Ethereum Revenue Declines Sharply in August Ethereum’s revenue, the share of network fees accruing to ETH holders through token burns, dropped significantly in August. Data from Token Terminal revealed revenue totaled just over $14.1 million for the month, down from $25.6 million in July. That marks a decline of about 44%, the sharpest drop since
Uphold Clarifies Ownership of Massive XRP Reserves Uphold’s CEO Simon McLoughlin addressed questions surrounding the platform’s nearly $5 billion in XRP holdings. He confirmed these reserves are entirely customer assets and not owned by the exchange. This clarification comes as speculation grew about whether Uphold was accumulating XRP for itself. McLoughlin emphasized that the platform
Bitcoin Price Circles $115K Into Weekly Close Bitcoin hovered near $115,000 over the weekend, showing little volatility ahead of Sunday’s weekly close. Data from Cointelegraph Markets Pro and TradingView confirmed that BTC/USD drifted toward weekend lows. Despite earlier momentum, the market stalled after reaching $116,800 during Friday’s Wall Street session. This was Bitcoin’s highest point
XRP’s Performance Over the Last 5 Years Five years ago, in September 2020, XRP was trading at just $0.2435 per token. Fast forward to today, and the coin has reached $2.97. This incredible growth means that a $10,000 investment back then would now be valued at roughly $121,971. While the journey included periods of steep
Dormant Bitcoin Whale Moves $50 Million A long-silent Bitcoin whale has stirred after nearly 13 years, moving 137.03 BTC worth close to $16 million. Blockchain data reveals that this wallet originally acquired 444.81 BTC in 2012, back when the coin traded for just over $12 each. That initial investment is now worth around $50 million
Ethereum Surges Past $4,600 in September Rally Ethereum crossed $4,600 for the first time this month, marking a 7% gain over the past week and nearly 4% in just 24 hours. Analysts point to strong inflows from both retail and institutional investors as key drivers of momentum. This renewed price strength highlights ETH’s resilience during
The SEC Lawsuit That Nearly Crushed XRP In December 2020, XRP was hit with a devastating SEC lawsuit accusing Ripple Labs of selling $1.3 billion in unregistered securities. The case caused XRP’s price to collapse by more than 60% and triggered widespread delistings from major exchanges. For many, it looked like the beginning of the
From Policeman’s Son to Blockchain Pioneer Born in Lancaster, England, Gavin Wood began far from the world of crypto. After excelling in software engineering and completing a PhD in visualization, he entered blockchain at the ground floor. His early academic background prepared him to bridge theory with real-world coding. This foundation gave him the confidence
Bitcoin Price Bounces Back Above $115K Bitcoin (BTC) saw a 1.5% uptick on Friday, reclaiming the $115,000 mark after a volatile week. Onchain data suggests that momentum is firming, though traders are eyeing critical resistance overhead. The recovery has sparked cautious optimism, but BTC must defend $115,000 to sustain the bounce. Analysts emphasize that holding
South Korea Moves to Legalize ICOs A South Korean lawmaker has introduced draft legislation that could bring back initial coin offerings (ICOs) and create a broader regulatory framework for digital assets. Proposed by Democratic Party lawmaker Lee Kang-il, the bill would replace the 2017 ICO ban with a disclosure-based system. It defines nine categories of