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Ripple’s XRP is one asset that has seen immense growth, particularly this year. The altcoin broke several levels of resistance and recorded new seven-year peaks. Throughout the past year, the asset went from trading at a low of $0.3911 all the way to a high of $0.3911. This comes after a 259% uptick during this period. While the asset did not reclaim its all-time high, the community is certain that it will over the next few months. Also Read: Cronos Jumps 7.51% to $0.113: Will CRO Keep Rising in April? A Look At XRP’s All-Time High Source: Bitcoin Block At the time of writing, XRP was trading at $2.22. Over the past 24 hours, the entire cryptocurrency market was experiencing bloodshed. Ripple’s cryptocurrency did not hold back as it dipped by nearly 6% during this time. XRP hit an all-time high of $3.84 about seven years ago in 2018. The asset is currently trading 42% below this peak. Source: CoinMarketCap Also Read: GTA 6 Investment: $265M to $7.7B—Can GTA 6’s $2 Bill...

According to cryptocurrency Analysis platform LookOnChain, a smart whale sold 2.66 million Popcat (POPCAT) at $1.36 per coin in the last 20 hours, making a profit of nearly $3.96 million. The wallet still holds 3.45 million tokens of the cat-themed meme coin, worth around $4.48 million. LookOnChain highlights that the trader has now purchased 30.22 million $GIGA tokens, worth around $1.45 million. Also Read: Meme Coin Miracle: Trader Turns $800 into $10 Million with Moo Deng This smart whale sold $POPCAT for profit and bought $GIGA! He sold 2.66M $POPCAT($3.61M) at $1.36 in the past 20 hours, leaving 3.45M $POPCAT($4.48M), with a profit of ~$3.96M! Then spent 1.45M $USDC to buy 30.22M $GIGA at $0.048.https://t.co/C0iUUqYMFM pic.twitter.com/jdeUf8bOg7 — Lookonchain (@lookonchain) October 8, 2024 Why Did The Cryptocurrency Trader Sell The Memecoins? POPCAT’s Price Performance The cat-themed meme coin hit an all-time high of $1.47 yesterday. The asset has since fallen by 16.7%...

In what is a testament to its dominance, stablecoin issuer Tether generated more profit than BlackRock in 2023. Indeed, the $10 trillion asset manager earned $5.5 billion last year. Alternatively, the USDT issuer generated a remarkable $6.2 billion. The output shows that the crypto company edged out the traditional finance giant by $700 million last year. Tether recently saw its USDT stablecoin reach a market cap of $119 billion. Moreover, the asset dominates an impressive 75% of the market share, easily leading the sector ahead of firms like Cirlce and even PayPal. The performance shows the growing interest in stablecoins, and Tether’s position atop the growing industry. Tether generated more profit than BlackRock $BLK in 2023. Tether: $6.2 billion BlackRock: $5.5 billion pic.twitter.com/QqonDFfWL9 — Watcher.Guru (@WatcherGuru) September 20, 2024 Also Read: Stablecoin Issuers are 18th Largest US Treasury Holder: Bernstein Tether Out Earned BlackRock by $700 Million in 2023 ...

With the cryptocurrency sector’s growing presence in the mainstream, many crypto traders and investors are looking for a chance to earn some profit from its assets, including those that could provide them with a vast income, say $1 million, from investing a relatively low amount like $5,000. Indeed, while investing $5,000 in crypto with the goal of becoming a millionaire in 2025 is massively speculative and involves substantial risk, Finbold has scoured the crypto market to discover assets to consider as a conduit to achieve this highly optimistic objective. #1 Bitcoin (BTC) Specifically, among the most obvious investment choices in the crypto sector is Bitcoin (BTC), the flagship decentralized finance (DeFi) asset that has already made many people millionaires in the past, largely thanks to their ‘HODLing’ behavior and Bitcoin’s steady exponential growth from under $1 in 2010. Picks for you ...

SEC approves spot Bitcoin ETFs: A historic moment for mainstream crypto integration. Bitwise and VanEck donate 10% ETF profits to Bitcoin development: Philanthropy meets finance. Meme Moguls emerges as the world’s first meme-backed stock market, aiming for 100x growth. After the US Securities and Exchanges Commission’s (SEC) spot Bitocin approval, Bitwise, a major asset management player, has declared its intention to donate 10% of the profits from its recently approved Bitcoin ETF, BITB, to the development of Bitcoin’s open-source ecosystem. Bitwise stated that its Bitcoin ETF $BITB would begin trading on 1/112024 with a 0% fee through 7/10/24 (on the fund’s first $1B in assets; 0.20% after). Today, we are thrilled to announce that the Bitwise Bitcoin ETF $BITB intends to begin trading on 1/11 with a 0% fee through 7/10/24 (on the fund’s first $1B in assets; 0.20% after). Read the full prospectus & risk disclosures: htt...