Crypto News
Inside Coinbase’s Validator Operations: 120K Nodes and Counting
The exchange oversees 3.84 million in staked ether ( ETH) which accounts for 11.42% of all staked ETH. Coinbase Releases Performance Metrics for Its 120,000 Validators Cryptocurrency exchange Coinbase (Nasdaq: COIN) released its inaugural Ethereum Validator Report last week, giving the public an inside glimpse into the firm’s staking operations for the first time. CoinbaseSource link
Indicators Show XRP’s Bull Run May Be Finished; $3 is the Level For Bulls to Beat:...
"You're not bullish enough!" an XRP enthusiast exclaimed on X last week after Ripple, which utilizes the token for cross-border transactions, announced that the U.S. Securities and Exchange Commission has dropped its case against them.Many others share this excitement, and understandably so, as the conclusion of this long-standing legal battle has lifted a weight that hindered XRP's performance compared to the broader market during the 2021 bull run. Plus, there is XRP ETF hype and hopes that the token could become a part of the U.S. strategic reserve.That said, the recent price action does not reflect the above optimism, with key momentum indicators flashing a major bearish shift in trend, warning of a notable price slide ahead.XRP surged over 11%...
ETH and SOL Surge as Lightchain AI Presale Draws to a Close
This content is provided by a sponsor. PRESS RELEASE. The crypto world has been buzzing over the past few months, with Ethereum ( ETH) and Solana ( SOL) taking the spotlight. But what’s fueling their recent rise? The answer lies in Lightchain AI. With just $2 million remaining and days to go before the closeSource link
Kentucky Passes Bitcoin and Ethereum Self-Custody Law
The new Kentucky law also clarifies that neither mining nor staking rewards are classified as securities.Source link
Binance Offboards Market Maker That It Said Made $38M Profit on MOVE Listing
Binance, the largest crypto exchange by trading volume, said it "offboarded" a market maker for Movement's MOVE token with an association to another market maker that had been removed from the platform due to “misconduct.” Market makers are middlemen who are responsible for creating liquidity so trades can take place smoothly without big delays or price swings. They do this by quoting prices to both buyers (bid) and sellers (ask) and taking the opposite side to the transactions.The market maker, which wasn't identified, made a $38 million profit when the MOVE tokens were first offered for trading on the exchange, Binance said Tuesday. Instead of meeting its obligations to ensure sufficient order size and place orders for both bid and...