Ripple’s XRP has long been regarded as one of the top cryptocurrencies in the market. With a devoted community and millions of holders, XRP has consistently maintained a spot in the top 10 largest cryptocurrencies by market cap. However, in December 2020, Ripple faced a major setback when the United States Securities and Exchange Commission
admin
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has garnered significant attention and debates within the cryptocurrency community. As a US attorney representing thousands of Ripple investors in this lawsuit, I strongly believe that the SEC’s chances of prevailing are slim to none. In fact, their desperate and prolonged
The Bitcoin price has experienced a significant decline from its all-time high, raising questions about its potential future prices. In an attempt to forecast these prices, an analyst has developed a model based on historical data. This article analyzes the model’s findings and discusses its limitations in predicting the future of Bitcoin. Bitcoin’s Historical Price
In a recent filing by the Securities and Exchange Commission (SEC), it has been alleged that the co-founders of the Terra blockchain project had planned to create fraudulent transactions during the development of the project. This revelation has raised significant concerns about the integrity and trustworthiness of the blockchain industry. The SEC claims that Terraform
Gemini, the renowned cryptocurrency exchange founded by the Winklevoss twins, Tyler and Cameron, recently found itself at the center of a controversy. A New York Post report alleged that the twins had secretly withdrawn over $280 million from the bankrupt crypto lender, Genesis. However, Gemini swiftly responded, refuting the claims and presenting its side of
Shibarium Discord admin, using the X (Twitter) handle DaVinci, has urged individuals to exercise caution and conduct thorough research before accepting all rumors regarding partnerships involving Shiba Inu. Relying solely on verified sources is crucial for making informed decisions and avoiding potential scams and fraudulent collaborations. DaVinci emphasized that there are numerous bad actors who
The Bitcoin market has been defying the gloomy macroeconomic conditions and experiencing a notable 3% gain in its price, reclaiming the $27,000 mark. However, amidst this positive trend, it is Bitcoin Minetrix ($BTCMTX) that stands out as the potential biggest winner, having raised $200,000. While Bitcoin has been struggling to make progress recently, Bitcoin Minetrix
Serial entrepreneur Gary Vaynerchuk, together with VeeFriends, has recently revealed that the highly-anticipated third-annual VeeCon will be held in the vibrant city of Los Angeles. Taking place from Friday, August 9, to Sunday, August 11, 2024, this conference is set to become a gathering point for industry leaders and forward-thinking individuals. Vaynerchuk himself expressed his
Despite uncertainties surrounding the XRP token, there are certain macro and micro factors that could potentially influence its price trajectory. On August 17, Judge Analisa Torres granted approval to the US Securities and Exchange Commission (SEC) to file a motion seeking an interlocutory appeal against her ruling. This decision by the court has sparked anticipation
Investment manager VanEck has recently unveiled its plans to launch an Ethereum futures exchange-traded fund (ETF), which is generating significant buzz among analysts and investors. The marketing campaign for the ETF has already begun, suggesting that the launch may happen sooner than expected. This article provides an overview of VanEck’s upcoming Ethereum futures ETF and
In a recent case that has sent shockwaves through China’s IT and Web3 communities, an unnamed individual was fined a staggering 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of their remote work routine. The individual, who worked as a consultant between 2019 and 2022, used
In a significant milestone for leading cryptocurrency exchange Coinbase, the company has announced that its international platform has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures to non-U.S. retail customers. This latest development opens up new opportunities for Coinbase to tap into the global cryptocurrency market, as it positions itself
The world of cryptocurrency is no stranger to challenges, and Binance, one of the leading cryptocurrency exchanges, is facing yet another hurdle. Binance recently announced that its banking partner, Paysafe, has decided to cease processing Euro deposits, causing disruptions in various Binance services. This unexpected withdrawal of service has left Binance users in need of
