Blockchain Development
Blockchain Development

Blockchain Development

A blog that covers everything that's happening in crypto world.


US Sends Millions in Crypto to Exchanges Amid Altseason Boom

6 Dec 2024 1 minute read 0 comments Talha.Khalid

Around $33.6 million worth of cryptocurrency moved out of U.S. government wallets on Nov. 3. These addresses hold some of the funds confiscated following the 2021 collapse of cryptocurrency exchange FTX and trading firm Alameda.  According to data fr...

Bitcoin ETFs Surpass Satoshi Nakamoto in Holdings

6 Dec 2024 1 minute read 0 comments Talha.Khalid

US spot bitcoin (BTC) exchange-traded funds (ETFs) have reached a historic milestone by accumulating a collective 1,104,534 BTC. This puts them as the largest holders of bitcoin, surpassing Satoshi Nakamoto, as reported by ETF specialist Eric Balchun...

Who are the Biggest XRP Investors?

5 Dec 2024 2 minute read 0 comments Talha.Khalid

XRP investors are enjoying the fruits of this bullish cycle, which has taken the cryptocurrency's price to levels not seen in 6 years. The rapid growth of the currency issued by Ripple Labs has allowed it to position itself as the third most valuable...

Bitcoin at $100,000! How Much Did Germany Lose by Selling Early?

5 Dec 2024 2 minute read 0 comments Talha.Khalid

The price of Bitcoin (BTC) has reached $100,000 and some in Germany are crying foul. In mid-2024, the government of that country decided to sell the 50,000 BTC it had seized for alleged criminal activities, passing up the opportunity to obtain higher...

Biden May Consider Selling Bitcoin Reserves Before Trump Presidency

4 Dec 2024 2 minute read 0 comments Talha.Khalid

The moves the United States is making with bitcoin (BTC) holdings held by Joe Biden's government are causing concern among some members of the community.  The main fear is that President Joe Biden will sell the bitcoins before handing over power to D...

Celsius Founder Pleads Guilty to Fraud

4 Dec 2024 1 minute read 0 comments Talha.Khalid

Alex Mashinsky, who was indicted on July 13, 2023, for fraud, conspiracy and market manipulation, admitted to deceiving Celsius Network users during a hearing before U.S. District Judge John Koeltl on Tuesday. Mashinsky, 59, founder of the lending pl...

WisdomTree Seeks Permission to Launch an ETF for Ripple's XRP Cryptocurrency

2 Dec 2024 1 minute read 0 comments Talha.Khalid

WisdomTree has filed for official authorization to launch an ETF based on Ripple’s cryptocurrency, XRP. The company filed an S-1 document with the U.S. Securities and Exchange Commission (SEC), a necessary step to issue and trade its financial produc...

Why Michael Saylor's Influence is Dangerous for Bitcoin

2 Dec 2024 3 minute read 1 comment Talha.Khalid

For years, Bitcoin (BTC) has been the subject of intense scrutiny by critics who accuse the technology of excessive energy consumption and of being an asset lacking intrinsic value. The community already identifies these actors as enemies of the pion...

Trump Threatens BRICS Against De-dollarization

1 Dec 2024 1 minute read 0 comments Talha.Khalid

President-elect Donald Trump, who will take office on January 20, 2025, has issued a warning to the BRICS, saying that during his term, the United States will not sit idly by while other countries try to replace the dollar.  Through his X account, Tr...

What Will Ripple's Stablecoin, RLUSD, Look Like?

30 Nov 2024 4 minute read 0 comments Talha.Khalid

Ripple, the company behind the XRP cryptocurrency, announced that its stablecoin Ripple USD (RLUSD) will be launched “in weeks,” according to statements by its CEO, Brad Garlinghouse. RLUSD stablecoin pegs 1:1 to the US dollar RLUSD would guarantee i...