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news-imageOctober 8, 2024

Ripple Bull Run Unlikely; XRP and Ethereum Move To DTX Exchange for 10x ROI

A top crypto analyst took to X recently to give a bearish forecast for Ripple (XRP), saying the community will not see a bull run. Also, whales have moved approximately $250 million worth of Ethereum (ETH) to centralized exchanges.
Publisher: Crypto Reporter
Sentiment: Negative
ETH
XRP

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Positive
cover-imageUToday
October 8, 2024

Ripple CTO Dispels XRP Community Doubts on RLUSD Stablecoin

One of the most anticipated launches in the crypto space is nearing as the San Francisco-based cross-border payment provider's Ripple USD (RLUSD) enters what appears to be the final stages of its research and development, with mints and burns of RLUSD accelerating to millions in value.

Negative
cover-imageCrypto Economy
October 8, 2024

Bloomberg ETF Analyst Faces Criticism Over ‘Ethereum Shutdown' Remarks

TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.

Positive
cover-imageUToday
October 8, 2024

Binance's XRP Holdings Spike: Is Bull Run Back?

The world's largest crypto exchange, Binance, has released its freshly printed proof-of-reserves report, which shows the ratio between customers' net balances and the exchange's. One of the highlights is the performance of XRP reserves on Binance, as they have suddenly seen a notable increase.

Neutral
cover-imageCoinPedia
October 8, 2024

Binance Crypto Holdings: BTC and ETH Decline While BNB Surges – October 2024 Proof of Reserves Report

Binance has released its 23rd Proof of Reserves snapshot for October 2024, showing significant changes in the exchange's major crypto holdings. While Bitcoin (BTC), Ethereum (ETH), and USDT saw declines, Binance's native token, BNB, experienced growth, highlighting the company's changing asset management strategy. Binance released the 23rd proof of reserves (snapshot date October 1).

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