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Apple Caves to Trump Pressure, Removes App That Let Immigrants Track ICE Activity
Product Reviews

Apple Caves to Trump Pressure, Removes App That Let Immigrants Track ICE Activity

by admin October 3, 2025



Apple removed an app that allows immigrants to track Immigration and Customs Enforcement activity on Thursday night.

ICEBlock, an app that was launched in response to President Trump’s anti-immigrant crackdown, was modeled after Google’s crowdsourced traffic app Waze, and it gave users a crowdsourced way to report nearby ICE activity.

“We just received a message from Apple’s App Review that #ICEBlock has been removed from the App Store due to ‘objectionable content’. The only thing we can imagine is this is due to pressure from the Trump Admin. We have responded and we’ll fight this! #resist,” ICEBlock said in a post on Bluesky.

ICEBlock received intense backlash from Trump administration officials earlier this year. ICE Acting Director Todd M. Lyons claimed that the app “basically paints a target on federal law enforcement officers’ backs,” in a press statement from June.

Attorney General Pam Bondi is now taking credit for the removal, telling Fox News that her office reached out to Apple to demand they remove the app

Earlier this summer, Bondi also went on Fox News to openly threaten ICEBlock’s founder Joshua Aaron. “We are looking at him,” she said. “And he better watch out.” Around that time, Bondi also said that she wanted to prosecute CNN for airing a segment on the app.

Acting director of ICE’s removal operations, Marcos Charles, also suggested ICEBlock and similar ICE tracking apps were used in the fatal shooting at an ICE facility in Dallas, although the shooter would have known the location of the facility without a tracker app.

“I am incredibly disappointed by Apple’s actions today. Capitulating to an authoritarian regime is never the right move,” Aaron told 404 Media. “This is protected speech under the first amendment of the United States Constitution.”

“Information provided to Apple by law enforcement show that your app violates Guideline 1.1.1 because its purpose is to provide a location information about law enforcement officers that can be used to harm such officers individually or as a group,” Apple’s email to Aaron read, according to 404 Media.

In 2019, Apple removed a similar crowdsourced app that allowed users to track Hong Kong police movements amidst the Hong Kong protests that were marked by police brutality. At the time, numerous Republican lawmakers were quick to criticize the decision and deem it censorship.

“American companies should never be censored or told what to by foreign adversaries,” Republican Florida senator Rick Scott tweeted at the time.

ICEBlock was number one on the App Store over the summer as the Trump administration ramped up its policy of mass deportations and ICE raids, as part of the President’s campaign promise to enact the “largest deportation” in U.S. history.

“In recent years, ICE has faced criticism for alleged civil rights abuses and failures to adhere to constitutional principles and due process, making it crucial for communities to stay informed about its operations,” ICEBlock’s website writes to explain why the app exists.

The app insists that it’s completely anonymous, but that claim has been contested. ICEBlock, the app does not keep a database of user activity, but a database of downloads is available on Apple, and it’s likely that Apple also tracks device registrations for push notifications, according to the founders of other privacy-focused apps who spoke to The Verge about it earlier this year. On the other hand, a third-party security researcher has corroborated ICEBlock’s claims of total privacy and anonymity.

The app was available exclusively for iOS devices, so it’s now unclear what the future holds for ICEBlock and its users.



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October 3, 2025 0 comments
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Exchange Review August
Crypto Trends

Canton Network Activity Surges as Exchanges Join Validators: Copper Research

by admin October 1, 2025



Copper Research says usage of the Canton Network, a blockchain built for regulated finance, has quietly surged, with validator activity now including major U.S. exchanges alongside banks and infrastructure firms.

Just over a year after launch, Canton has reached a scale unmatched by prior institutional blockchains, thanks to backing from Goldman Sachs (GS), HSBC (HSBC)and Broadridge (BR), the crypto custody firm said in a Wednesday report.

The report noted that Broadridge alone processes more than $5.9 trillion monthly in tokenized U.S. Treasury repos on the network.

Exchanges including Binance U.S., Crypto.com and Gemini (GEMI) are also running validators, while Kraken has signaled a possible listing of Canton’s token. Though no exchange has confirmed plans, Copper said that such a listing would be unprecedented for a permissioned blockchain backed by major financial institutions.

