Cryptocurrency Latest News & Updates
XRP price rebounds to $1.31 as ETF outflows end 13-week streak
XRP has recovered to $1.31 with a nearly 2% daily gain, even as US spot XRP exchange-traded funds recorded their first weekly withdrawals in 14 weeks and exchange reserves reached elevated levels. Summary XRP climbed nearly 2% to $1.31, although its weekly losses remained above seven percent overall. US spot XRP ETFs recorded $1.84 million in withdrawals, ending thirteen consecutive weeks of net inflows. CryptoQuant reported 11.81 billion XRP on ...
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OKXICE faces objections from 9 companies over stock tokens
Nine companies have formally objected to plans by OKXICE to offer tokenized versions of their shares, preventing the proposed trading platform from listing those securities under a new U.S. regulatory exemption. Summary Nine companies have objected to tokenized trading of their shares on OKXICE’s proposed U.S. platform. Broadcom, CoreWeave, Verizon and UnitedHealth appear among the companies named in the October 15 notice. SEC rules give compan...
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Vitalik Buterin contrasts Bitcoin’s power costs with AI’s 76% capital share
Ethereum co-founder Vitalik Buterin has compared Bitcoin mining with AI inference, sharing cost estimates that put electricity at 45.9% of mining expenses and computing capital expenditure at approximately 76% of inference costs. Summary Electricity represents 45.9% of Bitcoin mining costs in the comparison Buterin shared. Computing capital expenditure accounts for approximately 76% of the AI inference estimate. Both tables include cooling, power...
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