Aptos Labs, NBCUniversal partner for Web3 fan experiences, gaming

More fun is in store for filmgoers like Free Renfield The Game and the Excorcist 3: Believer premiums.

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Kaiko: Bybit Experiences Liquidity Recovery Within 30 Days Following Hack

Bybit, a popular cryptocurrency exchange, has successfully recovered its liquidity just 30 days after experiencing a hack. This swift recovery demonstrates the exchange’s resilience and commitment to safeguarding its users’ assets. The hack initially caused a temporary disruption in trading activities on the platform as Bybit took immediate action to secure its systems and investigate [...]

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Web3 Developer Community Experiences 40% Decrease in Active Members in Just One Year

According to recent data, there has been a significant decline in web3 developer activity, with a nearly 40% drop in just one year. This decline highlights a concerning trend in the development of decentralized applications and blockchain technology. Decreases in developer activity could have various implications for the future of web3. It may indicate a [...]

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S&P 500 Experiences Bitcoin-Like Volatility During Trump Tariff Tensions: A Closer Look

The S&P 500 experienced a brief moment of volatility closely tied to the level of Bitcoin, as investors navigated through the ongoing Trump tariff war. This correlation between traditional markets like the S&P 500 and the cryptocurrency market highlights the interconnected nature of all financial sectors in today’s global economy. The fluctuations in the S&P [...]

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Trump-Connected WLFI Triples Ethereum Holdings While Solana Experiences $485 Million in Outflows: Dive into Finance News

President Trump has significantly increased his investment in the cryptocurrency Ether, demonstrating his confidence in the digital asset market. According to reports from WLFI, Trump tripled his holdings of Ether, signaling a bullish outlook on its future potential. In a surprising move, Trump also made a substantial investment in Solana, with $485 million flowing out [...]

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Solana Experiences 45% Decrease Following Trump Token Launch as Memecoins Attract Liquidity

Solana experienced a significant 45% drop in its value following the launch of the “Trump Token” meme coin, disappointing many investors. This sudden decline in the Solana ecosystem comes amidst the rising popularity of meme coins and their volatile nature in the crypto market. The launch of meme coins like “Trump Token” often generates hype [...]

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Bitcoin Experiences 30% Pullback Due to Rising Selling Pressure on Bitfinex

Bitcoin has experienced a 30% retracement due to selling pressure on the Bitfinex platform. This recent downturn in the price of Bitcoin has caused concern among investors and traders alike. The drop in price has been significant, leading to speculation about the future direction of the cryptocurrency market. Despite this setback, many experts remain bullish [...]

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XRP experiences growth in value and trading volume, is now the right time to buy it?

XRP is at the number 6 spot in terms of market capitalization, making it one of the largest cryptocurrencies out there. 

XRP (XRP/USD) has experienced an increase in trading volume by 40% in the last 24 hours and an increase in its value by 56% throughout the past week.

This cryptocurrency is native to the XRP Ledger, which was launched in 2012 to provide a more energy-efficient alternative to Bitcoin (BTC/USD).

In the latest XRP news, we covered how XRP reached a 2-month high in supply held.

Throughout the past week, XRP has experienced growth in terms of both trading volume as well as value. 

XRP was created as a payment system to essentially replace the pre-existing, traditional banking system.

RippleNet is a platform that was developed to enable banks, and financial institutions access to a real-time gross settlement system that led to secure as well as instant financial transactions globally. 

Ripple is a San Francisco startup company that develops software that can be used by banks to facilitate quick and global financial transactions. 

Ripple is, however, a completely independent and separate company from XRP, as XRP is a digital asset built for payments and exists independently from Ripple.

However, Ripple news can still affect the value of XRP, and the U.S. Securities and Exchange Commission (SEC) and Ripple Labs lawsuit case news has affected it.

Ripple CEO Brad Garlinghouse said that the cost of his firm’s lawsuit with the SEC would be above the nine-figure mark, well over $100 million, and in an interview with Ryan Selkis, CEO of crypto analytics firm Messari, he said that Ripple Labs is representing the whole industry by taking on the SEC.

On September 26, 2022, XRP (XRP) had a value of $0.47322.

XRP/USD Chart By TradingView.

The all-time high of XRP (XRP) was at a value of $3.40, which it reached on January 7, 2018. Here we can see that at its all-time high, the cryptocurrency was trading at $2.92678 higher in value or 618% higher. 

XRP (XRP)’s the lowest point was at a value of $0.348186, while its highest point was at a value of $0.543612. Here we can see an increase in value of $0.195426 or by 56%.

When we go over the 24-hour performance, the low point was at a value of $0.466558, while the high point was at $0.517836.

Here we can see an increase in value of 11%, or by $0.051278.

With this performance in mind, XRP (XRP) can reach a value of $0.6 by the end of September 2022, which means that investors might want to buy XRP while the price is still relatively on the low-end of the price spectrum.

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Hong Kong Investment Firm Experiences 93% Surge in Shares Following Purchase of 1 Bitcoin

Hong Kong Company Purchases Single Bitcoin, Sees Investment Double A Hong Kong-based company recently made headlines after purchasing a single bitcoin and watching its investment double in value. This move showcases the potential for significant returns in the cryptocurrency market. The company’s decision to buy into bitcoin highlights the growing mainstream acceptance of digital assets [...]

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