Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Summary Robinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue. Seven-day revenue reached $20.33 million, equal to an annualized rate…
The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services. Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service…
Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500. Summary Bitcoin price traded near $79,600 after retreating from an intraday high around $81,370. US employers added 162,000 jobs in August, while unemployment remained unchanged at 4.1%….
A BIS working paper tested the XRP Ledger as a proof-of-concept for verifying official statistics on-chain. Here’s what it found. A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds…
Bitcoin holders whose coins have remained dormant for more than five years have doubled their spending activity since May, pushing the cohort’s 90-day average to about 1,500 BTC. Summary Five-year Bitcoin holders’ 90-day spent-output average has climbed to approximately 1,500 BTC. Activity has doubled from its May level as Bitcoin continues to trade within a…
DOGE joined BNB in a rare Saturday move north. The largest meme coin by market cap has soared on Saturday evening to $0.094, hitting a two-week high. The move is rather unexpected given the typically calm nature of the weekends. However, there were certain signs about a potential rally, even though DOGE has slipped…
Starknet lending protocol Vesu has reported that a faulty Pragma price feed triggered the abnormal liquidation of 47 positions holding $3 million in collateral on Sept. 4. Summary 47 Vesu positions were liquidated across several pools during a two-minute oracle failure. $3 million in collateral was affected before the Pragma price feed corrected itself. Vesu…
BTC’s major rally allowed many investors to dispose of their assets. What’s next for its price? CryptoQuant data shows that bitcoin investors started realizing major profits after the explosive August rally, disposing of roughly 110,000 BTC in just a few weeks. Such highly concentrated profit-taking developments have historically been followed by substantial price correction…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. With the continuous development of artificial intelligence and digital asset technology, more and more XRP holders are…
BNB just touched $770 for the first time since early February. Here’s why. Binance Coin is among the top performers in the past 24 hours in the altcoin space, surging by over 6% and further extending its lead above XRP in terms of market cap placement. This impressive rally on a rather dull Saturday…