Network activity is also accelerating. Canton recorded more than 500,000 daily transactions by September’s end, more than USDC and USDT transfers combined in the same period and approaching Ethereum’s volumes. Copper Research stressed that this activity is already driven by live institutional applications, not pilots.

According to the analysts, favorable regulation and Canton’s privacy-focused, interoperable design make it well-suited for shared institutional platforms.

Versana, backed by JPMorgan (JPM) and Wells Fargo (WFC), now has seven global banks sharing syndicated loan data, while Goldman Sachs’ DAP has supported tokenized bond issuances.

This institutional adoption is what sets Canton apart, the report added.

Read more: Chainlink Chosen by Privacy-Focused Blockchain Canton to Push Institutional Adoption



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October 1, 2025 0 comments
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'Uptober' Prep in Full Swing: 196,799,056 DOGE Moved Amid Rising Whale Activity
Crypto Trends

‘Uptober’ Prep in Full Swing: 196,799,056 DOGE Moved Amid Rising Whale Activity

by admin September 30, 2025


With just a few hours remaining until October begins, dog-themed coin Dogecoin (DOGE) is seeing a flurry of whale activity. Blockchain data tracker Whale Alert recently reported millions of Doge shifted to major crypto exchange, Coinbase.

A total of 196,799,056 DOGE were shifted in two transactions reported by Whale Alert. This was moved from unknown wallets to major crypto exchange Coinbase.

Whale Alert reported that 94,565,083 DOGE worth $21,714,279 and 102,233,973 DOGE worth $23,475,229 were transferred from unknown wallets to Coinbase.

Deposits to exchanges might indicate intent to sell, but other reasons might be likely. At press time, Dogecoin was trading down 0.55% in the last 24 hours to $0.23 and down 4.73% weekly.

“Uptober” arrives

October is deemed positive for markets, referred to as “Uptober” in crypto parlance. Analysts have shared a bullish outlook for the broader crypto market, despite last week’s sell-off and institutional outflow.

The next few weeks remain significant for spot crypto ETFs, with final SEC deadlines approaching on numerous filings. The SEC is expected to make its decision on Dogecoin ETF filings as well as those of other cryptocurrencies, including Solana, Litecoin, XRP, ADA and HBAR.

Bloomberg ETF analyst Eric Balchunas expressed similar expectation, writing in a tweet: “Who’s ready for Cointober? Spot crypto ETF Deadlines start this week! Litecoin and Solana up first. Should be a wild month.”

As reported, the SEC  has asked issuers, including those of DOGE ETFs, to withdraw their 19b-4 filings following the approval of the generic listing standard, which according to Balchunas made the 19b-4 review clock irrelevant, shifting the approval process to S-1 registrations.



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September 30, 2025 0 comments
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Crypto ETF
GameFi Guides

Crypto ETF Boom Expected In Q4, Expert Predicts Surge In Issuer Activity

by admin September 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The remainder of the year is poised to be a pivotal time for crypto ETFs and their issuers, as experts anticipate a significant boom in these investment vehicles. With the US Securities and Exchange Commission (SEC) now adopting a more favorable stance toward crypto assets, the stage is set for a surge in ETF applications. 

Industry insiders are optimistic about the potential for new products that aim to provide exposure to alternative cryptocurrencies like XRP, Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and Hedera (HBAR).

SEC Streamlines Crypto ETF Approval Process

The SEC’s newly updated standards for crypto ETFs, announced just last week, promise to stimulate demand for exchange-traded products linked to these cryptocurrencies. 

Analysts are particularly eager about the anticipated approval of products associated with Solana and XRP, with expectations that these ETFs could make their debut as early as October. 

Steven McClurg, founder of Canary Capital Group, noted a surge in filings with the SEC, stating, “We’ve got about a dozen filings with the SEC now, and more coming. We’re all getting ready for a wave of launches.”

Jonathan Groth, partner at DGIM Law, also pointed that the fourth quarter of the year is shaping up as “boom time” for the crypto ETF market, further adding to the anticipation for the altcoins to join this trend. 

The SEC’s recent vote to adopt new listing standards streamlines the approval process, reducing the time required for new crypto products to launch from up to 270 days to 75 days or less. 

This change eliminates the need for individual regulatory reviews for each application, allowing firms to bring products to market more swiftly. As Teddy Fusaro, president of Bitwise, explained, “These are the rules we had been anticipating.”

