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Bitpanda launches DeFi wallet amid record revenue growth
GameFi Guides

Bitpanda launches DeFi wallet amid record revenue growth

by admin August 19, 2025



Bitpanda has launched the Bitpanda DeFi Wallet, supporting over 5,000 tokens across major blockchains, just over a week after reporting record financial performance.

Summary

  • New Bitpanda DeFi Wallet supports 5,000+ tokens across multiple blockchain networks.
  • Launch comes on the heels of Bitpanda’s record $426M in revenue reported earlier this month.

In a press release shared with crypto.news, Bitpanda — one of Europe’s leading crypto platforms offering over 3,200 digital assets — has launched the Bitpanda DeFi Wallet, the second product in its Web3 suite.

The wallet allows users to trade, earn, and manage digital assets across multiple chains without leaving the app. At launch, it supports over 5,000 tokens and multiple blockchain networks including Ethereum (ETH), Solana (SOL), Polygon (POL), BNB Chain (BNB), Avalanche (AVAX), Optimism (OP), Base (BASE), and Arbitrum (ARB).

Key features include:

  • Multi-chain DeFi access with more networks planned
  • Smart swaps across 5,000+ tokens with optimized pricing
  • Self-custodial wallet with optional Bitpanda Backup for secure recovery
  • Curated DeFi yield pools, reviewed for transparency
  • Sponsored gas fees on select Layer 2 networks
  • Seamless integration with existing Bitpanda accounts, enabling transfers without manual address input

Bitpanda will also soon launch a Web3-native loyalty program, where users can earn points via onchain actions, with staked Vision (VSN) tokens acting as multipliers to maximize rewards — including exclusive perks and early access to new products.

Recent milestones for Bitpanda

The launch of the Bitpanda DeFi Wallet builds on a series of major milestones and strategic moves by the company.

Earlier this month, Bitpanda posted its strongest financial performance to date, generating $426 million in operating revenue, up 162% from the year before, driven by new partnerships and its growing range of regulated offerings.

The company also secured a MiCA license from Germany’s BaFin in January, enabling operations across all 27 EU member states under a unified regulatory framework, and obtained a broker-dealer license in Dubai, marking its first fully licensed expansion outside Europe.



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August 19, 2025 0 comments
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Ethereum Maxis Distressed As Validator Exit Queue Hits Record 910K Eth
Crypto Trends

Ethereum Maxis Distressed as Validator Exit Queue Hits Record 910k ETH

by admin August 19, 2025



The Ethereum Proof-of-Stake (PoS) network is seeing all-time high activity in its validator queues, with the exit queue presently reaching 910k Ethereum (ETH), worth approximately $3.8 billion. 

According to the tracking site Validator Queue, withdrawals are expected to take around 15 days and 16 hours, marking one of the longest waiting times to date. On August 14, Ethereum’s validator exit queue was nearly at 700,000 ETH, valued at about $3.29 billion. 

The exit queue refers to the queue of waiting validators that are about to withdraw staked ETH, and the entry queue represents those queuing to stake and enter the network. 

Alongside the exits, new deposits continue to flow in. The entry queue currently holds about 260,185 ETH, valued at approximately $1.1 billion. They are anticipated to become active in around 4 days and 12 hours, indicating that despite heavy withdrawals, new money is still coming into the network.

At the time, institutional demand and long-term investors are sustaining the entry queue, helping maintain balance in the staking system.

Statistics also indicate that the Ethereum PoS network has more than 1.082 million active validators and a total of 35.5 million ETH staked, accounting for 29.38% of the entire ETH supply. The current staking rewards are averaging 2.95% annually (APR). 

Ethereum’s Gigantic Gains this Year

The increase in the exit queue comes after Ethereum’s steep price rally in recent months, which has seen most validators unlock funds and take profits. Ethereum (ETH) is currently trading at $4,243.23, which surged as high as $4,784 this month. It has rallied over 223% since April lows below $1,500—as per CoinMarketCap data. 

The cryptocurrency’s current market capitalization is $509.19 billion, with a trading volume of $47.83 billion within the last 24 hours.

