Crypto

Ripple’s ongoing legal dispute with the United States Securities and Exchange Commission (SEC) has become a significant lawsuit that holds immense implications for the cryptocurrency industry. The outcome of this case has the potential to shape the country’s stance towards cryptocurrencies and establish a crucial precedent. While the final verdict is still distant, it is

Bitcoin, the flagship cryptocurrency, has experienced a significant decline in trading volume this year. This reduced trading activity has been accompanied by low volatility and narrow price ranges, resulting in limited trading opportunities for investors. Despite briefly rising above $27.5k earlier this week, Bitcoin has since fallen back near $26k. One of the main factors

Bitcoin (BTC) has historically displayed a lack of movement and excitement during the weekends. This trend continues as we observe little-to-no actual price fluctuations. While the altcoin market also remains relatively stable on a daily scale, there have been a few standout performers, such as Chainlink (LINK), which has experienced significant growth over the past

Ethereum, one of the largest blockchain networks, underwent a monumental upgrade known as the Shanghai upgrade about a year ago. This upgrade aimed to enhance network activity and strengthen the DeFi ecosystem. However, a recent report from JPMorgan suggests that the upgrade has not met expectations, as Ethereum has experienced a decrease in network activity

The Australian Securities and Investments Commission (ASIC) has recently filed civil proceedings against Bit Trade Pty Ltd, accusing the company of failing to adhere to design and distribution obligations (DDO) associated with its margin trading product. The alleged violations have resulted in substantial financial losses for customers, prompting ASIC to take legal action. Established to

The cryptocurrency market continues to capture the attention and imagination of investors and analysts worldwide. Ripple’s native token, XRP, has been a subject of discussion among experts, with various price predictions emerging. This article explores the outlook for XRP and delves into the analysis provided by different analysts. One prominent cryptocurrency analyst, known by the

Ripple’s native cryptocurrency, XRP, has reached a significant milestone in terms of adoption. Currently, there are close to 5 million accounts on Ripple’s XRPL, with a total of 58.6 million XRP balances held in these wallets. Notably, the integration of an automated market maker (AMM) and a clawback feature to XRPL has been announced. This

The ongoing clash between the Securities and Exchange Commission (SEC) and Binance, the world’s leading cryptocurrency exchange, has led to a flood of requests for additional documentation. In a recent development, the SEC criticized the quality of information provided by Binance and its US arm, expressing dissatisfaction with the mere 250 pages of evidence submitted.

The upcoming week holds significant developments, particularly in September. There are three key events that investors should closely monitor. Among these events is a crucial hearing in the ongoing case between the United States Securities and Exchange Commission (SEC) and Binance. The SEC recently accused Binance of failing to provide sufficient documentation for the case,

In a major blow to the world of cryptocurrency, Karl Sebastian Greenwood, co-founder of OneCoin and known accomplice of the infamous “Cryptoqueen” Ruja Ignatova, has been sentenced to 20 years in prison. The sentencing comes as a result of their involvement in one of the biggest crypto scam projects in history. Ignatova, who was included

The rise of decentralized finance (DeFi) has brought about numerous opportunities for investors in the crypto market. However, with this growth comes the alarming prevalence of market manipulation activities. In Solidus Labs’ latest market manipulation report, shocking findings reveal wash trading worth billions of dollars on Ethereum-based decentralized exchanges (DEXs) since 2020. This article aims

Throughout the past year, Ripple has faced numerous challenges and setbacks, most of which can be traced back to the lawsuit filed against the company by the United States Securities and Exchange Commission (SEC). The allegations made by the SEC, accusing Ripple Labs of conducting an unregistered sale of securities, have significantly impacted the reputation

Coinbase, a prominent player in the world of cryptocurrency services, is currently embroiled in legal disputes in the United States. Accused of improper conduct, the platform has vehemently denied any wrongdoing and has even sought the dismissal of the case. Despite these allegations, both Coinbase and its CEO, Brian Armstrong, continue to enjoy positive recognition

