Overview of Polkadot Ecosytem

As news broke about #Ripple expecting to be sued by the SEC, social volume for $XRP understandably exploded for #crypto's #3 market cap asset.

There has also been an increase in tokens being moved to exchanges, as prices have dropped -17% the past day. — link

FTX lists Coinbase pre-IPO futures contracts — link

Either at some point today or tomorrow, the total stablecoin on-chain volume will surpass $1 trillion for the year. Absolutely insane growth this year. About 73% of that volume is coming from Tether, 15% from USDC, 7% from Dai. — link

SEC charges Ripple and two executives with conducting $1.3 billion unregistered securities offering — link

A quarterly look at the $1.3 billion of garbage Ripple dumped on the market over the past 3 years.

In 2020, China hit a record high for new blockchain companies. Over 26,000 Chinese blockchain firms have already been started this year — more than in all of 2019.

To give you a sense of who stands to lose business if XRP is delisted from major exchanges, XRP is:

+ 18% of Bitstamp volumes
+ 8% of Coinbase volumes
+ 5.5% of Kraken volumes
+ Only 4% of Binance volumes

That's just the major Western venues, of course.

*YTD — link

Annotated Guide to Reading the SEC v. Ripple Complaint — link

Today, #Chainlink's percent of supply sitting on exchanges is down to 7.1%, the lowest supply amount on exchanges since its ICO in September, 2017. As this bullish bode of confidence from investors continues, we've taken note that yesterday was the single largest daily move off exchanges (0.14%) of $LINK's supply since November 9th. — link

Swiss crypto bank SEBA raises $22.5 million in Series B funding — link

We've reached a critical inflection point in bitcoin's adoption curve.

A moment wholly unique in the history of markets.

Great thread. Worth to read 👉 — link

The full tally of XRP sold by Ripple Labs to the public and institutions $1.388b

The SEC document claims $600m wound up in the private hands of Larson and Garlinghouse, the two CEOs that ran Ripple Labs through the course of the 8 years. — link

Hong Kong crypto exchange OSL suspends XRP trading until further notice — link

Grayscale bought 12,000 BTC on 22nd.

JUST IN: Stablecoins should meet the same regulatory standards as other financial instruments, Trump's Working Group on Financial Markets said Wednesday. — link