Nodit, a leading Web3 infrastructure provider and blockchain technology arm of Upbit, has announced its partnership with ETHGlobal, sponsoring the ETHGlobal Taipei Hackathon to empower developers building on blockchain networks. As part of this collaboration, Rei Kihoon Nam, CTO of Nodit, will also take the stage as a speaker at ETHGlobal Pragma Taipei, sharing insights on enhancing Web3 application development with robust infrastructure solutions. Through this partnership, Nodit will provide developers with direct access to its comprehensive suite of services, ensuring teams have the...

Ripple CEO Brad Garlinghouse recently addressed criticism regarding the companys XRP sales, hinting that they may scale back in the future. Speaking with Bloomberg, he acknowledged the controversy surrounding Ripples XRP holdings and sales, stating, At some point, maybe we wont be selling as much. Garlinghouse also pushed back against detractors, accusing them of spreading misinformation. We get criticized for owning too much, and then were criticized for selling, he remarked. Currently, Ripple holds 42% of XRPs total supply, which has slightly decreased to 99.9 billion units, making it...

Shiba Inu (SHIB) is showing signs of recovery, entering a local uptrend after facing prolonged bearish pressure. Recent price action indicates strong buying activity, preventing further downside as SHIB climbs above a crucial support level. This move signals potential stability, with investors eyeing a possible trend reversal. Overcoming a historically significant support level suggests SHIB may sustain its gains if buying momentum persists. However, failure to hold above this level could lead to another decline, potentially erasing a decimal from its price. While market conditions remain...

Cardanos bullish momentum is fading as declining volume signals a potential reversal or prolonged sideways movement. Despite recent efforts to push higher, the lack of strong buying pressure raises concerns for ADA holders. A sharp drop in trading volume suggests market confidence is weakening, which is crucial for sustaining an uptrend. Currently, ADA is struggling to hold above an ascending support line while facing stiff resistance at $0.78. A break below this critical trendline could send the price tumbling to $0.70 or even $0.65 if buyers fail to step in. The 50 EMA and 200 EMA are also...

Ripples XRP has surged following the SECs decision to drop its appeal, signaling a strong bullish movement for the cryptocurrency. This legal victory has propelled XRP past key resistance levels, with the asset approaching the upper trendline of a descending channel. If XRP manages to break the $2.50 mark, a move toward $3 becomes more likely, as momentum indicators suggest sustained upward momentum. Currently trading above the 50-day and 200-day EMAs, XRP shows significant buying pressure, supported by rising trading volumes. This indicates that market sentiment is shifting strongly in favor...

Bitnomial has officially launched the first-ever CFTC-regulated XRP futures, marking a major milestone for the digital asset industry. Alongside this launch, the company has also withdrawn its lawsuit against the U.S. Securities and Exchange Commission (SEC). Last October, Bitnomial sued the SEC, arguing that the regulator was attempting to overextend its jurisdiction by targeting its XRP futures. However, the firm has now dropped the case, coinciding with the SECs recent decision to withdraw its appeal in the Ripple lawsuit. Ripple CEO Brad Garlinghouse hailed the SECs retreat as a...

The U.S. Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday, marking the second consecutive pause after three rate cuts in late 2024. However, the Feds latest projections signal weaker economic growth, with 2025 GDP now expected to rise just 1.7%, down from the previous 2.1% forecast. Growth estimates for 2026 and 2027 were also revised lower. In its statement, the Fed cited increased uncertainty about the economic outlook, likely referring to concerns over President Trumps proposed tariffs. Inflation expectations also ticked higher, with core PCE inflation...

Dubai Land Department (DLD) has launched a real estate tokenization pilot program, becoming the first property registration authority in the Middle East to integrate blockchain for property title deeds. The initiative, developed with the Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF), aligns with Dubais 2033 real estate strategy and its broader vision to lead in technology adoption. DLD projects that tokenized real estate could account for 7% of Dubais property transactions, potentially reaching 60 billion dirhams ($16 billion) by 2033. This move highlights...

Two exchange-traded funds (ETFs) tracking Solana (SOL) futures are launching on Thursday, marking a significant step in the evolution of crypto investment products. Volatility Shares LLC is introducing the Volatility Shares Solana ETF (SOLZ), which tracks Solana futures, and the Volatility Shares 2X Solana ETF (SOLT), offering leveraged exposure. According to a filing with the U.S. Securities and Exchange Commission (SEC), SOLZ will have a 0.95% management fee, while SOLT traders will pay 1.85%. These will be the first-ever ETFs tied to Solana futures. With a market cap of $66.5 billion,...

Concerns over a slowing U.S. economy have weighed on risk assets, but Macquarie analysts suggest this could ultimately boost crypto prices as lower interest rates become more likely. According to their latest report, crypto thrives in volatile macro conditions, and any economic slowdown could drive rates lower, benefiting Bitcoin and other digital assets. Macquaries outlook comes as Bitcoin miners reported stronger-than-expected Q4 2024 earnings, fueled by Bitcoins resilience. Several mining firms are also accelerating their expansion into artificial intelligence (AI) and high-performance...