Ripple, the company behind the XRP cryptocurrency, is set to unlock 1 billion XRP tokens from its escrow system on November 1. This is part of a monthly routine that will last until April 2027, when all 55 billion XRP tokens held by Ripple will be released. The 1 billion XRP tokens, worth about $550 […]
TL;DR XRP’s Performance: Ripple’s XRP recently surpassed the $0.60 mark, the highest level in 11 weeks. This surge is attributed mainly to the favorable progress in the Ripple-US SEC lawsuit and the rediscovery of advice from legal scholar Joseph Grundfest cautioning the SEC against suing Ripple. Market Context: XRP’s rise stands out as most major […]
The CEO of asset management giant VanEck says that conditions are becoming ultra favorable for crypto as 2024 comes into view. In a new interview on the Empire podcast, Jan van Eck says that Bitcoin has most likely established itself as the main alternative to gold, and is giving bulls the opportunity for a “close […]
U.S. Securities and Exchange Commission Chair Gary Gensler today wished Bitcoin a happy birthday by using Halloween to poke fun at the cryptocurrency’s creator. In a Tuesday Twitter post, the top regulator also told crypto companies to comply with securities laws. Fifteen years ago, the pseudonymous Satoshi Nakamoto published the Bitcoin white paper, Bitcoin: A […]
USDC stablecoin issuer Circle will discontinue support for legacy consumer accounts, the company said on Tuesday. The USD Coin token is a U.S. dollar-pegged stablecoin, meaning that Circle maintains $1 in reserves—in cash or cash equivalents—to back each of the $25 billion worth of tokens in circulation. USDC is the second-most popular dollar-backed stablecoin behind […]
Stanley Druckenmiller originally disclosed his Bitcoin buy back in 2020
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The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval.
It’s that time of year when the leaves are changing, the chill of winter is in the air, and many of us in the Western world are once again gearing up for the holiday season. Thanksgiving and Christmas are important holidays for many and one of the best times to gather with family. Still, I […]
Recently, the cryptocurrency community has witnessed a heated dispute between the protocol Floki Inu (FLOKI) and the crypto exchange Bitget. The controversy arose following Bitget’s listing of TokenFi (TOKEN) and subsequent accusations of market manipulation, unauthorized listing, and insufficient solvency. Bitget Faces Allegations Of Market Manipulation On October 27, 2023, Bitget announced the listing of […]
Coinbase, a renowned digital asset company, recently made headlines with the launch of its Layer-2 network. This revolutionary development has the potential to transform the user experience and the efficiency of platform transactions. Understanding the Fundamentals Layer-2 solutions are protocols that are implemented on top of current blockchain networks in order to improve scalability and […]
— The vote at Monday night's Washington County commission meeting marked the beginning of the end for people living near the cryptocurrency mine on …
The Bank for International Settlements says coordinated international efforts are necessary for stablecoin regulation. According to a new BIS release from the organization’s Committee on Payments and Market Infrastructures (CPMI), stablecoin technology offers both new financial opportunities and challenges, but its drawbacks may outweigh the benefits. Says the report, “The use of stablecoins in cross-border payments […]
Ripple’s top lawyer is urging U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce to speak out sooner and louder against the regulator’s hostile approach toward the crypto industry. Last week, Peirce released a statement of dissent regarding the SEC’s lawsuit against the blockchain-based file-sharing payment network LBRY, which the regulator filed in 2021 under […]
In a legal case that has been in the spotlight, Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, has testified that the use of customers’ fiat currency deposits was part of a “Risk management”. The testimony was presented in the Southern District of New York, where FTX faces allegations related to its financial collapse […]
Pepe coin has seen a notable resurgence after climbing almost 50% this month. However, its price has dipped 2% today. Could this be a signal that momentum is shifting bearish, or is Pepe destined for new highs? Another project showing significant bullish momentum is Meme Kombat, a utility-driven meme coin undergoing a presale. Numerous analysts […]
As XRP enjoys 11.3% October boost, all eyes turn to November, where historical data suggests potential for significant 77% rise
We’re thrilled to announce that Celestia (TIA) is now available on Kraken! Funding and trading TIA funding and trading are live. Add TIA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit TIA on Celestia. Deposits using other networks will be lost. Got TIA and a Kraken account? […]
31-year-old Oyster Protocol founder Amir Bruno Elmaani — aka “Bruno Block” — has been sentenced to four years imprisonment for tax evasion.
