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More than 90% of XRP’s supply is currently profitable, even though the token’s price has remained relatively flat for the past three months.
Data from on-chain analytics firm Santiment reveals that most of XRP’s circulating supply was acquired at lower price points than its current market value.
This level of profitability places XRP ahead of several major altcoins. For comparison, only 71.5% of...
Company Background
Established in 2021, by founders Matthew Lim and Mario Ho, NFKings (“Company”), who is backed by top web3 and web2 VC firms such as Binance Labs, Vertex China, Team Holding, Mirana Ventures, Ventech, The Brooker Group and PopMart’s founder, is ready to launch its protocol after 3 years of product development. The Company’s vision is to bring web3 to the masses, a vision that...
Ethereum outpaced the broader crypto market over the past 24 hours, posting the strongest performance among the top 10 digital assets.
According to CryptoSlate data, ETH climbed nearly 4% during the reporting period, briefly touching $2,725, its highest level since February.
In contrast, other major crypto tokens like Bitcoin, XRP, Solana, BNB, Dogecoin, Cardano, and Tron recorded flat or...
Bitcoin’s May rally has been met with selective profit-taking by long-term holders, but the broader trend shows a slowdown in their selling. Between March 1 and May 27, the 7-day SMA of long-term holder spent output profit ratio (SOPR) increased from 2.10 to 2.22, indicating a mild uptick in realized profits. However, the 30-day SMA declined from around 2.51 to 2.17 over the same period, marking...
A US federal court has delivered a sweeping rebuke to President Donald Trump’s signature trade policy, ruling that his administration’s imposition of tariffs under the guise of a national emergency exceeded constitutional authority.
The landmark decision from the US Court of International Trade immediately throws Trump’s tariff regime into legal limbo and global trade negotiations into chaos.
US...
VivoPower International announced on May 28 that it had agreed with investors for a $121 million private capital raise to fund the company’s transition into an XRP-focused treasury platform.
The company focuses on electric batteries, vehicles, and solar power solutions. Its subsidiary, Tembo, produces electric vehicles focused on “ruggedised electric mobility” for the mining and industrial...
Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest.
Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks.
Bitcoin hit a new all-time high of $111,000 before pulling back to $107,...
US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry.
Vance said the President Donald Trump administration has ended what he described as the “weaponization of federal...
The US Securities and Exchange Commission released the agenda for its upcoming roundtable, “DeFi and the American Spirit,” scheduled for June 9 at its Washington, D.C. headquarters.
Organized by the agency’s Crypto Task Force, the half-day event is the fifth in an ongoing series designed to explore regulatory approaches to digital assets. The latest session will focus specifically on the DeFi...
BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28.
People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.
Orders for the offering have reportedly exceeded the number of shares available, with...