Crypto Guarantee Service Xinbi Processes $17.9B After Ban
@TRM_Labs reports that the $17.9 billion processed by Xinbi includes gross onchain volume and internal transfers, not confirmed illicit proceeds, following a Telegram ban. #Update #Crypto
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Token Unlock Delay Sparks Controversy in Story Project
@StoryProtocol co-founder SY Lee defends the six-month delay for IP token unlocks, emphasizing a focus on AI data licensing and offchain revenue strategies amid concerns over current zero onchain income. #Update #Crypto
Ethereum Funding Rates Flip Sentiment
Ethereum ($ETH) drops 14% to $2,000 in a week, but bullish funding rates on BitMEX and Binance signal potential volatility. #Update #Crypto $ETH
XRP Reaches Historic Oversold Level Bounce Predicted
XRP has hit oversold levels, with analyst Ripple Bull Winkle predicting a potential rebound above $2, following historical RSI patterns. #Update #Crypto $XRP
China Bans Crypto Tightens RWA Stablecoin Rules
China has expanded its cryptocurrency ban to include the tokenization of real-world assets and offshore stablecoins tied to the yuan, requiring regulatory approval for such activities. #Update #Crypto $CNY
XRP Surges 20.1% as Crypto Market Rallies
The CoinDesk 20 Index rises to 1944.26, up 6.7% with all assets gaining; leaders include $XRP (+20.1%) and $HBAR (+13.1%), while laggards are $AAVE (+1.9%) and $BNB (+3.0%). #Update #Crypto $XRP
Bitcoin Bull Market Depends on New Factors
Bitcoin’s price resilience amid US Federal Reserve interest rate hikes signals a potential shift, with crypto executive Jeff Park suggesting this could represent “the endgame” for the asset. #Update #Crypto $BTC
Bitcoin ETF Options Crash Amid Market Madness
@BlackRock’s bitcoin ETF saw a 13% drop, triggering record options activity with $900M in premiums amid speculation of a hedge fund blowup. Traders now closely monitor these developments. #Update #Crypto $BTC
Solana Spot ETFs Inflows Surge $2.82M
Solana spot ETFs see $2.82M inflows amid broader crypto outflows, highlighting selective investor interest despite SOL’s 30% price drop to $79. #Update #Crypto $SOL
China Bans RWA Tokenization LiquidChain Soars
China intensifies scrutiny on public RWA tokenization, favoring state-run blockchains. LiquidChain raises over $530K in presale, addressing cross-chain friction with unified execution layer. #Update #Crypto
SpaceX Launches Starlink Phone as IPO Nears
SpaceX plans to expand Starlink into new markets with potential AI-powered phones and space-tracking services, relying on Starship launches for upgraded satellites as IPO nears. #Update #Tech
Bitcoin’s Lower Volatility Makes It Attractive
Bitcoin’s volatility has decreased compared to gold, with JPMorgan suggesting this could enhance its long-term appeal as a safe haven despite recent underperformance. #Update #Crypto $BTC
Tether USDt Surges to $187B Market Cap
Tether’s $USDT hits a record $187B market cap, signaling potential liquidity flow into risk assets like Maxi Doge ($MAXI) amid rising interest in high-beta tokens. #Update #Crypto $USDT
Ripple Dominates $24 Billion RWA Market
On Feb. 4, the XRP Ledger activated Permissioned Domains with 91% validator approval, allowing compliant on-chain activities for institutions without exposing personal data. #Update #Crypto $XRP