Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this monthThe global crypto market cap is $1.59 trillion with a 24-hour volume of $211.29 billion. The price of Bitcoin is $38,290.55 and the BTC dominance is at 45.1%.
by Liam Frost Ripple co-founder Jed McCaleb continues to sell massive portions of his XRP cache on a daily basis. Jed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping.” Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Factors with the greatest impact on the crypto market growthThe cryptocurrency market is experiencing incredible growth in the past year and a half, rivaled only by the ICO craze of 2017. Whale holding $15 billion in Dogecoin bought 420.69 DOGE yesterdayWhoever holds the biggest Dogecoin bag seems to share the memecoin’s sense of humor. BlockFi users say they can’t withdraw funds after 701 Bitcoin blunderUsers of the crypto lending platform BlockFi are reporting difficulties in withdrawing funds. British MP says Ethereum ‘flippening’ is taking place, calls for a ‘safe space’ for cryptoIn the Queen’s Speech debate, Member of the UK Parliament Tom Tugendhat argued that the Treasury needs to pick up the pace and open up to crypto. DBS: Bitcoin is ‘potentially a better store of value’ than the dollarDBS, Singapore’s largest and one of the world’s biggest banks by assets under management, put forward a bullish case for Bitcoin in a client note earlier this week. Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto usersNetherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots. Greenpeace USA stops accepting Bitcoin donations due to environmental concernsThe American arm of Greenpeace, a non-governmental multinational environmental organization, has stopped accepting donations in Bitcoin (BTC) amid growing concerns about the crypto’s impact on the world’s ecology, it told Financial Times yesterday. Institutional investors bought more Ethereum than Bitcoin last monthBitcoin (BTC) witnessed the largest on record outflow last week, said the London-based digital asset manager CoinShares in a report earlier this week. Publicly traded Canadian company launches Cardano (ADA) staking serviceCanadian publicly-traded company iMining will now include Cardano (ADA) in the list of supported assets for its staking services, it said in a release today. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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