Also Read: Ethereum Faces Record Shorting While Demand Stays Strong



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August 19, 2025 0 comments
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First National Baseball HOF program sells for record $315K
Esports

First National Baseball HOF program sells for record $315K

by admin August 19, 2025


  • Dan HajduckyAug 18, 2025, 05:01 PM ET

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      Dan Hajducky is a staff writer for ESPN. He has an MFA in creative writing from Fairfield University and played on the men’s soccer teams at Fordham and Southern Connecticut State universities.

A program from the first National Baseball Hall of Fame induction ceremony in 1939 signed by all 11 living inductees at the time has sold via Lelands Auctions for just over $315,000. It’s the most ever paid for a program, beating out the $241,500 paid for a 1903 World Series program in 2011.

The Baseball Hall of Fame program is believed to be the only ever signed by all the living inductees present at the event: Babe Ruth, Ty Cobb (who signed the program twice), Walter Johnson, Honus Wager, Cy Young, Tris Speaker, Grover Alexander, Nap Lajoie, George Sisler, Eddie Collins and Connie Mack. The program is also signed by Hall of Famers Mel Ott, Lefty Grove and Johnny Vander Meer, among others.

The consignor’s parents, who were engaged at the time, attended the ceremony on June 12, 1939. They both purchased a program and tried to obtain as many signatures as they could, and the consignor’s mother obtained the autographs of all the living inductees.

The Baseball Hall of Fame program is believed to be the only ever signed by all eleven living inductees present at the ceremony in 1939. Courtesy of Lelands Auctions

“My mother and her fiancé wanted to collect all the autographs of the living HOF players while at the opening of the HOF,” wrote the consignor, whose name wasn’t disclosed. “She got autographs from all except for Ty Cobb who was late. In fact he missed the famous photograph with all the other inductees.”

The consignor went on to write that his mother waited for Cobb, who agreed to give his autograph only if he could have a kiss.

“She gave him a kiss on the cheek, but as she pulled away, he kissed her,” the consignor wrote. “When signing, he said ‘Well, since I got two kisses, I’ll sign it twice.’ Thus the ‘Double Ty’ signature.”

The program includes a letter of authenticity, verifying the veracity of the signatures, by grader and authenticator Professional Sports Authenticator.



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August 19, 2025 0 comments
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IOTA rides rebased upgrade to record TVL as token breaks out
NFT Gaming

IOTA rides rebased upgrade to record TVL as token breaks out

by admin August 18, 2025



IOTA’s Rebased upgrade is paying off. Just months after launch, the layer-1 network has hit an all-time high $36 million in total value locked, fueled by double-digit staking yields and rising transaction activity — momentum that has chart watchers betting on a bullish breakout toward $0.50.

Summary

  • IOTA price token was flat on Sunday, Aug. 17. 
  • Its monthly network transactions jumped by over 30%.
  • The total value locked rose to a record high of $36 million.

IOTA transactions and TVL jumps

IOTA (IOTA) token was trading around $0.2125 at last check on Aug. 17, up by 50% from its lowest level this year. 

IOTA, a layer-1 network, is performing relatively well, just a few months after launching the Rebased upgrade. Rebased was a major upgrade that introduced more decentralization by adding new validators. 

It also enabled IOTA holders to stake their tokens and earn double-digit returns. Nansen data shows that it now has staking yield of 13%, higher than most coins. 

Rebased also introduced MoveVM smart contracts, enabling developers to build their decentralized applications in areas like DeFi and gaming. 

Data shows that the total value locked in IOTA’s platform has continued rising this month and currently stands at an all-time high. Swirl, the biggest liquid staking platform, jumped by 2.8% in the last 30 days to $17.14 million. 

Pools Finance’s TVL rose to $11 million, while Virtue has gained $8.14 million. This brings its TVL to $36 million, up from $10 million in July this year. While this TVL is still smaller compared to its peers, it is moving in the right direction.

IOTA’s network is also growing in terms of transaction growth. It handled 779,900 transactions in the last 30 days, a 31% increase, indicating that users are interacting with it. 

IOTA price technical analysis

IOTA price chart: Source: crypto.news

The daily timeframe chart shows that the IOTA token formed a double-bottom pattern at $0.1420, its lowest level in April and June this year. A double-bottom is a typical bullish reversal pattern characterized by two distinct lows and a neckline, which, in this case, is at $0.2742. 

