Crypto News

The crypto market appears to have stabilized however traders are proceeding with caution while dealing with altcoins, like XRP, while continuing to rotate money into market leader bitcoin (BTC).Payments-focused XRP, which Ripple uses to facilitate cross-border payments, has risen over 3% to $2.24 in the past 24 hours primarily on hopes that the legal battle between blockchain company Ripple and the Securities and Exchange Commission (SEC) could conclude soon.Amid the price rise, cumulative open interest in perpetual futures listed across major exchanges has stabilized near 1.35 billion XRP, with annualized funding rates and cumulative volume delta printing negative, according to data source Velo.Negative funding rates mean shorts are paying fees to counterparties to keep their bearish bets open. It shows the...

The crypto personality claims the regulator will dismiss charges related to his promotion of Sparkster's $30 million ICO in 2018.Source link

As the cryptocurrency industry continues to experience rapid growth, Gate.io remains one of the longest-standing exchanges in the space. With over 12 years in the industry, the platform has navigated multiple market cycles while expanding its product offerings and global reach. In an exclusive interview, Kevin Lee, Chief Business Officer at Gate.io, shared insights onSource link

Prices for Floki, Turbo, and Giga were little changed despite Coinbase announcing the suspension of trading on its platform in New York.Source link

South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop the crypto market while ensuring user protection. The guidelines will include best practicesSource link