- SBI VC Trade now accepts seven coins for staking
- XRP “millionaire wallet” number spikes
SBI VC Trade, a crypto exchange and subsidiary of Japanese financial giant SBI Group, keeps adding new coins to the list of assets on which users can make additional income on this platform.
In today’s announcement, the crypto exchange stated that it has added several new coins, including XRP and the major meme cryptocurrency, Shiba Inu.
SBI VC Trade now accepts seven coins for staking
According to the tweet published earlier today, SBI VC Trade now accepts the following large-cap cryptocurrencies for staking from its users: BTC, BCH, ZPG, XRP, LINK, LTC and SHIB.
It will begin to accept these cryptos today at 8:00 p.m. Japanese time. Users will be able to stake their crypto (lend it to the platform) and receive rental fees for that regularly. As reported by U.Today, SBI VC Trade already began accepting Bitcoin and Bitcoin Cash from users slightly more than a week ago.
Staking is a popular service on the crypto market, which emerged thanks to the launch of decentralized finance (DeFi) apps — first on Ethereum and then on other blockchain platforms as well. This is an additional way for the community to make an income without selling their crypto holdings.
XRP “millionaire wallet” number spikes
According to a recent post by on-chain data aggregator Santiment, despite the fact that the XRP price has dropped by roughly 4% since the start of the year, large investors continue to accumulate this Ripple-affiliated cryptocurrency.
The tweet says that since September, the number of XRP “millionaire wallets” has registered an increase for the first time. Forty-two new wallets have emerged, and each of them holds at least 1,000,000 XRP coins, which have returned to the XRP Ledger. Santiment has called this “an encouraging sign for the long-term.”
As reported by U.Today, Ripple has finally scored a massive victory — the lawsuit that was initiated against it in 2018 by Bradley Sostack has been finally and completely dismissed by the United States Court of Appeals for the Ninth Circuit. The reason for the lawsuit was the same as for the one imposed on Ripple in 2020 by the SEC, claiming that XRP was not a cryptocurrency but an unregistered security. This was Ripple’s second consecutive victory in court after winning the SEC lawsuit last year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Layer 2 Network Stacks Completes SIP-034 Upgrade, Network Processing Capacity Increases Up to 30x
Bitcoin Layer 2 network Stacks implemented SIP-034 upgrade on March 17, enhancing network processing capacity for certain DeFi applications by 30 times. By optimizing transaction processing limits, the upgrade significantly impacts complex DeFi applications and is expected to indirectly increase transactions and fees.
GateNews9m ago
A whale withdrew 217.7 BTC from a certain CEX half an hour ago, accumulating 2634.7 BTC over 14 days.
Gate News reported that on March 17, on-chain data shows that a certain whale/institution withdrew 217.7 BTC from a certain CEX half an hour ago, valued at $16.04 million. This address has been continuously withdrawing BTC from the exchange since March 3, accumulating a total of 2634.7 BTC over 14 days (total value of $186 million), with an average cost of $70,805 per coin, and currently has unrealized gains of $9.05 million.
GateNews38m ago
Today Bitcoin ETF net inflows of 2,955 BTC, Ethereum ETF net inflows of 7,894 ETH
Gate News report: On March 17, according to Lookonchain monitoring, as of press time, Bitcoin ETF net inflows reached 2,955 BTC (valued at $219 million), Ethereum ETF net inflows reached 7,894 ETH (valued at $18.5 million), and SOL ETF net inflows reached 24,020 SOL (valued at $2.27 million).
GateNews39m ago
Today, US Bitcoin ETF net inflow was 2955 BTC, Ethereum ETF net inflow was 7894 ETH
Gate News reported that on March 17, according to Lookonchain monitoring, today's US Bitcoin ETF net inflows were 2955 BTC, Ethereum ETF net inflows were 7894 ETH, and Solana ETF net inflows were 24020 SOL.
GateNews39m ago
Bitcoin’s Rally Hits a Wall Near $76K — Breakout or Breakdown Next?
Over the last hour, bitcoin traded at $73,859 to $74,375 on Tuesday, with a market cap of $1.47 trillion and 24-hour volume of $55.84 trillion, while price action remained confined within a $73,143 to $75,937 range. Across the 1-hour, 4-hour, and daily charts, the price structure reflected
Coinpedia42m ago
Maestro Launches Bitcoin Credit Market Mezzamine, Targeting 8%-9% Annual Yield
Bitcoin infrastructure provider Maestro launches Mezzamine, a credit market denominated in bitcoin, targeting institutional investors with new yield opportunities and expanding miner financing. In collaboration with Sazmining, the project offers an annualized yield rate of 8%-9%, aiming to address risks in traditional mining finance.
GateNews1h ago
