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Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP. Following such developments, 2025 appears like another strong year for the company and for the separate XRP token, as the wider digital assets sector is set to enjoy an amicably disposed U.S., and the broader bull market is expected to persist. Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work. — Brad Garlinghouse (@bgarlinghouse) January 3, 2025 Why XRP might rally in January XRP, in particular, is expected to continue its rocketing as Ripple’s long-standing legal battle with the SEC might conc...

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it. On December 2, the official account posted about the update on X, mentioning the five additions. As communicated, Axie Infinity (AXS), Blur (BLUR), Jasmy (JASMY), Kusama (KSM), and MultiversX (EGLD) have joined the Coinbase 50 Index. This quarter, we welcomed five new entrants to the Coinbase 50 Index. Learn more about the index and our rebalancing process here: https://t.co/skboZ7Hdfg@AxieInfinity @blur_io @JasmyMGT @kusamanetwork @MultiversX pic.twitter.com/LVIhuFdg2l — Coinbase Institutional ️ (@CoinbaseInsto) December 2, 2024 On November 13, Coinbase announced the listing and offering expansion of six new cryptocurrencies to New York citizens, as Finbold reported. Multi...

FreeLunchCapital, the pseudonymous founder of Floor Protocol, paid $1.43 million worth of 588 ETH for a Non-Fungible Token (NFT). The NFT is linked to a golden Bored Ape Yacht Club (BAYC) previously belonging to the bankrupt FTX’s vault. In particular, the sale occurred on October 11 for the BAYC #7940, which has golden skin as its primary trait. Another pseudonymous member of the Bored Ape Yacht Club, Xeer, said on X it “Might be the cleanest, most aesthetic gold ape in the entire collection.” Bored Ape Yacht Club #7940 listing. Source: OpenSea / Finbold A BAYC NFT purchase revenge story against FTX and SBF This purchase has made waves in the cryptocurrency market, and the new owner of the BAYC #7940 explained his reasons. In a post on October 12, FLC_FlooringLab told a brief revenge story against the bankrupt FTX. Picks for you ...

Solana (SOL) showed the best performance among the top 10 digital assets by capitalization. What caused this rapid growth following a significant decline? In 2023, Solana showcased exceptional success, in stark contrast to Ethereum (ETH). While SOL surged over 1000%, ETH saw only a 90% increase. To better understand Solana’s ecosystem scale and recovery pace, let’s examine crucial blockchain metrics from the time of the FTX crash on Nov. 11, 2022. FTX bankruptcy When the cryptocurrency exchange filed for bankruptcy on Nov. 11 last year, Solana’s metrics had already significantly declined from their peak values. For instance, SOL’s price dropped from $62 to $17, and the daily trading volume decreased from $6.7 billion (108 million SOL) to $2.2 billion (130 million SOL). Source: CoinMarketCap The exit of a major investor and the risk of coin sales triggered Solana’s fall, leading crypto community members to predict its imminent demise. Solana...

Toncoin’s (TON) price has consistently risen over the past ten days despite low whale activity. This shows the upward momentum has come from small investors . According to data provided by Santiment, the number of TON whale transactions, consisting of at least $100,000 worth of the asset, has dropped by 100% over the past month. Since Aug. 26, there have been no Toncoin whale transactions. TON price, whale activity, social volume and supply on exchanges – Aug. 29 | Source: Santiment On the other hand, the amount of TON’s supply on exchanges has seen a significant rise over the past two weeks. Per the market intelligence platform, the total amount of Toncoin on exchanges has risen by 15% — from 1.28 million coins on Aug. 14 to 1.47 million tokens at the time of writing. You might also like: South Korea obliges crypto exchanges to hold $2.3m in reserves Moreover, Toncoin’s social volume has seen many ups and downs over the past month. On Aug. 24, the asset’s trend on...