Veteran crypto trader Tone Vays says that Bitcoin (BTC) is forming a bullish pattern that could set it up for a significant breakout. In a new strategy session, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could soon soar by about 10% from current prices. Vays says Bitcoin is printing a bullish price […]
Today, SEC Chair Gary Gensler took to X (Twitter) to commemorate the 15th anniversary of the Bitcoin white paper. Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, celebrated the publication of the original Bitcoin white paper by the pseudonymous creator Satoshi Nakamoto, along with a message that read, “If Satoshi Nakamoto went […]
SOL, the primary currency of Solana, is one of the top-performing coins in the top 10, according to CoinMarketCap, a crypto tracker. According to data on October 31, SOL is changing hands above $36, trending at 2023 highs, reversing all post-FTX collapse, which saw the coin tumble to as low as $8 in Q4 2023 before recovering […]
The regulatory body responsible for overseeing financial markets and financial services firms in the United Kingdom is issuing a warning against the crypto exchange Bitfinex. In a new press release from the Financial Conduct Authority (FCA), the regulator tells UK customers not do business with Bitfinex. “This firm [Bitfinex] may be promoting financial services or […]
A closely followed crypto strategist is warning that Dogecoin (DOGE) may be on the verge of a deep pullback after failing to take out a key resistance level. Pseudonymous analyst Rekt Capital tells his 363,900 followers on the social media platform X that Dogecoin respected its multi-month diagonal resistance last week. According to the trader, […]
Sam Bankman-Fried (SBF), the Founder of FTX, is racing against time to convince a Manhattan jury of his innocence in a high-stakes fraud trial. Facing seven criminal counts, including wire fraud, securities fraud, and money laundering, SBF could potentially spend the rest of his life behind bars if the jury finds him guilty. According to […]
Understanding Cryptocurrency Mining: Babb provides an in-depth explanation of cryptocurrency mining and its environmental footprint, dispelling myths …
Technical Analysis By Shayan Bitcoin’s recent market shifting indicates a strong presence of buyers, signaling a potential bullish trend. However, given the rapid surge in price within a short period and the approach to a significant resistance area, a temporary correction phase in the market seems likely. The Daily Chart Upon examining the daily chart, […]
Top trader Henrik Zeberg identifies bullish signals for Bitcoin’s future, but note of caution accompanies optimism
In 2008, an 8-page white paper outlined a new form of money. Today, we celebrate the 15th anniversary of Bitcoin. On October 31, 2008, an anonymous entity named Satoshi Nakamoto published a white paper for a decentralized, “peer-to-peer electronic cash system.” The Bitcoin white paper was a direct response to the systemic weaknesses laid bare […]
The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater to the potential skyrocketing demand for Bitcoin in 2024.
Stablecoin issuer Tether has attracted attention with its recent Q3 2023 attestation report, which highlights a significant achievement in its financial management. The report, independently audited by the prestigious firm BDO, reaffirms the accuracy of Tether’s Consolidated Reserve Report (CRR) and provides information on the assets the company had as of September 30, 2023. The […]
Ethereum, often hailed as the pioneer of smart contracts, has cemented its position as the frontrunner in the world of decentralized finance (DeFi) and blockchain technology. Recent data reveals that Ethereum was the primary catalyst behind the surge in crypto Total Value Locked (TVL), amassing an impressive 75% of all deposited funds during the past […]