Author: Ethan Carter

Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI.Founded in 2014, Gemini operates a regulated crypto exchange, custody service, and a range of blockchain-based products, including the US dollar-backed Gemini Dollar (GUSD) stablecoin and a crypto-rewards credit card, the platform said in the filing submitted on Friday.According to its filing, the IPO will mark the first time its shares are publicly traded, with pricing expected between an undisclosed range.…

XRP has shown significant volatility in recent days, reflecting uncertain investor sentiment. Despite major price fluctuations, XRP is holding steady around $3.00, mainly due to the mixed actions of investors. Whales’ decisions to sell a large amount of XRP are influencing the price movement. XRP Whales Spell Trouble The selling pressure from whales is evident, as large holders are reducing their positions. Over the past week, addresses holding between 10 million and 100 million XRP have sold approximately 400 million XRP, worth over $1.2 billion. This move has contributed to the uncertain price movements, pushing the market into a period…

The man behind Sheep Marketplace, a defunct darknet hub, now faces fresh charges after allegedly funneling $45 million in Bitcoin to Czech officials in the justice ministry. Prosecutors confirm the probe covers money laundering and illegal drug operations, signaling a complex criminal web. Summary Czech police arrest Tomáš Jiřikovský, former darknet operator, over a $45M Bitcoin donation linked to the Ministry of Justice. Authorities investigate money laundering and illegal drug operations connected to the donation. Former Justice Minister Pavel Blažek resigned in June amid the scandal. According to a local report from Deník N, Czech police stormed the Břeclav residence…

Key takeawaysAirlines and travel agencies, including Emirates, Air Arabia, Travala and Alternative Airlines, now support cryptocurrency payments for bookings, targeting tech-savvy travelers and digital nomads.Travelers can pay with Bitcoin, Ether, stablecoins and other digital assets via checkout or gift cards, depending on the platform.The UAE’s initiatives, such as Dubai’s Virtual Assets Regulatory Authority (VARA), could help expand crypto-powered services like flight tickets and loyalty programs.Travelers should monitor exchange rates, choose regulated platforms and maintain transaction records for a smooth booking experience.The United Arab Emirates has emerged as a torchbearer in cryptocurrency adoption, with travel being the latest sector to embrace…

Bitcoin’s price faced some volatility ahead of the highly anticipated meeting between Trump and Putin, but has failed to show any big fluctuations after its conclusion. The altcoins, though, have tumbled over the past 24 hours, led by Ethereum’s substantial decline to well under $4,500. BTC at $117K The primary cryptocurrency had an eventful week. It all started with a price pump on Monday that drove it from $119,000 to a multi-week peak at over $122,000. The bears reemerged at this point and didn’t allow a breakthrough toward the $123,200 all-time high. However, such a leg up transpired later on…

Key takeaways:Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase.Strategic reserves and ETF holdings have jumped by 140% since May 1.ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if the price tags the level.The staking ecosystem of Ethereum has reached new highs, with 877,106 Ether (ETH) worth $3.88 billion currently queued for a withdrawal, with a 15-day wait time on Friday. Data from ValidatorQueue notes that the current number of active validators is above 1.08 million, with 29.5% of the total ETH supply staked, i.e., around 35.3 million ETH. Number of…

Cardano crosses $1 with whale support; analysts eye $1.50 and $3 targets. Remittix presale surges, building a crypto-fiat bridge in beta testing. RTX token priced at $0.0944 with 100x potential and 40% supply set for market. ADA has managed to pull off a fine bullish trend, one that saw the Cardano price cross the $1 mark, however briefly. Analyst predictions and recent market activity on the ADA network have helped drive the token forward and the Cardano price may be set for even more spikes. But there’s a rival DeFi project looking to outpace Cardano this year. The new token…

Ether holds a slight edge over Bitcoin in the short-term as social media chatter around the cryptocurrency is less overheated, says sentiment platform Santiment.“The $ETH crowd hasn’t shown nearly as much bullishness despite significantly better performance over the past 3 months,” Santiment said in an X post on Friday amid the ETH/BTC ratio, which measures Ether’s (ETH) relative strength against Bitcoin (BTC) being up 32.90% over the past 30 days, according to TradingView.Ether fell short of reclaiming 2021 all-time highs“The current outlook shows a slightly more bullish path for Ethereum due to the lack of interest in dip buying compared…

The Justice Department is unleashing over $450 million in seized crypto, real estate, and luxury assets to repay thousands of defrauded victims in a $577 million scheme. DOJ Plans Restitution for Thousands After $577M Cryptocurrency Fraud The U.S. Department of Justice (DOJ) announced on Aug. 12 that two Estonian nationals have been sentenced for operating […]

New DEX On XRPL Is Ready To Launch. DeXRP Raised Over $5 Million – Chainwire HomeNewsroomNew DEX On XRPL Is Ready To Launch. DeXRP Raised Over $5 Million We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user,…