun, […]