Market Readiness In Question

Grayscale has already taken advantage of this, rolling out its Grayscale CoinDesk Crypto 5 ETF less than 48 hours after receiving approval from the SEC to transition from a private to a publicly traded fund. This ETF includes major cryptocurrencies such as Bitcoin and Ethereum, alongside XRP, Solana, and Cardano.

To qualify for the expedited approval process, an ETF must meet at least one of three criteria: the underlying asset must already be traded on a regulated market or have futures contracts regulated by the US Commodity Futures Trading Commission (CFTC) that have been active for at least six months. 

Alternatively, an existing crypto ETF tied to that coin, with at least 40% of its assets invested directly in the cryptocurrency, could also pave the way for approval.

Despite the excitement surrounding these new developments, questions remain about the market’s appetite for a flood of crypto ETFs centered on lesser-known coins. 

Kyle DaCruz, director of digital assets product at asset manager VanEck, highlighted the need for investor education, noting, “There will be a flood of tokens that many folks have never heard of, and instead of years, there will be weeks or months to provide that education.”

The 1-hour chart shows BTC’s price retrace below the key $112,000 support. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 26, 2025 0 comments
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Cardano
Crypto Trends

Cardano Marks 8 Years: The Blockchain Is Still Heating Up With Activity And Development

by admin September 24, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

During a period of notable celebration and excitement in the broader Cardano community, the major blockchain is showcasing robust momentum and development. With the blockchain sector heating up, Cardano’s on-chain activity and investor engagement are persistently growing.

8 Years Later, Cardano Continues To Thrive

In a significant development, the Cardano blockchain is marking its 8th anniversary of existence, and the network continues to thrive. Despite being around for almost a decade, the network is showing signs of continued energy and expansion.

Based on research, the network has evolved over time into a thriving ecosystem of decentralized apps, smart contracts, and an increasingly engaged community. As it commemorates this milestone, Cardano keeps pushing the envelope in terms of adoption, governance, and scalability.

Fresh developments in the blockchain’s performance indicate that it is still in its infancy and has a long way to go. According to Dave, the network has been relentless in its 8 years of existence, with peer-reviewed innovation, building a platform defined by its unparalleled reliability and security.

Cardano’s progress has been impressive, going from a visionary whitepaper to a vibrant global ecosystem. Furthermore, Dave highlighted that the foundation is more solid than ever, expressing his confidence in the blockchain witnessing its best year in the near term.

Presently, the blockchain is experiencing an explosive surge in activity, with the number of transactions conducted on mainnet skyrocketing to record levels. This massive growth in transaction count, which highlights increasing adoption and utility, was reported by TapTools on the social media platform X.

Data shared by TapTools shows that the overall number of transactions executed on the mainnet has surpassed 114 million. Interestingly, these massive transfers have a success rate of 0.73 TPS (Transactions Per Second).

Cardano transactions count over time | Source: Chart from TapTools on X

Such a huge transaction count marks the heightened engagement across DeFi, staking, and real-world applications building on the blockchain. With developer trust in the platform and consumer demand growing rapidly, the development could position the network as a major player in the next wave of blockchain expansion.

A Climb In Global Sentiment Hierarchy

According to a report from Mintern, Cardano has climbed up the global charts in community sentiment. This move up reinforces its standing as one of the blockchain ecosystems that receives the most active support and attention.

After moving up the ranks, potentially due to its heightened engagement, the network is now positioned at the 7th spot in global community sentiment. In addition, ADA has one of the most robust and upbeat communities among the Top 10 cryptocurrencies. Thus, the blockchain is showing its ability to stay relevant in a landscape that is becoming highly competitive.

At the time of writing, ADA was trading at $0.81, demonstrating a more than 7% decline in the past week. CoinMarketCap data shows that its trading volume has also fallen by over 26% in the past day, indicating growing bearish investor action.

ADA trading at $0.81 on the 1D chart | Source: ADAUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 24, 2025 0 comments
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Heavy Whale Activity Drives Aster Token Surge After Launch
GameFi Guides

Heavy Whale Activity Drives ASTER Token Surge After Launch

by admin September 21, 2025



On-chain tracker Lookonchain has flagged heavy whale activity in ASTER, the native token of decentralized exchange Aster. In the past 24 hours, three major wallets moved a combined over $10 million worth of tokens, suggesting big players are circling the project soon after its launch.

