Reason Behind the Surge in XRP Active Addresses Reaching 200,000

XRP’s network sees a resurgence in active addresses after a price rally fueled by a legal victory against the SEC, despite subsequent market volatility. Key Points The XRP network has witnessed a notable revival with a surge in active addresses, signaling the resilience of the network despite recent price setbacks. The increase in activity has raised questions about what is …

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Are we witnessing history repeating itself? Michael Burry’s recent investments spark talks of a market crash.

Famous investor Michael Burry, known for his role in “The Big Short,” has reportedly taken bearish positions against the S&P 500 and Nasdaq 100 Index, according to recent securities filings. His Scion Asset Management has purchased put options worth $739 million against the Invesco QQQ Trust ETF and separate put options worth $886 million against the SPDR S&P 500 ETF. …

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Introducing ‘Mavis Hub’ by Sky Mavis

Sky Mavis, the creator of the popular blockchain game Axie Infinity, has launched Mavis Hub: Greenlight as part of its builders’ program. This new initiative aims to support and nurture new game developers within the Axie ecosystem by providing them with a platform to share their early game builds with the community. In addition, Mavis Hub offers tools and potential …

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SEC Accused of ‘Poor Conduct’ by Pro-XRP Lawyer; Questions Raised on Meeting between FTX’s Sam Bankman-Fried and Gary Gensler

Cryptocurrency industry veteran John Deaton has shared his insights on the complex relationship between the industry and the U.S. Securities and Exchange Commission (SEC). In a recent statement, Deaton echoed the sentiments of Coinbase’s Paul Grewal, highlighting the unintended consequences of the SEC’s current strategy. Deaton drew attention to the challenges faced by businesses seeking to comply with regulatory standards, …

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Latest Art Project Unveiled by Snowfro

“Heart + Craft”: snowfro and Prohibition Founder Jordan Lyall Collaborate on a Groundbreaking Generative Art Drop In an exciting fusion of creativity and the NFT world, Art Blocks founder Erick “snowfro” Calderon is set to launch “Heart + Craft”. This generative art drop aims to captivate collectors with its unique twist, incorporating elements of snowfro’s previous work and the NFT …

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Will SEI Token’s launch on Binance lead to success with a market capitalization of $500 million?

Binance, the leading global exchange, is preparing to list SEI Network’s native token, a groundbreaking layer 1 blockchain. The listing is scheduled for August 15, and early indicators suggest that the value of SEI could start at 26 cents immediately after its debut. This exciting figure, as revealed by data from decentralized exchange Aevo’s pre-listing futures, has attracted significant attention …

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Music Profits Surpassed by Grimes’ NFT Sales

Grimes, the Canadian artist known for her music, has earned more from her NFT collection than she has from her entire music career. The collection, which has reached approximately $6 million, has brought both success and concern for Grimes. She worries about the increasing commercialization of the NFT and crypto space, as many individuals are primarily driven by financial motives. …

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A Legal Analysis: Can XRP Be Considered a Bridge Currency?

Ripple, a company focused on revolutionizing cross-border payments, has introduced tools to attract global investors to the world of cryptocurrency. This move aims to address longstanding issues in cross-border transactions and improve efficiency. Notably, attorney and crypto enthusiast Bill Morgan has emphasized that institutions utilizing Ripple’s digital asset XRP for cross-border transactions (known as ODL) are not treating it as …

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Tonight there will be a release of collectible drops featuring left-facing pudgy penguins.

Pudgy Penguins toys are once again making waves in the market after their Banana Suit collectibles sold out in a mere 7 seconds! Now, the project has introduced their new line of ‘Left Facing’ collectibles, inspired by the highly sought-after 1/1 Left Facing Pudgy Penguin #6873. Let’s dive into the details of these adorable collectibles. The ‘Left Facing’ collectibles pay …

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Prominent Lawyer Supports Senator Lummis in Crypto Regulation Battle against SEC

Respected legal figure and founder of Metalawman, James A. Murphy, has thrown his support behind Senator Cynthia Lummis’s call for fair regulations in the cryptocurrency space. This endorsement by Murphy could have significant implications for the ongoing debates within the crypto world. In a notable move, Murphy took to Twitter to express his full support for Senator Lummis. He specifically …

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