By Jordan Lyanchev Most of July and August were highly dull trading periods for the entire cryptocurrency market, with little to no movement, a lack of actual interest, and missing volume. It all changed yesterday afternoon when the market was revived with major price rallies across all assets. Ripple’s XRP also exploded alongside its peers, […]
Category: News
By Chayanika Deka XRP’s struggle near $1 continues even as its peers display modest gains this week. The crypto asset is down by almost 10% over the past month. Despite the weakness, much more XRP is being withdrawn than deposited across major platforms. Reserves Slide According to the latest analysis shared by CryptoQuant, XRP reserves […]
By admin The Financial Accounting Standards Board has put forward a proposed, though not yet finalized, accounting update that would permit certain fiat-backed stablecoins to be classified as cash equivalents on corporate balance sheets under US GAAP. The proposal introduces a three-part test focused on redemption rights and the quality of underlying reserves. If adopted, […]