In the world of cryptocurrencies, a new player has emerged—Bitcoin BSC ($BTCBSC). With its stake-to-earn model and enticing presale, $BTCBSC is quickly gaining attention and generating overwhelming hype. But is this new cryptocurrency truly a game-changer? In this article, we will delve into the features and potential of Bitcoin BSC, and explore why experts in

Global cryptocurrency exchange CoinEx recently fell victim to a significant cyber attack, resulting in the theft of at least $29 million worth of assets. The breach was reported by crypto security platform Cyvers, which urged CoinEx to immediately suspend all deposits and withdrawals. The hack targeted the exchange’s hot wallets and involved suspicious transactions across

A Newport resident’s unfortunate disposal of a hard drive containing 8,000 Bitcoin (BTC) has taken a legal turn, as the investor looks to file a lawsuit against the city’s local council. The individual had been attempting to gain access to a landfill site in hopes of recovering the lost cryptocurrency treasure. However, the council has

The Grayscale victory over the SEC has dealt a blow to the financial regulator’s enforcement efforts against the cryptocurrency industry. However, despite this landmark win, the crypto market has seen a noticeable decrease in the accumulation of crypto assets in the spot market. CCData’s latest report reveals a continued losing streak in August, with minor

The recent bankruptcy of FTX, a once-prominent crypto exchange, has left many in a state of financial distress. While the company is aiming to resume operations in the future, it is now seeking to recover some of the funds it paid to professional athletes and teams who had promoted the exchange. High-profile personalities such as

JP Morgan, the prominent American financial services company, is on the brink of revolutionizing cross-border payments and settlements. The company has been quietly developing a new type of token, known as a deposit token, which could potentially accelerate traditional settlements and bring about a more cost-effective system. Deposit tokens are digital coins that serve as

Bankrupt cryptocurrency lender Celsius Network has taken legal action against EquitiesFirst Holdings by submitting an “adversary complaint.” This move comes as Celsius attempts to recoup assets from the private lender, which reportedly owes a total of $439 million. The debt includes $361 million in cash and 3,765 BTC as of July 2022. Celsius is seeking

The cryptocurrency community was recently in a state of confusion when rumors spread that Jim Cramer, the popular TV personality and host of CNBC’s “Mad Money,” expressed his approval of Binance, the largest cryptocurrency exchange. However, Changpeng Zhao, the CEO of Binance, dismissed these speculations. In this article, we will critically analyze Jim Cramer’s past

Bitcoin’s price is often associated with its four-year price cycles, which interestingly align with its halving schedule. However, some analysts argue that this correlation is simply a wild coincidence and that the cyclical movements of the asset are actually influenced by macroeconomic factors. In a tweet, crypto trading analyst TXMC suggested that Bitcoin’s halving schedule

Nigeria, a country located in West Africa, has emerged as a leading player in the world of cryptocurrency. According to a recent study conducted by blockchain and Web3 software company Consensys, an impressive 99% of Nigerians are familiar with cryptocurrencies. This outstanding level of awareness surpasses that of any other country on the globe. The

Ripple, after a period of steady price movements, has finally shifted towards a bearish trajectory. This decline has caused a breach below a critical support zone that is defined by the 200-day moving average. Analyzing the daily chart, it is evident that the drop in XRP price is a result of elevated selling pressure and

Bitcoin recently experienced an unexpected decline from the $29K mark, resulting in a significant breakdown of the pivotal 100-day and 200-day moving averages. This bearish trend has left many wondering how low BTC can go in the current market conditions. It is essential to analyze the price action and market dynamics to gain insights into

Bitboy Crypto’s Ben Armstrong recently took to the BitBoy Crypto YouTube channel to release an emotional apology video after being kicked out of the company. In this heartfelt video, Armstrong publicly acknowledged his mistakes that ultimately led to his ouster. Alongside him was his supportive wife, Bethany, emphasizing her forgiveness and commitment to their relationship.

The recent court victory of Grayscale against the United States Securities and Exchange Commission (SEC) has had a significant impact on the entire cryptocurrency market. This article delves into the repercussions of this landmark ruling and explores the surge in trading volumes for various cryptocurrencies. Bitcoin, the leading cryptocurrency, experienced a substantial price increase as