The largest came from 0x04EA, which pulled out 7.04 million ASTER ($4.66 million) about 13 hours ago. Another wallet, 0xe1Da, withdrew 5.1 million tokens ($4.1 million) roughly 10 hours ago. A third, 0x841D, first deposited 2.22 million APX ($2.22 million), then swapped it out for ASTER worth $2.11 million just a couple of hours later.

These movements suggest whales are still active around the token, possibly holding on to their positions rather than selling off quickly.

From Launch to Rally

Aster is a new decentralized perpetual exchange that launched in July on the BNB Chain. It is backed by YZi Labs (previously Binance Labs) and supported by PancakeSwap. The exchange lets users trade crypto with leverage, putting it alongside other DeFi trading platforms.

Its token, ASTER, was introduced only on September 18, but trading has been fast. Within hours of going live, the price jumped more than 300%. This followed months of activity through the Aster Genesis program, where the team handed out 704 million ASTER tokens via an airdrop to early users.

Market Snapshot

ASTER is currently priced at $0.937, up about 58% in the past day. Its market cap is $1.55 billion, while 24-hour trading volumes are near $708 million, up 76% from the previous day.

Much of this rise comes from new exchange listings and speculation. On September 19, OrangeX introduced a 25x ASTER perpetual contract, drawing in leverage traders. Rumors of an APX-to-ASTER swap have also helped. Mentions from Binance founder Changpeng Zhao (CZ) on social media have added more attention.

On Thursday, Hyperliquid listed ASTER with up to 3x leverage. The exchange did caution about low liquidity and volatility, but the move still brought more traders in.

Early Growth Numbers

In its first day after launch, Aster saw $345 million in trading volume, over $1 billion in total value locked (TVL), and more than 330,000 new users. Even CZ highlighted the growth, calling it one of the strongest debuts of the year.

The Road Ahead

Whales are shifting tokens, new exchanges are listing ASTER, and trading activity keeps climbing. The token has built strong momentum in just a few days, but the real test is whether Aster can hold onto this growth in an already crowded DeFi market.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry risk, and you should do your own research before making any decisions.



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September 21, 2025 0 comments
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BNB Chain Record
GameFi Guides

BNB Chain hits record monthly users as on-chain activity explodes

by admin September 18, 2025



Summary

  • BNB Chain reached 51.6 million monthly active addresses on Sept. 17, with fees and revenue up more than 23% in the past month.
  • The surge comes as Binance founder Changpeng Zhao plans a $1 billion BNB Treasury Company to support top institutional projects.
  • The BNB token hit $1,000 on Sept. 18, amid speculation about Zhao’s possible return to Binance.

BNB Chain saw record activity with 51.6 million monthly addresses alongside rising revenue over the past month. BNB hit $1,000 as Zhao outlined plans for a $1 billion Treasury Company, fueling rumors about his return to Binance.

BNB Chain, the blockchain behind Binance‘s native token (BNB), reached a new milestone on Sept. 17, when monthly active addresses hit 51.9 million, surpassing a previous all-time high recorded in September 2024, according to Token Terminal data.

BNB Chain’s active users monthly | Source: Token Terminal

The surge in activity comes alongside growth in network metrics, as over the past 30 days, fees collected on the chain reached $13.2 million, a more than 24% jump compared with the previous period, while revenue reached $1.4 million, up 23%, indicating that more users are interacting with the network.

BNB Chain’s transaction count weekly | Source: Token Terminal

By transaction count, BNB Chain also keeps reinforcing its position in the top three layer 1 networks, according to Token Terminal. While Internet Computer leads with 412.2 billion transactions, Solana follows it at 354.5 billion, and BNB Chain with the transaction count at 9.2 billion.

As of September, the network supports over 1,095 projects across sectors, including DeFi, gaming, and NFTs, with the total value locked in in BNB Chain standing at $7.68 billion, still down around 65% from 2021’s peak.

Speaking with crypto.news, Marwan Kawadri, DeFi lead and head of EMEA at BNB Chain, attributed the growth to a big user base of 4 million daily active users and more than 625 million unique addresses, as well as deep global liquidity with more than $11 billion in TVL and stablecoin circulation.

Kawadri added that the team is now aiming to reach a “CEX-like experience” so that transactions “will be confirmed in under 150 milliseconds.”

