Recent Posts

CoinShares Backs Out: The Real Reason Behind Its Exit From the $600M XRP–SOL ETF Race

Europe’s crypto heavyweight CoinShares has abruptly withdrawn its SEC filings for spot ETFs tracking XRP, Solana (SOL), and Litecoin, sidelining a trio of products in a U.S. market now valued at over $600 million for altcoin funds alone. The November 28 move, timed just before the firm’s $1.2 billion Nasdaq debut via SPAC merger with Valley Forge Composite Technologies, underscores …

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Ripple CTO David Schwartz: Inside the Wild Ride of Leading Crypto Innovatio

As Ripple’s Chief Technology Officer David “JoelKatz” Schwartz prepares to step back from daily duties by year-end, the blockchain pioneer reflects on a “pretty wild” tenure marked by innovation, regulatory gauntlets, and a vision for XRP’s utility-driven future. In a candid X post and recent X Spaces session, Schwartz—co-architect of the XRP Ledger (XRPL) since 2011—captured the duality of his …

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$4.18 Billion Surge in 24 Hours: XRP Open Interest Takes a Massive Leap

In a stunning revival, XRP’s futures open interest has rocketed by a whopping $4.18 billion over the past 24 hours, reclaiming the $4 billion mark and igniting speculation of an impending price breakout amid a choppy crypto winter. Data from CoinGlass reveals a 4% surge in outstanding contracts, mirroring early COVID-era liquidity floods that preceded massive rallies, as XRP hovers …

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Greenidge Bitcoin Mine in New York Shuts Down After Fire Incident

A sudden electrical switchgear failure ignited a fire at Greenidge Generation Holdings’ flagship Bitcoin mining site in Dresden, New York, forcing a full operational halt and spotlighting the inherent hazards of high-energy crypto operations. The blaze, reported Sunday via an SEC filing, was swiftly contained by local firefighters, with no injuries or structural threats to the facility’s core infrastructure. The …

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Bitwise Analyst Spots ‘COVID-Era’ Bitcoin Pattern Making a Comeback

Bitcoin’s wild ride continues as Bitwise Europe’s research head André Dragosch warns of a “COVID-era” macro setup resurfacing, pricing in recessionary gloom while global growth whispers a bullish twist—potentially catapulting BTC to $100,000+ by year-end. With BTC dipping 17% to sub-$90,000 in late November before clawing back above $100,000, Dragosch’s X post on November 28 ignited trader frenzy: “The last …

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