XRP’s Market Cap Beats Out Heavy Hitters In Climb Into 100 Top Global Assets ...

Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.” Crypto-friendly digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules. The announcement comes two months after the payments giant rolled out infrastructure enabling users to transfer, send and receive digital assets between PayPal and other wallets and exchanges in June this year. Prior to....

Ripple’s XRP has officially broken into the top 100 global assets by market capitalization, a milestone that places it alongside some of the world’s most valuable companies like Shopify, Intuit, and Deutsche Telekom.  According to the latest data, XRP holds a market cap of around $181.2 billion at a price of $3.02 per token, ranking it above 100th on the global leaderboard. More notably, XRP has managed to join this exclusive list without the backing of a regulated spot ETF in the United States, unlike its crypto counterparts Bitcoin and Ethereum, which are also on the list of the largest....

The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week saying these types of systemic risk can “take down the entire system, theoretically.” Wallstreetbets Trend Could ‘Snowball Through the Market’ 2021 has been an interesting year so far and this....

The decentralized nature of Uniswap (UNI) will be put to the test. Earlier, it was revealed that the Securities and Exchange Commission (SEC) opened an investigation on Uniswap Labs, the company behind the protocol. Immediately after the news broke out, the price of UNI, Uniswap’s governance token, took a hit and dropped as much as 4%. Meanwhile, the main cryptocurrencies in the top 10 showed strong gains. Bitcoin managed to climb above the $50,000 mark with a 2.7% profit in the daily chart, and Ethereum went north of $4,000 for the first time since May’s crash. ETH trades at $3,986, at....

Popular meme coin Dogecoin is working towards moving to a proof of stake mechanism and it is getting help from some heavy hitters in the industry. The digital asset had grown to a holder base of 4 million holders and an all-time high of $0.8. However, since then it has been a case of constant […]