“Overall, BNB Chain is targeting to become a settlement layer and financial infrastructure for all assets, it will not be specifically limited to any particular trading scenario. The direction and initial form of this chain are still continuously evolving, and we will explore and build this together with the community.”

Marwan Kawadri

The growth in on-chain activity coincides with a rise in BNB’s market value as the token recently hit a new all-time high of $962. Part of this momentum seems to be tied to announcements from Binance founder Changpeng Zhao, who outlined plans for the upcoming BNB Treasury Company in an interview with Leon Lu, founder of B Strategy.

As crypto.news reported earlier, Zhao described BNB as a “true utility coin,” highlighting its multi-chain compatibility and its use across trading discounts, yield generation, launch pools, launchpads, and the Binance Alpha ecosystem. He also emphasized BNB’s role across both centralized and decentralized platforms, including cross-border payments and dApps worldwide, noting that the ecosystem has untapped potential in regions such as Southeast Asia, Europe, the Middle East, and Africa.

Back as CEO

The planned BNB Treasury Company is expected to raise $1 billion with backing from YZi Labs. Zhao said the initiative will target institutional demand, focusing support on strong, well-positioned projects. “We’ve been approached by probably more than 50 companies for BNB specifically…we will only do that to a very small number of DAT companies. Basically, the very top, strong ones,” Zhao said in the podcast.

Speculation about Zhao’s possible return to Binance has also grown. On Sept. 17, the Binance founder updated his X profile, changing it from “ex-@binance” back to “@binance.” Zhao stepped down as CEO nearly two years ago following a $4.3 billion settlement with the U.S. Department of Justice in November 2023 over anti-money laundering violations.

Reports also suggest that the DOJ may soon lift compliance restrictions on Binance, which has fueled rumors about his potential return, though Zhao has stated he does not plan to resume the CEO role.

Data from crypto.news shows BNB hit an all-time high of $1,000 on Sept. 18, setting a new historical milestone for the BNB Chain ecosystem. As of press time, the token is up 3.7% in the past 24 hours, trading around $989, and it has risen over 10% over the past week.



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September 18, 2025 0 comments
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HBAR/USD (TradingView)
Crypto Trends

HBAR Advances 4% as ETF Speculation Drives Institutional Trading Activity

by admin September 12, 2025



Hedera’s native token HBAR posted modest gains during the September 11–12 trading window, climbing from $0.237 to as high as $0.245 before closing at $0.240. The move reflected a surge in institutional participation, with market activity closely tied to fresh developments around potential exchange-traded products.

Corporate momentum built after Grayscale Investments revealed plans for a potential HBAR trust and the Depository Trust and Clearing Corporation (DTCC) added a Canary HBAR ETF filing to its regulatory database. The listing, under the proposed ticker HBR, accompanied similar submissions for Solana and XRP, underscoring growing Wall Street appetite for digital assets beyond Bitcoin.

Traders reacted sharply to the news. Technical resistance at $0.245 triggered profit-taking, while $0.240 emerged as a key institutional support level, reinforced by late-session volume spikes that topped 17 million tokens. Analysts say the speculation could set up a test of the $0.25 psychological threshold if momentum continues.

Still, industry observers caution that DTCC inclusions represent only preliminary steps, not SEC approval. Regulators remain focused on addressing market manipulation risks and investor protection standards for non-Bitcoin crypto assets, leaving the timeline for any HBAR-based ETF uncertain. For now, the filings have placed Hedera firmly on Wall Street’s radar, driving institutional attention even amid regulatory fog.

HBAR/USD (TradingView)

Market Data Reveals Institutional Trading Patterns
  • Intraday trading established a $0.012 range representing 4.24% volatility between the session high of $0.2456 and low of $0.2335.
  • Primary upward momentum occurred during the 21:00-05:00 trading window as HBAR advanced from $0.235 to peak levels near $0.245.
  • Volume activity averaged 54.7 million during key breakout periods, exceeding the 24-hour average of 50.1 million and indicating institutional participation.
  • The $0.240 price level demonstrated strong institutional support with high-volume defensive trading throughout the session.
  • Selling pressure intensified near $0.245 on elevated volume, suggesting coordinated profit-taking by institutional holders.
  • Late-session volume surge of 17.08 million at 11:32 triggered systematic selling and price consolidation around support levels.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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September 12, 2025 0 comments
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Ethereum
NFT Gaming

Ethereum Investors Double Down As Staking Activity Spikes Sharply – Here’s How Much

by admin September 11, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum has flipped slightly bullish again after facing bearish pressure for several days and is trading back above the $4,300 price level. Amid this price fluctuation, a recent report shows that ETH’s staking activity has grown exponentially, with a massive portion of the altcoin locked away in staking.