IOTA token has moved slightly above the 50-day and 100-day moving averages. The Relative Strength Index and the MACD indicators have moved sideways.

Therefore, the IOTA price will likely bounce back and possibly retest the key resistance point at $0.2742, its highest point in May, and the neckline of the double-bottom pattern. 

A move above that level will indicate further gains, potentially reaching the psychological point at $0.50, which is up 135% from the current level. A drop below the double-bottom point will invalidate the bullish forecast.



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August 18, 2025 0 comments
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Dow Jones, Nasdaq, S&P 500 down, retailers are split on tariff impact
GameFi Guides

Dow Jones down, Nasdaq gains while S&P 500 nears record highs

by admin June 25, 2025



Tech stocks were led slightly higher as the S&P 500 approached record levels following the Israel–Iran ceasefire.

Major U.S. stock indices were mixed as the S&P 500 approached its all-time high. On Wednesday, June 25, the Dow Jones was down 151.95 points, or 0.35%, while the tech-focused Nasdaq gained 0.24%. The S&P 500 was mostly flat, trading at 6,090 points, close to its February all-time high of 6,144.

Stocks are stabilizing after a major rally earlier this week on the Iran–Israel ceasefire. Just days ago, tensions had threatened to escalate into a broader regional war, with the U.S. facing another potential Middle East entanglement.

Now, markets are adjusting back to their normal dynamics. Crude oil prices also rose 2% to $65 per barrel after dropping from the monthly highs reached during the conflict. On the other hand, tech stocks are gaining as traders see signs of potential rate cuts this year.

Dow Jones Industrial Average heatmap | Source: TipRanks

Nvidia near ATH, Trump looking for Powell’s replacement

In particular, Nvidia had strong gains, rising 3.4% to $152.93. This puts it on track to surpass its intraday all-time high of $153.13, last seen in January. The rally also pushed Nvidia’s market cap to $3.71 trillion, surpassing Microsoft’s $3.65 trillion.

The rally was likely fueled by Bank of America’s guidance on the stock, which identified it as the leader in AI chips. Moreover, Nvidia and the broader AI sector could benefit from the easier monetary policy that U.S. President Donald Trump is advocating.

After months of pressuring Federal Reserve Chair Jerome Powell, Trump stated that he is actively seeking a replacement. The President said he is now down to 3 or 4 candidates to replace Powell as Fed Chair. Trump did not say whether he would fire Powell before his term officially ends in May 2026.



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June 25, 2025 0 comments
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Coinbase (COIN) Stock Hits 52-Week High, Nears All-Time Record Amid Crypto Rally
Crypto Trends

Coinbase (COIN) Stock Hits 52-Week High, Nears All-Time Record Amid Crypto Rally

by admin June 25, 2025



Coinbase Global (COIN) stock extended its rally on Wednesday, setting a fresh 52-week high and coming within range of its record closing price from November 2021, as the broader digital asset industry followed Bitcoin’s lead.

Shares of the crypto exchange rallied by as much as 7.1% Wednesday morning, reaching an intraday high of $369.25, according to Yahoo Finance data. COIN was last seen trading around $352 for a gain of 2%.

The stock has also rebounded 133% from its April low, which occurred during a broad market sell-off sparked by US President Donald Trump’s “Liberation Day” tariff announcement.

With the rally, COIN has set a fresh 52-week high and is within 2% of its record closing price of $357.39, according to Macrotrends data. 

COIN stock is approaching all-time highs. Source: Yahoo Finance

At current values, Coinbase stock has a total market capitalization of $89.6 billion, making it one of the most valuable crypto-focused companies. 

Coinbase stock has rallied more than 42% since the start of the year, fueled by rising (BTC) prices, pro-industry regulatory developments in the United States and steady revenue growth. 

While Coinbase’s first-quarter revenue came in below expectations, it rose 24.2% year-over-year to $2.03 billion. Subscription and services revenue grew 36.3% to $698.1 million, driven largely by income from stablecoins.

Related: Bitcoin rebounds to $105K as Coinbase premium hits second 2025 high

Coinbase stock follows Circle Internet Group higher

Coinbase shares are rallying alongside stablecoin issuer Circle Internet Group’s highly successful initial public offering.

After debuting at $31 per share, Circle’s stock, trading under the ticker CRCL, has surged to over $200.

