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Author: RedWave Media
Due to the soaring price of Ripple's XRP, the company's market capitalization exceeded $150 billion, making it one of the top 100 corporations in the United States.The value of the digital asset has more than doubled in the last month, reaching $2.82 on December 3, outperforming Bitcoin by a whopping 200%, according to data from CryptoSlate.Although the price of XRP has rebounded slightly to $2.61 at the time of writing, the asset still posted an impressive 409% increase after the US elections in November.Nevertheless, the surge has lifted XRP's market capitalization to about $150 billion, more than five times the…
Amid weeks of price increases for major tokens, a governance vote on Tuesday reduced the minimum fees for opening an account on XRP Ledger (XRPL), the network that uses XRP, by 90%.“In collaboration with other UNL validators, we voted to reduce the #XRPL reserve,” network validator @aesthetes_art admitted in an X post. “It’s now 10 times cheaper to start operating on XRPL.”The account reserve has moved from 10 XRP to 1 XRP, and the trust line or object creation fee has decreased from 2 XRP to 0.2 XRP.Account activation on the XRP Ledger refers to the process by which an…
Important points On Tuesday, NYSE Arca filed an application form for the Spot Solana ETF on behalf of Grayscale Investments. iDEGEN pre-market auction exceeds $2 million/ Spot Solana ETF Grayscale File NYSE Arca, the exchange-traded products platform of the New York Stock Exchange, has submitted an application form for the Spot Solana ETF on behalf of Grayscale Investments. The exchange filed a 19b-4 form against Grayscale Solana Trust on Tuesday. This indicates that companies want the SEC to approve rule changes. Several companies have filed to list Solana ETFs with the SEC, including 21Shares, VanEck, Bitwise Asset Management, and Canary…
Ethena’s synthetic USDe dollar has emerged as the fastest growing USD-pegged stablecoin in the past 30 days after its market capitalization soared 73% to an all-time high of $4.77 billion.surge This makes USDe the third-largest stablecoin, surpassing DAI's market capitalization of $4.7 billion. However, USDe still lags behind Tether’s USDT ($135 billion) and Circle’s USDC. For $40 billion.Guy Young, co-founder and CEO of Ethena Labs, said:“We are starting to see the impact as USDe blackholes all stablecoins within DeFi and warps the lending market to a new base rate. However, at the moment the scale of DeFi has completely closed…
Yin Yang/iStock/Getty Images Plus The Second Amendment Foundation (SAF), along with several other Second Amendment advocacy groups and individuals, last week filed a “certificate” or “request for review” of California's gun show ban. .At issue is the legal perversion that the notoriously liberal and anti-gun 9th Circuit Court of Appeals had to appeal to in order to declare California's ban constitutional. The court faced previous case law that declared the “offering” of firearms at public gun shows to be illegal. Venues such as San Diego's Del Mar Fairgrounds were protected by the First Amendment.So the court took a…
Grayscale is considering converting its existing Solana Trust (GSOL) into an exchange-traded fund, becoming the latest participant in the Solana ETF sweepstakes.The 19b-4 filing filed by NYSE Arca, the exchange that lists the fund, was made Tuesday night. The Securities and Exchange Commission (SEC) requires exchanges to file such filings to notify the SEC of proposed rule changes by exchanges and other self-regulatory organizations (SROs).Grayscale has now become the fifth asset manager to apply to launch a Solana ETF, following Bitwise, VanEck, 21Shares and newly formed Canary Capital, which announced plans earlier this year.Grayscale has already successfully converted its flagship…
Critics say Biden's excuse for pardoning Hunter is hypocritical. Cuomo: “Biden should pardon Trump''
AP image Joe Biden and Hunter Biden President Joe Biden's reasons for pardoning his son for a full decade of crimes and possible crimes have infuriated two critics who say they have vastly different political views.Biden said he pardoned Hunter because the case against him was a politically motivated, unfair, and downright despicable “witch hunt.” And it was a hunt that began precisely because Joe Biden was president.Conservative Megyn Kelly and honest leftist Stephen A. Smith say that argument is like a dog not hunting.Kelly taunted Biden by telling the audience about her sister's addiction, which left a lasting…
AK2/License/Getty Images Plus With the election of Donald Trump, many Americans are hopeful that the so-called awakening will move like the dodo. But as recent warnings have shown, such a cultural shift requires, well, a cultural shift (as well as politics). And perhaps what is helpful in this regard is to consider what happens when civilizations continue to fall down the rabbit hole of relativism. We have many such examples too—they are called foreign.First, Canada might benefit from becoming the 51st state, as President Trump recently joked. This is especially true since the country's Velvet Mafia can make…
The left pretends to be outraged over Hunter Biden's pardon, which ensures that the corrupt Biden family can avoid responsibility for all of its corrupt foreign dealings, as well as the deep state's foreign conspiracies. This ensures that much of the information remains hidden from the American public. This episode also states: Trump's pick for head of the Drug Enforcement Agency was a coronavirus tyrant The House of Representatives released a 500-page coronavirus report — and the devil is in the details If American hostages aren't released, there's 'hell on earth' “Retribution,”…
Trifonov_Evgeniy/iStock/Getty Images Plus Another weather forecast by so-called climate expert Michael E. Mann was spectacularly wrong. In April, climate scientists predicted an incredible 33 named storms to form in the Atlantic hurricane season. That number is “the highest ever predicted.” The 2024 season ended on Dec. 1, with just 18 named storms, a far cry from Mann's prediction of 33.In the world of climate mania, there are few climate experts who come across as annoying and full of their own virtues as University of Pennsylvania climatologist and geophysicist Michael Mann. Mann's infamous “hockey stick graph” was featured prominently…
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