The recent fluctuations in XRP have sparked questions about the potential for renewed retail interest amidst significant whale activity. While whales have shown substantial buying power, the broader retail market remains hesitant, casting doubt on a swift recovery. According to recent data from COINOTAG, “whale purchases in the current dip suggest a strategic re-entry into … Read more
Robinhood plans to launch crypto trading services in Singapore by late 2025, through its Bitstamp acquisition, marking a strategic expansion into Asia’s digital asset hub. The move aligns with Singapore’s crypto-friendly regulations and Robinhood’s broader global growth strategy. Singapore Primed as Next Crypto Hub for Robinhood Robinhood is preparing to enter the Singapore crypto market … Read more
The U.S. Securities and Exchange Commission (SEC) has recently acknowledged a pivotal spot XRP ETF filing, signaling a notable shift in the regulatory landscape for cryptocurrencies. This acknowledgment comes amidst a surge of spot crypto ETF filings in 2024, fueled by a more crypto-friendly administration that appears poised to embrace digital assets. According to recent … Read more
On February 19th, COINOTAG News reported that the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has initiated legal action against four individuals linked to a substantial **fraudulent investment scheme**. This alleged operation swindled approximately **963 million Norwegian Krone**, or around **$86.5 million**, from unsuspecting investors between 2015 and 2018. … Read more
As anticipation builds for Pi Network’s Open Network launch on February 20, the PI IOU price remains volatile amid significant market indicators. New analytical trends suggest that while buyers hold an edge, overarching bearish pressures are increasing. According to a recent analysis from COINOTAG, “Market conditions remain tense, and traders should brace for potential volatility … Read more
Stablecoin use in emerging markets soars despite the absence of crypto-friendly regulations and basic banking infrastructure. Will the US catch up to this trend?
Nigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to increase government revenue, Bloomberg reported on Feb. 18. According to the report, the regulatory body intends to bring eligible crypto transactions on licensed exchanges under the country’s tax framework. Meanwhile, a bill outlining the … Read more
The ratio of SOL to ETH is reversing course after reaching record highs in January amid memecoin scandals.
Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022. Multiple users on the FTX subreddit have reported receiving funds on accounts at crypto exchange Kraken with the added interest on top. Creditors are scheduled to receive roughly 119% of … Read more
XRP’s price action on Feb. 18, 2025, reflects short-term bearish pressure amid critical support tests. Technical indicators signal cautious optimism for a rebound if key levels hold. XRP The 1-hour chart reveals a clear downtrend, marked by lower highs and lows, with XRP trading between $2.48 and $2.52 over the past hour. Immediate support lies … Read more