Coinbase and Circle maintain a significant partnership centered on the USDC (USDC) stablecoin, which deepened in 2023 when Coinbase acquired an equity stake in Circle.

As Cointelegraph recently reported, Circle briefly became the top holding in VanEck’s MVIS Global Digital Assets Equity Index (MVDAPP), which tracks the largest and most liquid publicly traded crypto companies.

The largest components of MVDAPP. Source: MarketVector

However, as of Wednesday, Coinbase had reclaimed the top spot in the MVDAPP.

Related: ‘Stablecoin summer’ as Coinbase, Circle stocks surge on new legislation



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June 25, 2025 0 comments
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XRP's weekly chart shows the price-MACD divergence. (TradingView/CoinDesk)
NFT Gaming

XRP Primed For Record Rally? Ripple-Linked Coin Echoes Bullish Bitcoin (BTC) Pattern

by admin June 25, 2025



This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Imagine a ship caught in a fierce storm, battered by large waves and swaying wildly yet staying afloat. It indicates that beneath the turmoil, resilience persists, suggesting that smooth sailing will follow once the storm passes.

Similarly, when an asset’s price refuses to decline despite bearish signals from key indicators, it suggests underlying strength and a potential bull run ahead.

That’s the current situation in the XRP market and mirrors conditions in the bitcoin market that foreshadowed BTC’s historic run higher from $70,000 to $100,000 late last year. Let’s have a look at both.

XRP is the payments-focused cryptocurrency used by the Fintech company Ripple to facilitate cross-border transactions. The two, however, are not interchangeable.

XRP defies bearish MACD histogram

The underlying strength in XRP is evident from the way prices have been behaving relative to the MACD histogram in recent weeks.

The moving average convergence divergence (MACD) histogram is an exponential moving average (EMA)–based trend-following indicator widely tracked by both institutions and retail investors to identify price trends and measure trend momentum.

The MACD bars crossing from negative to positive indicate a bullish shift in momentum, suggesting the start of an uptrend in the asset’s price. A crossover below zero suggests otherwise, with consecutive deeper bars indicating a strengthening of the downward momentum.

XRP’s weekly chart MACD, used by traders to gauge long-term trends, crossed below zero in the first week of March, signaling a renewed downtrend.

However, a pronounced downtrend has not yet materialized, with prices mainly trading back and forth between $2 and $2.60, barring occasional short-lived dips below $2.

XRP’s weekly chart shows the price-MACD divergence. (TradingView/CoinDesk)

The divergence, marked by persistently bearish MACD and largely directionless trading, hints at bullish vibes or resilience beneath the surface – bulls successfully absorbing supply.

This prolonged divergence means the potential for a sudden bull revival and price increases. The bull case is supported by the upward-sloping 50-, 100- and 200-week simple moving averages (SMA).

BTC defied bearish MACD in 2024

The above-discussed divergence in XRP is similar to the conditions in BTC last year when the weekly MACD kept flashing red throughout the Summer. At the same time, BTC traded range-bound, barring occasional short-lived dips below $60,000.

CoinDesk noted the divergence in mid-September last year when BTC changed hands at around $59,000. Weeks later, BTC rose to $70,000, eventually topping the same in November to hit record highs above $100,000.

Let’s see if XRP follows the same path.

BTC’s 2024 price-MACD setup. (CoinDesk/TradingView)



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June 25, 2025 0 comments
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US Bitcoin ETFs record 11 consecutive days of net inflows despite macro jitters
NFT Gaming

US Bitcoin ETFs record 11 consecutive days of net inflows despite macro jitters

by admin June 25, 2025



U.S. spot Bitcoin exchange-traded funds neared a two-week inflow streak on Tuesday, as geopolitical tensions eased and institutional interest continued to drive demand.

According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew a combined $588.55 million in inflows on June 24. This marked the strongest single-day performance in over a month and extended the current streak of consecutive inflows to 11 days, totaling more than $3.3 billion.

BlackRock’s IBIT led the day with $436.32 million in inflows, accounting for nearly three-quarters of the total. Fidelity’s FBTC and ARK Invest’s ARKB followed with $85.16 million and $43.85 million, respectively. Bitwise’s BITB, Grayscale’s GBTC, and VanEck’s HODL collectively brought in $23.22 million. Notably, several smaller funds recorded no inflows on the day.

