Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s […]
Ethereum’s recent attempt to break above the multi-month descending channel’s middle threshold of $2.6K has turned out to be a false breakout, leading to a notable rejection and sharp decline. This pattern suggests a potential mid-term continuation of the downtrend toward the $2.1K support level. Technical Analysis By Shayan The Daily Chart Ethereum’s price action […]
The crypto market tumbled significantly as geopolitical tensions escalated after Iran launched missile strikes on Israel. Bitcoin, for one, dropped below $60,500 before staging a modest recovery. Despite this, demand from United States-based investors remains high, according to recent findings. Such a trend could provide Bitcoin with a respite from the bears. US Investor Demand […]
Polymarket, the blockchain-based prediction platform, recorded a trading volume of $533.51 million in September, driven largely by interest in the 2024 U.S. presidential election and geopolitical developments in the Middle East. According to Dune Analytics, this marks a $61.51 million increase from August’s $472 million. The platform also saw a 41% rise in active users, […]
Several altcoins have surrendered their recent gains this week amid rising geopolitical tensions, with Polkadot (DOT) facing similar challenges. The latest market correction pulled the altcoin’s price down to $4.04, a drop of over 14% in just three days. At times like this, it’s important to take a step back and examine some fundamentals and […]
The United States Court of Appeals for the Ninth Circuit has reopened a case against AT&T, an American multinational telecommunications company whose employees enabled a Subscriber Identity Module (SIM) swap that led to the theft of cryptocurrencies worth $24 million in 2018. According to a filing published by the court panel, almost all charges brought […]
The U.S. Securities and Exchange Commission’s (SEC) Director of Enforcement, Gurbir Grewal, has announced his resignation, effective October 11, 2024. His sudden exit comes at a critical moment for the regulator, as it is filing an appeal in its high-profile case against Ripple. Grewal Leaving as SEC Appeals Ripple Decision The departure was announced in […]
The identity of Satoshi Nakamoto has remained a secret ever since the pseudonymous creator of Bitcoin left the scene back in 2010. Now, “Money Electric: The Bitcoin Mystery” claims to have identified him. According to a Politico report, Cullen Hoback’s documentary is expected to air next Wednesday at 2 AM CET. Not much else is known at […]
Best Wallet’s new “Upcoming Tokens” feature is finally here, and it’s changing the presale game. This user-friendly app gives investors exclusive access to trending crypto projects before they even launch. No more FOMO – just easy access to the next big thing with Best Wallet. Best Wallet Aims to Be More Than Just Another Crypto […]
On Oct. 2, the US Securities and Exchange Commission filed a notice of appeal in the Ripple lawsuit seeking to overturn an earlier ruling. The agency has appealed a 2023 verdict set by Judge Torres, which ruled that secondary sales of Ripple’s XRP token did not constitute securities sales. The judge ruled that XRP failed […]