A crypto pundit has declared that missing out on XRP, the native token of the XRP Ledger (XRPL) could potentially become the biggest mistake an individual can make. The analyst has expressed bullish sentiment on its dominance and future outlook following its possible integration into financial banking systems. Related Reading Here’s Why Investors Should Not …
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The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. Related Reading SEC Accuses Consensys Of Violating Securities Laws Using Metamask According to the court document, the SEC claims that Consensys has acted …
The cryptocurrency market has been a rollercoaster ride in 2024, with many tokens experiencing significant losses. However, amidst the chaos, XRP, the native token of Ripple, has stood out as a beacon of stability. While not immune to the overall market dip, XRP has remained relatively range-bound, minimizing losses and sparking renewed optimism among analysts …
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Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM), suggesting that the crypto token could soon make a significant rally to the upside. The analyst also hinted at how Fantom could rise when this happens. Fantom Could Rise To As High As $1.2 Based on the chart Altcoin Sherpa shared, Fantom could …
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Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during EU working hours, i.e., between 8 A.M. and 8 P.M. Central European Time (07:00-19:00 UTC), respectively, and Central European Summer Time (06:00-18:00 UTC). Bitcoin’s month-over-month price change in the EU region shows significant fluctuations over recent months. Analyzing the first half …
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According to Eric Balchunas, senior ETF analyst for Bloomberg, the U.S. Securities and Exchange Commission (SEC) has asked prospective spot Ethereum exchange-traded funds (ETFs) issuers to re-file their S-1 forms by July 8. This would delay the launch of the Ethereum ETFs to mid-July or later, pushing it from its expected launch date of July …
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The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However, the majority of the claims against the crypto exchange will proceed. Some …
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The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal communications of SEC Chair Gary Gensler. The SEC argues that the subpoena is irrelevant and imposes undue burden. SEC Seeks to Quash Coinbase Subpoena in …
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While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach. Therefore, instead of relying solely on lobbying efforts or …
Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to address limitations in current layer two (L2) solutions and expand cultural and community-driven crypto adoption. Igloo Expands Crypto Infrastructure With Frame Acquisition Igloo …
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector. Supreme Court Overturns Chevron Deference, Paving Way for Regulatory Clarity in Digital Assets …
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Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $73.05 million was added during the trading sessions, with Blackrock’s IBIT leading the pack. Spot Bitcoin ETFs Enjoy Four-Day Inflow Streak On Friday, the 11 spot bitcoin ETFs saw $73.05 million …
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Meme coins have stolen the spotlight this Bitcoin halving cycle, and they’ve offered unparalleled opportunity to at least some participants.
The decentralized oracle network Chainlink (LINK) leads all ERC-20 projects in terms of recent development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink registered 560.6 notable GitHub events in the past 30 days. Status (SNT) was second, clocking 385.97 events. Status aims to offer users a secure …
The U.S. Securities and Exchange Commission (SEC) is suing Consensys, claiming that the blockchain tech firm’s MetaMask wallet acted as an unregistered securities broker. According to recent court documents, the SEC says Consensys violated federal laws by failing to register with the regulatory agency as a securities broker. “Since October 2020, Consensys has acted as …