The spike in inflows coincided with a shift in macro sentiment, driven largely by geopolitical developments.

On June 24, U.S. President Donald Trump announced that Iran and Israel had agreed to a ceasefire, emphasizing that both parties must strictly adhere to the terms. The ceasefire, following nearly two weeks of escalating hostilities, alleviated fears of broader conflict and its potential economic fallout, particularly rising oil prices and inflationary pressure.

Bitcoin (BTC) responded positively to the news, surging 6.1% to reclaim the $106,718 level at press time. The move above the psychologically important $105,000 level appeared to validate bullish momentum, with market participants interpreting the ceasefire as a temporary de-risking event.

Meanwhile, recent regulatory developments have also helped lift market sentiment. On June 23, the Federal Reserve removed the term “reputational risk” from its bank supervision guidelines. The change is seen as a structural shift that may reduce barriers preventing banks from offering services to digital asset firms.

Industry experts believe this adjustment could accelerate the integration of crypto within traditional financial systems, particularly in banking infrastructure.

Institutional appetite for Bitcoin also appears to be accelerating. MicroStrategy’s Michael Saylor recently added $26 million worth of Bitcoin to its treasury, pushing its total holdings to 592,345 Bitcoin.

This trend is being mirrored by a growing number of new and established public firms exploring similar treasury strategies. 

For instance, veteran investor Anthony Pompliano recently unveiled ProCap, a new Bitcoin treasury firm that aims to accumulate $1 billion worth of Bitcoin. ProCap has already acquired 3,724 Bitcoin for roughly $387 million.

Further reinforcing this institutional pivot, Trump Media filed with the SEC to list the “Truth Social Bitcoin and Ethereum ETF” on the New York Stock Exchange. The proposed ETF would allocate 75% of its assets to Bitcoin and 25% to Ethereum, marking a high-profile attempt to gain a foothold in the growing digital asset fund landscape.

Commenting on market dynamics, Komodo Platform CTO Kadan Stadelmann told crypto.news that despite macro jitters, “buyers are taking advantage of dips and accumulating.”

“Market volume suggests significant market activity. Demand will almost certainly remain strong, especially as companies continue to announce they are starting Bitcoin Treasuries, the latest of which is Donald Trump’s Truth Social,” Stadlemann said.

According to a new report by Bybit on portfolio allocation trends, Bitcoin now makes up 30.95% of the average investor’s portfolio, up from 25.4% in November 2024, a sign that investors increasingly view the benchmark cryptocurrency as a mature asset rather than a purely speculative play.



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June 25, 2025 0 comments
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judge hammer
Gaming Gear

New judge’s ruling makes OpenAI keeping a record of all your ChatGPT chats one step closer to reality

by admin June 25, 2025



  • A federal judge rejected a ChatGPT user’s petition against her order that OpenAI preserve all ChatGPT chats
  • The order followed a request by The New York Times as part of its lawsuit against OpenAI and Microsoft
  • OpenAI plans to continue arguing against the ruling

OpenAI will be holding onto all of your conversations with ChatGPT and possibly sharing them with a lot of lawyers, even the ones you thought you deleted. That’s the upshot of an order from the federal judge overseeing a lawsuit brought against OpenAI by The New York Times over copyright infringement. Judge Ona Wang upheld her earlier order to preserve all ChatGPT conversations for evidence after rejecting a motion by ChatGPT user Aidan Hunt, one of several from ChatGPT users asking her to rescind the order over privacy and other concerns.

Judge Wang told OpenAI to “indefinitely” preserve ChatGPT’s outputs since the Times pointed out that would be a way to tell if the chatbot has illegally recreated articles without paying the original publishers. But finding those examples means hanging onto every intimate, awkward, or just private communication anyone’s had with the chatbot. Though what users write isn’t part of the order, it’s not hard to imagine working out who was conversing with ChatGPT about what personal topic based on what the AI wrote. In fact, the more personal the discussion, the easier it would probably be to identify the user.

Hunt pointed out that he had no warning that this might happen until he saw a report about the order in an online forum. and is now concerned that his conversations with ChatGPT might be disseminated, including “highly sensitive personal and commercial information.” He asked the judge to vacate the order or modify it to leave out especially private content, like conversations conducted in private mode, or when there are medical or legal matters discussed.


