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Ripple Applies for Custody and Wallet Trademark, Expanding Crypto Custody Business

9 hours ago

On March 18th, Ripple Labs submitted a trademark application for "Ripple Custody." As per the application documents, this trademark encompasses financial services such as the storage and management of cryptographic assets to fulfill financial management requirements. This trademark application comes shortly after Ripple launched custody services in October 2024, indicating that the company is aiming to expand its revenue sources beyond payment settlement. Furthermore, the trademark application also mentions "downloadable cryptocurrency, fiat currency, virtual currency, and digital currency custody, transfer, and storage software," which may imply that Ripple is contemplating launching an official cryptocurrency wallet. Currently, the company has not offered official wallet services. However, if launched, this product may support XRP and other digital assets, creating a new revenue stream through transaction fees. A spokesperson for Ripple declined to comment on the trademark application.
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BLUR has undergone over a year of unlocking, and its circulating supply has increased from 400 million to 2.25 billion coins, with the price dropping 90% during the same period.

On March 18th, as monitored by on-chain analyst Yu Jin, when BLUR went live at the beginning of 2023, the price was approximately $1, and the circulating market capitalization was $410 million. Now, the BLUR price has dropped to $0.1, representing a 90% decrease. However, the circulating market capitalization has only decreased by 40% (from $410 million to $235 million). Due to more than a year of monthly unlocks, the circulation supply of BLUR has expanded from the initial 400 million to the current 2.25 billion, an increase of 4.6 times.

29 minutes ago

CryptoQuant CEO: Bitcoin Bull Market Has Ended, Expecting Either a Range-Bound or Bearish Trend in the Next 6 to 12 Months

On March 18, Ki Young Ju, the CEO of CryptoQuant, stated in a post that "the Bitcoin bull market cycle has come to an end and it is anticipated to enter a bearish or sideways market within the next 6 to 12 months."

29 minutes ago

Binance to Delist DODO/BTC, IDEX/USDC Leveraged Tokens

On March 18th, according to an official announcement, Binance will remove the following leverage trading pairs on March 25, 2025, at 14:00 (UTC+8): - Cross Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC, SAGA/BTC - Cross Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC, SAGA/BTC

29 minutes ago

ORO has completed a $1.5 million Pre-Seed funding round, with 468 Capital leading the investment.

On March 18th, the Solana-based golden asset project ORO declared the accomplishment of a $1.5 million Pre-Seed round of financing. This financing was led by 468 Capital, with the participation of Fasset, Dead King Ventures, and several angel investors. According to the announcement, ORO intends to expand income-generating real-world assets on Solana by means of gold tokenization.

29 minutes ago

Data: 21.69 million BLUR were transferred out from the Blur contract 4 hours ago

March 18th. As per on-chain analyst Yu Jin, the monthly unlocked Blur was unlocked 4 hours ago, with 21.69 million BLUR ($2.32 million) being released. It is anticipated to be transferred to Coinbase Prime just as before. Since commencing the unlocking cycle on June 15, 2023, Blur has unlocked 35% of the total BLUR supply (1.044 billion tokens) and has been transferred to Coinbase Prime for circulation in the market. Based on the price at the time of transfer, this totaled $337 million. The average transfer price was $0.32 per token.

29 minutes ago

A certain smart money allegedly liquidated 1,475,000 CAKE tokens 15 hours ago, worth $3.79 million.

On March 18th, as per @ai_9684xtpa's monitoring, a particular smart money wallet is said to have liquidated 1,475,000 CAKE tokens 15 hours ago, with a value of $3.79 million. This represents the first instance of this smart money wallet depositing CAKE into a trading platform. Furthermore, they have previously made a profit of $19.69 million by buying at a low price and selling at a high price on WBTC, with a cost base as low as $26,395.

29 minutes ago

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