In the world of cryptocurrencies, XRP has become one of the top contenders, currently holding the fifth spot in terms of market capitalization, with nearly 5 million coin holders. As a result, the speculations surrounding its price predictions have become a captivating topic for many. While some analysts have presented relatively realistic forecasts, others have
The recent court filings by Do Kwon, the disgraced founder of Terra (LUNA), have sparked a comeback for the project. Kwon’s legal team has opposed any attempts to extradite him to the United States for testimony, raising the stakes in the ongoing legal battle. This development has reinvigorated Luna price action, with the token experiencing
Kumamoto Prefecture, known for its production of Kuma Shochu, has been selected for a groundbreaking Digital Transformation (DX) demonstration project. This traditional distilled spirit, although prized for its rich history and exceptional quality, faces the challenge of limited brand recognition and an expanding consumer base. In response, Kumamoto Prefecture has embarked on a multifaceted approach,
Analysts from Bloomberg predict that Ethereum futures exchange-traded funds (ETFs) could receive approval from the U.S. Securities and Exchange Commission (SEC) as early as next week. James Seyffart, an analyst at Bloomberg Intelligence, suggests that it is “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” This
The cryptocurrency exchange scene in Hong Kong has been buzzing with excitement as Hashkey recently announced its support for trading the Avalanche (AVAX) token on its platform. This marks a significant development for Hong Kong’s financial landscape, but there are certain requirements that investors must meet before they can interact with this cryptocurrency on the
The multichain project Moonbeam (GLMR) has experienced a significant surge of 17%, attracting attention in the crypto markets. This impressive growth can be attributed to the upcoming Moonbeam Ignite program, which is expected to propel activity on the Polkadot network to new heights. As the most active parachain in the Polkadot ecosystem with over 60k
Stuart Alderoty, the chief legal officer of Ripple (XRP), recently expressed concerns about Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC). According to Alderoty, Gensler is expected to make statements that could potentially mislead the public during his appearance before the Senate Committee on Financial Services. In a post on his
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been a topic of great interest in the crypto community. The conflict began in December 2020 and has since gone through various stages, with both parties trading accusations. Ripple, accused of selling XRP as an unregistered security and breaching securities
Binance, one of the world’s largest cryptocurrency exchanges, has sold its entire Russia business to CommEX, a recently launched crypto platform. The financial details of the deal were not disclosed. In a statement released on September 27th, Binance revealed its decision to redirect new user registrations from Russia to CommEX and gradually sunset all its
The historic Merge upgrade in September 2022 marked a significant transition for Ethereum, shifting its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). While this upgrade brought about several improvements, it also led to a decline in compliance with the standards set by the Office of Foreign Assets Control (OFAC). This article explores the repercussions
Bitcoin (BTC) enthusiasts constantly push the boundaries of what can be achieved with cryptocurrency. Thomas Kralow, a crypto trader and educator, recently embarked on an audacious venture to travel from one side of the United States to the other, relying solely on his crypto trading skills to fund the journey. With an initial budget of
The U.S. Securities and Exchange Commission (SEC) recently announced that it would be extending its decision on a major spot Bitcoin exchange-traded fund (ETF), causing further delays and uncertainty in the market. This setback specifically affects the ARK 21Shares Bitcoin ETF, which is eagerly awaited by industry players. The delay in the SEC’s decision has
Bankrupt cryptocurrency lending platform, BlockFi, has received a glimmer of hope as the United States Bankruptcy Court in New Jersey has approved its liquidation plan. This development is a significant milestone in the ongoing process and brings the customers one step closer to receiving their repayments. In a court hearing on September 26th, Bankruptcy Judge
The interest of asset managers in Bitcoin goes beyond just exchange-traded funds (ETFs). According to a recent report by Bloomberg analyst Jamie Coutts, asset managers like BlackRock, Vanguard, and State Street have been actively involved in the Bitcoin mining industry for over three years. This involvement, contrary to expectations, does not seem to damage their