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According to Hunt, the judge was overstepping her bounds with the order because “this case involves important, novel constitutional questions about the privacy rights incident to artificial intelligence usage – a rapidly developing area of law – and the ability of a magistrate [judge] to institute a nationwide mass surveillance program by means of a discovery order in a civil case.”

Judge Wang rejected his request because they aren’t related to the copyright issue at hand. She emphasized that it’s about preservation, not disclosure, and that it’s hardly unique or uncommon for the courts to tell a private company to hold onto certain records for litigation. That’s technically correct, but, understandably, an everyday person using ChatGPT might not feel that way.

She also seemed to particularly dislike the mass surveillance accusation, quoting that section of Hunt’s petition and slamming it with the legal language equivalent of a diss track. Judge Wang added a “[sic]” to the quote from Hunt’s filing and a footnote pointing out that the petition “does not explain how a court’s document retention order that directs the preservation, segregation, and retention of certain privately held data by a private company for the limited purposes of litigation is, or could be, a “nationwide mass surveillance program.” It is not. The judiciary is not a law enforcement agency.”

That ‘sic burn’ aside, there’s still a chance the order will be rescinded or modified after OpenAI goes to court this week to push back against it as part of the larger paperwork battle around the lawsuit.

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Deleted but not gone

Hunt’s other concern is that, regardless of how this case goes, OpenAI will now have the ability to retain chats that users believed were deleted and could use them in the future. There are concerns over whether OpenAI will lean into protecting user privacy over legal expedience. OpenAI has so far argued in favor of that privacy and has asked the court for oral arguments to challenge the retention order that will take place this week. The company has said it wants to push back hard on behalf of its users. But in the meantime, your chat logs are in limbo.

Many may have felt that writing into ChatGPT is like talking to a friend who can keep a secret. Perhaps more will now understand that it still acts like a computer program, and the equivalent of your browser history and Google search terms are still in there. At the very least, hopefully, there will be more transparency. Even if it’s the courts demanding that AI companies retain sensitive data, users should be notified by the companies. We shouldn’t discover it by chance on a web forum.

And if OpenAI really wants to protect its users, it could start offering more granular controls: clear toggles for anonymous mode, stronger deletion guarantees, and alerts when conversations are being preserved for legal reasons. Until then, it might be wise to treat ChatGPT a bit less like a therapist and a bit more like a coworker who might be wearing a wire.

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June 25, 2025 0 comments
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4 Months Record Broken, 1,500,000 XRP
Crypto Trends

4 Months Record Broken, 1,500,000 XRP

by admin June 22, 2025


With more than 1.5 million payments made in a 24-hour period, XRP recently achieved a significant milestone in terms of network activity, breaking a four-month record. On-chain activity is increasing, suggesting a potential discrepancy between usage fundamentals and market sentiment, even though the price action presents a less hopeful picture. From a technical standpoint, XRP has descended from the symmetrical triangle formation that had been forming for weeks.

Since XRP has lost the 200-day moving average’s support, the short-term price outlook is bearish. This type of breakdown typically signals the start of a downward trend. Additionally, the RSI fell below 40, indicating that the bearish momentum is intensifying. Since there is currently little support, XRP might test lower levels in the days ahead if it doesn’t recover quickly.

XRP/USDT Chart by TradingView

The ledger, however, presents a different picture even though the chart indicates weakness. Payments have increased significantly according to on-chain data, on June 21 alone over 1.5 million transactions were processed, the most since early 2025. This spike in activity suggests that XRP Ledger is becoming more useful and widely used for actual transactions.

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Since increased usage tends to drive demand, price recoveries have historically frequently been preceded by a sustained increase in network usage. Investors find themselves in a paradoxical situation due to the disparity between technical weakness and on-chain strength. The price is responding to current liquidity flows and market pressures, but the fundamentals are beginning to show signs of recovery.

Despite the current breakdown, XRP may find stable ground and even reverse course if this trend in payment volume continues or increases. Volatility will probably continue to be high in the near future. Nonetheless, if general market conditions level off, the recent surge in XRP Ledger activity could provide a crucial base for future gains for holders who have held the cryptocurrency for a medium to long time.



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June 22, 2025 0 comments
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