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Showing posts with the label asset

$5,000 in XRP at the Start of 2025, Here’s What It’s Worth Now

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The cryptocurrency industry witnessed a major rise and fall over the past couple of months. 2025 started out on a great note for most assets in the market. But many failed to carry this trend forward. A number of assets were seen losing out on all the gains that were accumulated during the last few months of 2024. Bitcoin (BTC) dip below $100,000 came as a big shock to the community. Amidst this, Ripple’s XRP was seen trying to keep up despite several hurdles. Also Read: Shiba Inu Rallies 16%: Can SHIB Hit $0.00002 This Week? How Is XRP Faring Today? Source: Bitcoin News At the time of writing, XRP was trading at $2.42. This comes after the asset slid down by 1.37% throughout the past 24 hours. Earlier today, the altcoin was trading at a high of $2.50 before it dropped to a low of $2.41. XRP was among the few assets that pocketed major upticks at the beginning of 2025. The asset broke its seven-year curse and hit a high of $3.29. Source: CoinMarketCap XRP has time and again moved ...

Toncoin (TON) Predicted To Hit $22 In 2025

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The cryptocurrency industry has been exhibiting extreme volatility lately. Several assets in the market were seen losing out on all their gains. Toncoin (TON) did not shy away. The asset’s market was painted red as it witnessed quite a drop over the past day. Amidst this, reports suggested that Toncoin is all set to encounter an uptick and a notable peak during the next few months of the year. Also Read: Top 3 Cryptocurrencies That Could Get ETFs in 2025 How Is Toncoin Faring At The Moment? Source: Wealth Master Toncoin has been a top performer throughout 2024. The asset was priced at a mere $0.3906 about three years ago. But earlier in 2024, TON managed to rise to a high of $8.24. Throughout the past year, the altcoin has surged by nearly 130%. Despite its promising growth throughout the past year, the asset started 2025 on a rocky note. Over the past month, TON has dropped by 13.44%. At the time of writing, the altcoin was trading at $4.85 with a 2.50% drop during the last 24 ho...

Tether teases new assets as old ones are forgotten

Tether chief exec Paolo Ardoino has taken to X (formerly Twitter) to tease that Tether is prepared to “unveil its new class of digital assets” next week.  It’s not clear exactly what digital asset s will be announced next week, but we do know that they will be the latest in a long line of digital asset s launched by the stablecoin giant, many of which have now been largely forgotten . The most popular asset Tether has created is, of course, USDT, which is ‘tethered’ to the value of the US dollar. However, it also has assets tied to other currencies like the Euro, Offshore Yuan, and the Mexican Peso.  Perhaps the most interesting of these asset s is the Offshore Yuan Tether , which was launched in collaboration with Zhao Dong. Dong was once one of the most prominent over-the-counter traders in China and had previously disclosed that he was a Tether shareholder . After the announcement of this product, he was arrested and eventually convicted of charges...

Bitcoin is evolving into a multi-asset network

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Bitcoin Ordinals are creating new possibilities for the Bitcoin network by allowing users to create inscriptions stored on individual Satoshis. For more than a decade, the primary narratives surrounding Bitcoin (BTC) have focused on its role as a peer-to-peer digital cash and store of value. However, all indications suggest that we are witnessing a significant shift in this paradigm. Since the beginning of 2023, one of the most discussed topics in the Bitcoin ecosystem has been the use of the world's leading blockchain to store information that goes beyond the previously mentioned use cases. Related: Bitcoin fragments could become more valuable than full Bitcoins If you have been isolated in an igloo during this crypto winter and are unaware of the developments, here is a brief overview. In January 2023, developer Casey Rodamor introduced Ordinals to the world, a protocol that allows you to permanently inscribe any file into the Bitcoin blockchain. This wasn't the first method...

Swift concludes trial on blockchain interoperability and asset transfer

Swift, the global messaging network for international payments, has shared key findings from its recent experiments on blockchain compatibility. Working alongside major financial institutions and Chainlink, Swift set out to showcase its potential as a central hub for facilitating the transfer of tokenized asset s across different blockchain s. The trial also roped in leading financial entities, including ANZ, BNP Paribas, and Citi, among others. You might also like: Citi survey: more firms exploring blockchain despite FTX setback Chainlink securely connected the Swift network and Ethereum’s Sepolia testnet via the oracle’s Cross-Chain Interoperability Protocol (CCIP). Exciting news! Together with more than a dozen major financial institutions, we’ve successfully shown how the #Swift network can facilitate the transfer of tokenised assets across multiple public & private #blockchains. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲: https://t.co/L0o6meHXfd pic.twitter.com/VVtt1VnJZc ...

Anchorage Digital sees asset custody demand surge amid crypto volatility

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Amid increased scrutiny and tumultuous events in the crypto industry, Anchorage Digital, the San Francisco-based cryptocurrency firm, reports a substantial 80% increase in the assets under its custody in the first quarter of 2023. Anchorage Digital, the San Francisco-based crypto currency firm, reported a substantial up surge in business, spurred by an increased desire for secure asset custody methods amidst crypto volatility and regulatory pressures, as revealed by the firm’s president. The company witnessed an 80% surge in assets under its custody in the first quarter of 2023, a sharp rise from the previous quarter of 2022. As cited by the firm’s president, Diogo Monica, “billions of dollars of deposits” are channeled towards Anchorage, although exact figures have not been disclosed. First digital bank Anchorage Digital made headlines in 2021 by becoming the inaugural federally chartered crypto bank, gaining approval from the Office of the Comptroller...