A Massive Growth In Ethereum Staking

While Ethereum’s price is regaining upward traction, staking activity is on the rise. Currently, investors are doubling down on ETH, with staking activity spiking sharply as confidence in the network’s long-term potential strengthens.

This notable surge in staking activity was shared by CryptoGucci, a crypto enthusiast, on the X (formerly Twitter) platform. The development shows a robust commitment from institutional and retail players, who view Ethereum’s proof-of-stake architecture as a pillar for safeguarding the blockchain’s future rather than merely a yield potential.

According to the expert, there is currently more than 36,148,793 ETH locked into staking, even as market volatility continues to shape the broader crypto landscape. This significant number of ETH locked away in staking represents over 29.9% of the total supply of ETH in circulation.

At current market prices, the total ETH locked in staking is worth a staggering $158 billion. CryptoGucci noted that the huge capital from institutional and retail investors championed to the ecosystem is committed to securing ETH through staking.

A massive supply of ETH staked | Source: Chart from CryptoGucci on X

During this substantial wave of ETH staking, a large portion of the altcoin has been persistently withdrawn from major crypto exchanges. Recent reports reveal that Ethereum’s exchange supply is on a steady downward trajectory, and the trend does not appear to be showing any signs of slowing down.

After examining the Ethereum Exchange Reserve metric, CryptoGucci highlighted that the ETH supply on exchanges continues to reach record lows. This development signals a strong shift towards staking and long-term holdings, which reflects rising investor confidence in the altcoin’s potential.

Presently, Exchange-Traded Funds (ETFs) are purchasing billions, treasuries are piling, and institutions are hoarding. Given the ongoing robust attention directed toward ETH, the expert is confident that a notable rally could be on the horizon.

ETH Locking A Larger Chunk Of Spot Market Share

Ethereum is continuously breaking crucial boundaries in the ongoing bull market cycle. In a post on the X platform, Milk Road, a crypto expert, reported that ETH has flipped Bitcoin, the largest crypto asset, in terms of spot market share.

For the first time ever, ETH has captured a larger share of the spot market compared to Bitcoin, surpassing the 50% mark. According to the crypto expert, this is a five-year breakout that indicates the direction of liquidity flow. ETH’s overtaking BTC in this area is a result of stablecoins, tokenization, ETFs, and regulation converging on the network.

ETH trading at $4,436 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 11, 2025 0 comments
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$5,940,000,000 XRP Activity Surge Shocks Market as Price Flips Direction
NFT Gaming

$5,940,000,000 XRP Activity Surge Shocks Market as Price Flips Direction

by admin September 5, 2025


The crypto market saw whipsaw price action in the early Friday session, with various crypto assets seeing a surge in trading activity.

XRP likewise saw its volume rise as much as 44% to reach $6.57 billion, according to CoinMarketCap data.

XRP Volume, Courtesy: CoinMarketCap

The broader crypto market rose in response to a weaker jobs report released Friday, which seemed to boost the potential of a rate cut in the upcoming Fed meeting scheduled for September.

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Cryptocurrencies returned to green afterward, but the rise was shortlived, followed by a drop.

At press time, XRP was down 0.85% in the last 24 hours to $2.80 after reaching an intraday high of $2.88.

XRP news

CME futures recently gave a recap of August growth, which saw a record $36 billion in OI for Crypto futures and options. XRP stole the spotlight as it reached an all-time high in open interest as institutional activity expanded beyond Bitcoin.

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Ripple CEO Brad Garlinghouse took to X to highlight the recent milestone, noting XRP’s impressive surge in open interest: “Per CMEGroup data, XRP Futures contracts were the fastest-ever (just over 3 months) to hit $1B in open interest.”

This week, the credentials amendment was activated on the XRP Ledger mainnet. Credentials (XLS-70) are designed to be a lightweight feature additive to the DID standard and are a framework for issuing, managing and verifying user credentials directly on the XRP Ledger. This standard introduces a new “Credential” ledger object along with new transaction types for creating, accepting and deleting credentials.



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September 5, 2025 0 comments
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